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PTCM Porta Communications Plc

0.449
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
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 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Porta Communications PLC Holding(s) in Company (3136A)

10/09/2018 3:01pm

UK Regulatory


TIDMPTCM

RNS Number : 3136A

Porta Communications PLC

10 September 2018

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible)(i) 
 
 1a. Identity of the issuer or the                                       Porta Communications Plc 
  underlying issuer of existing shares 
  to which voting rights are attached(ii) 
  : 
                                                             ----------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                        ---- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights 
                                                                                                        ---- 
 An acquisition or disposal of financial instruments 
                                                                                                        ---- 
 An event changing the breakdown of voting rights 
                                                                                                        ---- 
 Other (please specify)(iii) : Allotment of Shares by Porta                                               X 
                                                                                                        ---- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                         Morton PTC Limited as Trustee of 
                                                               The Morton Family Trust (MFT), Hawk 
                                                               Investment Holdings Limited (HIHL), 
                                                               Morton PTC Limited as Trustee of 
                                                               The Edward Trust (TET), Morton PTC 
                                                               Limited as Trustee of The Edward 
                                                               Morton Family Trust (TEMFT), Retro 
                                                               Grand Limited, Morton PTC Limited 
                                                               as Trustee of The Andrew Trust (TAT) 
                                                               and Morton PTC Limited as Trustee 
                                                               of The Andrew Morton Family Trust 
                                                               (TAMFT), Groundlinks Limited (GL), 
                                                               Morton PTC Limited as Trustee of 
                                                               The Charles Trust (TCT), Morton PTC 
                                                               Limited as Trustee of The Charles 
                                                               Morton Family Trust (TCMFT), Seraffina 
                                                               Holdings Limited (SHL), Hawk Pension 
                                                               Fund Limited (HPFL) 
 City and country of registered office                        HIHL - St Peter Port, Guernsey 
  (if applicable)                                              RGL - Tortola, British Virgin Islands 
                                                               SHL - Tortola British Virgin Islands 
                                                               GL - Tortola British Virgin Islands 
                                                               HPFL - St Helier, Jersey 
 4. Full name of shareholder(s) (if different from 3.)(v) 
 Name                                                         Hawk Investment Holdings Limited 
                                                               Retro Grand Limited 
                                                               Seraffina Holdings Limited 
                                                               Groundlinks Limited 
                                                               Hawk Pension Fund Limited 
                                                             ----------------------------------------------- 
 City and country of registered office                        HIHL - St Peter Port, Guernsey 
  (if applicable)                                              RGL - Tortola, British Virgin Islands 
                                                               SHL - Tortola British Virgin Islands 
                                                               GL - Tortola British Virgin Islands 
                                                               HPFL - St Helier, Jersey 
                                                             ----------------------------------------------- 
 5. Date on which the threshold was                           25 June 2018 
  crossed or reached(vi) : 
                                                             ----------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):               7 September 2018 
                                                             ----------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting       % of voting rights      Total of both    Total number 
                            rights attached      through financial       in % (8.A +      of voting rights 
                            to shares (total        instruments              8.B)         of issuer(vii) 
                                of 8. A)           (total of 8.B 
                                                     1 + 8.B 2) 
                          ------------------  ----------------------  ----------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached               22.36%                                      22.36%            506,525,115 
                          ------------------  ----------------------  ----------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)              24.78%                                      24.78% 
                          ------------------  ----------------------  ----------------  -------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached(viii) 
 A: Voting rights attached to shares 
 Class/type of      Number of voting rights(ix)                              % of voting rights 
  shares 
  ISIN code (if 
  possible) 
                            Direct                      Indirect                      Direct                  Indirect 
                      (Art 9 of Directive         (Art 10 of Directive          (Art 9 of Directive     (Art 10 of Directive 
                          2004/109/EC)                2004/109/EC)             2004/109/EC) (DTR5.1)        2004/109/EC) 
                            (DTR5.1)                   (DTR5.2.1)                                            (DTR5.2.1) 
                                             ----------------------------- 
 GB00B71C7K21             74,929,077                                                  14.79% 
                             (HIHL) 
 
                           30,262,931                                                  5.98% 
                             (RGL) 
 
                            450,000                                                    0.09% 
                             (SHL) 
 
                           6,750,000                                                   1.33% 
                              (GL) 
 
