Form 8.3 - Intec Telecom Systems plc

 
TIDMITL 
 
FORM 8.3 
 
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON 
 
WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE 
 
Rule 8.3 of the Takeover Code (the "Code") 
 
1. KEY INFORMATION 
 
(a) Identity of the person whose positions/   Aberforth Partners LLP on 
dealings are being disclosed:                 behalf of discretionary 
                                              clients 
 
(b) Owner or controller of interests and 
short positions disclosed, if different from 
1(a): 
 
The naming of nominee or vehicle companies is 
insufficient 
 
(c) Name of offeror/offeree in relation to    Intec Telecom Systems plc 
whose relevant securities this form relates: 
 
Use a separate form for each offeror/offeree 
 
(d) If an exempt fund manager connected with 
an offeror/offeree, state this and specify 
identity of offeror/offeree: 
 
(e) Date position held/dealing undertaken:    25 October 2010 
 
(f) Has the discloser previously disclosed,   No 
or are they today disclosing, under the Code 
in respect of any other party to this offer? 
 
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE 
 
(a) Interests and short positions in the relevant securities of the offeror or 
offeree to which the disclosure relates following the dealing (if any) 
 
Class of relevant security:    Ordinary Shares 
 
                               Interests          Short positions 
 
                               Number      %      Number     % 
 
(1)Relevant securities owned   26,095,159  8.28   Nil        0.00 
and/or controlled: 
 
(2)Derivatives (other than 
options): 
 
(3)Options and agreements to 
purchase/sell: 
 
TOTAL:                         26,095,159  8.28   Nil        0.00 
 
All interests and all short positions should be disclosed. 
 
Details of any open derivative or option positions, or agreements to purchase 
or sell relevant securities, should be given on a Supplemental Form 8 (Open 
Positions). 
 
(b) Rights to subscribe for new securities (including directors' and other 
executive options) 
 
Class of relevant security in relation to  N/A 
which subscription right exists: 
 
Details, including nature of the rights    N/A 
concerned and relevant percentages: 
 
If there are positions or rights to subscribe to disclose in more than one 
class of relevant securities of the offeror or offeree named in 1(c), copy 
table 2(a) or (b) (as appropriate) for each additional class of relevant 
security. 
 
3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE 
 
(a) Purchases and sales 
 
Class of relevant   Purchase/sale  Number of securities  Price per unit 
security 
 
Ordinary Shares     Sale           2,000,000             72.0p 
 
(b) Derivatives transactions (other than options) 
 
Class of   Product     Nature of dealing      Number of   Price per 
relevant   description                        reference   unit 
security               e.g. opening/closing a securities 
           e.g. CFD    long/short position, 
                       increasing/reducing a 
                       long/short position 
 
N/A 
 
(c) Options transactions in respect of existing securities 
 
(i) Writing, selling, purchasing or varying 
 
Class of Product     Writing,    Number of  Exercise Type e.g. Expiry Option money 
relevant description purchasing, securities price    American, date 
security e.g. call   selling,    to which   per unit European         paid/ 
         option      varying     option              etc.             received 
                     etc.        relates 
                                                                      per unit 
 
N/A 
 
(ii) Exercising 
 
Class of         Product          Number of          Exercise price per 
relevant         description      securities         unit 
security 
                 e.g. call option 
 
N/A 
 
(d) Other dealings (including subscribing for new securities) 
 
Class of         Nature of dealing    Details        Price per unit 
relevant s 
ecurity          e.g. subscription,                  (if applicable) 
 
                 conversion 
 
N/A 
 
The currency of all prices and other monetary amounts should be stated. 
 
Where there have been dealings in more than one class of relevant securities of 
the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as 
appropriate) for each additional class of relevant security dealt in. 
 
4. OTHER INFORMATION 
 
(a) Indemnity and other dealing arrangements 
 
Details of any indemnity or option arrangement, or any agreement or 
understanding, formal or informal, relating to relevant securities 
which may be an inducement to deal or refrain from dealing entered into 
by the person making the disclosure and any party to the offer or any 
person acting in concert with a party to the offer: 
 
If there are no such agreements, arrangements or understandings, state 
"none" 
 
None 
 
(b) Agreements, arrangements or understandings relating to options or 
derivatives 
 
Details of any agreement, arrangement or understanding, formal or 
informal, between the person making the disclosure and any other person 
relating to: 
 
(i) the voting rights of any relevant securities under any option; or 
 
(ii) the voting rights or future acquisition or disposal of any 
relevant securities to which any derivative is referenced: 
 
If there are no such agreements, arrangements or understandings, state 
"none" 
 
None 
 
(c) Attachments 
 
Is a Supplemental Form 8     No 
 
(Open Positions) attached? 
 
Date of disclosure:          26 October 2010 
 
Contact name:                David Holland, for Aberforth Partners LLP 
 
Telephone number:            0131-220-0733 
 
Public disclosures under Rule 8 of the Code must be made to a Regulatory 
Information Service and must also be emailed to the Takeover Panel at 
[e-mail] . The Panel's Market Surveillance Unit is 
available for consultation in relation to the Code's dealing disclosure 
requirements on [phone]. 
 
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk . 
 
 
 
END