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TCM Telit Communications Plc

229.00
0.00 (0.00%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Telit Communications Plc LSE:TCM London Ordinary Share GB00B06GM726 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% 229.00 229.00 229.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Telit Communications PLC Correction - Holding(s) in Company (4651T)

05/01/2017 1:11pm

UK Regulatory


Telit Communications (LSE:TCM)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Telit Communications Charts.

TIDMTCM TIDM42SB

RNS Number : 4651T

Telit Communications PLC

05 January 2017

Correction - Holding(s) in Company

This announcement replaces the RNS announcement 4538T, which was published on 5 January 2017. This announcement is being made to correct Annexure A which previously incorrectly stated the issuer as being ITV Plc rather than Telit Communications Plc.

The corrected announcement is included below.

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                         Telit 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)                                        The Goldman Sachs Group, Inc. 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------------------- 
 4. Full name of shareholder(s)                                    Goldman Sachs International 
  (if different from 3.):(iv)                                     Goldman Sachs Asset Management, 
                                                                               L.P. 
-----------------------------------------------------------  --------------------------------------- 
 5. Date of the transaction                                              02 January 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------------- 
 6. Date on which issuer                                                 04 January 2017 
  notified: 
-----------------------------------------------------------  --------------------------------------- 
 7. Threshold(s) that is/are                                                 Above 6% 
  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            voting                    rights (x) 
                    Shares           Voting            shares        rights 
                                     Rights 
-----------------  ---------------  ----------------  -----------  ------------------------  ----------------------- 
                                                       Direct       Direct     Indirect       Direct    Indirect 
                                                                    (xi)        (xii) 
-----------------   --------------   ---------------  -----------  ---------  -------------  --------  ------------- 
 
                        Below             Below 
    GB00B06GM726          3%                3%                                   852,272                   0.74% 
                   ---------------  ----------------  -----------  ---------  -------------  --------  ------------- 
 
 
 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. 
------------------  ---------------  -----------------------------  -----------------------  ----------------------- 
    Stock Loan 
     (Physical)           Open                                              442,085                   0.38% 
------------------  ---------------  -----------------------------  -----------------------  ----------------------- 
   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       % of voting 
     financial      price       date          Conversion    voting           rights (xix, 
     instrument                               period        rights           xx) 
                                                            instrument 
                                                            refers to 
   -------------  ----------  ------------  -------------  --------------  ---------------- 
                                                                            Nominal   Delta 
   -------------  ----------  ------------  -------------  --------------  --------  ------ 
                          Refer to 
                           annexure                           5,868,560               5.07% 
   ------------------------------------------------------  --------------  --------  ------ 
-------------------------------------------------------------------------------------------------------------------- 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                Percentage of voting rights 
-----------------------------------------------------  ------------------------------------------------------------- 
                      7,162,917                                                    6.19% 
-----------------------------------------------------  ------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------- 
 
   -----------------The Goldman Sachs Group, Inc.; 7,162,917 
   shares; 6.19% 
 
   Goldman Sachs (UK) L.L.C. (Controlled by The Goldman 
   Sachs Group, Inc.); 7,160,157 shares; 6.19% 
   Goldman Sachs Group UK Limited (Controlled by Goldman 
   Sachs (UK) L.L.C.); 7,160,157 shares; 6.19% 
   Goldman Sachs International (Controlled by Goldman Sachs 
   Group UK Limited); 7,160,157 shares; 6.19% 
 
   GSAM Holdings LLC (Controlled by The Goldman Sachs Group, 
   Inc.) 
   Goldman Sachs Asset Management, L.P. (Controlled by 
   GSAM Holdings LLC) 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                           N/A 
-------------------------------------------------------  ---------------------------------- 
 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: 
-------------------------------------------------------  ---------------------------------- 
 
                                                          Please note, total amount 
  13. Additional information:                              of voting rights have been 
                                                           rounded to 2 decimal places 
                                                           therefore there is a possibility 
                                                           of a rounding error. 
 
                                                           General email contact: 
                                                           shareholderdisclosures@gs.com 
-------------------------------------------------------  ---------------------------------- 
 14. Contact name:                                        Joanna Foley 
-------------------------------------------------------  ---------------------------------- 
 
 15. Contact telephone number:                             +44 207 051 9996 
-------------------------------------------------------  ---------------------------------- 
 
 
 
                                                  Annexure A 
-------------------------------------------------------------------------------------------------------------- 
                              Attached to notification of voting rights given in 
                              fulfilment of the obligations imposed by the FCA in 
                               accordance with DTR5 (including section 5.8.1). by 
                              The Goldman Sachs Group, Inc. dated 04 January 2017 
                              for itself and its subsidiaries in relation to Telit 
                                               Communications Plc 
-------------------------------------------------------------------------------------------------------------- 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------- 
    Type of          Exercise        Expiration      Exercise/Conversion      Number of         % of voting 
    financial          price             date              period           voting rights          rights 
   instrument                                                                 instrument 
                                                                              refers to 
---------------  ----------------  --------------  ----------------------  ---------------  ------------------ 
                                                                                             Nominal    Delta 
---------------  ----------------   -------------   ---------------------  ---------------  ---------  ------- 
               CFD                    14-Nov-2025                               432,141                  0.37% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               CFD                    28-Jan-2026                               337,964                  0.29% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               CFD                    11-Feb-2026                              2,053,991                 1.78% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               CFD                    25-Mar-2026                               276,620                  0.24% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               CFD                    30-Sep-2026                               102,750                  0.09% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               CFD                    2-Oct-2026                                107,537                  0.09% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               SWAP                   18-Oct-2017                                2,400                   0.002% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               SWAP                   18-Oct-2017                                3,400                   0.003% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               SWAP                   18-Oct-2017                                12,100                  0.01% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               SWAP                   18-Oct-2017                                17,600                  0.02% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               SWAP                   18-Oct-2017                                4,100                   0.004% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               SWAP                   18-Oct-2017                                6,100                   0.01% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               CFD                    7-Oct-2026                                 56,956                  0.05% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               SWAP                   17-Nov-2017                                1,900                   0.002% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               SWAP                   17-Nov-2017                                2,800                   0.002% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               SWAP                   17-Nov-2017                                1,700                   0.001% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               SWAP                   17-Nov-2017                                2,500                   0.002% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               SWAP                   17-Nov-2017                                1,400                   0.001% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               SWAP                   17-Nov-2017                                2,000                   0.002% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               SWAP                   17-Nov-2017                                1,500                   0.001% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               SWAP                   17-Nov-2017                                2,200                   0.002% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               SWAP                   17-Nov-2017                                1,000                   0.001% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               SWAP                   17-Nov-2017                                1,600                   0.001% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               CFD                    25-Nov-2026                              2,325,488                 2.01% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               CFD                    29-Dec-2017                                8,745                   0.01% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               CFD                    29-Dec-2017                                24,123                  0.02% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               CFD                    29-Dec-2017                                34,190                  0.03% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
               CFD                    29-Dec-2017                                43,756                  0.04% 
---------------------------------   --------------  ----------------------  ---------------  ---------  ------- 
                    Total Number of voting rights and 
                        percentage of voting rights                           5,868,560                 5.07% 
-------------------------------------------------------------------------  ---------------  ---------  ------- 
 
                             Additional information: Please note, total amount of 
                              voting rights have been rounded to 2 decimal places 
                             therefore there is a possibility of a rounding error. 
-------------------------------------------------------------------------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLLLFIVLVIEIID

(END) Dow Jones Newswires

January 05, 2017 08:11 ET (13:11 GMT)

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