Holding(s) in Company

RNS Number : 4736A

The Vitec Group PLC

19 February 2014

 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

19 February 2014

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 Standard Life Investments Ltd has a notifiable interest in 2,156,538 ordinary shares of 20p each in Vitec, being 4.894% of the issued ordinary share capital of Vitec.

Jon Bolton

Group Company Secretary

A Snapshot of The Vitec Group

Vitec is an international Group principally serving customers in the Broadcast & Video, Photographic and Military, Aerospace and Government (MAG) markets. Listed on the London Stock Exchange with 2012 revenue of £345.3 million, Vitec is based on strong, well known, premium brands on which its customers worldwide rely. Vitec is organised in three Divisions: Videocom, Imaging and Services.

Videocom designs and distributes systems and products used in broadcasting and live entertainment, film and video production and MAG.

Imaging designs, manufactures and distributes equipment and accessories for photography and video.

Services provides equipment rental, workflow design and technical support to TV production teams and film crews.

More information can be found at: www.vitecgroup.com.

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:

Vitec Group PLC/The

2:    Reason for notification (yes/no)
An acquisition or disposal of voting rights		yes
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached		no
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments		no
An event changing the breakdown of voting rights		no
Other (please specify):		no

3. Full name of person(s) subject to the notification                         obligation:	Standard Life Investments Ltd
4. Full name of shareholder(s) (if different from 3.):	Vidacos Nominees
5. Date of the transaction (and date on which the threshold        is crossed or reached):	18 February 2014
6. Date on which issuer notified:	19 February 2014
7. Threshold(s) that is/are crossed or reached:	5%

8:    Notified Details
A:    Voting rights attached to shares
Class/type of share  If possible use ISIN code		GB0009296665
Situation previous to the triggering transaction
Number of shares		Number of voting rights
2,213,664		2,231,664
Resulting situation after the triggering transaction
Number of shares	Number of voting rights		Percentage of voting rights
	Direct	Indirect	Direct	Indirect
2,156,538	156,538	2,000,000	0.355%	4.539%

B:   Qualifying 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

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
2,156,538	4.894%

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

Proxy Voting:
10. Name of the proxy holder:
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:
14. Contact name:	[e-mail] Standard Life Investments Ltd
15. Contact telephone number:	[phone]

 

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