Holding(s) in Company

RNS Number : 7278F

The Vitec Group PLC

13 October 2008

 



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 13 October 2008 in accordance with the Disclosure and Transparency Rules that  Aviva plc & its subsidiaries has a notifiable interest in the voting rights of 2,139,882 ordinary shares of 20p each in Vitec, being 5.07% of the issued ordinary share capital of Vitec.

ROLAND PEATE
COMPANY SECRETARY

For filings with the FSA include the annex For filings with issuer exclude the annex

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

The Vitec Group plc

2. Reason for notification (yes/no)
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 notification obligation:	Aviva plc & its subsidiaries
4. Full name of shareholder(s) (if different from 3):	Registered Holder: BNY Norwich Union Nominees Limited                                       77,558* Chase GA Group Nominees Limited                                     165,618* CUIM Nominee Limited                                                   73,844* * denotes direct interest   Chase Nominees Limited                                                  40,179 Vidacos Nominees Limited                                                  12,683 Delta Lloyd Europees Deelnemingen Fonds            1,770,000
5. Date of transaction (and date on which the threshold is crossed or reached if different):	09 October 2008
6. Date on which issuer notified:	13 October 2008
7. Threshold(s) that is/are crossed or reached:	<5% to 5% Change at Combined Interest Level

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use ISIN code	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of shares	Number of voting rights	Number of shares	Number of voting rights		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
Ordinary Shares  GB0009296665	N/A	N/A	317,020	317,020	1,822,862	0.75%	4.32%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights
N/A

Total (A+B)
Number of voting rights	Percentage of voting rights
2,139,882	5.07%

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

The voting rights are managed and controlled by Aviva Investors Global Services Limited and Delta Lloyd Asset Management NV, with the following chain of controlled undertakings:- Aviva Investors Global Services Limited: Aviva plc (Parent Company) Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc) Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group Holdings Limited) Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva Investors Holdings  Limited) Delta Lloyd Asset Management NV: Aviva plc (Parent Company) Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc) Aviva International Insurance Limited (wholly owned subsidiary of Aviva Group Holdings Limited) Aviva Insurance Limited (wholly owned subsidiary of Aviva International Insurance Limited) Aviva International Holdings Limited (wholly owned subsidiary of Aviva Insurance Limited) CGU International Holdings BV (wholly owned subsidiary of Aviva International Holdings Limited) Delta Lloyd NV (majority owned subsidiary of CGU International Holdings BV) Delta Lloyd Asset Management NV (wholly owned subsidiary of Delta Lloyd NV)

Proxy Voting:
10. Name of proxy holder:	See Section 4
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:	Figures are based on a total number of voting rights of 42,185,701.
14 Contact name:	Neil Whittaker
15. Contact telephone number:	01603 684420

For notes on how to complete form TR-1 please see the FSA website. 

 

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