Notification of Major Interests in Shares
November 10 2010 - 6:21AM
UK Regulatory
TIDMITL
+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) |
+----------------------------------------------+-------------------------------+
|
+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying | |
|issuer | INTEC TELECOM SYSTEMS PLC |
|of existing shares to which voting rights are | |
|attached:(ii) | |
+----------------------------------------------+-------------------------------+
|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 | Morgan Stanley |
|the | (Institutional Securities Group and |
|notification obligation:(iii) | Global Wealth Management) |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s) | |
| (if different from 3.):(iv) | |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on| |
|which the threshold is crossed or | 08.11.2010 |
|reached:(v) | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: | 10.11.2010 |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or| 6% |
|reached:(vi, vii) | |
+--------------------------------------+---------------------------------------+
+-----------------------------------------------------------------------------------+
|8. Notified details: |
+-----------------------------------------------------------------------------------+
|A: Voting rights attached to shares (viii, ix) |
+------------+-----------------------+----------------------------------------------+
|Class/type |Situation previous |Resulting situation after the triggering |
|of |to the triggering |transaction |
|shares |transaction | |
| +----------+------------+----------+-------------------+---------------+
|if possible |Number |Number |Number |Number of voting |% of voting |
|using |of |of |of shares |rights |rights (x) |
|the ISIN | ares | ting +----------+----------+--------+------+--------+
|CODE | |Rights |Direct |Direct |Indirect|Direct|Indirect|
| | | | |(xi) |(xii) | | |
+------------+----------+------------+----------+----------+--------+------+--------+
| | | | | | | | |
| | | | | | | | |
|GB0006725062|16,501,537| 16,501,537 |18,937,791|18,937,791| |6.01% | |
+------------+ | | | | | | |
| | | | | | | | |
+------------+----------+------------+----------+----------+--------+------+--------+
+-----------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments |
+-----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+--------------+----------+------------------------+------------------+-------------+
|Type of |Expiration|Exercise/ |Number of voting |% of voting |
|financial |date(xiii)|Conversion Period(xiv) |rights that may be|rights |
|instrument | | |acquired if the | |
| | | |instrument is | |
| | | |exercised/ | |
| | | |converted. | |
+--------------+----------+------------------------+------------------+-------------+
| | | | | |
+--------------+----------+------------------------+------------------+-------------+
+-----------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial |
|Instruments (xv, xvi) |
+-----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+-------------+----------+----------+-------------+------------------+--------------+
|Type of |Exercise |Expiration|Exercise/ |Number of voting |% of voting |
|financial |price |date |Conversion |rights instrument |rights (xix, |
|instrument | |(xvii) |period(xviii)|refers to |xx) |
| | | | | | |
| | | | | | |
+-------------+----------+----------+-------------+------------------+-------+------+
| | | | | |Nominal|Delta |
| | | | | +-------+------+
| | | | | | | |
+-------------+----------+----------+-------------+------------------+-------+------+
+-----------------------------------------------------------------------------------+
|Total (A+B+C) |
+-------------------------------------+---------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+-------------------------------------+---------------------------------------------+
| 18,937,791 | 6.01% |
+-------------------------------------+---------------------------------------------+
+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable:(xxi) |
+------------------------------------------------------------------------------+
| |
| |
|Morgan Stanley Securities Ltd |
| 18,937,791 6.01% |
| |
| |
| |
| |
+------------------------------------------------------------------------------+
+------------------------------------------------------------------------------+
|Proxy Voting: |
+-----------------------------+------------------------------------------------+
|10. Name of the proxy holder:| N/A |
+-----------------------------+------------------------------------------------+
|11. Number of voting rights | |
|proxy holder will cease | N/A |
|to hold: | |
+-----------------------------+------------------------------------------------+
|12. Date on which proxy | |
|holder will cease to hold | N/A |
|voting rights: | |
+-----------------------------+------------------------------------------------+
+--------------------+---------------------------------------------------------+
| | |
|13. Additional | |
|information: | |
+--------------------+---------------------------------------------------------+
|14. Contact name: |David Lindsay |
+--------------------+---------------------------------------------------------+
|15. Contact |020 7677 5468 |
|telephone number: | |
+--------------------+---------------------------------------------------------+
[HUG#1461088]
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(i) the releases contained herein are protected by copyright and
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Intec Telecom Systems Plc via Thomson Reuters ONE
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