Telit Communications PLC Holding(s) in Company (2612P)

TIDMTCM

RNS Number : 2612P

Telit Communications PLC

24 May 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 underlying issuer of                   Telit Communications Plc 
  existing shares to which voting 
  rights are at- tachedii: 
-------------------------------------------  ----------------------------------------------------------- 
 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                                                    X 
----------------------------------------------------------------------------------------  -------------- 
 An acquisition or disposal of financial instruments 
----------------------------------------------------------------------------------------  -------------- 
 An event changing the breakdown of voting rights 
----------------------------------------------------------------------------------------  -------------- 
 Other (please specify)iii: 
----------------------------------------------------------------------------------------  -------------- 
 3. Details of person subject to the notification obligationiv 
-------------------------------------------------------------------------------------------------------- 
 Name                                         Davide Renato Ugo Serra 
-------------------------------------------  ----------------------------------------------------------- 
 City and country of registered               n/a 
  office (if applicable) 
-------------------------------------------  ----------------------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.)v 
-------------------------------------------------------------------------------------------------------- 
 Name 
-------------------------------------------  ----------------------------------------------------------- 
 City and country of registered 
  office (if applicable) 
-------------------------------------------  ----------------------------------------------------------- 
 5. Date on which the threshold               23/05/2018 
  was crossed or reachedvi: 
-------------------------------------------  ----------------------------------------------------------- 
 6. Date on which issuer notified             24/05/2018 
  (DD/MM/YYYY): 
-------------------------------------------  ----------------------------------------------------------- 
 7. Total positions of person(s) subject to the notification 
  obligation 
-------------------------------------------------------------------------------------------------------- 
                               % of voting        % of voting                              Total number 
                                rights at-       rights through           Total of both     of voting 
                                tached to      financial instru-          in % (8.A         rights of 
                               shares (to-           ments                + 8.B)            is- suervii 
                                tal of 8.        (total of 8.B 
                                    A)             1 + 8.B 2) 
--------------------------  ---------------  --------------------  ---------------------  -------------- 
 Resulting 
  situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                   6.07%            -                     6.07%                  130,691,291 
--------------------------  ---------------  --------------------  ---------------------  -------------- 
 Position of 
  previous notification 
  (if applicable)              5.04%            -                     5.04% 
--------------------------  ---------------  --------------------  ---------------------  -------------- 
 
 

1

 
 8. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reachedviii 
-------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------------------------------------- 
 Class/type            Number of voting rightsix              % of voting rights 
  of shares 
  ISIN code (if 
  possible) 
--------------------  -------------------------------------  ------------------------------------------------- 
                            Direct              Indirect                   Direct                  Indirect 
                           (Art 9 of            (Art 10 of           (Art 9 of Directive           (Art 10 of 
                           Directive            Directive               2004/109/EC)               Directive 
                          2004/109/EC)         2004/109/EC)               (DTR5.1)                2004/109/EC) 
                            (DTR5.1)            (DTR5.2.1)                                         (DTR5.2.1) 
-------------------   -----------------  ------------------  -----------------------------  ------------------ 
 GB00B06GM726          7,938,223          -                   6.07%                          - 
--------------------  -----------------  ------------------  -----------------------------  ------------------ 
 
 
 SUBTOTAL 8. 
  A                                             7,938,223                                         6.07% 
--------------------  -------------------------------------  ------------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) 
  of Directive 2004/109/EC (DTR5.3.1.1 (a)) 
-------------------------------------------------------------------------------------------------------------- 
                                                              Number of voting 
   Type of financial     Expiration        Exercise/           rights that                     % of voting 
   in- strument          datex             Conversion          may be acquired                 rights 
                                           Periodxi            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         Number 
  financial            datex              Conversion          or cash           of voting      % of voting 
  instrument                              Pe- riod            settlementxii     rights         rights 
                                          xi 
-------------------  ------------------  ------------------  ---------------  ------------  ------------------ 
 
 
 
                                                              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                                        X 
  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) 
  issuerxiii 
---------------------------------------------------------------------------  ------------------------- 
 Full chain of controlled undertakings through which 
  the voting rights and/or the 
  financial instruments are effectively held starting 
  with the ultimate controlling natural person or legal 
  entityxiv (please add additional rows as necessary) 
---------------------------------------------------------------------------  ------------------------- 
                             % of voting rights       % of voting rights            Total of both 
                                if it equals           through financial             if it equals 
                 Namexv         or is higher             in- struments               or is higher 
                             than the notifiable         if it equals             than the notifiable 
                                  threshold              or is higher                  threshold 
                                                      than the notifiable 
                                                           threshold 
-----------------------  -----------------------  -----------------------  --------------------------- 
 
 
 
 
 
 
 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 informationxvi 
------------------------------------------------------------------------------------------------------ 
 
 
 
 
 Place of completion   London 
--------------------  ----------- 
 Date of completion    24/05/2018 
--------------------  ----------- 
 

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 [e-mail] or visit www.rns.com.

END

HOLUSRBRWSAVUAR

(END) Dow Jones Newswires

May 24, 2018 13:07 ET (17:07 GMT)