20th Apr 2009 17:09
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
VT GROUP plc
2. Reason for the notification : ( )
An acquisition or disposal of voting rights: ( X )
3. Full name of person(s) subject to the notification obligation :
Lloyds Banking Group Plc
4. Full name of shareholder(s) (if different from 3.) :
See section 9
5. Date of the transaction (and date on which the threshold is crossed or reached if different) :
16 April 2009
6. Date on which issuer notified:
17 April 2009
7. Threshold(s) that is/are crossed or reached:
Decrease to below 8% Direct/Indirect
8. Notified details:
A: Voting rights attached to shares
|
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
|
|
GB0031729733 |
Number of shares14,046,232 |
Number of voting Rights 14,046,232 |
Resulting situation after the triggering transaction
|
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
|
GB0031729733 |
309,660 |
Direct 309,660 |
Indirect 13,700,040 |
Direct0.18%
|
Indirect7.81% |
B: Financial Instruments
Resulting situation after the triggering transaction
|
Type of financial instrument |
Expiration Date |
Exercise/Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|
n/a |
|
Total (A+B) 14,009,700 |
% of voting rights7.98% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
12,115,675 Shares (6.90%) are held by State Street Nominees Ltd. Shares are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Indirect Interests).
1,710,568 shares (0.97%) are under the control of Insight Investment Management (Global) Limited, a wholly owned subsidiary of Insight Investment Management Limited, a wholly owned subsidiary of HBOS Insurance & Investment Group Limited, a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc (Indirect Interests).
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:
Notification using the total voting rights figure of 175,489,289
14. Contact name:
Adrian Powell, Deputy Company Secretary, VT Group plc
15. Contact telephone number:
01489 775253
Related Shares:
Lloyds