Telit Communications PLC Holding(s) in Company (2528X)
August 08 2018 - 11:54AM
UK Regulatory
TIDMTCM
RNS Number : 2528X
Telit Communications PLC
08 August 2018
TR-1: Standard form for notification of major holdings
1a. Identity of the issuer or the underlying
issuer of existing shares to which voting Telit Communications PLC (AIM: TCM)
rights are attachedii:
1b. Please indicate if the issuer is a non-UK issuer (please mark with
an "X" if appropriate)
Non-UK issuer
------------------
2. Reason for the notification (please mark the appropriate box or boxes
with an "X")
An acquisition or disposal of voting rights X
------------------
An acquisition or disposal of financial instruments
------------------
An event changing the breakdown of voting rights
------------------
Other (please specify)iii:
------------------
3. Details of person subject to the notification obligationiv
Name Ibex Investors LLC
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City and country of registered office Denver, CO, USA
(if applicable)
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4. Full name of shareholder(s) (if different from 3.)v
Ibex Israel Fund LLLP Ibex Microcap
Name Fund LLLP Ibex Driverless Fund LP
------------------------------------------------------------------
Wilmington, DE, USA Wilmington, DE,
City and country of registered office USA Dover, DE, USA
(if applicable)
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5. Date on which the threshold was crossed
or reachedvi: 06/08/2018
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6. Date on which issuer notified 08/08/2018
(DD/MM/YYYY):
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7. Total positions of person(s) subject to the notification obligation
% of voting rights % of voting rights Total number
attached to shares through financial Total of both of voting rights
(total of 8. A) in- struments in % (8.A + 8.B) of issuervii
(total of 8.B 1
+ 8.B 2)
--------------------- ---------------------- ---------------------- ------------------
Resulting situation
on the date on
which threshold
was crossed or
reached 7.02% 7.02% 130,691,291
--------------------- ---------------------- ---------------------- ------------------
Position of previous
notification (if
applicable) 6.05% 6.05%
8. Notified details of the resulting situation on the date on which the
threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of Number of voting rightsix % of voting rights
shares
ISIN code (if
possible)
------------------------------------------------ ---------------------------------------------------
Direct Indirect Direct Indirect
(Art 9 of Directive (Art 10 of Directive (Art 9 of Directive (Art 10 of Directive
2004/109/EC) 2004/109/EC) 2004/109/EC) 2004/109/EC)
(DTR5.1) (DTR5.2.1) (DTR5.1) (DTR5.2.1)
--------------------- ------------------------- ------------------------ -------------------------
GB00B06GM726 9,180,492 7.02%
--------------------- ------------------------- ------------------------ -------------------------
SUBTOTAL 8. A 9,180,492 7.02%
------------------------------------------------ ---------------------------------------------------
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
(DTR5.3.1.1 (a))
Number of voting
Type of financial Expiration Exercise/ Conversion rights that may be % of voting rights
instrument datex Periodxi acquired if the instrument
is exercised/converted.
------------- ----------------------- ---------------------------- ---------------------
SUBTOTAL 8. B 1
----------------------- ---------------------------- ---------------------
B 2: Financial Instruments with similar economic effect according to Art.
13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial Expiration Exercise/ Conversion Physical or Number of
instrument datex Period xi cash settlementxii voting rights % of voting rights
----------- --------------------- -------------------- --------------- ---------------------
SUBTOTAL 8.B.2
----------- --------------------- -------------------- --------------- ---------------------
9. Information in relation to the person subject to the notification obligation
(please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by
any natural person or legal entity and does not control any other
undertaking(s) holding directly or indirectly an interest in the (underlying)
issuerxiii
----------------------------
Full chain of controlled undertakings through which the voting rights
and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entityxiv (please add additional
rows as necessary)
Ibex Investors LLC is the investment adviser of the investment funds
listed below. The total disclosable holding for Ibex Investors LLC
is 9,180,492 shares (7.02% of voting rights).
----------------------------
% of voting rights % of voting rights Total of both if
if it equals or is through financial it equals or is higher
Namexv higher than the notifiable in- struments if than the notifiable
threshold it equals or is higher threshold
than the notifiable
threshold
------------------------------- -------------------------- ----------------------------
Ibex Israel Fund
LLLP 5.43%
------------------------------- -------------------------- ----------------------------
Ibex Microcap Fund
LLLP 0.31%
------------------------------- -------------------------- ----------------------------
Ibex Driverless Fund
LP 1.28%
------------------------------- -------------------------- ----------------------------
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights
will be held
Place of completion Denver, CO, USA
Date of completion 08/08/2018
----------------
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END
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