The Vitec Group PLC Holding(s) in Company (5705H)

TIDMVTC

RNS Number : 5705H

The Vitec Group PLC

16 March 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.

16 March 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 5,934,680 ordinary shares of 20p each in Vitec, being 13.39% of the issued ordinary share capital of Vitec.

Jon Bolton

Group Company Secretary

A Snapshot of The Vitec Group

Vitec is a global provider of premium branded products and services to the Broadcast and Photographic markets. Vitec is listed on the London Stock Exchange with 2014 revenue of GBP309.6 million.

The Group is organised in two Divisions:

The Broadcast Division designs, manufactures and distributes premium branded products for broadcasting, film and video production for broadcasters and independent content creators. It also provides premium services including equipment rental and technical solutions to TV production teams and film crews.

The Photographic Division designs, manufactures and distributes premium branded equipment and provides dedicated solutions to professional and non-professional image takers.

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 Vitec Group plc 
  the underlying 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)                                    Delta Lloyd N.V. and its 
  subject to the                                               Group of Companies 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------------------- 
 4. Full name of shareholder(s)                                                             Registered Holder: 
  (if different from 3.):(iv) 
                                                                          Delta Lloyd L European Participation 
                                                                                                    Fund Sicav 
                                                                                                     2,260,060 
 
                                                                             Delta Lloyd Europees Deelnemingen 
                                                                                                    Fonds N.V. 
                                                                                                     3,674,620 
-----------------------------------------------------------  ------------------------------------------------- 
 5. Date of the transaction                                                                      13 March 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------------------- 
 6. Date on which issuer                                                                         16 March 2015 
  notified: 
-----------------------------------------------------------  ------------------------------------------------- 
 7. Threshold(s) that is/are                                                     14% to 13% Change at Combined 
  crossed or                                                                                     Intrest Level 
  reached: (vi, vii) 
-----------------------------------------------------------  ------------------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                  Resulting situation after the 
  of             to the triggering                   triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  ----------------------------------  ------------------------------------------------------------------- 
                Number            Number            Number          Number of                 % of voting 
                 of                of                of shares       voting                    rights (x) 
                 Shares            Voting                            rights 
                                   Rights 
-------------  ----------------  ----------------  --------------  ------------------------  ------------------------- 
                                                    Direct          Direct     Indirect       Direct        Indirect 
                                                                    (xi)        (xii) 
-------------      ------------    ------------    --------------  ---------  -------------  ------------  ----------- 
 Ordinary 
  shares        6,434,680         6,434,680         5,934,680       NIHIL      5,934,680      NIHIL         13.39% 
               ----------------  ----------------  --------------  ---------  -------------  ------------  ----------- 
 GB0009296665 
-------------      ------------    ------------      ------------    -------  -------------      --------    --------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration      Exercise/                         Number of voting            % of voting 
 financial           date            Conversion                        rights that                 rights 
 instrument          (xiii)          Period (xiv)                      may 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 
 financial         price          date            Conversion         rights instrument           rights (xix, 
 instrument                       (xvii)          period             refers to                   xx) 
                                                  (xviii) 
---------------  --------------  --------------  ----------------  --------------------------  ----------------------- 
                                                                                                Nominal       Delta 
---------------  --------------  --------------  ----------------  --------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ----------------------------------------------------------------- 
 5,934,680                                            13.39% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 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 
  13. Additional information:                    number of voting rights of 
                                                 44,325,019 (on 16 March 2015) 
---------------------------------------------  ------------------------------- 
 14. Contact name:                              Delta Lloyd Asset Management, 
                                                       Mr K. Cimmermans 
---------------------------------------------  ------------------------------- 
 15. Contact telephone number:                              [phone] 
---------------------------------------------  ------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLJFMFTMBTBBBA