Vitec Group PLC (The) Holding(s) in Company (2290Z)
September 16 2020 - 1:05PM
UK Regulatory
TIDMVTC TIDMSDR
RNS Number : 2290Z
Vitec Group PLC (The)
16 September 2020
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 GBP376.1 million.
More information can be found at: www.vitecgroup.com
LEI number: 2138007H5DQ4X8YOCF14
TR-1: S tandard 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)
1a. Identity of the issuer or the The Vitec Group plc
underlying issuer of existing shares
to which voting rights are attached
(ii) :
---------------------------------------------------------------
1b. Please indicate if the issuer is a non-UK issuer (please mark with
an "X" if appropriate)
Non-UK issuer
----
2. Reason for the notification (please mark the appropriate box or boxes
with an "X")
An acquisition or disposal of voting rights X
----
An acquisition or disposal of financial instruments
----
An event changing the breakdown of voting rights
----
Other (please specify)(iii) : Type 1 and Type 3 disclosure as per X
the Transparency Directive II Regulation
----
3. Details of person subject to the notification obligation (iv)
Name Schroders plc
City and country of registered office London, UK
(if applicable)
4. Full name of shareholder(s) (if different from 3.) (v)
Name
---------------------------------------------------------------
City and country of registered office
(if applicable)
---------------------------------------------------------------
5. Date on which the threshold was 15 September 2020
crossed or reached (vi) :
---------------------------------------------------------------
6. Date on which issuer notified (DD/MM/YYYY): 16 September 2020
---------------------------------------------------------------
7. Total positions of person(s) subject to the notification obligation
% of voting % of voting rights Total of both Total number
rights attached through financial in % (8.A + of voting rights
to shares (total instruments 8.B) of issuer (vii)
of 8. A) (total of 8.B
1 + 8.B 2)
------------------------ ------------------------------- ---------------------------- -----------------------
Resulting
situation
on the date
on which
threshold
was crossed
or reached 5.082% N/A 5.082% 45,616,323
------------------------ ------------------------------- ---------------------------- -----------------------
Position of Below 5% Below 5% Below 5%
previous
notification
(if
applicable)
------------------------ ------------------------------- ---------------------------- -----------------------
8. Notified details of the resulting situation on the date on which
the threshold was crossed or reached (viii)
A: Voting rights attached to shares
Class/type of Number of voting rights % of voting rights
shares (ix)
ISIN code (if
possible)
Direct Indirect Direct Indirect
(Art 9 of Directive (Art 10 of Directive (Art 9 of Directive (Art 10 of
2004/109/EC) 2004/109/EC) 2004/109/EC) (DTR5.1) Directive
(DTR5.1) (DTR5.2.1) 2004/109/EC)
(DTR5.2.1)
------------------------------
GB0009296665 2,318,034 5.082%
-------------------------- ------------------------------ ---------------------------- -----------------
SUBTOTAL 8. A 2,318,034 5.082%
---------------------------------------------------------- -----------------------------------------------
B 1: Financial Instruments according to Art. 13(1)(a) of Directive
2004/109/EC (DTR5.3.1.1 (a))
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion Period rights that may rights
(x) (xi) be acquired if
the instrument
is
exercised/converted.
----------- ------------------------------------ ------------------------------------- -----------------
SUBTOTAL 8. B 1
------------------------------------ ------------------------------------- -----------------
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 Expiration Exercise/ Physical or Number of % of voting
instrument date (x) Conversion cash voting rights rights
Period (xi) settlement
(xii)
--------------- -------------------------- ------------------------ ---------------------
SUBTOTAL 8.B.2
------------------------ ---------------------
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) issuer (xiii)
Full chain of controlled undertakings through which the voting rights X
and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity (xiv) (please add additional
rows as necessary)
Name (xv) % of voting rights % of voting rights Total of both if
if it equals or through financial it equals or is
is higher than the instruments if it higher than the
notifiable threshold equals or is higher notifiable threshold
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 information (xvi)
Place of completion London
Date of completion 16 September 2020
------------------
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