3rd Feb 2010 16:25
The Vitec Group plc
NOTIFICATION OF MAJOR INTEREST 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 Aviva plc & its subsidiaries has a notifiable interest in 4,400,483 ordinary shares of 20p each in Vitec, being 10.28% of the issued ordinary share capital of Vitec.
Jon Bolton
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:
|
Aviva plc & its subsidiaries |
4. Full name of shareholder(s) (if different from 3.):
|
Registered Holder;
BNY Norwich Union Nominees Limited 37,158*
Chase(GA Group)Nominees Limited 55,762*
*denotes direct interest
Chase Nominees Limited 41,499
Delta Lloyd Europees Deelnemingen Fonds 3,001,576
Delta Lloyd Luxembourg European Participation Fund 1,151,805
Vidacos Nominees Limited 12,683 |
5. Date of the transaction and date on which the threshold is crossed or reached:
|
02 February 2010 |
6. Date on which issuer notified:
|
03 February 2010 |
7. Threshold(s) that is/are crossed or reached:
|
|
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 |
Resulting situation after the triggering transaction |
|||||
Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
|||
Direct |
Direct |
Indirect |
Direct |
Indirect |
|||
Ordinary Shares |
2,139,882 |
2,139,882 |
4,400,483 |
192,920 |
4,207,563 |
0.45% |
9.83% |
B0009296665 |
B: Qualifying Financial Instruments |
||||
Resulting situation after the triggering transaction
|
||||
Type of financial instrument |
Expiration date |
Exercise/ Conversion Period |
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 |
||||||
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
|
|
|
|
|
|
|
Nominal |
Delta
|
|
|
Total (A+B+C)
|
|
Number of voting rights |
Percentage of voting rights |
4,400,483 |
10.28% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
The voting rights are managed and controlled by Aviva Investors Global Services Limited and Delta Lloyd Asset Management NV, with the following chain of controlled undertakings:-
Aviva Investors Global Services Limited; Aviva plc (Parent Company) Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc) Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group Holdings Limited) Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva Investors Holdings Limited)Delta Lloyd Asset Management NV: Aviva plc (Parent Company) Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc) Aviva International Insurance Limited (wholly owned subsidiary of Aviva Group Holdings Limited) Aviva Insurance Limited (wholly owned subsidiary of Aviva International Insurance Limited) Aviva International Holdings Limited (wholly owned subsidiary of Aviva Insurance Limited) CGU International Holdings BV (wholly owned subsidiary of Aviva International Holdings Limited) Delta Lloyd NV (majority owned subsidiary of CGU International Holdings BV) Delta Lloyd Asset Management NV (wholly owned subsidiary of Delta Lloyd NV)
|
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 42,813,119 |
14. Contact name:
|
Neil Whittaker |
15. Contact telephone number:
|
01603 684420 |
Related Shares:
VTC.LAviva