For filings with the FSA include the
annex
For filings with issuer exclude the
annex
+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
+------------------------------------------------------------------------------+
+---------------------------------------------+--------------------------------+
|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 | |
+-----------------------------------------------------------------------+------+
|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 | x |
|to qualifying financial instruments | |
+-----------------------------------------------------------------------+------+
|An event changing the breakdown of voting rights | |
+-----------------------------------------------------------------------+------+
|Other (please specify): | |
+--------------------------------------+--------------------------------+------+
|3. Full name of person(s) subject to | BlackRock UK Emerging Companies Hedge |
|the | Fund |
|notification obligation: iii | |
+--------------------------------------+---------------------------------------+
|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 | 16th April 2010 |
|reached: v | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: | 19th April 2010 |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or| Holding has gone above 3% |
|reached: vi, vii | |
+--------------------------------------+---------------------------------------+
+------------------------------------------------------------------------------+
|8. Notified details: |
+------------------------------------------------------------------------------+
|A: Voting rights attached to shares viii, ix |
+-------------+----------------------+-----------------------------------------+
|Class/type of|Situation previous |Resulting situation after the triggering |
|shares |to the triggering |transaction |
| |transaction | |
|if possible +----------+-----------+---------+---------------+---------------+
|using |Number |Number |Number |Number of |% of voting |
|the ISIN CODE|of |of |of shares|voting |rights x |
| |Shares |Voting | |rights | |
| | |Ri hts +---------+------+--------+------+--------+
| | | |Direct |Direct|Indirect|Direct|Indirect|
| | | | |xi |xii | | |
+-------------+----------+-----------+---------+------+--------+------+--------+
|GB0006725062 |N/A |N/A |N/A |N/A |N/A |N/A |N/A |
+-------------+----------+-----------+---------+------+--------+------+--------+
+------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+---------------+-----------+-------------------+----------------+-------------+
|Type of |Expiration |Exercise/ |Number of voting|% of voting |
|financial |date xiii |Conversion Period |rights that may |rights |
|instrument | |xiv |be | |
| | | |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 xvii |Conversion|rights |rights xix, xx|
|instrument | | |period |instrument | |
| | | |xviii |refers to | |
| | | | | | |
+--------------+---------+----------+----------+----------------+-------+------+
| | | | | |Nominal|Delta |
|CFD |N/A |N/A |N/A |9,557,933 +-------+------+
| | | | | |3.04% |3.04% |
+--------------+---------+----------+----------+----------------+-------+------+
+------------------------------------------------------------------------------+
|Total (A+B+C) |
+-------------------------------------+----------------------------------------+
|Number of voting rights |Percentage of voting rights |
+-------------------------------------+----------------------------------------+
|9,557,933 |3.04% |
+-------------------------------------+----------------------------------------+
+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable: xxi |
+------------------------------------------------------------------------------+
| |
+------------------------------------------------------------------------------+
+------------------------------------------------------------------------------+
|Proxy Voting: |
+-------------------------------------------------+----------------------------+
|10. Name of the proxy holder: | |
+-------------------------------------------------+----------------------------+
|11. Number of voting rights proxy holder will | |
|cease | |
|to hold: | |
+-------------------------------------------------+----------------------------+
|12. Date on which proxy holder will cease to hold| |
|voting rights: | |
+-------------------------------------------------+----------------------------+
+-----------------------------+------------------------------------------------+
| |BlackRock Threshold Reporting Team |
|13. Additional information: | |
+-----------------------------+------------------------------------------------+
|14. Contact name: |Stuart Watchorn |
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:|020 7743 5741; stuart.watchorn@blackrock.com |
+-----------------------------+------------------------------------------------+
[HUG#1405726]