ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

TCM Telit Communications Plc

229.00
0.00 (0.00%)
Last Updated: 01:00:00
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 Holding(s) in Company (9430L)

06/10/2016 6:29pm

UK Regulatory


TIDMTCM

RNS Number : 9430L

Telit Communications PLC

06 October 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or                                       Telit Communications PLC 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  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 
  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)                                         Allianz Global Investors GmbH 
  subject to the 
  notification obligation: 
-----------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s)                                                              N/A 
  (if different from 3.): 
-----------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                                                       4 October 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                                          6 October 2016 
  notified: 
-----------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are                                                            Above 5% 
  crossed or 
  reached: 
-----------------------------------------------------------  ----------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
----------------------------------------------------------------------------------------------------------------------- 
 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 
                   Shares             Voting            shares          rights 
                                      Rights 
-------------    -----------------  ----------------  --------------  ------------------------  ----------------------- 
                                                       Direct          Direct     Indirect       Direct      Indirect 
-------------      -------------      ------------    --------------  ---------  -------------  ----------  ----------- 
                  Below              Below 
 GB00B06GM726      5%                 5%               0               0          5,839,508      0           5.05 
---------------  -----------------  ----------------  --------------  ---------  -------------  ----------  ----------- 
 
 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                             Period                            may be 
                                                                          acquired if 
                                                                          the 
                                                                          instrument 
                                                                          is 
                                                                          exercised/ 
                                                                          converted. 
-----------------  -----------------  --------------------------------  ------------------------  --------------------- 
 N/A                N/A                N/A                               N/A                       N/A 
-----------------  -----------------  --------------------------------  ------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of        Exercise           Expiration        Exercise/       Number of voting            % of voting 
 financial      price              date              Conversion       rights instrument           rights 
 instrument                                          period           refers to 
-------------  -----------------  ----------------  --------------  --------------------------  ----------------------- 
 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 
------------------------------------------------------------------  --------------------------------------------------- 
 5,839,508                                                           5.05 
------------------------------------------------------------------  --------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
--------------------------------------------------------------------------------------------- 
 
 
 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: 
-------------------------------------------------------  ------------------------------------ 
 
 
  13. Additional information:                                      Regarding section 8 above: 
 
                                                                   The notified holdings have 
                                                                    to be indicated as either 
                                                               "direct holdings" or "indirect 
                                                                                   holdings". 
                                                                     Allianz Global Investors 
                                                                  GmbH is a German investment 
                                                                 management company. Its core 
                                                                business is the establishment 
                                                                     and portfolio management 
                                                                of investment funds domiciled 
                                                                   in Germany and Luxembourg, 
                                                                   but also e.g. in Italy and 
                                                             France. Allianz Global Investors 
                                                                  GmbH is entitled to execute 
                                                                   the voting rights by proxy 
                                                                     (since the foundation of 
                                                                    the funds). Additionally, 
                                                                     Allianz Global Investors 
                                                                  GmbH is mandated in several 
                                                                   cases to manage individual 
                                                                 asset portfolios for clients 
                                                                on a contractual basis; under 
                                                                such contracts Allianz Global 
                                                                   Investors GmbH is entitled 
                                                                 to execute the voting rights 
                                                                 of shares held in such asset 
                                                                                  portfolios. 
 
                                                                   For the purpose of section 
                                                                  8 of this TR-1 Form we have 
                                                            considered holdings in investment 
                                                                    funds which do not have a 
                                                                   legal personality, but are 
                                                                    mere pools of assets, for 
                                                               which Allianz Global Investors 
                                                                   GmbH acts in its own name, 
                                                                   but for the account of the 
                                                                    fund, as direct holdings. 
                                                                 The units of such investment 
                                                                   funds are jointly owned by 
                                                                     their investors, but the 
                                                                funds are legally represented 
                                                                  by Allianz Global Investors 
                                                                GmbH as the funds' investment 
                                                                                     manager. 
 
                                                                    Holdings in funds managed 
                                                                  by Allianz Global Investors 
                                                                 GmbH which are legal persons 
                                                             of their own (e.g. Luxembourgish 
                                                                   SICAV) as well as holdings 
                                                                 in above-mentioned portfolio 
                                                                     mandates (including fund 
                                                                mandates, under which Allianz 
                                                                     Global Investors GmbH is 
                                                                     the portfolio manager of 
                                                                   funds established by other 
                                                                     investment companies) we 
                                                              considered as indirect holdings 
                                                                     with respect to the fact 
                                                                   that the proxy was granted 
                                                                      on a contractual basis. 
-------------------------------------------------------  ------------------------------------ 
 14. Contact name:                                                             Darren Wickert 
-------------------------------------------------------  ------------------------------------ 
 15. Contact telephone number:                                           +44 (0) 20 3246 7125 
-------------------------------------------------------  ------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLUNUBRNWARRAA

(END) Dow Jones Newswires

October 06, 2016 13:29 ET (17:29 GMT)

1 Year Telit Communications Chart

1 Year Telit Communications Chart

1 Month Telit Communications Chart

1 Month Telit Communications Chart

Your Recent History

Delayed Upgrade Clock