27th Sep 2007 12:07
Telit Communications PLC27 September 2007 Telit Communications PLC (the "Company" or "Telit") Director Shareholding and Holding(s) in Company Mr. Oozi Cats, the Chief Executive Officer and a director of the Company,purchased 50,000 ordinary shares in the Company ("Ordinary Shares") at 72p perOrdinary Share on 26 September 2007. Mr. Cats now directly holds 2,850,357Ordinary Shares, representing 6.60% of the issued share capital of the Company. Mr. Cats also holds 50% of the issued share capital of Boostt B.V. ("Boostt").Boostt, along with its parent companies Franco Bernabe & TSL ("FBT") and FB NetHolding B. V. ("FB Net") holds 13,500,000 Ordinary Shares, representing 31.24%of the issued share capital of the Company. Mr. Cats has certain voting understandings with certain members of the FB Netgroup of companies. Therefore, the FB Net group of companies and Mr. Cats are,in aggregate, currently interested in 16,350,357 Ordinary Shares, representing37.84% of the issued share capital of the Company. For further information: Telit Communications PLC Tel: +972 (3) 7914040Maya Lustig, VP Investor Relations [email protected] Seymour Pierce Limited Tel: +44 (0) 20 7107 8000Stuart Lane http://www.seymourpierce.com The Global Consulting Group Tel: +44 (0) 20 7826 2600Jonathan Shillington [email protected] Sapeika [email protected] http://www.hfgcg.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
TCM.L