Holding(s) in Company

RNS Number : 8505J

The Vitec Group PLC

07 April 2010

 



 

7 April 2010

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 the attached notice in accordance with the Disclosure and Transparency Rules that Aviva plc & its subsidiaries has a notifiable interest in 4,702,437 ordinary shares of 20p each in Vitec, being 10.98% of the issued ordinary share capital of Vitec.

 Jayne Milton

Assistant Company Secretary

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESⁱ

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:ii		The 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:iii	Aviva plc & its subsidiaries
	Registered Holder:
	BNY Norwich Union Nominees Limited		37,158*
	Chase (GA Group) Nominees Limited		155,762*
	Vidacos Nominees Limited		1,954*
4. Full name of shareholder(s) (if different from 3,):iv	*denotes direct interest Chase Nominees Limited		41,499
	Delta Lloyd Europees Deelnemingen Fonds		3,001,576
	Delta Lloyd Luxembourg European Participation Fund                                                                      1,451,805
	Vidacos Nominees Limited		12,683

5. Date of the transaction and date on which the threshold is crossed or reached:v	06 April 2010
6. Date on which issuer notified: 7. Threshold(s) that is/are crossed or reached:vi,vii	07 April 2010
	11% to 10% Change at Combined Interest Level

8. Notified details:
A: Voting rights	attached to sharesviii, ix
Class/type of shares	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
if possible using the ISIN CODE	Number of	Number of	Number of s hares	Number of voting rights		% of voting rights x
	Shares	Voting Rights	Direct	Directxi	Indirectxii	Direct	Indirect
Ordinary Shares GB0009296665	4,752,437	4,752,437	4,702,437	194,874	4,507,563	0.45%	10.53%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration datexii	Exercise/ Conversion Period xiv	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 datexvii	Exercise/ Conversion periodxvii	Number of voting rights instrument refers to	% of voting rights  xiv xx
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
4,702,437	10.98%

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

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)

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 42,817,848.
14. Contact name:	.   Diane Thirkettle
15. Contact telephone number:	01603 687803

 

END

 

 

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