The Vitec Group PLC Holding(s) in Company (4632B)

TIDMVTC

RNS Number : 4632B

The Vitec Group PLC

06 January 2015

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

6 January 2015

The Vitec Group plc

NOTIFICATION OF MAJOR INTERESTS IN SHARES

In conformity with the Transparency Directive The Vitec Group plc (Vitec) is required to announce to the market the receipt of notifications of major interests in shares.

Vitec received the attached notice in accordance with the Disclosure and Transparency Rules that Delta Lloyd NV and its Group of Companies has a notifiable interest in 6,540,063 ordinary shares of 20p each in Vitec, being 14.76% of the issued ordinary share capital of Vitec.

Jon Bolton

Group Company Secretary

A Snapshot of The Vitec Group

Vitec is an international Group principally serving customers in the Broadcast & Video and Photographic markets. Listed on the London Stock Exchange with 2013 revenue of GBP315.4 million, Vitec is based on strong, well known, premium brands on which its customers worldwide rely. Vitec is organised in three Divisions: Videocom, Imaging and Services.

Videocom designs, manufactures and distributes systems and products used in broadcasting and live entertainment, film and video production.

Imaging designs, manufactures and distributes equipment and accessories for photography and video.

Services provides equipment rental, workflow design and technical support to TV production teams and film crews.

More information can be found at: www.vitecgroup.com.

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying           Vitec Group plc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
----------------------------------------------------  --------------------------------------- 
 2 Reason for the notification (please tick the appropriate box or 
  boxes): 
--------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                               x 
---------------------------------------------------------------------------------------  ---- 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
---------------------------------------------------------------------------------------  ---- 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
---------------------------------------------------------------------------------------  ---- 
 An event changing the breakdown of voting rights 
---------------------------------------------------------------------------------------  ---- 
 Other (please       . 
  specify): 
------------------  -------------------------------------------------------------------  ---- 
 3. Full name of person(s) subject           Delta Lloyd N.V. and its Group of 
  to the                                      Companies 
  notification obligation: (iii) 
------------------------------------------  ------------------------------------------------- 
 4. Full name of shareholder(s)                                            Registered Holder: 
  (if different from 3.):(iv) 
 
 
 
                                                         Delta Lloyd L European Participation 
                                                                                   Fund Sicav 
                                                                                    2,311,406 
 
                                                            Delta Lloyd Europees Deelnemingen 
                                                                                   Fonds N.V. 
                                                                                    4,228,657 
------------------------------------------  ------------------------------------------------- 
 5. Date of the transaction and date                                           5 January 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ------------------------------------------------- 
 6. Date on which issuer notified:                                             6 January 2015 
------------------------------------------  ------------------------------------------------- 
 7. Threshold(s) that is/are crossed                    15% to 14% Change at Combined Intrest 
  or                                                                                    Level 
  reached: (vi, vii) 
------------------------------------------  ------------------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                     Resulting situation after the triggering 
 of              to the triggering                      transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  -------------------------------------  -------------------------------------------------------------------- 
                Number            Number               Number        Number of voting         % of voting rights 
                 of                of                   of shares     rights                   (x) 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  -------------------  ------------  -----------------------  ----------------------------- 
                                                       Direct        Direct       Indirect    Direct         Indirect 
                                                                      (xi)         (xii) 
-------------    -----  -------  ------  ------  ---  ------------  -----------  ----------  -------------  -------------- 
 Ordinary 
 shares         6,665,063         6,665,063            6,540,063     NIHIL        6,540,063   NIHIL          14.76% 
               ----------------  -------------------  ------------  -----------  ----------  -------------  -------------- 
 GB0009296665 
-------------    -----  -------  ------  ------  ---  ----------    ---  ------  ----------      ---  ----     ----------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial       Expiration       Exercise/                       Number of voting             % of voting 
  instrument              date (xiii)      Conversion Period               rights that may              rights 
                                           (xiv)                           be 
                                                                           acquired if the 
                                                                           instrument is 
                                                                           exercised/ converted. 
----------------------  ---------------  ------------------------------  ---------------------------  -------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration      Exercise/          Number of voting             % of voting rights 
 financial         price           date (xvii)     Conversion         rights instrument            (xix, xx) 
 instrument                                        period             refers to 
                                                   (xviii) 
---------------  --------------  --------------  -----------------  ---------------------------  ------------------------- 
                                                                                                  Nominal       Delta 
---------------  --------------  --------------  -----------------  ---------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                           Percentage of voting rights 
----------------------------------------------------------------  -------------------------------------------------------- 
 6,540,063                                                         14.76% 
----------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights 
  and/or the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------------ 
 
   The voting rights held in the 2 investment funds are managed and controlled 
   by Delta Lloyd Asset Management N.V., with the following chain of controlled 
   undertakings: 
 
   Delta Lloyd Asset Management N.V.: 
    *    Delta Lloyd N.V. 
 
 
    *    DLAM Holding B.V. (wholly owned subsidiary of Delta 
         Lloyd N.V.) 
 
 
    *    Delta Lloyd Asset Management N.V. (wholly owned 
         subsidiary of DLAM Holding B.V.) 
 
 Proxy Voting: 
------------------------------------------------------------------------------------ 
 10. Name of the proxy holder:                                         See section 4 
-------------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
-------------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
-------------------------------------------------------  --------------------------- 
 
                                              Figures are based on a total number 
  13. Additional information:                  of voting rights of 44,321,774 (on 
                                               6 January 2015) 
-------------------------------------------  --------------------------------------- 
 14. Contact name:                                Delta Lloyd Asset Management, 
                                                 Ms S.C. van Wingerden, paralegal 
-------------------------------------------  --------------------------------------- 
 15. Contact telephone number:                                    [phone] 
-------------------------------------------  --------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLBFMFTMBIMBRA