Holding(s) in Company

RNS Number : 5443P

Vislink PLC

25 October 2012

 



Vislink plc

Holdings in Company

25 October 2012

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 23 October 2012 in accordance with the Disclosure and Transparency Rules that Hermes Equity Ownership Services Limited has a notifiable interest in 7,787,195 ordinary shares of 2.5pence each in Vislink plc, being 6.84% of the issued ordinary share capital of Vislink. Details of the notification are given below.

Ian Davies  - 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 :
	Hermes Equity Ownership Services Limited
4.	Full name of shareholder(s) (if different from 3.) :
	Shares are held by the relevant custodian(s).
5.	Date of the transaction (and date on which the threshold is crossed or reached if different) :
	22 October 2012
6.	Date on which issuer notified:
	23 October 2012
7.	Threshold(s) that is/are crossed or reached:
	7% to 6%
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	7,987,195	7,987,195			7,787,195		6.83675%

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
7,787,195	6.83675%

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, as trustee of the BT Pension Scheme ("BTPS") controls Britel Fund Trustees Limited, which is the parent undertaking of Hermes Fund Managers Limited ("HFML").  HFML is the parent undertaking of :- Hermes Equity Ownership Services Limited ("HEOS") (voting rights:  6.83675%)* * This notification is being made in respect of HEOS, which is an indirect holder of shares for the purpose of DTR 5.2.1(h) as a result of control of voting rights in relation to such shares.

Proxy Voting:

10.	Name of the proxy holder:
	See section 9.
11.	Number of voting rights proxy holder will cease to hold:
	See section 9.
12.	Date on which proxy holder will cease to hold voting rights:
	See section 9.
13.	Additional information:
	N/A
14.	Contact name:
	James Sherry
15.	15. Contact telephone number:
	020 7702 6110

 

END

 

 

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