8th Jul 2014 09:10
LONDON (Alliance News) - Telit Communications PLC Tuesday said Chief Executive Officer Oozi Cats bought 200,000 shares at 215 pence per share.
Following this transaction, Cats holds 22.8 million shares, which represents 20.1% of the issued share capital.
The company also said Jeopal Ltd, a company connected to Finance Director Yosi Fait, bought 50,000 shares at the same price.
Fait owns or is directly interested in 315,000 shares, representing 0.3% of the issued share capital.
The company's shares were up 1.5% at 215.00p Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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