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VTC Videndum Plc

1,290.00
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Videndum Plc LSE:VTC London Ordinary Share Ordinary Shares
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,290.00 1,280.00 1,288.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

The Vitec Group PLC Holding(s) in Company (2011D)

04/07/2016 5:12pm

UK Regulatory


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RNS Number : 2011D

The Vitec Group PLC

04 July 2016

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.

4 July 2016

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 4,627,993 ordinary shares of 20p each in Vitec, being 10.39% 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 2015 revenue of GBP317.8 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 for photographic and video cameras 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 
--------------------------------------------------------------------------------------------------  ------- 
 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                                          FIL Investment Services (UK) Limited         ü 
  specify):                                             delegated investment management services 
                                                        to FIL Investments International on 
                                                        1 July 2016 and the chain of controlled 
                                                        undertakings through which voting 
                                                        rights are held is updated to reflect 
                                                        this delegation. 
-----------------------------------------------------  -------------------------------------------  ------- 
 3. Full name of person(s)                               FIL Limited 
  subject to the 
  notification obligation: 
  (iii) 
------------------------------------------------------  --------------------------------------------------- 
 4. Full name of shareholder(s)                          See Section 9 
  (if different from 3.):(iv) 
------------------------------------------------------  --------------------------------------------------- 
 5. Date of the transaction                              1 July 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  --------------------------------------------------- 
 6. Date on which issuer                                 4 July 2016 
  notified: 
------------------------------------------------------  --------------------------------------------------- 
 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 
  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 
-------------  ----------------  ----------------  --------------  ------------------------  ------------------------- 
                                                    Indirect        Direct     Indirect       Direct        Indirect 
                                                                    (xi)        (xii) 
-------------      ------------    ------------    --------------  ---------  -------------  ------------  ----------- 
 GB0009296665   4,627,993         4,627,993         4,627,993                  4,627,993                    10.39% 
               ----------------  ----------------  --------------  ---------  -------------  ------------  ----------- 
 
 
 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 
---------------------------------------------------  ----------------------------------------------------------------- 
 4,627,993                                            10.39% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------------------------------- 
                                    Percentage 
    Controlled Undertaking              holding 
   -------------------------------  ----------- 
    FIL INVESTMENTS INTERNATIONAL         10.39 
   -------------------------------  ----------- 
    Grand Total                           10.39 
   -------------------------------  ----------- 
 
 Proxy Voting: 
--------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
--------------------------------------------------------------  ----------------------------------- 
 11. Number of voting rights proxy 
  holder will acquire: 
--------------------------------------------------------------  ----------------------------------- 
 12. Date on which proxy holder will 
  acquire voting rights: 
--------------------------------------------------------------  ----------------------------------- 
 
 
  13. Additional information:                                  Threshold crossed by a controlled 
                                                               undertaking 
------------------------------------------------------------  ------------------------------------- 
 14. Contact name:                                             Sally-Ann Hatton 
------------------------------------------------------------  ------------------------------------- 
 15. Contact telephone number: 
                                                                 fil-regreporting@fil.com, 
                                                                 01737 837148 
------------------------------------------------------------  ------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLRIMFTMBMMBLF

(END) Dow Jones Newswires

July 04, 2016 12:12 ET (16:12 GMT)

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