INTEC TELECOM SYSTEMS PLC 
By
For filings with the FSA include the |
annex |
----------------------------------------+---------------------------------------
For filings with issuer exclude the |
annex |
----------------------------------------+---------------------------------------
+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) |
+---------------------------------------------+--------------------------------+
|
+---------------------------------------------+--------------------------------+
|1. Identity of the issuer or the underlying | Intec Telecom Systems Plc |
|issuer | |
|of existing shares to which voting rights are|GB0006725062 |
|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 | |
|the |Norges Bank |
|notification obligation:(iii) | |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s) |N/A |
| (if different from 3.):(iv) | |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on| |
|which the threshold is crossed or |27(th) July 2010 |
|reached:(v) | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: |28(th) July 2010 |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or|4% |
|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 |V ting +------------+----------+--------+------+--------+
|CODE | |Rights |Direct |Direct |Indirect|Direct|Indirect|
| | | | |(xi) |(xii) | | |
+------------+----------+-----------+------------+----------+--------+------+--------+
| | | | | | | | |
| | | | | | | | |
|GB0006725062|10,253,476|10,253,476 |12,753,476 |12,753,476| |4.05% | |
+------------+ | | | | | | |
| | | | | | | | |
+------------+----------+-----------+------------+----------+--------+------+--------+
+------------------------------------------------------------------------------------+
|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. | |
+--------------+----------+-----------------------+--------------------+-------------+
|N/A |N/A |N/A |N/A |N/A |
+--------------+----------+-----------------------+--------------------+-------------+
+------------------------------------------------------------------------------------+
|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 |
|N/A |N/A |N/A |N/A |N/A +-------+------+
| | | | | |N/A |N/A |
+-------------+---------+----------+-------------+--------------------+-------+------+
+------------------------------------------------------------------------------------+
|Total (A+B+C) |
+------------------------------------+-----------------------------------------------+
|Number of voting rights |Percentage of voting rights |
+------------------------------------+-----------------------------------------------+
|12,753,476 |4.05% |
+------------+++--------+-+--------+++-----------++---------+--------+++----+-+------+
+--------------------------------------------------------------------------+
|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: |Norges Bank |
+-------------------------------------------------+------------------------+
|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: |None |
+-----------------------------+--------------------------------------------+
|14. Contact name: |Jonas Lexmark |
+-----------------------------+--------------------------------------------+
|15. Contact telephone number:|+47 24 07 31 34 |
+-----------------------------+-------------------+------------------------+
[HUG#1434482]
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Source: Intec Telecom Systems Plc via Thomson Reuters ONE
INTEC TELECOM SYSTEMS : Notification of Major Interest in Shares
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