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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 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPTCM
RNS Number : 5086Y
Porta Communications PLC
03 March 2017
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 specify): ---------------------------------------------------------- ---------------------------- --------------------------------- 3. Full name of person(s) Morton PTC Limited as Trustee subject to the of the Morton Family Trust notification obligation: (MFT) (iii) ----------------------------------------------------------- -------------------------------------------------------------- 4. Full name of shareholder(s) Hawk Investment Holdings Limited (if different from 3.):(iv) ----------------------------------------------------------- -------------------------------------------------------------- 5. Date of the transaction 02 March 2017 and date on which the threshold is crossed or reached: (v) ----------------------------------------------------------- -------------------------------------------------------------- 6. Date on which issuer 03 March 2017 notified: ----------------------------------------------------------- -------------------------------------------------------------- 7. Threshold(s) that is/are crossed or reached: (vi, vii) 17%, 18% ----------------------------------------------------------- -------------------------------------------------------------- 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) --------------- ----------- ----------- ----------- ----------- ----------- -------- --------- GB00B71C7K21 53,203,965 53,203,965 18.68% ----------- ----------- ----------- -------- --------- 60,157,648 60,157,648 --------------- ----------- ----------- ----------- ----------- ----------- -------- --------- 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 Percentage of voting rights 60,157,648 18.68% ----------------------------------------- ---------------------------------------------------------- 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) is 100% owned by Morton PTC Limited as Trustee of the Morton Family Trust. The Board of Directors of the Morton PTC is Albany Directors Limited, Robert Walter Morton, Susan Margaret Howard Morton and Anthony David Holt. The principal beneficiaries of the Morton Family Trust are Susan Margaret Howard Morton, Andrew Robert Morton, Edward George Morton, Charles Nicholas Morton and Robert Walter 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: --------------------------------------------------------------- ------------------ 14. Contact name: Nicky Chippendale --------------------------------------------------------------- ------------------ 15. Contact telephone number: 01481 724136 --------------------------------------------------------------- ------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLBSGDXXBGBGRX
(END) Dow Jones Newswires
March 03, 2017 09:15 ET (14:15 GMT)
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