The Vitec Group PLC
4 June 2004
SCHEDULE 10
NOTIFICATION OF MAJOR INTERESTS IN SHARES
1) NAME OF COMPANY
THE VITEC GROUP PLC
2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
HARRIS ASSOCIATES L.P.
3) Please state whether notification indicates that it is in respect of
holding of the Shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18
NAMED IN 2 ABOVE
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them.
SEE LETTER BELOW DATED 3 JUNE 2004
5) Number of shares/amount of stock acquired.
86,115
6) Percentage of issued Class
0.21%
7) Number of shares/amount of stock disposed
-
8) Percentage of issued Class
-
9) Class of security
ORDINARY SHARES
10) Date of transaction
2 JUNE 2004
11) Date company informed
3 JUNE 2004
12) Total holding following this notification
2,547,007
13) Total percentage holding of issued class following this notification
6.20%
14) Any additional information
SEE LETTER BELOW
15) Name of contact and telephone number for queries
R D PEATE
TEL: 020 8939 4650
16) Name and signature of authorised company official responsible for
making this notification
Date of Notification
4 JUNE 2004
Letter to The Vitec Group Plc
Letter dated June 3, 2004
We are writing to notify you pursuant to the Disclosure of Interests in Shares
(Amendment) Regulations 1993 (SI 1993 No. 1819) of our interest in investment
holdings in the ordinary share capital of Vitec Group plc. Following a purchase
of 86,115 shares on June 2, 2004, accounts managed by Harris Associates L.P.
became the beneficial owners of 2,547,007 shares of Vitec Group plc. This
represents 6.21% of the company and an increase above the 6% substantial
shareholder threshold. The following is a breakdown as of June 2, 2004:
Account Name Shares Owned % of Company
Oakmark International Small Cap Fund 1,780,107 4.34%
BMG Small Cap 344,400 0.84%
Pennsylvania State Retirement System 165,000 0.40%
Northwestern 129,500 0.32%
University of Washington 128,000 0.31%
2,547,007 6.21%
Percentages are based on 41,038,819 outstanding shares. All holdings of Vitec
Group are for investment purposes only.
Letter from Harris Associates L.P.
This information is provided by RNS
The company news service from the London Stock Exchange
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Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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