4th Mar 2009 16:02
Telit Communications plc
("Telit" or "the Company")
RESPONSE TO DROP IN SHARE PRICE
Telit Communications plc (AIM: TCM), the global wireless communications developer and distributor, notes the significant drop in its share price on 04 March 2009 and is not aware of any operational or other issues that would justify such a fall. The Company's management is focused on the implementation of its business plan and plans to announce its preliminary results for the year ending December 2008 on or around the 31 March 2009.
ENQUIRIES:
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Telit Communications plc |
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Michael Galai, Finance Director |
Tel: 00 972 3 7914040 |
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www.telit.com |
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Seymour Pierce |
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Stuart Lane, Corporate Finance |
Tel: +44 (0) 20 7107 8000 |
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www.seymourpierce.com |
Related Shares:
TCM.L