Holding(s) in Company (6198S)

TIDMTEL TIDMUEM

RNS Number : 6198S

Teliti International Ltd

23 November 2011

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
 
 
 1. Identity of the issuer 
  or the underlying issuer       Teliti International 
  of existing shares to which    Ltd 
  voting rights are attached: 
-----------------------------  ---------------------- 
 
 
 2 Reason for the notification (please tick the 
  appropriate box or boxes): 
----------------------------------------------------------- 
 
  An acquisition or disposal of voting rights 
------------------------------------------------------- 
 
  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    Conversion of Loan Notes to Ordinary 
  specify):         Shares upon Listing                   X 
---------------  -------------------------------------- 
 
 
 
 3. Full name of person(s)           Utilico Emerging Markets 
  subject to the notification         Limited 
  obligation: 
----------------------------------  --------------------------- 
 4. Full name of shareholder(s)      Utilico Emerging Markets 
  (if different from 3.):             Limited 
----------------------------------  --------------------------- 
 5. Date of the transaction 
  and date on which the threshold     Listing date: 03 November 
  is crossed or reached:              2011 
----------------------------------  --------------------------- 
 6. Date on which issuer 
  notified:                           08 November 2011 
----------------------------------  --------------------------- 
 7. Threshold(s) that is/are 
  crossed or reached:                 3, 4, 5% 
----------------------------------  --------------------------- 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------------------- 
 Class/type      Situation              Resulting situation after 
  of              previous               the triggering transaction 
  shares          to the triggering 
                  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 
--------------  ----------  ---------  ----------  ----------  ---------  -------  --------- 
 KYG8753W1042 
  Fully paid 
  Ordinary       0           0          1,257,563   1,257,563   -          5.34%    - 
                ----------  ---------  ----------  ----------  ---------  -------  --------- 
 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/     Number of      % of voting 
  instrument          date         Conversion    voting         rights 
                                   Period        rights that 
                                                 may be 
                                                 acquired 
                                                 if the 
                                                 instrument 
                                                 is 
                                                 exercised/ 
                                                 converted. 
------------------  -----------  ------------  -------------  ------------ 
 
 
 
 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 
------------  ---------  -----------  ------------  ------------  ---------------- 
                                                                   Nominal   Delta 
------------  ---------  -----------  ------------  ------------  --------  ------ 
 
 
 
 Total (A+B+C) 
----------------------------------------------- 
 Number of voting rights   Percentage of voting 
                            rights 
------------------------  --------------------- 
 1,257,563                 5.34% 
------------------------  --------------------- 
 
 
 9. Chain of controlled undertakings through which 
  the voting rights and /or the financial instruments 
  are effectively held, if applicable: 
----------------------------------------------------- 
  N/A 
----------------------------------------------------- 
 
 
 Proxy Voting: 
------------------------------------------------------- 
 10. Name of proxy holder:     Utilico Emerging Markets 
                                Limited 
----------------------------  ------------------------- 
 11. Number of voting rights   n/a 
  proxy holder will cease 
  to hold: 
----------------------------  ------------------------- 
 12. Date on which proxy       n/a 
  holder will cease to hold 
  voting rights: 
----------------------------  ------------------------- 
 
 
 13. Additional information:    Based on TVR of 23,530,000 
-----------------------------  --------------------------- 
 14 Contact name:               Mike Bassi, F&C Management 
                                 Limited, 
                                 Secretaries to Utilico 
                                 Emerging Markets Limited 
-----------------------------  --------------------------- 
 15. Contact telephone 
  name:                         0131 718 1093 
-----------------------------  --------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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