Vislink plc
Holdings in Company
16 December 2008
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 12 December 2008 in accordance with the Disclosure and Transparency Rules that Legal & General Group Plc (L&G) has a notifiable interest in 5,471,563 ordinary shares of 2.5pence each in Vislink plc, being 3.9% of the issued ordinary share capital of Vislink. Details of the notification are given below.
James Trumper - Company Secretary
Telephone: 01488 685500
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 |
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2. |
Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
[ X] |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
[ ] |
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An event changing the breakdown of voting rights |
[ ] |
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Other (please specify): Transferred to External Fund Manager |
[ ] |
3. |
Full name of person(s) subject to the notification obligation : |
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Legal & General Group Plc (L&G) |
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4. |
Full name of shareholder(s) (if different from 3.) : |
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Legal & General Assurance (Pensions Management) Limited (PMC). |
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5. |
Date of the transaction (and date on which the threshold is crossed or reached if different) : |
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11 December 2008. |
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6. |
Date on which issuer notified: |
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12 December 2008. |
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7. |
Threshold(s) that is/are crossed or reached: |
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From 4% - 3% (L&G) |
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8. |
Notified details: |
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A. |
Voting rights attached to shares |
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Class/type of shares |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of Voting Rights |
% of voting rights |
|||
Direct |
Indirect |
Direct |
Indirect |
||||
Ord GBP 0.025 |
6,098,161 |
6,098,161 |
5,471,563 |
5,471,563 |
N/A |
3.94 |
N/A |
B. |
Financial Instruments |
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|||||
Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date |
Exercise/ Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted |
% of voting rights |
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n/a |
n/a |
n/a |
n/a |
n/a |
Total (A+B) |
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Number of voting rights |
% of voting rights |
5,471,563 |
3.94 |
9. |
Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): |
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Legal & General Group Plc (Direct and Indirect) (Group) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) Legal & General Investment Management Limited (Indirect) (LGIM) Legal & General Group Plc (Direct) (L&G) (5,471,563 - 3.94 % = LGAS, LGPL & PMC) Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (4,986,112 - 3.59 % = PMC) Legal & General Insurance Holdings Limited (Direct) (LGIH) Legal & General Assurance (Pensions Management) Limited (PMC) (4,986,112 - 3.59 % = PMC) Legal & General Assurance Society Limited (LGAS & LGPL) Legal & General Pensions Limited (Direct) (LGPL) |
Proxy Voting:
10. |
Name of the proxy holder: |
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N/A. |
11. |
Number of voting rights proxy holder will cease to hold: |
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N/A. |
12. |
Date on which proxy holder will cease to hold voting rights: |
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N/A. |
13. |
Additional information: |
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Notification using the total voting rights figure of 138,593,588. |
14. |
Contact name: |
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N/A. |
15. |
15. Contact telephone number: |
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N/A. |