11th Oct 2010 10:53
11 October 2010
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 Franklin Templeton Institutional LLC has a notifiable interest in 4,376,202 ordinary shares of 20p each in Vitec, being 10.2% of the issued ordinary share capital of Vitec.
Jon Bolton
Company Secretary
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
The Vitec Group Plc |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
X |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation:
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Franklin Templeton Institutional LLC |
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4. Full name of shareholder(s) (if different from 3.):
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JP Morgan Chase Bank London The Bank of NY Northern Trust Co. London Mellon Bank London |
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5. Date of the transaction and date on which the threshold is crossed or reached:
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October 7, 2010 |
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6. Date on which issuer notified:
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October 8, 2010 |
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7. Threshold(s) that is/are crossed or reached:
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10% |
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8. Notified details: |
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A: Voting rights attached to shares
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Class/type of shares if possible using the ISIN CODE |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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Ordinary GBP.02 |
2,178,223 |
2,178,223 |
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4,376,202 |
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10.20% |
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GB0009296665 |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction
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Type of financial instrument |
Expiration date |
Exercise/ Conversion Period |
Number of voting rights that may be acquired if the instrument is exercised/ converted.
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% of voting rights |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction
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Type of financial instrument |
Exercise price |
Expiration date |
Exercise/ Conversion period |
Number of voting rights instrument refers to |
% of voting rights
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Nominal |
Delta
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Total (A+B+C)
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Number of voting rights |
Percentage of voting rights |
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4,376,202 |
10.20% |
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
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Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will cease to hold:
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12. Date on which proxy holder will cease to hold voting rights:
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13. Additional information: |
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14. Contact name:
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Lori A. WeberAssistant Secretary, Franklin Resources, Inc. |
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15. Contact telephone number:
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954-847-2283 |
Related Shares:
VTC.L