Holding(s) in Company

RNS Number : 9172F

The Vitec Group PLC

15 October 2008

 

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 notice on 22 September 2008 in accordance with the Disclosure and Transparency Rules that Aberforth Partners LLP (“Aberforth”) has a notifiable interest in the voting rights of 2,095,969 ordinary shares of 20p each in Vitec, being 4.97% of the issued ordinary share capital of Vitec.

 

In addition, Aberforth is interested in a further 353,974 shares, although they do not have access to the voting rights of those shares.

 

ROLAND PEATE

COMPANY SECRETARY

 

 

 

Letter to the Vitec Group PLC dated 15 October 2008

 

DISCLOSURE RULES AND TRANSPARENCY RULES SOURCEBOOK

Disclosure of Interest in the Voting Rights of Shares

 

 

Please find attached Form TR-1 which discloses Aberforth Partners LLP’s interest in 2,095,969 of the voting shares of Vitec Group (The) PLC as required under the Disclosure Rules and Transparency Rules Sourcebook of the FSA Handbook.

 

In addition, Aberforth Partners LLP is interested in a further 353,974 shares although we do not have access to the voting rights of these shares. Aberforth Partners LLP is, therefore, interested in a total of 2,449,943 shares of the above company. This interest arises as a result of the discretionary investment management powers that we can exercise over the funds of our clients.  Aberforth Partners LLP is not the beneficial owner of these shares.

 

From:  David Holland
            for Aberforth Partners LLP

TR-1: Notifications of Major Interests in Shares

 

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

VITEC GROUP (THE) PLC

 

2. Reason for notification (yes/no)
An acquisition or disposal of voting rights	YES
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 notification obligation:	ABERFORTH PARTNERS LLP
4. Full name of shareholder(s) (if different from 3):	Shareholder                                           Shares 1. Aberforth Smaller Companies     Trust plc                                     1,150,300 2. Aberforth UK Small     Companies Fund                            560,869 3. The Church Commissioners    for England                                      183,300 4. Aberforth Geared Capital &    Income Trust plc                              201,500 1,2,4 = registered in the name of Nortrust Nominees Ltd  A/c Aberfrth, 3 = The Church Commissioners for England (Chase GIS) Nominees Ltd
5. Date of transaction (and date on which the threshold is crossed or reached if different):	14/10/2008
6. Date on which issuer notified:	15/10/2008
7. Threshold(s) that is/are crossed or reached:	5%

 

 

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use 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		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
Ordinary GB0009296666	2,110,969	2,110,969	2,095,969	N/A	2,095,969	N/A	4.97

 

 

 

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights
N/A	N/A	N/A	N/A	N/A

 

 

Total (A+B)
Number of voting rights	Percentage of voting rights
2,095,969	4.97

 

 

 

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

Held by Aberforth Partners LLP

 

Proxy Voting:
10. Name of 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:	N/A
14 Contact name:	Pauline Robson, Aberforth Partners LLP
15. Contact telephone number:	0131 220 0733

 

For notes on how to complete form TR-1 please see the FSA website.

 

END

 

 

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