The Vitec Group PLC Holding(s) in Company (1741S)

TIDMVTC

RNS Number : 1741S

The Vitec Group PLC

06 July 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 July 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 FIL Limited has a notifiable interest in 4,518,210 ordinary shares of 20p each in Vitec, being 10.18% 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 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                                    ü 
-----------------------------------------------------------------------------  ------- 
 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             FIL Limited 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                See Section 9 
  (if different from 3.):(iv) 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date           02 July 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:             03 July 2015 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                           10% 
--------------------------------------------  ---------------------------------------- 
 
 
 
 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 
-------------  ----------------  -------------------  ------------  -----------------------  ----------------------------- 
                                                       Indirect      Direct       Indirect    Direct         Indirect 
                                                                      (xi)         (xii) 
-------------    -----  -------  ------  ------  ---  ------------  -----------  ----------  -------------  -------------- 
 GB0009296665   4,431,245         4,431,245            4,518,210                  4,518,210                  10.18% 
               ----------------  -------------------  ------------  -----------  ----------  -------------  -------------- 
 
 
 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 
----------------------------------------------------------------  -------------------------------------------------------- 
 4,518,210                                                         10.18% 
----------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
--------------------------------------------------------------------------------------- 
   Sum of Factored Shares 
     Held 
    Custodian                 Day to Day IM                         Total 
    JP MORGAN, BOURNEMOUTH 
     (C)                      FII-FIL INVESTMENTS INTERNATIONAL       625,918 
     FILUK-FIL INVESTMENT SERVICES (UK) 
      LIMITED                                                       3,892,292 
    Grand Total                                                     4,518,210 
   --------------------------------------------------------------  ---------- 
 
 Proxy Voting: 
--------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                             FIL Limited 
--------------------------------------------------------  ----------------------------- 
 11. Number of voting rights proxy holder will 
  acquire:                                                 86,965 
--------------------------------------------------------  ----------------------------- 
 12. Date on which proxy holder will acquire               02 July 2015 
  voting rights: 
--------------------------------------------------------  ----------------------------- 
 
 
  13. Additional information:                None 
-----------------------------------------  -------------------------------------------- 
 14. Contact name:                          Sally-Ann Hatton 
-----------------------------------------  -------------------------------------------- 
 15. Contact telephone number: 
                                              [e-mail], 01737 837148 
-----------------------------------------  -------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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