Holding(s) in Company

RNS Number : 3249F

Vitec Group PLC (The)

06 March 2020

 

6 March 2020

The Vitec Group plc

Holdings in Company

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 Alantra EQMC Asset Management, SGIIC, S.A. has a notifiable interest in the voting rights of 8,243,163 ordinary shares of 20p each in Vitec, representing 18.08% of Vitec's issued ordinary share capital.

Jon Bolton

Group Company Secretary

020 8332 4600 

A snapshot of The Vitec Group plc

Vitec is a leading global provider of premium branded products and solutions to the fast changing and growing "image capture and content creation" market.

Vitec's customers include broadcasters, independent content creators, photographers and enterprises, and our activities comprise: design, manufacture and distribution of high performance products and solutions including camera supports, camera mounted electronic accessories, robotic camera systems, prompters, LED lights, mobile power, monitors, bags, motion control and noise reduction equipment.

We employ around 1,700 people across the world in 11 different countries and are organised in three Divisions: Imaging Solutions, Production Solutions and Creative Solutions.

The Vitec Group plc is listed on the London Stock Exchange with 2019 revenue of £376.1 million.

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

LEI number: 2138007H5DQ4X8YOCF14

TR-1: S tandard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i

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

The Vitec Group plc

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

x

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii: substitution of the investment manager of the Funds

3. Details of person subject to the notification obligation iv

Name

Alantra EQMC Asset Management, SGIIC, S.A.

City and country of registered office (if applicable)

Madrid, Spain

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

Name

EQMC Europe Development Capital Fund Plc & Mercer QIF Common Contractual Fund

City and country of registered office (if applicable)

5. Date on which the threshold was crossed or reached vi :

4 March 2020

6. Date on which issuer notified (DD/MM/YYYY):

6 March 2020

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuer vii

Resulting situation on the date on which threshold was crossed or reached

18.08%

0%

18.08%

45,599,475

Position of previous notification (if applicable)

17.19%

0%

17.19%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii

A: Voting rights attached to shares

Class/type of shares ISIN code (if possible)

Number of voting rights ix

% of voting rights

Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB0009296665

0

8,243,163

0

18.08%

SUBTOTAL 8. A

8,243,163

18.08 %

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration date x

Exercise/ Conversion Period xi

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

% of voting rights

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration date x

Exercise/ Conversion Period xi

Physical or cash settlement xii

Number of voting rights

% of voting rights

SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity xiv (please add additional rows as necessary)				x
Name xv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
EQMC EUROPE DEVELOPMENT CAPITAL FUND, PLC	15.32%	0%	6,983,916
MERCER QIF COMMON CONTRACTUAL FUND	2.76%	0%	1,259,247
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information xvi
ALANTRA EQMC ASSET MANAGEMENT SGIIC, S.A. is the investment manager of EQMC EUROPE DEVELOPMENT CAPITAL FUND, PLC ("EQMC") and the sub-investment manager of MERCER INVESTMENT FUND 2 (a sub-fund of MERCER QIF COMMON CONTRACTUAL FUND), together with EQMC the "Funds". ALANTRA EQMC as investment manager and sub-investment manager may exercise the voting rights of the shares of The Vitec Group plc held by the Funds.

Place of completion	Madrid
Date of completion	6 March 2020

 

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