Telit Communications PLC Holding(s) in Company (2619L)
30 September 2016 - 2:45AM
UK Regulatory
TIDMTCM
RNS Number : 2619L
Telit Communications PLC
29 September 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
--------------------------------------------------------------------------------------------------
1. Identity of the issuer or Telit Communications PLC
the underlying issuer
of existing shares to which
voting rights are
attached:
------------------------------------------------------------- -----------------------------------
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):
--------------------------------------------------------- ----- --------------------------------
3. Full name of person(s) Senvest Management, LLC
subject to the
notification obligation:
----------------------------------------------------------- -------------------------------------
4. Full name of shareholder(s) Senvest Master Fund, LP
(if different from 3.): Senvest Israel Partners Master
Fund, LP
Senvest Global (KY), LP
----------------------------------------------------------- -------------------------------------
5. Date of the transaction September 28, 2016
and date on
which the threshold is
crossed or
reached:
----------------------------------------------------------- -------------------------------------
6. Date on which issuer September 29, 2016
notified:
----------------------------------------------------------- -------------------------------------
7. Threshold(s) that is/are <5%
crossed or
reached:
----------------------------------------------------------- -------------------------------------
8. Notified details:
------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares
------------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares transaction
if possible
using
the ISIN
CODE
--------------- -------------------------------- ---------------------------------------------------------------------
Number Number Number Number of % of voting
of of of shares voting rights
Shares Voting rights
Rights
------------- -------------- ---------------- -------------- -------------------------- -------------------------
Direct Direct Indirect Direct Indirect
------------- ------------ ------------ -------------- ------------ ------------ ------------ -----------
GB00B06GM726 5,819,512 5,819,512 4,999,067 4,999,067 4.33%
-------------- ---------------- -------------- ------------ ------------ ------------ -----------
B: Qualifying Financial Instruments
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion rights that rights
instrument Period may be
acquired if
the
instrument
is
exercised/
converted.
----------------- -------------- -------------------------------- ---------------------------- ---------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights instrument rights
instrument period refers to
------------- ---------------- -------------- ---------------- ---------------------------- -----------------------
Nominal Delta
------------- ---------------- -------------- ---------------- ---------------------------- ------------ ---------
Total (A+B+C)
------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
--------------------------------------------------- -------------------------------------------------------------------
4,999,067 4.33%
--------------------------------------------------- -------------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
-------------------------------------------------------------------------------------------------
Senvest Master Fund, LP - 3,725,974 / Shares, 3.22%
of Outstanding Shares
Senvest Israel Partners Master Fund, LP - 1,140,081
/ Shares, 0.99% of Outstanding Shares
Senvest Global (KY), LP - 133,012 / Shares, 0.12% of
Outstanding Shares
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: Bobby Trahanas, Chief Compliance
Officer
------------------------------------------------------------ -----------------------------------
15. Contact telephone number: 212.202.32050
------------------------------------------------------------ -----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLUKONRNSAKUAR
(END) Dow Jones Newswires
September 29, 2016 12:45 ET (16:45 GMT)
Telit Communications (LSE:TCM)
Historical Stock Chart
From Apr 2024 to May 2024
Telit Communications (LSE:TCM)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Telit Communications Plc (London Stock Exchange): 0 recent articles
More Telit Comm News Articles