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The Vitec Group PLC (VTC)

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Thursday 29 December, 2011

The Vitec Group PLC

Holding(s) in Company

RNS Number : 7348U
The Vitec Group PLC
29 December 2011
 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

 

29 December 2011

 

 

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 Harris Associates L.P. has a notifiable interest in 4,363,956 ordinary shares of 20p each in Vitec, being 10.09% of the issued ordinary share capital of Vitec.

 

 

Jon Bolton

Company Secretary

 

A Snapshot of The Vitec Group

 

Vitec is an international Group principally serving customers in the broadcast, photographic and military, aerospace and government (MAG) markets. Listed on the London Stock Exchange with 2010 revenue of £310 million, Vitec is based on strong, well known, premium brands on which its customers worldwide rely.  Vitec is organised in three divisions:  Imaging & Staging, Videocom and Services.

 

Imaging & Staging designs, manufactures and distributes equipment and accessories for photography, video and events.

 

Videocom designs and distributes systems and products used in broadcasting and live entertainment, film and video production and MAG.

 

Services provides equipment rental, workflow design and technical support for camera, video, audio, fibre optic and wireless technology used by TV production teams and film crews.

 

More information can be found at: www.vitecgroup.com.

 

 

 

 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:

VITEC GROUP

2. Reason for the notification  (yes/no)

An acquisition or disposal of voting rights

Yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

No

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

No

An event changing the breakdown of voting rights

No

Other (please specify): ______________

No

3. Full name of person(s) subject to notification obligation:

Harris Associates L.P.

4. Full name of shareholder(s)  (if different from 3):

BNY Mellon

JPMorgan Chase

Northern Trust Company

State Street Bank

Unknown

5. Date of transaction  (and date on which the threshold is crossed or reached if different):

22 December 2011

6. Date on which issuer notified:

23 December 2011

7. Threshold(s) that is/are crossed or reached:

10%

 

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

GB0009296665 Common Stock

4,285,525

4,285,525

4,363,956


4,363,956


10.09%










B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period

No. of voting rights that may be acquired (if the instrument is exercised/converted)

Percentage 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

No. of voting rights instrument refers to

Percentage of voting rights

Nominal

Delta









Total (A+B+C)

Number of voting rights

Percentage of voting rights

4,363,956

10.09%

 

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

BNY Mellon - 580,500 Common Stock shares

JPMorgan Chase - 235,799 Common Stock shares

Northern Trust Company - 155,700 Common Stock shares

State Street Bank - 3,321,157 Common Stock shares

Unknown - 70,800 Common Stock shares

 


Proxy Voting:

10. Name of the proxy holder:


11. Number of voting rights proxy holder will cease to hold:


12. Date on which proxy holder will cease to hold voting rights:



13. Additional information:


14. Contact name:

Sarah E. Grimm

15. Contact telephone number:

312-621-0628

 

Annex: Notification of major interests in shares


A: Identity of the person or legal entity subject to the notification obligation

Full name

(including legal form for legal entities)

Harris Associates L.P.

Contact address

(including legal form for legal entities)

Two North LaSalle Street, Suite 500, Chicago, IL 60602-3790 USA

Phone number & email

312-621-0628  sgrimm@harrisassoc.com

Other useful information

(at least legal representative for legal persons)



B: Identity of the notifier, if applicable

Full name

Sarah E. Grimm

Contact address

Two North LaSalle Street, Suite 500, Chicago, IL 60602-3790 USA

Phone number & email

312-621-0628  sgrimm@harrisassoc.com

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)



C: Additional information


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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