Holding(s) in Company

RNS Number : 0740S

Vislink PLC

15 November 2011

 



Vislink plc

Holdings in Company

15 November 2011

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 14 November 2011 in accordance with the Disclosure and Transparency Rules that Hawk Investment Holdings Limited has a notifiable interest in 19,388,322 ordinary shares of 2.5pence each in Vislink plc, being 17.02% of the issued ordinary share capital of Vislink. Details of the notification are given below.

James Trumper - Company Secretary

Telephone:  [phone]

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): Transferred to External Fund Manager	[   ]
3.	Full name of person(s) subject to the notification obligation :
	Hawk Investment Holdings Limited
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) :
	11 November 2011.
6.	Date on which issuer notified:
	14 November 2011.
7.	Threshold(s) that is/are crossed or reached:
	17%
8.	Notified details:
A.	Voting rights attached to shares

Class/type of shares ( if possible using the ISIN CODE)	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares Direct	Number of Voting Rights		% of voting rights
				Direct	Indirect	Direct	Indirect
0148289 GB0001482891 Ord GBP 0.025	19,188,322	19,188,322	19,388,322			17.0219%	N/A

B.	Financial Instruments
Resulting situation after the triggering transaction
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
N/A		N/A	N/A	N/A	N/A

Total (A+B)
Number of voting rights	% of voting rights
19,388,322	17.0219%

9.	Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
	Hawk Investment Holdings Limited - 18,888,322 Hawk Pension Fund - 500,000

Proxy Voting:

10.	Name of the proxy holder:
	Hawk Investment Holdings Limited
11.	Number of voting rights proxy holder will cease to hold:
	N/A.
12.	Date on which proxy holder will cease to hold voting rights:
	N/A.
13.	Additional information:
	N/A
14.	Contact name:
	Shirley Morgan
15.	15. Contact telephone number:
	(44) 1481 724136

 

END

 

 

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