VEG Vega Grp.

RNS Number:4779X
Vega Group PLC
30 May 2007


VEGA Group PLC
30 May 2007


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:

VEGA Group PLC


2. Reason for the notification (please tick 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):                                               (   )


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

     BlackRock, Inc.


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




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

29 May 2007


6.  Date on which issuer notified:

     30 May 2007


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

     Gone below 5%


8.  Notified details:


     A.    Voting Rights attached to shares


Class/type of shares if possible using the ISIN CODE       GB0009291500


Situation prior to the triggering transaction


Number of Shares                               Number of Voting Rights

1,633,005                                           1,633,005


Resulting situation after the triggering transaction


Number  of shares           Number of voting rights           % of voting rights
Direct                      Direct          Indirect          Direct        Indirect

N/A                         N/A             860,496           N/A           4.22%



B: Financial Instruments



Resulting situation after the triggering transaction



Type of financial        Expiration date     Exercise/Conversion     Number of voting         % of voting rights
Instrument                                   Period/Date             rights that may be
                                                                     acquired if the
                                                                     instrument is
                                                                     exercised/converted

Total (A+B)

Number of voting rights                        % of voting rights

860,496                                                4.22%



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

     BlackRock Investment Management (UK) Limited - 860,496 (4.22%)



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:



14.     Contact name:



Kenneth Blyth



15.     Contact telephone number:



01707 362650


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

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