31st Mar 2014 16:25
TELIT COMMUNICATIONS PLC
("Telit" or the "Company")
Director's Dealing
The Company announces that on 28 March 2014 Mr. Oozi Cats, its CEO and executive director, bought 5,802 ordinary shares of 1 pence each ("Ordinary Shares") at a price of 234 pence per share, 1,979 Ordinary Shares at a price of 236.75 pence per share, 3,161 Ordinary Shares at a price of 237 pence per share and 9,058 Ordinary Shares at a price of 237.25 pence per share.
Following these transactions, Mr. Cats will own or be directly interested in 22,700,357 Ordinary Shares, representing 20.64% of the issued share capital of the Company. As announced on 18 March 2014, following the proposed acquisition by Oozi Cats of 50% of Boostt B.V., Mr. Cats will own or be directly interested in 22,200,357 as a result of his no longer being interested in 500,000 Ordinary Shares held by Wireless Solution Management S.r.l..
For further information:
Telit Communications PLC | Tel: +39 06 4204601 |
Oozi Cats, CEO | |
Yosi Fait, Finance Director | |
Canaccord Genuity Limited Nominated Adviser Simon Bridges Peter Stewart Mo Mirza | Tel: +44 20 7523 8000 |
Related Shares:
TCM.L