NOTIFICATION OF MAJOR INTEREST IN SHARES
09 Novembre 2010 - 4:47PM
UK Regulatory
TIDMITL
For filings with the FSA include the annex
For filings with issuer exclude the annex
+------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+------------------------------------------------+
+----------------------------------------------------+-------------------------+
|1. Identity of the issuer or the underlying issuer | |
|of existing shares to which voting rights are |Intec Telecom Systems Plc|
|attached: | |
+----------------------------------------------------+-------------------------+
+------------------------------------------------------------------------------+
|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 notification obligation: | (Institutional Securities and Global |
| | Wealth Management) |
+---------------------------------------+--------------------------------------+
|4. Full name of shareholder(s) (if | |
|different from 3.): | |
+---------------------------------------+--------------------------------------+
|5. Date of the transaction and date on | |
|which the threshold is crossed or | 04.11.2010 |
|reached: | |
+---------------------------------------+--------------------------------------+
|6. Date on which issuer notified: | 09.11.2010 |
+---------------------------------------+--------------------------------------+
|7. Threshold(s) that is/are crossed or | 5% |
|reached: | |
+---------------------------------------+--------------------------------------+
+---------------------------------------------------------------------------------+
|8. Notified details: |
+---------------------------------------------------------------------------------+
|A: Voting rights attached to shares |
+------------+---------------------+----------------------------------------------+
|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 |
|the ISIN |Shares |Voting +----------+----------+--------+------+--------+
|CODE | |Rights |Direct |Direct |Indirect|Direct|Indirect|
+------------+----------+----------+----------+----------+--------+------+--------+
| | | | | | | | |
| | | | | | | | |
| | | | | | | | |
|GB0006725062|13,501,537|13,501,537|16,501,537|16,501,537| |5.24% | |
+------------+----------+----------+----------+----------+--------+------+--------+
+-------------------------------------------------------------------------+
|B: Qualifying Financial Instruments |
+-------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+-----------------+----------+----------+---------------------+-----------+
|Type of financial|Expiration|Exercise/ |Number of voting |% of voting|
|instrument |date |Conversion|rights that may be |rights |
| | |Period |acquired if the | |
| | | |instrument is | |
| | | |exercised/ converted.| |
+-----------------+----------+----------+---------------------+-----------+
| | | | | |
+-----------------+----------+----------+---------------------+-----------+
+------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial |
|Instruments |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+---------------+--------+----------+----------+--------------+----------------+
|Type of |Exercise|Expiration|Exercise/ |Number of |% of voting |
|financial |price |date |Conversion|voting |rights |
|instrument | | |period |rights | |
| | | | |instrument | |
| | | | |refers to | |
+---------------+--------+----------+----------+--------------+-------+--------+
| | | | | |Nominal|Delta |
| | | | | +-------+--------+
| | | | | | | |
+---------------+--------+----------+----------+--------------+-------+--------+
+-------------------------------------------------------+
| Total (A+B+C) |
+-------------------------+-----------------------------+
| Number of voting rights | Percentage of voting rights |
+-------------------------+-----------------------------+
| 16,501,537 | 5.24% |
+-------------------------+-----------------------------+
+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable: |
+------------------------------------------------------------------------------+
| |
|Morgan Stanley Securities Ltd |
|16,501,537 5.24% |
+------------------------------------------------------------------------------+
+------------------------------------------------------+
| Proxy Voting: |
+-----------------------------------------------+------+
| 10. Name of the proxy holder: | N/A |
+-----------------------------------------------+------+
| 11. Number of voting rights proxy holder will | N/A |
| cease to hold: | |
+-----------------------------------------------+------+
| 12. Date on which proxy holder will cease to | N/A |
| hold voting rights: | |
+-----------------------------------------------+------+
+-------------------------------+----------------+
| 13. Additional information: | |
+-------------------------------+----------------+
| 14. Contact name: | David Lindsay |
+-------------------------------+----------------+
| 15. Contact telephone number: | 020 7677 5468 |
+-------------------------------+----------------+
[HUG#1460591]
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(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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