Top Movers

Company Announcements

Correction - Holding(s) in Company

Related Companies

RNS Number : 4651T
Telit Communications PLC
05 January 2017
 

Correction - Holding(s) in Company

 

This announcement replaces the RNS announcement 4538T, which was published on 5 January 2017. This announcement is being made to correct Annexure A which previously incorrectly stated the issuer as being ITV Plc rather than Telit Communications Plc.

 

The corrected announcement is included below.

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

 

 

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
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 the
notification 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 on
which the threshold is crossed or
reached:
v

02 January 2017

6. Date on which issuer notified:

04 January 2017

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

Above 6%

         
 

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% 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 financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

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 the
financial 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:

shareholderdisclosures@gs.com

 

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 04 January 2017 for itself and its subsidiaries in relation to Telit Communications 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
 
 
HOLLLFIVLVIEIID

Top of Page