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Holding(s) in Company

5th Jan 2017 11:30

RNS Number : 4538T
Telit Communications PLC
05 January 2017
 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Telit Communications Plc

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):

3. Full name of person(s) subject to thenotification obligation: iii

The Goldman Sachs Group, Inc.

4. Full name of shareholder(s)  (if different from 3.):iv

Goldman Sachs International

Goldman Sachs Asset Management, L.P.

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

02 January 2017

6. Date on which issuer notified:

04 January 2017

7. Threshold(s) that is/are crossed orreached: vi, vii

Above 6%

 

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

 

 

GB00B06GM726

Below 3%

Below 3%

852,272

0.74%

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

Stock Loan (Physical)

Open

442,085

0.38%

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date

Exercise/ Conversion period

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Refer to annexure

5,868,560

5.07%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

7,162,917

6.19%

 

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

 

-----------------The Goldman Sachs Group, Inc.; 7,162,917 shares; 6.19%

 

Goldman Sachs (UK) L.L.C. (Controlled by The Goldman Sachs Group, Inc.); 7,160,157 shares; 6.19%

Goldman Sachs Group UK Limited (Controlled by Goldman Sachs (UK) L.L.C.); 7,160,157 shares; 6.19%

Goldman Sachs International (Controlled by Goldman Sachs Group UK Limited); 7,160,157 shares; 6.19%

 

GSAM Holdings LLC (Controlled by The Goldman Sachs Group, Inc.)

Goldman Sachs Asset Management, L.P. (Controlled by GSAM Holdings LLC)

 

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

Please note, total amount of voting rights have been rounded to 2 decimal places therefore there is a possibility of a rounding error.

 

General email contact:

[email protected]

 

14. Contact name:

Joanna Foley

15. Contact telephone number:

+44 207 051 9996

 

 

 

 

 

Annexure A

Attached to notification of voting rights given in fulfilment of the obligations imposed by the FCA in accordance with DTR5 (including section 5.8.1). by The Goldman Sachs Group, Inc. dated 09 May 2016 for itself and its subsidiaries in relation to ITV plc

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date

Exercise/Conversion period

Number of voting rights instrument refers to

% of voting rights

Nominal

Delta

CFD

14-Nov-2025

432,141

0.37%

CFD

28-Jan-2026

337,964

0.29%

CFD

11-Feb-2026

2,053,991

1.78%

CFD

25-Mar-2026

276,620

0.24%

CFD

30-Sep-2026

102,750

0.09%

CFD

2-Oct-2026

107,537

0.09%

SWAP

18-Oct-2017

2,400

0.002%

SWAP

18-Oct-2017

3,400

0.003%

SWAP

18-Oct-2017

12,100

0.01%

SWAP

18-Oct-2017

17,600

0.02%

SWAP

18-Oct-2017

4,100

0.004%

SWAP

18-Oct-2017

6,100

0.01%

CFD

7-Oct-2026

56,956

0.05%

SWAP

17-Nov-2017

1,900

0.002%

SWAP

17-Nov-2017

2,800

0.002%

SWAP

17-Nov-2017

1,700

0.001%

SWAP

17-Nov-2017

2,500

0.002%

SWAP

17-Nov-2017

1,400

0.001%

SWAP

17-Nov-2017

2,000

0.002%

SWAP

17-Nov-2017

1,500

0.001%

SWAP

17-Nov-2017

2,200

0.002%

SWAP

17-Nov-2017

1,000

0.001%

SWAP

17-Nov-2017

1,600

0.001%

CFD

25-Nov-2026

2,325,488

2.01%

CFD

29-Dec-2017

8,745

0.01%

CFD

29-Dec-2017

24,123

0.02%

CFD

29-Dec-2017

34,190

0.03%

CFD

29-Dec-2017

43,756

0.04%

Total Number of voting rights and percentage of voting rights

5,868,560

5.07%

Additional information: Please note, total amount of voting rights have been rounded to 2 decimal places therefore there is a possibility of a rounding error.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLUVUARBWAARAR

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