Holding(s) in Company

RNS Number : 5894W

Vislink PLC

12 June 2008

 

Vislink plc

Holdings in Company

12 June 2008

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

Vislink received notice on 11 June 2008 in accordance with the Disclosure and Transparency Rules that Legal & General Assurance (Pensions Management) Limited (PMC) has a notifiable interest in 6,098,161 ordinary shares of 2.5pence each in Vislink plc, being 4.4% of the issued ordinary share capital of Vislink. Details of the notification are given below.

James Trumper - Company Secretary 

Telephone: [phone]

FINANCIAL SERVICES AUTHORITY

TR-1 : NOTIFICATION OF MAJOR INTERESTS IN SHARES 

1.	Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached :      Vislink plc
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 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): Transferred to External Fund Manager	[  ]
3.	Full name of person(s) subject to the notification obligation :
	Legal & General Group Plc (Group), Legal & General Investment Management Limited (LGIM), Legal & General Group Plc (L&G).
4.	Full name of shareholder(s) (if different from 3.) :
	Legal & General Assurance (Pensions Management) Limited (PMC).
5.	Date of the transaction (and date on which the threshold is crossed or reached if different) :
	10 June 2008.
6.	Date on which issuer notified:
	11 June 2008.
7.	Threshold(s) that is/are crossed or reached:
	Below 5% (Group); Below 5% (LGIM); From 5% - 4% (L&G)

8.	Notified details:
A.	Voting rights attached to shares

Class/type of shares  ( if possible using the ISIN CODE)	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares Direct	Number of Voting Rights		% of voting rights
				Direct	Indirect	Direct	Indirect
Ord GBP 0.025	8,216,850 (LGIM)	8,216,850 (LGIM)	Below 5% (LGIM)
	7,894,050 (L&G)	7,894,050 (L&G)	6,098,161 L&G)	6,098,161 (L&G)		4.40 (L&G)

B.

Financial Instruments

Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period/ Date	Number of voting rights that may be acquired if the instrument is exercised/ converted	% of voting rights
n/a	n/a	n/a	n/a	n/a

Total (A+B)
Number of voting rights	% of voting rights
Below 5% (LGIM)
6,098,161 (L&G)	4.40 (L&G)

9.

Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):

Legal & General Group Plc (Direct and Indirect) (Group) (Below 5%  = Total Position) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (Below 5%  = Total Position) Legal & General Investment Management Limited (Indirect) (LGIM) (Below 5%  = Total Position) Legal & General Group Plc (Direct) (L&G) (6,098,161 - 4.40 % = LGAS, LGPL & PMC) Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (5,469,376 - 3.94 % = PMC) Legal & General Insurance Holdings Limited (Direct) (LGIH) Legal & General Assurance (Pensions Management) Limited (PMC) (5,469,376 - 3.94 % = PMC) Legal & General Assurance Society Limited (LGAS & LGPL) Legal & General Pensions Limited (Direct) (LGPL)

Proxy Voting:

10.	Name of the proxy holder:
	N/A.
11.	Number of voting rights proxy holder will cease to hold:
	N/A.
12.	Date on which proxy holder will cease to hold voting rights:
	N/A.
13.	Additional information:
	Notification using the total voting rights figure of 138,593,588.
14.	Contact name:
	N/A.
15.	15. Contact telephone number:
	N/A.

 

END

 

 

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