3rd Mar 2017 14:15
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 | Porta 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): |
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3. Full name of person(s) subject to thenotification obligation: iii | Morton PTC Limited as Trustee of the Morton Family Trust (MFT) | |||
4. Full name of shareholder(s) (if different from 3.):iv | Hawk Investment Holdings Limited
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5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 02 March 2017 | |||
6. Date on which issuer notified: | 03 March 2017 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 17%, 18% | |||
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 | 53,203,965 | 53,203,965 |
60,157,648
|
60,157,648
| 18.68% | |||||||||||
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
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| Nominal | Delta | ||||||||||||||
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Total (A+B+C) | ||||||||||||||||
Number of voting rights
60,157,648 | Percentage of voting rights
18.68% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Hawk Investment Holdings Limited (HIHL) is 100% owned by Morton PTC Limited as Trustee of the Morton Family Trust.
The Board of Directors of the Morton PTC is Albany Directors Limited, Robert Walter Morton, Susan Margaret Howard Morton and Anthony David Holt.
The principal beneficiaries of the Morton Family Trust are Susan Margaret Howard Morton, Andrew Robert Morton, Edward George Morton, Charles Nicholas Morton and Robert Walter Morton.
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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: | ||
14. Contact name: | Nicky Chippendale | |
15. Contact telephone number: | 01481 724136 | |
Related Shares:
PTCM.L