We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Porta Communications Plc | LSE:PTCM | London | Ordinary Share | GB00B71C7K21 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.449 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
TIDMPTCM
RNS Number : 5447S
Porta Communications PLC
22 December 2016
Hot Features
Premium
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
----------------------------------------------------------------------------------------------------------------------
1. Identity of the issuer or Porta Communications Plc
the underlying issuer
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 Change in Ownership of X
specify): Shareholder
------------------------------------------------------ ----------------------------------------------------------
3. Full name of person(s) Arthur Leonard Robert Morton
subject to the (ALRM), Susan Margaret Howard
notification obligation: Morton (SMHM), Morton PTC
(iii) Limited as Trustee of the
Morton Family Trust (MFT)
Retro Grand Limited (RGL),
Seraffina Holdings Limited
(SHL), Groundlinks Limited
(GL) and Hawk Pension Fund
Limited (HPFL).
-------------------------------------------------------- ------------------------------------------------------------
4. Full name of shareholder(s) Hawk Investment Holdings Limited
(if different from 3.):(iv)
-------------------------------------------------------- ------------------------------------------------------------
5. Date of the transaction 1(st) - 14(th) December 2016
and date on
which the threshold is
crossed or
reached: (v)
-------------------------------------------------------- ------------------------------------------------------------
6. Date on which issuer 21st December 2016
notified:
-------------------------------------------------------- ------------------------------------------------------------
7. Threshold(s) that is/are 17%, 16%, 15%, 14%, 13%, 12%,
crossed or 11%, 10%, 9%, 8% 7%, 6%, 5%,
reached: (vi, vii) 4%, 3% for ALRM only
-------------------------------------------------------- ------------------------------------------------------------
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)
--------------- ----------- ----------- ----------- ----------- ---------- -------- ---------
53,203,965
(MFT)
450,000
(SHL)
5,850,000
(RGL)
6,750,000
(GL)
850,000
(ALRM and
GB00B71C7K21 67,103,965 67,103,965 SMHM)
----------- ----------- ----------- ---------- -------- ---------
53,203,965
(MFT)
450,000
(SHL)
5,850,000
(RGL)
6,750,000
(GL)
850,000
(ALRM
and SMHM)
--------------- ----------- ----------- ----------- ----------- ---------- -------- ---------
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 (xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
--------------- ----------- ------------------------ ----------------------- -------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
----------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights instrument rights (xix,
instrument (xvii) period refers to xx)
(xviii)
--------------- ----------- ----------- ----------- ----------------------- -------------------
Nominal Delta
--------------- ----------- ----------- ----------- ----------------------- -------- ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------
Number of voting rights 67,103,965 Percentage of voting rights
21.68%
----------------------------------------- ---------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
-------------------------------------------------------------------------------------------------
Hawk Investment Holdings Limited (HIHL) continues to
hold 53,203,965 Porta Communications shares representing
17.2% 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 and Robert Walter Morton. Retro Grand Limited continues to hold 5,850,000 shares representing 1.9% of the voting rights. The ultimate beneficiary of RGL is Edward George Morton. Seraffina Holdings Limited continues to hold 450,000 shares representing 0.15% of the voting rights. The ultimate beneficiary of SHL is Charles Nicholas Morton. Groundlinks Limited continues to hold 6,750,000 shares representing 2.2% of the voting rights. The ultimate beneficiary of GL is Andrew Robert Morton. Hawk Pension Fund Limited continues to hold 850,000 shares representing 0.27% of the voting rights. The ultimate beneficiaries of HPFL are Arthur Leonard Robert Morton and Susan Margaret Howard Morton. 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: Albany Trustee Company Limited --------------------------------------------------------------- -------------------------------- 14. Contact name: Emma McIntosh --------------------------------------------------------------- -------------------------------- 15. Contact telephone number: 01481 724136 --------------------------------------------------------------- --------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLBCBDDGSDBGLB
(END) Dow Jones Newswires
December 22, 2016 02:00 ET (07:00 GMT)
1 Year Porta Communications Chart |
1 Month Porta Communications Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
