The Vitec Group PLC Holding(s) in Company (8383B)
06 April 2017 - 11:50PM
UK Regulatory
TIDMVTC
RNS Number : 8383B
The Vitec Group PLC
06 April 2017
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 April 2017
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 Aberforth Partners LLP has a
notifiable interest in 5,226,033 ordinary shares of 20p each in
Vitec, being 11.68% of the issued ordinary share capital of
Vitec.
Jon Bolton
Group Company Secretary
A Snapshot of The Vitec Group
Vitec is a leading global provider of premium branded products
and services to the fast changing and growing "image capture and
sharing" market.
Vitec's customers include broadcasters, independent content
creators, photographers and enterprises, and our activities
comprise: design, manufacture and distribution of high performance
products and software including camera supports, wireless systems,
robotic camera systems, prompters, LED lights, mobile power,
monitors and bags; and premium services including technical
solutions, systems integration and equipment rental for TV
production teams, film crews and enterprises.
We employ around 1,700 people across the world in ten different
countries and are organised in two Divisions: Broadcast and
Photographic.
The Vitec Group plc is listed on the London Stock Exchange with
2016 revenue of GBP376.2 million.
More information can be found at: www.vitecgroup.com.
LEI number: 2138007H5DQ4X8YOCF14
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or The Vitec Group plc
the underlying 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) Aberforth Partners LLP
subject to the
notification obligation:
(iii)
--------------------------------------------------- -----------------------------------------------------------------
4. Full name of shareholder(s) Shareholder:
(if different from 3.):(iv) ------------------
Nortrust Nominees
Ltd
------------------
--------------------------------------------------- -----------------------------------------------------------------
5. Date of the transaction 6 April 2017
and date on
which the threshold is
crossed or
reached: (v)
--------------------------------------------------- -----------------------------------------------------------------
6. Date on which issuer 6 April 2017
notified:
--------------------------------------------------- -----------------------------------------------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 12%
--------------------------------------------------- -----------------------------------------------------------------
8. Notified details:
------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
------------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares transaction
if possible
using
the ISIN
CODE
------------- ---------------------------------- ---------------------------------------------------------------------
Number Number Number Number of % of voting
of of of shares voting rights (x)
Shares Voting rights
Rights
------------- ----------------- --------------- --------------- --------------------- -----------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- ----------- ----------- --------------- --------- ---------- ------------ ---------------
Ordinary
shares 5,426,833 5,426,833 5,226,033 N/A 5,226,033 N/A 11.68
----------------- --------------- --------------- --------- ---------- ------------ ---------------
GB0009296665
------------- ----------- ----------- ----------- --------- ---------- ---------- ---------
B: Qualifying Financial Instruments
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that rights
(xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
------------------- ------------- ------------------------------ ----------------------- ---------------------------
N/A N/A N/A N/A N/A
------------------- ------------- ------------------------------ ----------------------- ---------------------------
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
financial price date Conversion rights instrument rights (xix,
instrument (xvii) period refers to xx)
(xviii)
--------------- --------------- ------------- ----------------- ----------------------- ---------------------------
N/A N/A N/A N/A N/A Nominal Delta
--------------- --------------- ------------- ----------------- ----------------------- ------------ -------------
N/A N/A
------------- ----------- ----------- ----------- --------- ---------- ------------ -------------
Total (A+B+C)
------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
----------------------------------------------------- -----------------------------------------------------------------
5,226,033 11.68
----------------------------------------------------- -----------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
-----------------------------------------------------------------------------------
Held by Aberforth Partners LLP
Proxy Voting:
-----------------------------------------------------------------------------------
10. Name of the proxy holder: N/A
------------------------------------------------------- --------------------------
11. Number of voting rights proxy N/A
holder will cease
to hold:
------------------------------------------------------- --------------------------
12. Date on which proxy holder will N/A
cease to hold
voting rights:
------------------------------------------------------- --------------------------
13. Additional information:
------------------------------------------------------- --------------------------
14. Contact name: Pauline Robson, Aberforth
Partners LLP
------------------------------------------------------- --------------------------
15. Contact telephone number: 0131 220 0733
------------------------------------------------------- --------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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