The Vitec Group PLC
07 November 2007
7 November 2007
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 notice on 7 November 2007 in accordance with the Disclosure and
Transparency Rules that BT Pension Scheme Trustees Limited as trustee of the BT
Pension Scheme has a notifiable interest in 1,191,156 ordinary shares of 20p
each in Vitec, being 2.833% of the issued ordinary share capital of Vitec.
Roland Peate
Company Secretary
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:
Vitec Group 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) : ( )
3. Full name of person(s) subject to the notification obligation:
BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme.
See Section 9 for further information.
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or reached
if different):
6 November 2007
6. Date on which issuer notified:
7 November 2007
7. Threshold(s) that is/are crossed or reached:
2%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares Situation previous to
if possible using the the Triggering
ISIN CODE transaction
Number of shares Number of voting Rights
GB0009296665 1,591,156 1,591,156
Ord GBP20
0929666
Resulting situation after the triggering transaction
Class/type of shares Number of shares Number of voting rights % of voting rights
if possible using
the Isin CODE
Direct Direct Indirect Direct Indirect
GB0009296665 0 0 1,191,156 0.00% 2.833%
Ord GBP20
0929666
B: Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Date Exercise/Conversion Number of voting % of voting
financial Period/ Date rights that may be rights
instrument acquired if the
instrument is
exercised/
converted.
Total (A+B)
Number of voting rights % of voting rights
1,191,156 2.833%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
BT Pension Scheme Trustees Limited is the parent undertaking of Britel Fund
Trustees Limited, which is the parent undertaking of Hermes Pensions Management
Limited. Hermes Pensions Management Limited is the parent undertaking of:
1. Hermes Equity Ownership Services Limited (voting rights held in this
issuer: 0.224%)
2. Hermes Investment Management Limited (voting rights held in this
issuer: 0.153%)
3. Hermes Assured Limited (included with number 2)
4. Hermes Focus Asset Management Limited (voting rights held in this
issuer: 2.456%)
Please see Section 13 for further information.
Proxy Voting:
10. Name of the proxy holder:
See Comment in Section 13.
11. Number of voting rights proxy holder will cease to hold:
See Comment in Section 13.
12. Date on which proxy holder will cease to hold voting rights:
See Comment in Section 13.
13. Additional information:
Hermes Equity Ownership Services Limited hold the voting rights under a standing
proxy contained in services agreements for the provision of corporate governance
services to various underlying clients.
Hermes Investment Management Limited hold the voting rights under a standing
proxy contained in investment management agreements with various underlying
clients, which includes all the shares owned directly by BT Pension Scheme.
All voting rights held on behalf of the above entities are aggregated for the
purposes of DTR 5.2.1(a). The aggregation is made at the lower threshold of 3%
and above because Hermes Equity Ownership Services Limited does not manage
investments for the purposes of the investment manager exemption contained in
DTR 5.1.5.
Hermes Focus Asset Management Limited hold the voting rights as General Partner
under a standing proxy contained in limited partnership agreements with various
limited partnerships.
This disclosure is made by BT Pension Scheme Trustees Limited, which is the
ultimate parent undertaking for the purposes of DTR 5.2.1(e).
14. Contact name:
Valerie Davidson / Margaret Moss
15. Contact telephone number:
020 7680 2177 / 020 7680 2125
This information is provided by RNS
The company news service from the London Stock Exchange
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