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 | |
|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 | 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| X |
|to qualifying financial instruments | |
+----------------------------------------------------------------------+-------+
|An event changing the breakdown of voting rights | |
+-----------------------+----------------------------------------------+-------+
|Other (please specify):| | |
+-----------------------+--------------+-------------------------------+-------+
|3. Full name of person(s) subject to | |
|the | BlackRock, Inc. |
|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 | 26(th) July 2010 |
| reached:(v) | |
+----------------------------------------+----------------------------+
| 6. Date on which issuer notified: | 28(th) July 2010 |
+----------------------------------------+----------------------------+
| 7. Threshold(s) that is/are crossed or | Holding has gone below 11% |
| 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|25,655,797|25,655,797 |N/A |N/A |25,488,788|N/A |8.10% |
+------------+----------+-----------+------------+------+----------+------+--------+
+----------------------------------------------------------------------------------+
|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. | |
+--------------+----------+-----------------------+------------------+-------------+
| | | | | |
+--------------+----------+-----------------------+------------------+-------------+
+----------------------------------------------------------------------------------+
|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 |
|CFD |N/A |N/A |N/A |8,360,215 +-------+------+
| | | | | |2.66% |2.66% |
+-------------+---------+----------+-------------+------------------+-------+------+
+----------------------------------------------------------------------------------+
|Total (A+B+C) |
+------------------------------------+---------------------------------------------+
|Number of voting rights |Percentage of voting rights |
+------------------------------------+---------------------------------------------+
|33,849,003 |10.75% |
+------------+++--------+-+--------+++-----------++-----+----------+++----+-+------+
+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable:(xxi) |
+------------------------------------------------------------------------------+
| |
|BlackRock Investment Management (UK) Limited - 33,849,003 (10.75%) |
+------------------------------------------------------------------------------+
+------------------------------------------------------------------------------+
|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 Monitoring Team |
|13. Additional information: | |
+-----------------------------+------------------------------------------------+
|14. Contact name: |Stuart Watchorn |
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:|020 7743 5741; stuart.watchorn@blackrock.com |
+-----------------------------+-------------------+----------------------------+
Note: Annex should only be submitted to the FSA not the issuer
--------------------------------------------------------------------------------
Annex: Notification of major interests in shares(xxii)
--------------------------------------------------------------------------------
+------------------------------------------------------------------------------+
|A: Identity of the persons or legal entity subject to the notification |
|obligation |
+---------------------------------+--------------------------------------------+
|Full name | |
|(including legal form of legal |BlackRock, Inc. |
|entities) | |
| | |
+---------------------------------+--------------------------------------------+
|Contact address | |
|(registered office for legal |33 King William Street, London, EC4R 9AS |
|entities) | |
| | |
+---------------------------------+--------------------------------------------+
|Phone number & email |020 7743 5741; stuart.watchorn@blackrock.com|
| | |
+---------------------------------+--------------------------------------------+
|Other useful information | |
|(at least legal representative |Stuart Watchorn |
|for legal persons) | |
| | |
+---------------------------------+--------------------------------------------+
|
+---------------------------------+--------------------------------------------+
|B: Identity of the notifier, if applicable |
+---------------------------------+--------------------------------------------+
|Full name | |
| | |
+---------------------------------+--------------------------------------------+
|Contact address | |
| | |
+---------------------------------+--------------------------------------------+
|Phone number & email | |
| | |
+---------------------------------+--------------------------------------------+
|Other useful information | |
|(e.g. functional relationship | |
|with the person or legal entity | |
|subject to the notification | |
|obligation) | |
+---------------------------------+--------------------------------------------+
+------------------------------------------------------------------------------+
|C: Additional information |
+------------------------------------------------------------------------------+
| |
+------------------------------------------------------------------------------+
For notes on how to complete form TR-1 please see the FSA website.
[HUG#1434750]
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(i) the releases contained herein are protected by copyright and
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(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
INTEC TELECOM SYSTEMS : Notification of Major Interest in Shares
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