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Holding(s) in Company

21st Jan 2011 14:47

RNS Number : 8997Z
The Vitec Group PLC
21 January 2011
 



 

 

 

21 January 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 Prudential plc group of companies has a notifiable interest in 3,972,851 ordinary shares of 20p each in Vitec, being 9.20% of the issued ordinary share capital of Vitec.
 
Jayne Milton
Deputy Company Secretary

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

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

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:

 

Prudential plc group of companies

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

 

See schedule below

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

 

20 January 2011

6. Date on which issuer notified:

 

21 January 2011

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

 

See item 13

 

8. Notified details:

A: Voting rights attached to shares

 

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

GB0009296665

3,913,348

3,913,348

3,972,851

3,972,851

9.20%

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financialinstrument

Expirationdate

Exercise/ConversionPeriod

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

 

% of votingrights

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financialinstrument

Exerciseprice

Expirationdate

Exercise/Conversionperiod

Number of votingrights instrumentrefers to

% of voting rights

 

Nominal

Delta

 

 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

3,972,851

9.20%

 

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

Prudential plc (parent Company)M&G Group Limited (wholly owned subsidiary of Prudential plc)

M&G Limited (wholly owned subsidiary of M&G Group Limited)

M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)

The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc) 

 

 

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:

 

The notifiable position has not crossed a notifiable threshold. The notifiable position of 9.20% is an exempt holding under section 5.1.2 of the FSA's DTR Handbook.

 

The trigger for this notification is the movement from 2.86% to 3.00% in the non-exempt holding , which makes up part of the 9.20% notifiable interest.

14. Contact name:

 

Ajay Patel / Mark Thomas

M&G Investment Management Limited

15. Contact telephone number:

 

020 7548 3261 / 020 7548 3266

 

Notifiable Position Report for
VITEC GROUP PLC
as at 20 January 2011
 
Percentage holdings are calculated using 43,152,334 Total Voting Rights
 

 
 
Registered Holder
 
Holding
VotingRights
%Voting Rights
 
 
 
 
 
 
 
 
 
Prudential plc
 
 
 
 
3,972,851
9.20
Total Notifiable
Interest
 
Holding Type:Direct
 
 
 
 
 
 
 
 
NORTRUST NOMINEE LTD A/C MHF01
 
8,961
8,961
 
 
 
 
NORTRUST NOMS LTD
 
1,476,992
1,476,992
 
 
 
 
NORTRUST NOMS LTD A/C MVA01
 
541,242
541,242
 
 
 
 
NORTRUST NOMS LTD A/C MVB01
 
323,774
323,774
 
 
 
 
NORTRUST NOMS LTD A/C PUC01
 
326,404
326,404
 
 
 
 
PRUCLT HSBC GIS NOM(UK) PAC AC
 
1,045,848
1,045,848
 
 
 
 
PRUCLT HSBC GIS NOM(UK) PPL AC
 
249,630
249,630
 
 
 
 
 
 
 
 
 
 
 
 
 
Sub Total:
3,972,851
3,972,851
 
 
 
 
 
 
 
 
 
 
M&G Group Limited
 
 
 
 
3,972,851
9.20
 
 
 
NORTRUST NOMINEE LTD A/C MHF01
 
8,961
8,961
 
 
 
 
NORTRUST NOMS LTD
 
1,476,992
1,476,992
 
 
 
 
NORTRUST NOMS LTD A/C MVA01
 
541,242
541,242
 
 
 
 
NORTRUST NOMS LTD A/C MVB01
 
323,774
323,774
 
 
 
 
NORTRUST NOMS LTD A/C PUC01
 
326,404
326,404
 
 
 
 
PRUCLT HSBC GIS NOM(UK) PAC AC
 
1,045,848
1,045,848
 
 
 
 
PRUCLT HSBC GIS NOM(UK) PPL AC
 
249,630
249,630
 
 
 
 
 
 
 
 
 
 
M&G Investment Management Limited
 
 
 
 
3,963,890
9.18
 
 
 
NORTRUST NOMS LTD
 
1,476,992
1,476,992
 
 
 
 
NORTRUST NOMS LTD A/C MVA01
 
541,242
541,242
 
 
 
 
NORTRUST NOMS LTD A/C MVB01
 
323,774
323,774
 
 
 
 
NORTRUST NOMS LTD A/C PUC01
 
326,404
326,404
 
 
 
 
PRUCLT HSBC GIS NOM(UK) PAC AC
 
1,045,848
1,045,848
 
 
 
 
PRUCLT HSBC GIS NOM(UK) PPL AC
 
249,630
249,630
 
 
 
 
 
 
 
 
 
 
M&G Limited
 
 
 
 
3,972,851
9.20
 
 
 
NORTRUST NOMINEE LTD A/C MHF01
 
8,961
8,961
 
 
 
 
NORTRUST NOMS LTD
 
1,476,992
1,476,992
 
 
 
 
NORTRUST NOMS LTD A/C MVA01
 
541,242
541,242
 
 
 
 
NORTRUST NOMS LTD A/C MVB01
 
323,774
323,774
 
 
 
 
NORTRUST NOMS LTD A/C PUC01
 
326,404
326,404
 
 
 
 
PRUCLT HSBC GIS NOM(UK) PAC AC
 
1,045,848
1,045,848
 
 
 
 
PRUCLT HSBC GIS NOM(UK) PPL AC
 
249,630
249,630
 
 
 
 
 
 
 
 
 
 
The Prudential Assurance Company Limited
 
 
 
 
1,295,478
3.00
 
 
 
PRUCLT HSBC GIS NOM(UK) PAC AC
 
1,045,848
1,045,848
 
 
 
 
PRUCLT HSBC GIS NOM(UK) PPL AC
 
249,630
249,630
 
 
 
 
 
 
 
 
 
 
 

 

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

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