Holding(s) in Company

RNS Number : 6385G
The Vitec Group PLC
03 February 2010
 



 The Vitec Group plc

 

NOTIFICATION OF MAJOR INTEREST 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 Aviva plc & its subsidiaries has a notifiable interest in 4,400,483 ordinary shares of 20p each in Vitec, being 10.28% of the issued ordinary share capital of Vitec.

 

Jon Bolton

Company Secretary 

 

TR-1: NOTIFICATION OF MAJOR INTEREST 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 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 specify):

 


 

3. Full name of person(s) subject to the notification obligation:

 

Aviva plc & its subsidiaries

4. Full name of shareholder(s) (if different from 3.):

 

Registered Holder;

 

BNY Norwich Union Nominees Limited 
                                                    37,158*

 

Chase(GA Group)Nominees Limited
                                                    55,762*

 

*denotes direct interest

 

Chase Nominees Limited             41,499

 

Delta Lloyd Europees Deelnemingen Fonds                                       3,001,576

 

Delta Lloyd Luxembourg European Participation Fund                    1,151,805

 

Vidacos Nominees Limited           12,683

5. Date of the transaction and date on which the threshold is crossed or reached:

 


02 February 2010

6. Date on which issuer notified:

 

03 February 2010

7. Threshold(s) that is/are crossed or reached:

 

<10% to 10% Change at Combined Interest Level



 

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

Number of voting
rights

% of  voting rights

Direct

Direct

Indirect

Direct

Indirect


Ordinary Shares


2,139,882


2,139,882


4,400,483


192,920


4,207,563


0.45%


9.83%


B0009296665

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial
instrument

Expiration
date

Exercise/
Conversion
Period

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

 

% of voting
rights






 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial
instrument

Exercise
price

Expiration
date

Exercise/
Conversion
period

Number of voting
rights instrument
refers to

% of voting rights

 






Nominal

Delta

 



 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights


4,400,483


10.28%

 

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 the 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 42,813,119

14. Contact name:

 

Neil Whittaker

15. Contact telephone number:

 

01603 684420

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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