For filings with the FSA include the annex
For filings with issuer exclude the annex
+------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+------------------------------------------------+
+----------------------------------------------------+-------------------------+
|1. Identity of the issuer or the underlying issuer | |
|of existing shares to which voting rights are |Intec Telecom Systems Plc|
|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 |Â |
|are attached | |
+----------------------------------------------------------------------------+-+
|An acquisition or disposal of instruments with similar economic effect to |Â |
|qualifying financial instruments | |
+----------------------------------------------------------------------------+-+
|An event changing the breakdown of voting rights |Â |
+-----------------------+----------------------------------------------------+-+
|Other (please specify):|Â |Â |
+-----------------------+----------------------------------------------------+-+
+---------------------------------------+--------------------------------------+
|3. Full name of person(s) subject to | Morgan Stanley |
|the notification obligation: | (Institutional Securities and Global |
| | Wealth Management) |
+---------------------------------------+--------------------------------------+
|4. Full name of shareholder(s) (if |Â |
|different from 3.): | |
+---------------------------------------+--------------------------------------+
|5. Date of the transaction and date on | |
|which the threshold is crossed or |Â 04.11.2010 |
|reached: | |
+---------------------------------------+--------------------------------------+
|6. Date on which issuer notified: |Â 09.11.2010 |
+---------------------------------------+--------------------------------------+
|7. Threshold(s) that is/are crossed or |Â 5% |
|reached: | |
+---------------------------------------+--------------------------------------+
+---------------------------------------------------------------------------------+
|8. Notified details: |
+---------------------------------------------------------------------------------+
|A: Voting rights attached to shares |
+------------+---------------------+----------------------------------------------+
|Class/type |Situation previous |Resulting situation after the triggering |
|of |to the triggering |transaction |
|shares |transaction | |
|Â +----------+----------+----------+-------------------+---------------+
|if possible |Number |Number |Number |Number of voting |% of voting |
|using |Of |Of |of shares |rights |rights |
|the ISIN |Shares |Voting +----------+----------+--------+------+--------+
|CODE | |Rights |Direct |Direct |Indirect|Direct|Indirect|
+------------+----------+----------+----------+----------+--------+------+--------+
|Â |Â |Â |Â |Â |Â |Â |Â |
|Â |Â |Â |Â |Â | |Â | |
|Â |Â |Â |Â |Â | |Â | |
|GB0006725062|13,501,537|13,501,537|16,501,537|16,501,537| |5.24% | |
+------------+----------+----------+----------+----------+--------+------+--------+
+-------------------------------------------------------------------------+
|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 may be |rights |
| | |Period |acquired if the | |
| | | |instrument is | |
| | | |exercised/ converted.| |
+-----------------+----------+----------+---------------------+-----------+
|Â |Â |Â |Â |Â |
+-----------------+----------+----------+---------------------+-----------+
+------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial |
|Instruments |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+---------------+--------+----------+----------+--------------+----------------+
|Type of |Exercise|Expiration|Exercise/ |Number of |% of voting |
|financial |price |date |Conversion|voting |rights |
|instrument | | |period |rights | |
| | | | |instrument | |
| | | | |refers to | |
+---------------+--------+----------+----------+--------------+-------+--------+
|Â |Â |Â |Â |Â |Nominal|Delta |
| | | | | +-------+--------+
| | | | | |Â |Â |
+---------------+--------+----------+----------+--------------+-------+--------+
+-------------------------------------------------------+
| Total (A+B+C) |
+-------------------------+-----------------------------+
| Number of voting rights | Percentage of voting rights |
+-------------------------+-----------------------------+
| Â 16,501,537 | Â 5.24% |
+-------------------------+-----------------------------+
+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable: |
+------------------------------------------------------------------------------+
|Â |
|Morgan Stanley Securities Ltd           |
|16,501,537Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 5.24% |
+------------------------------------------------------------------------------+
+------------------------------------------------------+
| Proxy Voting: |
+-----------------------------------------------+------+
| 10. Name of the proxy holder: | Â N/A |
+-----------------------------------------------+------+
| 11. Number of voting rights proxy holder will | Â N/A |
| cease to hold: | |
+-----------------------------------------------+------+
| 12. Date on which proxy holder will cease to | Â N/A |
| hold voting rights: | |
+-----------------------------------------------+------+
+-------------------------------+----------------+
| 13. Additional information: | Â |
+-------------------------------+----------------+
| 14. Contact name: | Â David Lindsay |
+-------------------------------+----------------+
| 15. Contact telephone number: | Â 020 7677 5468 |
+-------------------------------+----------------+
[HUG#1460591]
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Intec Telecom Systems Plc via Thomson Reuters ONE
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.