The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMti Wireless Share News (MWE)

Share Price Information for Mti Wireless (MWE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 42.00
Bid: 41.00
Ask: 43.00
Change: 0.00 (0.00%)
Spread: 2.00 (4.878%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 42.00
MWE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

DIRECTOR DEALINGS: Vela buys shares from MTI Wireless Edge senior team

Thu, 25th Mar 2021 15:26

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

----------

Lloyds Banking Group PLC - London-based lender - Vim Maru, director of Retail, sells 1.0 million shares at average GBP0.42, worth GBP415,675, on Wednesday. Andrew Walton, corporate affairs director, sells 220,411 shares at the same price, worth GBP91,484, also on Wednesday. Maru continues to hold 5.9 million shares and Walton 790,269.

----------

MTI Wireless Edge Ltd - Israel-based communication and radio frequency solutions firm - Senior management, including Non-Executive Chair Zvi Borovitz and Chief Executive Officer Moni Borovitz, sell 3.7 million at 80p, worth GBP3.0 million. Says sales were to institutional and other investors following a series of investor meetings organised by MTI's brokers, Allenby Capital Ltd and Peterhouse Capital Ltd. Mokirei Aya Ltd, a company controlled by the Borovitz family, now is interested in 26.4 million shares, a 29.8% stake. Zvi Borovitz and Moni Borovitz also are directly interested in 1.1 million and 371,254 shares respectively, and these holdings remain unchanged. Separately, Vela Technologies PLC says it bought 250,000 of the MTI shares, a 0.3% stake, spending GBP200,000 from existing cash reserves.

----------

Ncondezi Energy Ltd - coal-fired power project in Mozambique - Issues 4.4 million new shares to employees and contractors in lieu of deferred salaries, bonuses and contractor, adviser and consultant fees. Of these, CEO Hanno Pengilly subscribes for 3.2 million shares, paying 4.5p each for 2.0 million shares and 3.0p each for 1.2 million for a total of GBP126,000. Separately, Ncondezi says tariff negotiations continue for the Tete project, and it awaits formal feedback from Electricidade de Moçambique and the Mozambique government following its submission of studies in December. It adds that partner China Machinary Engineering Corp has reiterated its support for the project.

----------

Capital Ltd - Mauritius-based drilling and mining services - Executive Chair Jamie Boyton buys 225,000 shares at 65p, worth GBP146,250, on Wednesday.

----------

Elementis PLC - London-based speciality chemicals - Non-Executive Director John O'Higgins buys 60,000 shares at GBP1.20, worth GBP72,192, on Tuesday.

----------

accesso Technology Group PLC - Berkshire-headquartered software firm for leisure and entertainment markets - CEO Steve Brown buys 13,000 shares at average 575p, worth GBP74,750, on Tuesday. Now has 678,774 shares, a 1.7% stake.

----------

Johnson Service Group PLC - Cheshire-based textile rental - Non-Executive Director Jock Lennox buys 32,000 shares at 156.00 pence, worth GBP49,920, on Wednesday. The purchase is his only holding.

----------

Centamin PLC - Egyptian gold miner - CEO Martin Horgan buys 25,000 shares at GBP1.05, worth GBP26,125, on Thursday. Now has 41,405 shares.

----------

Zenith Energy Ltd - oil & gas production company focused on Africa - CEO Andrea Cattaneo buys 3.5 million shares at NOK0.12, worth NOK423,500, about GBP35,786, on Wednesday. Cattaneo now has 61.5 million shares, a 5.3% stake.

----------

Blackbird PLC - London-based cloud video editing platform - Chief Operating & Financial Officer Stephen White buys 28,637 shares at 25.29p, worth GBP7,242, on Wednesday. Now owns 335,970 shares.

----------

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
3 Aug 2016 14:55

MTI Wireless Edge revenues rise on acquisition

(ShareCast News) - Flat panel broadband antenna manufacturer MTI Wireless Edge announced its unaudited results for the six months to 30 June on Wednesday, with revenue increasing 41% year-on-year to $11.3m, from $8.0m, due to the acquisition of Mottech. The AIM-traded firm also boasted a strong seco

Read more
14 Jun 2016 07:47

MTI Wireless Edge Wins USD1.8 Million Military Antennas Contract

Read more
18 May 2016 07:58

MTI Wireless Edge Wins EUR500,000 Water Management Contract

Read more
11 May 2016 09:50

MTI Wireless Confident For 2016 Outcome As Mottech Boosts Revenue

Read more
17 Feb 2016 12:06

MTI Wireless Edge sees growth skyrocket

(ShareCast News) - MTI Wireless Edge was riding the cable-free revolution in 2015, reporting some seriously good results for the 12 months to 31 December, on Wednesday. The AIM-listed manufacturer of flat panel antennas for wireless broadband, and wireless irrigation solutions, saw revenues increase

Read more
17 Feb 2016 08:30

MTI Wireless Sees 2015 Profit Boosted By Mottech Acquisition

Read more
5 Jan 2016 16:01

AGM, EGM Calendar - Week Ahead

Read more
13 Nov 2015 08:13

MTI Wireless Nine Month Pretax Profit Boosted By Mottech Integration

Read more
15 Oct 2015 07:27

MTI Wireless Edge's Mottech Extends Service Deals In Israel

Read more
27 Aug 2015 07:44

MTI Wireless Interim Profit Up; Says Mottech Integration Going Well

Read more
14 May 2015 09:47

MTI Wireless Confident In Long Term, Notes Customer Delays

Read more
29 Apr 2015 07:30

LONDON MORNING BRIEFING: Next And Home Retail Group Lead Gains

Read more
29 Apr 2015 05:14

AGM, EGM Calendar - Week Ahead

Read more
28 Apr 2015 15:02

AGM, EGM Calendar - Week Ahead

Read more
28 Apr 2015 12:01

MTI Wireless Edge acquires wireless company Mottech

Antennas developer and manufacturer MTI Wireless Edge said it will acquire Mottech, a provider of wireless control products for $4.75m in order to expand its business strategy. The purchase is expected to be completed next May. The company said $4m will be paid upon closing and the reminder by 2018

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.