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Holding(s) in Company

10 Apr 2017 16:09

RNS Number : 1076C
The Vitec Group PLC
10 April 2017
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

 

 

 

10 April 2017

 

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 NN Group N.V. has a notifiable interest in 2,700,000 ordinary shares of 20p each in Vitec representing 6.03% of Vitec's issued ordinary share capital and voting rights. This follows NN Group N.V.'s recommended cash offer for Delta Lloyd N.V. which was declared unconditional on 7 April 2017.

 

Jon Bolton

Group Company Secretary

 

 

 

A Snapshot of The Vitec Group 

Vitec is a leading global provider of premium branded products and services to the fast changing and growing "image capture and sharing" market.

Vitec's customers include broadcasters, independent content creators, photographers and enterprises, and our activities comprise: design, manufacture and distribution of high performance products and software including camera supports, wireless systems, robotic camera systems, prompters, LED lights, mobile power, monitors and bags; and premium services including technical solutions, systems integration and equipment rental for TV production teams, film crews and enterprises.

We employ around 1,700 people across the world in ten different countries and are organised in two Divisions: Broadcast and Photographic.

The Vitec Group plc is listed on the London Stock Exchange with 2016 revenue of £376.2 million.

More information can be found at: www.vitecgroup.com.

LEI number: 2138007H5DQ4X8YOCF14

 

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

The Vitec Group plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

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):

Please note following NN Group N.V.'s declaration of the recommended public cash offer as unconditional for all Delta Lloyd N.V.'s issued and outstanding shares, per 07-04-2017 NN Group N.V. is the ultimate controlling entity/parent undertaking of Delta Lloyd N.V. Therefore, the holdings of Delta Lloyd N.V. in this company have been aggregated with NN Group's holding per 07-04-2017. NN Group N.V. now discloses its current holdings as parent undertaking in the enclosed form. This form will also be released to the Issuer today. Please note that Delta Lloyd N.V. will separately disclose its current holding at 0 (zero) %

X

3. Full name of person(s) subject to thenotification obligation: iii

NN Group N.V.

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

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

7 April 2017

6. Date on which issuer notified:

10 April 2017

7. Threshold(s) that is/are crossed orreached: vi, vii

3%, 4%, 5%, 6%

 

 

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary shares

2,700,000

2,700,000

6.03%

GB0009296665

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

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

% of votingrights

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

2,700,000

6.03%

 

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

 

NN Group N.V.

|

NN Group Bidco B.V.

|

Delta Lloyd N.V.

|

DLAM Holding B.V.

|

Delta Lloyd Asset Management N.V.

| |

Delta Lloyd Europees Deelnemingen Fonds N.V. Delta Lloyd L European Participation Fund

 

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will ceaseto hold:

N/A

12. Date on which proxy holder will cease to holdvoting rights:

N/A

13. Additional information:

14. Contact name:

E. Lubbers

15. Contact telephone number:

+31 6 10 34 09 26

 

 

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