TIDMVTC

RNS Number : 3607V

The Vitec Group PLC

06 August 2015

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.

6 August 2015

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 Royal London Asset Management Limited has a notifiable interest in 2,219,186 ordinary shares of 20p each in Vitec, being 5.0041% of the issued ordinary share capital of Vitec.

Jon Bolton

Group Company Secretary

A Snapshot of The Vitec Group

Vitec is a global provider of premium branded products and services to the Broadcast and Photographic markets. Vitec is listed on the London Stock Exchange with 2014 revenue of GBP309.6 million.

The Group is organised in two Divisions:

The Broadcast Division designs, manufactures and distributes premium branded products for broadcasting, film and video production for broadcasters and independent content creators. It also provides premium services including equipment rental and technical solutions to TV production teams and film crews.

The Photographic Division designs, manufactures and distributes premium branded equipment and provides dedicated solutions to professional and non-professional image takers.

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

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying            Vitec Group Ord Gbp0.50 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
-----------------------------------------------------  ------------------------------------------------- 
 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           Royal London Asset Management Limited 
  to the 
  notification obligation: (iii) 
------------------------------------------  ------------------------------------------------------------ 
 4. Full name of shareholder(s)                         Registered Shareholder           Nominal       % 
  (if different from 3.):(iv)                                               HSBC Global Custody Nominees 
                                                      (UK) Ltd                       2,219,186   5.0041% 
------------------------------------------  ------------------------------------------------------------ 
 5. Date of the transaction and date         05/08/15 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ------------------------------------------------------------ 
 6. Date on which issuer notified:           06/08/15 
------------------------------------------  ------------------------------------------------------------ 
 7. Threshold(s) that is/are crossed         Above 5% 
  or 
  reached: (vi, vii) 
------------------------------------------  ------------------------------------------------------------ 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                   Resulting situation after the triggering 
 of              to the triggering                    transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  -----------------------------------  ---------------------------------------------------------------------- 
                Number           Number              Number        Number of voting          % of voting rights 
                 of               of                  of shares     rights                    (x) 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  ------------------  ------------  ------------------------  ------------------------------ 
                                                     Direct        Direct         Indirect   Direct          Indirect 
                                                                    (xi)           (xii) 
-------------    ----  -------  ------  -----  ---  ------------  -------------  ---------  --------------  -------------- 
 GB0009296665   2,214,186        2,214,186           2,219,186     2,219,186      n/a        5.0041%         n/a 
               ---------------  ------------------  ------------  -------------  ---------  --------------  -------------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial      Expiration       Exercise/                       Number of voting              % of voting 
  instrument             date (xiii)      Conversion Period               rights that may               rights 
                                          (xiv)                           be 
                                                                          acquired if the 
                                                                          instrument is 
                                                                          exercised/ converted. 
---------------------  ---------------  ------------------------------  ----------------------------  -------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise       Expiration     Exercise/          Number of voting               % of voting rights 
 financial         price          date (xvii)    Conversion         rights instrument              (xix, xx) 
 instrument                                      period             refers to 
                                                 (xviii) 
---------------  -------------  -------------  -----------------  -----------------------------  ------------------------- 
                                                                                                  Nominal       Delta 
---------------  -------------  -------------  -----------------  -----------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  ---------------------------------------------------------- 
 2,219,186                                                       5.0041% 
--------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
-------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                        N/A 
---------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will        N/A 
  cease 
  to hold: 
---------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to         N/A 
  hold 
  voting rights: 
---------------------------------------------------  --------------------------- 
 
 
  13. Additional information: 
----------------------------------------  -------------------------------------- 
 14. Contact name:                         Antoinette Irvine 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:             020 7506 6764 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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