Telit Communications PLC Holding(s) in Company (5787F)
18 May 2017 - 11:45PM
UK Regulatory
TIDMTCM
RNS Number : 5787F
Telit Communications PLC
18 May 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or Telit Communications PLC
the underlying issuer GB00B06GM726
of existing shares to which
voting rights are
attached: (ii)
------------------------------------------------------------- ----------------------------
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) Norges Bank
subject to the
notification obligation:
(iii)
--------------------------------------------------------- --------------------------------
4. Full name of shareholder(s) N/A
(if different from 3.):(iv)
--------------------------------------------------------- --------------------------------
5. Date of the transaction 17 May 2017
and date on
which the threshold is
crossed or
reached: (v)
--------------------------------------------------------- --------------------------------
6. Date on which issuer 18 May 2017
notified:
--------------------------------------------------------- --------------------------------
7. Threshold(s) that is/are Above 3%
crossed or
reached: (vi, vii)
--------------------------------------------------------- --------------------------------
8. Notified details:
---------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
---------------------------------------------------------------------------------------------------------------------------
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 (x)
Shares Voting rights
Rights
------------------- --------------- --------------- ------------- -------------------------- -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------------- ----------- ----------- ------------- ------------ ------------ ------------ -----------
1.91
GB00B06GM726 2,249,760 2,249,760 2,441,445 2,441,445 %
--------------- --------------- ------------- ------------ ------------ ------------ -----------
B: Qualifying Financial Instruments
---------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
---------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that rights
(xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
----------------------- ------------- ------------------------------ ---------------------------- ---------------------
Shares on loan
(right to recall) N/A At any time 1,412,224 1.11 %
----------------------- ------------- ------------------------------ ---------------------------- ---------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
---------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
---------------------------------------------------------------------------------------------------------------------------
Type of financial Exercise Expiration Exercise/ Number of voting % of voting
instrument price date Conversion rights instrument rights (xix,
(xvii) period refers to xx)
(xviii)
--------------------- ------------- ------------- --------------- ---------------------------- -----------------------
N/A N/A N/A N/A N/A Nominal Delta
--------------------- ------------- ------------- --------------- ---------------------------- ------------ ---------
N/A N/A
------------------- ----------- ----------- ----------- ---------- ------------ ------------ ---------
Total (A+B+C)
---------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------------------------------------- ------------------------------------------------------------------
3,853,669 3.02 %
------------------------------------------------------- ------------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
------------------------------------------------------------------
N/A
Proxy Voting:
------------------------------------------------------------------
10. Name of the proxy holder: Norges Bank
---------------------------------------------- ------------------
11. Number of voting rights proxy N/A
holder will cease to hold:
---------------------------------------------- ------------------
12. Date on which proxy holder will N/A
cease to hold voting rights:
---------------------------------------------- ------------------
13. Additional information: None
---------------------------------------------- ------------------
14. Contact name: Philippe Chiaroni
---------------------------------------------- ------------------
15. Contact telephone number: +4724073297
---------------------------------------------- ------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLUWOORBUAVAAR
(END) Dow Jones Newswires
May 18, 2017 09:45 ET (13:45 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 Communications News Articles