16 Sep 2020 18:05
16 September 2020
The Vitec Group plc
Holdings in Company
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 Schroders plc has a notifiable interest in the voting rights of 2,318,034 ordinary shares of 20p each in Vitec, representing 5.082% of Vitec's issued ordinary share capital.
Jon Bolton
Group Company Secretary
020 8332 4600
A snapshot of The Vitec Group plc
Vitec is a leading global provider of premium branded products and solutions to the fast changing and growing "image capture and content creation" 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 solutions including camera supports and accessories, wired and wireless video transmission systems, robotic camera systems, prompters, LED lights, mobile power, monitors, bags, motion control, smartphone accessories, audio capture and noise reduction equipment.
We employ around 1,600 people across the world in 11 different countries and are organised in three Divisions: Imaging Solutions, Production Solutions and Creative Solutions.
The Vitec Group plc is listed on the London Stock Exchange with 2019 revenue of £376.1 million.
More information can be found at: www.vitecgroup.com
LEI number: 2138007H5DQ4X8YOCF14
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i |
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1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: | The Vitec Group plc |
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1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) |
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Non-UK issuer |
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2. Reason for the notification (please mark the appropriate box or boxes with an "X") |
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An acquisition or disposal of voting rights | X |
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An acquisition or disposal of financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify)iii: Type 1 and Type 3 disclosure as per the Transparency Directive II Regulation | X |
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3. Details of person subject to the notification obligationiv |
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Name | Schroders plc |
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City and country of registered office (if applicable) | London, UK |
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4. Full name of shareholder(s) (if different from 3.)v |
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Name |
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City and country of registered office (if applicable) |
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5. Date on which the threshold was crossed or reachedvi: | 15 September 2020 |
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6. Date on which issuer notified (DD/MM/YYYY): | 16 September 2020 |
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7. Total positions of person(s) subject to the notification obligation |
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% of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments(total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights of issuervii |
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Resulting situation on the date on which threshold was crossed or reached | 5.082% | N/A | 5.082% | 45,616,323 |
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Position of previous notification (if applicable) | Below 5% | Below 5% | Below 5% |
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| 8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | ||||||||||||||||
| A: Voting rights attached to shares | ||||||||||||||||
| Class/type ofshares ISIN code (if possible) | Number of voting rightsix | % of voting rights | ||||||||||||||
| Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | |||||||||||||
| GB0009296665 | 2,318,034 | 5.082% | ||||||||||||||
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| SUBTOTAL 8. A | 2,318,034 | 5.082% | ||||||||||||||
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| B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | ||||||||||||||||
| Type of financial instrument | Expirationdatex | Exercise/Conversion Periodxi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | ||||||||||||
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| SUBTOTAL 8. B 1 | ||||||||||||||||
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| B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) | ||||||||||||||||
| Type of financial instrument | Expirationdatex | Exercise/Conversion Period xi | Physical or cash settlementxii | Number of voting rights | % of voting rights | |||||||||||
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| SUBTOTAL 8.B.2 | ||||||||||||||||
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9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | ||||
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii | ||||
Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary) | X | |||
Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
Schroders plc | ||||
Schroder Administration Limited | ||||
Schroder International Holdings Limited | ||||
Schroder Investment Management Limited | 5.079% | 5.079% | ||
Schroders plc | ||||
Schroder Administration Limited | ||||
Schroder Wealth Holdings Limited | ||||
Schroder & Co. Limited | ||||
10. In case of proxy voting, please identify: | ||||
Name of the proxy holder | ||||
The number and % of voting rights held | ||||
The date until which the voting rights will be held | ||||
11. Additional informationxvi | ||||
Place of completion | London |
Date of completion | 16 September 2020 |