VEG Vega Grp.

RNS Number:1687J
Vega Group PLC
04 December 2007

VEGA Group PLC

4 December 2007





TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES





1.  Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:



VEGA Group PLC



2. Reason for the notification (please state YES/NO):



     An acquisition or disposal of voting rights:                        (YES)



     An acquisition or disposal of financial instruments which may result in the

     acquisition of shares already issued to which voting rights are attached:   (NO)



An event changing the breakdown of voting rights                                 (NO)



     Other (please specify):                                                     (NO)







3.  Full name of person(s) subject to the notification obligation:



      Finmeccanica S.p.A.



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





5.  Date of the transaction (and date on which the threshold is crossed or
reached if different):



     30 November 2007



6.  Date on which issuer notified:



     4 December 2007



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



Ordinary



Situation prior to the triggering transaction



Number of Shares                               Number of Voting Rights



0                                                       0




Resulting situation after the triggering transaction



Number  of shares                    Number of voting rights                % of voting rights



Direct                              Direct       Indirect                   Direct        Indirect



5,792,331                           5,792,331                               28.2%




B: Financial Instruments



Resulting situation after the triggering transaction



Type of financial    Expiration date       Exercise/Conversion      Number of voting         % of voting rights
Instrument                                 Period/Date              rights that may be
                                                                    acquired if the
                                                                    instrument is
                                                                    exercised/converted

Total (A+B)



Number of voting rights                        % of voting rights



5,792,331                                           28.2%



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



Proxy Voting:



10.   Name of the proxy holder:



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:



14.   Contact name:



Kenneth Blyth



15.     Contact telephone number:



01707 362650


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

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