The Vitec Group PLC
23 February 2007
23 February 2007
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 23 February 2007 in accordance with the Disclosure and
Transparency Rules that Barclays PLC, through its legal entities listed in the
enclosed notification, has a notifiable interest in 2,910,894 ordinary shares
of 20p each in Vitec, being 7.05% of the issued ordinary share capital of Vitec.
Roland Peate
Company Secretary
LETTER TO: The Vitec Group PLC
DATED: 16 February 2007
Major Shareholding Notification
I hereby inform you that as at 15-February-07 Barclays PLC, through the legal
entities listed in the enclosed notification, held 7.05% of the total voting
rights attaching to shares in your Company.
Full details of our interest are set out in the attached notification.
As you will be aware, following the implementation of the Transparency Directive
in the UK, the requirements for the notification of major shareholdings have
changed. The obligation to notify is now based upon control over the exercise
of voting rights attached to shares and financial instruments rather than
'interests in shares'. Additionally we now have the opportunity to disaggregate
certain holdings held for the benefit of clients from our notification.
The result of these changes is that the interest set out in this notification
may be inconsistent with previous disclosures made to you but will be the basis
of notifications going forward.
LETTER FROM : Geoff Smith
Barclays PLC
TR-1: NOTIFICATION 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
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 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 the notification obligation:
Barclays PLC
4. Full name of shareholder(s) (if different from 3.):
Barclays Bank PLC
Barclays Capital Securities Ltd
Barclays Global Investors Ltd
Barclays Life Assurance Co Ltd
Barclays Stockbrokers Ltd
Gerrard Ltd
5. Date of the transaction and date on which the threshold is crossed or reached
if different):
15-Feb-07
6. Date on which issuer notified:
16-Feb-07
7. Threshold(s) that is/are crossed or reached:
6% to 7%
8. Notified details:
.................
A: Voting rights attached to shares
Class/type of shares Situation previous to
if possible using the the Triggering
ISIN CODE transaction
Number of shares Number of voting Rights
GB0009296665 2,617,774 2,617,774
Resulting situation after the triggering transaction
Class/type of shares Number of shares Number of voting rights % of voting rights
if possible using
the ISIN CODE
Direct Direct Indirect Direct Indirect
2,910,894 2,910,894 7.05
B: Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Date Exercise/Conversion Number of voting % of voting
financial Period/ Date rights that may be rights
instrument acquired if the
instrument is
exercised/
converted.
Total (A+B)
Number of voting rights % of voting rights
2,910,894 7.05
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
Barclays Bank PLC
Barclays Capital Securities Ltd
Barclays Global Investors Ltd
Barclays Life Assurance Co Ltd
Barclays Stockbrokers Ltd
Gerrard Ltd
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:
.................
15. Contact telephone number:
.................
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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