VTC.L Regulatory News (VTC)

8 Mar 2007 11:34

The Vitec Group PLC08 March 2007 8 March 2007 The Vitec Group plc NOTIFICATION OF MAJOR INTERESTS IN SHARES In conformity with the Transparency Directive The Vitec Group plc ("Vitec") isrequired to announce to the market the receipt of notifications of majorinterests in shares. Vitec received notice on 7 March 2007 in accordance with the Disclosure andTransparency Rules that BT Pension Scheme Trustees Limited as trustee of the BTPension Scheme has a notifiable interest in 2,433,604 ordinary shares of 20peach in Vitec, being 5.90% of the issued ordinary share capital of Vitec. Roland PeateCompany Secretary TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES (1). Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached (ii): VITEC GROUP PLC 2. Reason for the notification (please state Yes/No): ( ) An acquisition or disposal of voting rights: ( ) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : RE-DISCLOSURE FOLLOWING IMPLEMENTATION OF THE ( X ) TRANSPARENCY DIRECTIVE 3. Full name of person(s) subject to the notification obligation (iii): BT PENSION SCHEME TRUSTEES LIMITED AS TRUSTEE OF THE BT PENSION SCHEME. SEESECTION 9 FOR FURTHER INFORMATION 4. Full name of shareholder(s) (if different from 3.) (iv): N/A 5. Date of the transaction and date on which the threshold is crossed or reachedif different) (v): POSITION HELD ON 20TH JANUARY 2007 6. Date on which issuer notified: 07 MARCH 2007 7. Threshold(s) that is/are crossed or reached: % 8. Notified details: A: Voting rights attached to shares Class/type of shares Situation previous to if possible using the the Triggering ISIN CODE transaction (vi) Number of shares Number of voting Rights (viii) 0929666 2,433,604 2,433,604 ORD 20P Resulting situation after the triggering transaction (vii) Class/type of shares Number of shares Number of voting rights % of voting rights if possible using (ix) the ISIN CODE Direct Direct (x) Indirect (xi) Direct Indirect 0929666 70,085 70,085 2,363,519 0.170% 5.726% ORD 20P B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Date Exercise/Conversion Number of voting % of voting financial (xiii) Period/ Date (xiv) rights that may be rights instrument acquired if the instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 2,433,604 5.896% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): BT Pension Scheme Trustees Limited is the parent undertaking of Britel FundTrustees Limited, which is the parent undertaking of Hermes Pensions ManagementLimited. Hermes Pensions Management Limited is the parent undertaking of 1. Hermes Investment Management Limited (voting rights held in this issuer: 0.914%)2. Hermes Focus Asset Management Limited (voting rights held in this issuer: 4.982%) Please see Section 13 for further information. Proxy Voting: 10. Name of the proxy holder: See Comment in Section 13. 11. Number of voting rights proxy holder will cease to hold: See Comment in Section 13. 12. Date on which proxy holder will cease to hold voting rights: See Comment in Section 13. 13. Additional information: Hermes Investment Management Limited hold the voting rights under a standingproxy contained in investment management agreements with various underlyingclients, which includes all the shares owned directly by BT Pension Scheme. Hermes Focus Asset Management Limited hold the voting rights as General Partnerunder a standing proxy contained in limited partnership agreements with variouslimited partnerships. All voting rights held on behalf of the above entities are aggregated for thepurposes of DTR 5.2.1(a) and disclosed pursuant to DTR 5.1.5. This disclosure is made by BT Pension Scheme Trustees Limited, which is theultimate parent undertaking for the purposes of DTR 5.2.1(e). 14. Contact name: Margaret Moss /Valerie Davidson 15. Contact telephone number: 020 7680 2125 / 020 7680 2177 Annex Notification Of Major Interests In Shares (XVI) A: Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal entities): BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme and Hermes Pensions Management Limited Contact address (registered office for legal entities): Lloyds Chambers, 1 Portsoken Street, London E1 8HZ Phone number:020 7702 0888 Other useful information (at least legal representative for legal persons): BT Pension Scheme Trustees Limited is the parent undertaking of the group ofcompanies subject to the notification obligation as indirect holders of votingrights for the purpose of DTR 5.2.1(a) and 5.2.1(e) B: Identity of the notifier, if applicable (xvii) Full name: Hermes Investment Management Limited as agent for BT Pension Scheme Trustees Limited. Contact address: Lloyds Chambers, 1 Portsoken Street, London E1 8HZ Phone number: 020 7680 2125 / 020 7680 2177 Other useful information (e.g. functional relationship with the person or legalentity subject to the notification obligation): Hermes Investment Management Limited acts as investment manager and agent on behalf of BT Pension Scheme Trustees Limited This information is provided by RNS The company news service from the London Stock Exchange