REG - Vislink PLC - Holding in Company <Origin Href="QuoteRef">VLK.L</Origin>
RNS Number : 5229SVislink PLC21 December 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:iiVislink 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):
Change in Ownership of Shareholder
X
3. Full name of person(s) subject to the
notification obligation:iiiArthur Leonard Robert Morton (ALRM), Susan Margaret Howard Morton (SMHM) and Morton PTC Limited as Trustee of the Morton Family Trust (MFT)
4. Full name of shareholder(s)
(if different from 3.):ivHawk Investment Holdings Limited
5. Date of the transaction and date on
which the threshold is crossed or
reached:v1st - 14th December 2016
6. Date on which issuer notified:
21st December 2016
7. Threshold(s) that is/are crossed or
reached: vi, vii7%, 6%, 5%, 4%, 3% for ALRM only
8. Notified details:
A: Voting rights attached to sharesviii, ix
Class/type of
shares
if possible using
the ISIN CODESituation previous
to the triggering
transactionResulting situation after the triggering transaction
Number
of
SharesNumber
of
Voting
RightsNumber
of sharesNumber of voting
rights% of voting rights x
Direct
Direct xi
Indirect xii
Direct
Indirect
GB0001482891
9,829,130
9,829,130
9,400,000
(MFT)
400,000 (ALRM and SMHM)
29,130
(CNM & RWM)
9,400,000
(MFT)
400,000 (ALRM and SMHM)
29,130
(CNM & RWM)
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrumentExpiration
date xiiiExercise/
Conversion Period xivNumber 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 xv, xvi
Resulting situation after the triggering transaction
Type of financial
instrumentExercise price
Expiration date xvii
Exercise/
Conversion period xviiiNumber of voting rights instrument refers to
% of voting rights xix, xx
Nominal
Delta
Total (A+B+C)
Number of voting rights
Percentage of voting rights
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxiHawk Investment Holdings Limited (HIHL) continues to hold 9,400,000 Vislink Plc shares representing 7.54% of the voting rights. HIHL's ownership has transferred from ALRM & SMHM to Morton PTC Limited as Trustee of the MFT. The Board of Directors of the Morton PTC is Albany Directors Limited, Mr Robert Walter Morton and Mrs Susan Margaret Howard Morton. The beneficiaries of the Morton Family Trust are Susan Margaret Howard Morton, Andrew Robert Morton, Edward George Morton, Charles Nicholas Morton (CNM) and Robert Walter Morton (RWM). CNM and RWM also own 7,680 and 21,450 Vislink Plc shares respectively, representing 0.02% of the voting rights. Accordingly, the concert party owns 9,429,130 Vislink Plc shares representing 7.57% of the voting rights.
Hawk Pension Fund Limited continues to hold 400,000 shares representing 0.32% of the voting rights.
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will ceaseto hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
Albany Trustee Company Limited14. Contact name:
Emma McIntosh
15. Contact telephone number:
01481 724136
This information is provided by RNSThe company news service from the London Stock ExchangeENDHOLEASAFALPKFFF
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