Telit Communications PLC Holding(s) in Company (9575N)

TIDMTCM

RNS Number : 9575N

Telit Communications PLC

14 August 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 1. Identity of the issuer or                                                                      Telit 
  the underlying issuer of existing                                                                Communications 
  shares to which voting rights                                                                    Plc 
  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): 
--------------------------------------------------------  ------------------------------------------------------- 
                                                           Davide Renato Ugo Serra 
   3. Full name of person(s) 
   subject to the notification 
   obligation: iii 
--------------------------------------------------------  ------------------------------------------------------- 
 
    4. Full name of shareholder(s) 
    (if different from 3.):iv 
--------------------------------------------------------  ------------------------------------------------------- 
 5. Date of the transaction 
  and date on which the threshold                                                                  10 August 2017 
  is crossed or reached: v 
--------------------------------------------------------  ------------------------------------------------------- 
 6. Date on which issuer notified:                                                                 14 August 2017 
--------------------------------------------------------  ------------------------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or reached: vi, vii                                                                              3%, 4% 
--------------------------------------------------------  ------------------------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares viii, ix 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                  Resulting situation after the 
  of shares       to the triggering                   triggering transaction 
                  transaction 
  if possible 
  using the 
  ISIN CODE 
--------------  ----------------------------------  ---------------------------------------------------------------------- 
                 Number            Number            Number          Number of voting             % of voting 
                  of Shares         of Voting         of shares       rights                       rights x 
                                    Rights 
--------------  ----------------  ----------------  --------------  ---------------------------  ------------------------- 
                                                     Direct          Direct          Indirect     Direct        Indirect 
                                                                      xi              xii 
--------------      ------------    ------------    --------------  --------------  -----------  ------------  ----------- 
 
 
 
  GB00B06GM726    3,652,882          3,652,882         5,198,782      5,198,782                    4.00% 
--------------  ----------------  ----------------  --------------  --------------  -----------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration      Exercise/ Conversion              Number of voting               % of voting 
  instrument          date xiii       Period xiv                        rights that                    rights 
                                                                        may be acquired 
                                                                        if the instrument 
                                                                        is exercised/ 
                                                                        converted. 
------------------  --------------  --------------------------------  -----------------------------  --------------------- 
 
 
 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 voting               % of voting 
 financial          price          date xvii       Conversion         rights instrument              rights xix, 
 instrument                                        period             refers to                      xx 
                                                   xviii 
----------------  --------------  --------------  ----------------  -----------------------------  ----------------------- 
                                                                                                    Nominal       Delta 
----------------  --------------  --------------  ----------------  -----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  -------------------------------------------------------------------- 
 5,198,782                                             4.00% 
----------------------------------------------------  -------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the financial instruments are effectively 
  held, if applicable: xxi 
------------------------------------------------------------------------------------------------------------------------------ 
 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------------------------------------------ 
 10. Name of the proxy holder: 
----------------------------------------------------------  ------------------------------------------------------------------ 
 11. Number of voting rights proxy 
  holder will cease to hold: 
----------------------------------------------------------  ------------------------------------------------------------------ 
 12. Date on which proxy holder will 
  cease to hold voting rights: 
----------------------------------------------------------  ------------------------------------------------------------------ 
 
 
   13. Additional information: 
----------------------------------------------------------  ------------------------------------------------------------------ 
 14. Contact name:                                                                                                   Giancarlo 
                                                                                                                     Bollero 
----------------------------------------------------------  ------------------------------------------------------------------ 
 15. Contact telephone number:                                                                                   0203 196 2450 
----------------------------------------------------------  ------------------------------------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 14, 2017 11:05 ET (15:05 GMT)