5th Jul 2017 10:20
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i |
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | |||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||
An acquisition or disposal of voting rights | Porta Communications Plc | ||||
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): | |||||
3. Full name of person(s) subject to thenotification obligation: iii | |||||
4. Full name of shareholder(s) (if different from 3.):iv | Increase in issued share capital by issuer | X | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | Morton PTC Limited as Trustee of the Morton Family Trust (MFT), Hawk Investment Holdings Limited (HIHL)Retro Grand Limited (RGL), Seraffina Holdings Limited (SHL), Groundlinks Limited (GL) and Hawk Pension Fund Limited (HPFL). | ||||
6. Date on which issuer notified: | Hawk Investment Holdings Limited | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 14 June 2017 | ||||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
GB00B71C7K21 | 86,534,037 | 86,534,037 | 60,157,648 (HIHL)
18,326,389 (RGL)
450,000 (SHL)
6,750,000 (GL)
850,000 (HPFL)
| 60,157,648 (HIHL)
18,326,389 (RGL)
450,000 (SHL)
6,750,000 (GL)
850,000 (HPFL)
| 17.86
5.44
0.13
2.00
0.25 | |||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||||||||||
| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
86,534,037 | 25.69% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
HIHL holds 60,157,648 Porta Communications shares representing 17.86% of the voting rights. HIHL is owned by Morton PTC Limited as Trustee of the MFT. The Board of Directors of the Morton PTC are Albany Directors Limited, Mr Anthony David Holt, Mr Robert Walter Morton and Mrs Susan Margaret Howard Morton. The adult beneficiaries of the Morton Family Trust are Susan Margaret Howard Morton, Andrew Robert Morton, Edward George Morton, Charles Nicholas Morton and Robert Walter Morton.
RGL holds 18,326,389 shares representing 5.44% of the voting rights. The ultimate beneficiary of RGL is Edward George Morton.
SHL holds 450,000 shares representing 0.13% of the voting rights. The ultimate beneficiary of SHL is Charles Nicholas Morton.
GL holds 6,750,000 shares representing 2.00% of the voting rights. The ultimate beneficiary of GL is Andrew Robert Morton.
HPFL holds 850,000 shares representing 0.25% of the voting rights. The ultimate beneficiary of HPFL is Susan Margaret Howard Morton.
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | Albany Trustee Company Limited | |
14. Contact name: | Emma McIntosh | |
15. Contact telephone number: | 01481 724136 | |
Related Shares:
PTCM.L