Vislink PLC
29 June 2007
Vislink plc
Holdings in Company
29 June 2007
In conformity with the Transparency Directive Vislink plc ('Vislink') is
required to announce to the market the receipt of notifications of major
interests in shares.
Vislink received notice on 28 June 2007 in accordance with the Disclosure and
Transparency Rules that BT Pension Scheme Trustees Limited has a notifiable
interest in 10,952,857 ordinary shares of 2.5pence each in Vislink plc, being
7.911% of the issued ordinary share capital of Vislink. Details of the
notification are given below.
James Trumper - Company Secretary
Telephone: 01488 687500
FINANCIAL SERVICES AUTHORITY
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 :
Vislink 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 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 :
BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme. See
section 9 for further information.
4. Full name of shareholder(s) (if different from 3.) :
N/A
5. Date of the transaction (and date on which the threshold is crossed or
reached if different) :
27 June 2007
6. Date on which issuer notified:
28 June 2006
7. Threshold(s) that is/are crossed or reached:
7%
8. Notified details:
A: Voting rights attached to shares
Class/type Situation previous to the Resulting situation after the triggering transaction
of shares triggering transaction
( if
possible Number of Number of Number of Number of Voting Rights % of voting
using the Shares Voting shares rights
ISIN CODE) Rights
Direct
Direct Indirect Direct Indirect
GB0001482891 8,352,857 8,352,857 4,162,850 4,162,850 6,790,007 3.007% 4.904%
B: Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Exercise/ Number of voting rights that may % of
financial date Conversion be acquired if the instrument is voting
instrument Period/ Date exercised/ converted rights
n/a n/a n/a n/a n/a
Total (A+B)
Number of voting rights % of voting rights
10,952,857 7.911%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):
BT Pension Scheme Trustees Limited is the parent undertaking of Britel Fund
Trustees Limited, which is the parent undertaking of Hermes Pensions Management
Limited. Hermes Pensions Management Limited is the parent undertaking of:
Hermes Investment Management Limited (voting rights held in this issuer: 7.911%)
Proxy Voting:
10. Name of the proxy holder: see section 13
11. Number of voting rights proxy holder will cease to hold: see section 13
12. Date on which proxy holder will cease to hold voting rights: see section 13
13. Additional information: Hermes Investment Management Limited hold the voting
rights under a standing proxy contained in investment management agreements with
various underlying clients, which includes all the shares owned directly by BT
Pension Scheme.
All voting rights held on behalf of the above entities are aggregated for the
purposes of DTR 5.2.1(a) and disclosed pursuant to DTR 5.1.5.
This disclosure is made by BT Pension Scheme Trustees Limited, which is the
ultimate parent undertaking for the purpose of DTR 5.2.1(e).
14. Contact name: n/a
15. Contact telephone number: n/a
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.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.