Source - RNS
RNS Number : 8696J
The Vitec Group PLC
14 September 2016
 

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.

 

 

 

14 September 2016

 

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 Delta Lloyd NV and its Group of Companies has a notifiable interest in 3,080,548 ordinary shares of 20p each in Vitec, being 6.92% 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 2015 revenue of £317.8 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 for photographic and video cameras 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 SHARESi



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

The Vitec Group plc

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 to the
notification obligation:
iii

Delta Lloyd N.V. and its Group of Companies

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

Registered Holder:



Delta Lloyd Europees Deelnemingen Fonds N.V.

2,281,548

Delta Lloyd L European Participation Fund Sicav

799,000

 

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

13 September 2016

6. Date on which issuer notified:

14 September 2016

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

7% at Combined Interest Level

 

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the 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

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary shares

3,170,548

3,170,548

3,080,548

NIHIL

3,080,548

NIHIL

6.92%

GB0009296665

 


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights







C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

3,080,548

6.92%



 

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

 

The voting rights held in the 2 investment funds are managed and controlled by Delta Lloyd Asset Management N.V., with the following chain of controlled undertakings:

 

Delta Lloyd Asset Management N.V.:

·      Delta Lloyd N.V.

·      DLAM Holding B.V. (wholly owned subsidiary of Delta Lloyd N.V.)

·      Delta Lloyd Asset Management N.V. (wholly owned subsidiary of DLAM Holding B.V.)


Proxy Voting:

10. Name of the proxy holder:

See section 4

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:

Figures are based on a total number of voting rights of 44,536,863 (on 14 September 2016)

14. Contact name:

Delta Lloyd Asset Management,

Mr. K. Cimmermans, Legal Officer

15. Contact telephone number:

+31 (0)20 594 34 97

 

 


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