Holding(s) in Company

RNS Number : 1885I

The Vitec Group PLC

05 March 2010

 



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 the attached notice in accordance with the Disclosure and Transparency Rules that Prudential plc group of companies has a notifiable interest in 3,997,892 ordinary shares of 20p each in Vitec, being 9.33% of the issued ordinary share capital of Vitec.

Jon Bolton

Group Company Secretary

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

Vitec Group 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 qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):

3. Full name of person(s) subject to the notification obligation:	Prudential plc group of companies
4. Full name of shareholder(s) (if different from 3.):	See attached schedule
5. Date of the transaction and date on which the threshold is crossed or reached:	04 March 2010
6. Date on which issuer notified:	05 March 2010
7. Threshold(s) that is/are crossed or reached:	See item 13

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	Number of voting rights		% of  voting rights
			Direct	Direct	Indirect	Direct	Indirect
GB0009296665	4,014,627	4,014,627	3,997,892	3,997,892		9.33%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/ Conversion period	Number of voting rights instrument refers to	% of voting rights
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
3,997,892	9.33%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Prudential plc (parent Company) M&G Group Limited (wholly owned subsidiary of Prudential plc) M&G Limited (wholly owned subsidiary of M&G Group Limited) M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)

Proxy Voting:
10. Name of the proxy holder:	N/A
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:	The notifiable position has not crossed a notifiable threshold.  The notifiable position of 9.33% is an exempt holding under section 5.1.2 of the FSA's DTR Handbook The trigger for this notification is the movement from 3.02% to 2.98% in the non-exempt holding, which makes up part of the 9.33% notifiable interest.
14. Contact name:	Dipesh Varsani / Mark Thomas M&G Investment Management Limited
15. Contact telephone number:	020 7548 3261 / 020 7548 3266

 

Notifiable Position Report for

VITEC GROUP

As at 04 March 2010

Percentage holdings are calculated using 42,816,322 Total Voting Rights

 

	Registered  Holder	Holding	Voting  Rights	% Voting Rights
Prudential  plc			3,997,892	9.33	Total Notifiable Interest
	PRUCLT  HSBC  GIS  NOM(UK)  PPL  AC	200,192	200,192
	NORTRUST  NOMS  LTD	1,440,103	1,440,103
	NORTRUST  NOMS  LTD  A/C  PUC01	306,423	306,423
	PRUCLT  HSBC  GIS  NOM(UK)  PAC  AC	1,076,476	1,076,476
	NORTRUST  NOMS  LTD  A/C  MVB01	424,495	424,495
	NORTRUST  NOMINEE  LTD  A/C  MHF01	8,961	8,961
	NORTRUST  NOMINEE  LTD  A/C  MVA01	541,242	541,242
M&G  Group  Limited			3,997,892	9.33
	PRUCLT  HSBC  GIS  NOM(UK)  PPL  AC	200,192	200,192
	NORTRUST  NOMS  LTD	1,440,103	1,440,103
	NORTRUST  NOMS  LTD  A/C  PUC01	306,423	306,423
	PRUCLT  HSBC  GIS  NOM(UK)  PAC  AC	1,076,476	1,076,476
	NORTRUST  NOMS  LTD  A/C  MVB01	424,495	424,495
	NORTRUST  NOMINEE  LTD  A/C  MHF01	8,961	8,961
	NORTRUST  NOMINEE  LTD  A/C  MVA01	541,242	541,242
M& Investment Management Limited			3,988,931	9.31
	PRUCLT  HSBC  GIS  NOM(UK)  PPL  AC	200,192	200,192
	NORTRUST  NOMS  LTD	1,440,103	1,440,103
	NORTRUST  NOMS  LTD  A/C  PUC01	306,423	306,423
	PRUCLT  HSBC  GIS  NOM(UK)  PAC  AC	1,076,476	1,076,476
	NORTRUST  NOMS  LTD  A/C  MVB01	424,495	424,495
	NORTRUST  NOMINEE  LTD  A/C  MVA01	541,242	541,242
M&G Limited			3,997,892	9.33
	PRUCLT  HSBC  GIS  NOM(UK)  PPL  AC	200,192	200,192
	NORTRUST  NOMS  LTD	1,440,103	1,440,103
	NORTRUST  NOMS  LTD  A/C  PUC01	306,423	306,423
	PRUCLT  HSBC  GIS  NOM(UK)  PAC  AC	1,076,476	1,076,476
	NORTRUST  NOMS  LTD  A/C  MVB01	424,495	424,495
	NORTRUST  NOMINEE  LTD  A/C  MHF01	8,961	8,961
	NORTRUST  NOMINEE  LTD  A/C  MVA01	541,242	541,242

 

 

END

 

 

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