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CORRECT: Telit Chairman And Finance Director Buy Shares

24th Oct 2018 14:28

(The company issued a correction stating that Yariv Dafna holds 58,000 shares in the company.)

LONDON (Alliance News) - Telit Communications said last Wednesday its Chairman Paolo Dal Pino and Finance Director Yariv Dafna bought shares in the company in separate transactions last Tuesday.

Dal Pino acquired 150,000 shares at 162.26 pence each for GBP243,390. Following the deal he held 205,000 shares, representing 0.16% of the firm.

Dafna bought 25,000 shares at 164p for a total of GBP41,000. His beneficial holding, following the deal, was 58,000 shares.

Telit shares were trading up 1.7% at 164.50p on Wednesday.


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