REG-Newton Investment Management Limited: Form 8.3 - Intec Telecom Systems PLC

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Wed Oct 6, 2010 4:48am EDT

FORM 8.3

 

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY 
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the "Code")

 

1.KEY INFORMATION

 (a) Identity of the person whose positions/dealings are being disclosed:                                                                      Newton Investment Management Limited & its subsidiaries  
 (b) Owner or controller of interests and short positions disclosed, if different from 1(a):                                                   N/A                                                      
         The naming of nominee or vehicle companies is insufficient                                                                                                                                     
 (c)        Name of offeror/offeree in relation to whose relevant securities this form relates:                                                Intec Telecom Systems PLC                                
  Use a separate form for each offeror/offeree                                                                                                                                                          
 (d)        If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:                   N/A                                                      
 (e) Date position held/dealing undertaken:                                                                                                    05/10/2010                                               
 (f)        Has the discloser previously disclosed, or are they today disclosing, under the Code in respect of any other party to this offer?  NO                                                       


NO

2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

 

(a)        Interests and short positions in the relevant securities of the offeror or
offeree to which the disclosure relates following the dealing (if any)

 Class of relevant security:                          Ord GBP 0.01                              
                                                      Interests           Short positions      
 Number                                               %          Number  %         
 (1) Relevant securities owned and/or controlled:     1,815,764  0.58                        
 (2)        Derivatives (other than options):                                                
 (3)        Options and agreements to purchase/sell:                                         
 TOTAL:                                               1,815,764  0.58                        


1,815,764

0.58

All interests and all short positions should be disclosed.

 

Details of any open derivative or option positions, or agreements to purchase or sell
relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

(b)        Rights to subscribe for new securities (including directors' and other
executive options)

 Class of relevant security in relation to which subscription right exists:     
 Details, including nature of the rights concerned and relevant percentages:    


Details, including nature of the rights concerned and relevant percentages:

If there are positions or rights to subscribe to disclose in more than one class of
relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as
appropriate) for each additional class of relevant security.

 

3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

 

(a)Purchases and sales

 Class of relevant security  Purchase/sale  Number of securities  Price per unit  
 Ord GBP 0.01                Sale           2,341,883             £ 0.745         


2,341,883

£ 0.745

(b)Derivatives transactions (other than options)

 Class of relevant security  Product description  Nature of dealing                                                                       Number of reference securities  Price per unit  
                             e.g. CFD             e.g. opening/closing a long/short position, increasing/reducing a long/short position                                                   
                                                                                                                                                                                          


(c)Options transactions in respect of existing securities

 

(i)Writing, selling, purchasing or varying

 Class of relevant security  Product description e.g. call option  Writing, purchasing, selling, varying etc.  Number of securities to which option relates  Exercise price per unit  Type                           Expiry date  Option money paid/ received per unit  
                                                                                                                                                                                      e.g. American, European etc.                                                      
                                                                                                                                                                                                                                                                        


(ii)Exercising

 Class of relevant security  Product description  Number of securities  Exercise price per unit  
                             e.g. call option                                                    
                                                                                                 


(d)        Other dealings (including subscribing for new securities)

 Class of relevant security  Nature of dealing               Details  Price per unit (if applicable)  
                             e.g. subscription, conversion                                            
                                                                                                      


The currency of all prices and other monetary amounts should be stated.

 

Where there have been dealings in more than one class of relevant securities of the
offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for
each additional class of relevant security dealt in.

 

4.OTHER INFORMATION

 

(a)Indemnity and other dealing arrangements

 Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:  
 If there are no such agreements, arrangements or understandings, state "none"                                                                                                                                                                                                                                                             
 None                                                                                                                                                                                                                                                                                                                                      


None

(b)        Agreements, arrangements or understandings relating to options or
derivatives

 Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:  
 (i)        the voting rights of any relevant securities under any option; or                                                                            
 (ii)        the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:                       
 If there are no such agreements, arrangements or understandings, state "none"                                                                           
 None                                                                                                                                                    


None

(c)Attachments

 Is a Supplemental Form 8 (Open Positions) attached?  NO  


NO

 Date of disclosure:  06th October 2010  
 Contact name:        Shane Daly         
 Telephone number:    020 7163 2835      


Telephone number:

020 7163 2835

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information
Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk 
mailto:monitoring@disclosure.org.uk  .  The Panel's Market Surveillance Unit is
available for consultation in relation to the Code's dealing disclosure requirements on
+44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk 
http://www.thetakeoverpanel.org.uk/  .

HUG#1449449

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The owner of this announcement warrants that:
(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: Newton Investment Management Limited via Thomson Reuters ONE

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