13th May 2010 10:51
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 )
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify) : ( )
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):
10/05/2010
6. Date on which issuer notified:
11/05/2010
7. Threshold(s) that is/are crossed or reached:
Direct/Indirect holdings reduced to below 5%
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 shares 10,621,245 |
Number of voting Rights 10,621,245 |
|
|
|
|
Resulting situation after the triggering transaction
|
Class/type of shares if possible using the ISIN CODE |
Number of shares Direct |
Number of voting rights |
% of voting rights |
||
|
GB0031729733 |
762,843 |
Direct 762,843 |
Indirect8,069,555 |
Direct 0.421%
|
Indirect 4.459% |
|
|
|
|
|
|
|
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 |
|
|
|
|
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
|
Type of financial instrument |
Exercise Price |
Expiration date |
Exercise/ Conversion Period |
Number of voting rights instrument refers to
|
% of voting rights |
|
N/A |
|
|
|
|
|
|
Total (A+B)
8,832,398 |
% of voting rights 4.881% |
|
|
|
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
8,738,454 shares (4.829%) 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).
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:
14. Contact name:
Adrian Powell, Deputy Company Secretary
15. Contact telephone number:
01489 775253
Related Shares:
Lloyds