                            850,000                                                    0.17% 
                             (HPFL) 
                   ------------------------  -----------------------------  -------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                           113,242,008                                             22.36% 
                   -------------------------------------------------------  ------------------------------------------------ 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration   Exercise/                            Number of voting                  % of voting 
  financial          date(x)      Conversion Period(xi)                rights that may                   rights 
  instrument                                                           be acquired if 
                                                                       the instrument 
                                                                       is 
                                                                       exercised/converted. 
                   -----------  -----------------------------------  --------------------------------  --------------------- 
 
 
 
                                 SUBTOTAL 8. B 1 
                                -----------------------------------  --------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of       Expiration        Exercise/               Physical or              Number of             % of voting 
  financial     date(x)           Conversion              cash                     voting rights         rights 
  instrument                      Period (xi)             settlement(xii) 
              ----------------  ----------------------  -----------------------  -------------------- 
 
 
 
                                                         SUBTOTAL 8.B.2 
                                                        -----------------------  -------------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer(xiii) 
 Full chain of controlled undertakings through which the voting rights                             x 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity(xiv) (please add additional 
  rows as necessary) 
          Name(xv)              % of voting rights      % of voting rights       Total of both if 
                                  if it equals or        through financial        it equals or is 
                                 is higher than the      instruments if it        higher than the 
                                notifiable threshold    equals or is higher     notifiable threshold 
                                                        than the notifiable 
                                                             threshold 
                              ----------------------  ---------------------  ------------------------ 
 MFT as sole shareholder 
  of HIHL. The Board 
  of Directors of 
  the Morton PTC are 
  Albany Directors 
  Limited, Mr Anthony 
  David Holt, Robert 
  Walter Morton (RWM) 
  and Susan Margaret 
  Howard Morton (SMHM). 
  The adult beneficiaries 
  of MFT are SMHM, 
  RWM, Charles Morton 
  (CNM), Edward Morton 
  (EGM) and Andrew 
  Morton (ARM).                0                       0                      0 
                              ----------------------  ---------------------  ------------------------ 
 HIHL                          14.79%                  0                      14.79% 
                              ----------------------  ---------------------  ------------------------ 
 
 
   TET as former sole 
   shareholder of RGL. 
   The ultimate beneficiary 
   of TET is EGM               0                       0                      0 
                              ----------------------  ---------------------  ------------------------ 
 TEMFT as sole shareholder 
  of RGL. The ultimate 
  beneficiary of TEMFT 
  is EGM                       0                       0                      0 
                              ----------------------  ---------------------  ------------------------ 
 RGL                           5.98%                   0                      5.98% 
                              ----------------------  ---------------------  ------------------------ 
 
 TCT as former sole 
  shareholder of SHL. 
  The ultimate beneficiary 
  of TCT is CNM.               0                       0                      0 
                              ----------------------  ---------------------  ------------------------ 
 TCMFT as sole shareholder 
  of SHL. The ultimate 
  beneficiary of TCMFT 
  is CNM.                      0                       0                      0 
                              ----------------------  ---------------------  ------------------------ 
 SHL                           0.09%                   0                      0.09% 
                              ----------------------  ---------------------  ------------------------ 
 
 TAT as former sole 
  shareholder of GL. 
  The ultimate beneficiary 
  of TAT is ARM.               0                       0                      0 
                              ----------------------  ---------------------  ------------------------ 
 TAMFT as sole shareholder 
  of GL. The ultimate 
  beneficiary of TAMFT 
  is ARM.                      0                       0                      0 
                              ----------------------  ---------------------  ------------------------ 
 GL                            1.33%                   0                      1.33% 
                              ----------------------  ---------------------  ------------------------ 
 
 HPFL - The ultimate 
  beneficiary of HPFL 
  is SMHM                      0.17%                   0                      0.17% 
                              ----------------------  ---------------------  ------------------------ 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder 
                                                      ----------------------------------------------- 
 The number and % of voting rights 
  held 
                                                      ----------------------------------------------- 
 The date until which the voting rights 
  will be held 
                                                      ----------------------------------------------- 
 
 11. Additional information(xvi) 
 This makes a small correction to the notice submitted to the FCA on 7(th) 
  September 2018 for boxes 8 and 9 in respect of Retro Grand Limited. 
 
 
 
 Place of completion   Guernsey, Channel Islands 
 Date of completion    10th September 2018 
                      -------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

HOLURRSRWRAKAAR

(END) Dow Jones Newswires

September 10, 2018 10:01 ET (14:01 GMT)

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