Notification of Major Interest in Shares
October 29 2010 - 7:25AM
UK Regulatory
TIDMITL
+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+----------------------------------------------+-------------------------------+
|
+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying | |
|issuer | INTEC TELECOM SYSTEMS PLC |
|of existing shares to which voting rights are | (ISIN GB0006725062) |
|attached:(ii) | |
+----------------------------------------------+-------------------------------+
|2 Reason for the notification (please tick the appropriate box or boxes): |
+-----------------------------------------------------------------+------------+
|An acquisition or disposal of voting rights | Yes |
+-----------------------------------------------------------------+------------+
|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 | ING Bank NV |
|notification obligation:(iii) | |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s) | |
| (if different from 3.):(iv) | |
| | N/A |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on| |
|which the threshold is crossed or | 28(th) October 2010 |
|reached:(v) | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: | 29(th) October 2010 |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or| Increase over 3% |
|reached:(vi, vii) | |
+--------------------------------------+---------------------------------------+
|8. Notified details: | Increase over 3% |
+-----------------------+--------------+-------+------------------+------------+
+------------------------------------------------------------------------------+
|A: Voting rights attached to shares (viii, ix) |
+------------+---------------+-------------------------------------------------+
|Class/type |Situation |Resulting situation after the triggering |
|of |previous |transaction |
|shares |to the | |
| |triggering | |
|if possible |transaction | |
|using +-------+-------+----------+---------------------+----------------+
|the ISIN |Number |Number |Number |Number of voting |% of voting |
|CODE |of |of |of shares |rights |rights (x) |
| | hares |Voti g +----------+-----------+---------+------+---------+
| | |Rights | |Direct (xi)|Indirect |Direct|Indirect |
| | | | | |(xii) | | |
+------------+-------+-------+----------+-----------+---------+------+---------+
| | | | | | | | |
|Ordinary |Below |Below |10,000,000| | | | |
|shares |3% |3% | |10,000,000 |0 |3.17% | 0 |
| | | | | | | | |
+------------+-------+-------+----------+-----------+---------+------+---------+
+------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+-------------+-----------+---------------+--------------------+---------------+
|Type of |Expiration |Exercise/ |Number of voting |% of voting |
|financial |date(xiii) |Conversion |rights that may be |rights |
|instrument | |Period(xiv) |acquired if the | |
| | | |instrument is | |
| | | |exercised/ | |
| | | |converted. | |
+-------------+-----------+---------------+--------------------+---------------+
|N/A |N/A |N/A |N/A |N/A |
+-------------+-----------+---------------+--------------------+---------------+
+------------------------------------------------------------------------------+
|Total (A+B+C) |
+-----------------------------+------------------------------------------------+
|Number of voting rights |Percentage of voting rights |
+-----------------------------+------------------------------------------------+
| | |
|10,000,000 |3.17 |
| | |
+------------++------+----+--++---------+-+---------+---------++-----+---------+
+--------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or|
|the |
|financial instruments are effectively held, if applicable:(xxi) |
+--------------------------------------------------------------------------+
| |
|N/A |
+--------------------------------------------------------------------------+
+--------------------------------------------------------------------------+
|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: |Angela Ulyatt |
+-----------------------------+--------------------------------------------+
|15. Contact telephone number:|020 7767 6340 |
+-----------------------------+-------------------+------------------------+
[HUG#1457169]
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(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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