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
28 Aug 2018 14:08

MTI Wireless Revenue Rises But Merger Costs Hit Interim Profit

LONDON (Alliance News) - MTI Wireless Edge Ltd on Tuesday said its profit declined in the first half of 2018 hurt by higher expenses associated with a merger.The wireless broadband antennae

Read more
20 Aug 2018 17:19

MTI Wireless Completes Merger With MTI Computers & Software Services

LONDON (Alliance News) - MTI Wireless Edge Ltd said Monday it has completed its merger with MTI Computers & Software Services 1982 Ltd.The company, which manufactures flat panel for has

Read more
13 Aug 2018 17:09

MTI Wireless Receives Final Israeli Court Approval For Merger

LONDON (Alliance News) - Flat panel antennae manufacturer MTI Wireless Edge Ltd said on Monday it has received a final court approval from an Israeli court required for the completion of the the

Read more
26 Jul 2018 13:14

MTI Wireless Merger Edges Closer After Tax Ruling In Israel

LONDON (Alliance News) - Flat panel antennae manufacturer MTI Wireless Edge Ltd said on Thursday it has received a pre-ruling from Israeli tax authorities concerning its merger with major MTI a in

Read more
14 May 2018 10:40

WINNERS & LOSERS SUMMARY: IWG Rises On Potential Bidding War

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - up 0.8%. The British Gas parent said the first a

Read more
14 May 2018 10:12

MTI Wireless Edge First Quarter Profit Falls, Expects Full Year Growth

LONDON (Alliance News) - Shares in antennae manufacturer MTI Wireless Edge Ltd fell sharply Monday after its first quarter profit fell alongside revenue despite it continuing to expect both to for

Read more
8 May 2018 12:02

MTI Wireless Satisfies Some Conditions For Merger With Shareholder

LONDON (Alliance News) - Flat panel antennas manufacturer MTI Wireless Edge Ltd said on Tuesday that some of the conditions for its merger with majority shareholder MTI Computers & Software In

Read more
2 May 2018 14:04

MTI Wireless Agrees Merger With Majority Shareholder MTI Computers

LONDON (Alliance News) - MTI Wireless Edge Ltd confirmed Wednesday it has agreed a merger with majority shareholder MTI Computers & Software Services Ltd.MTI Wireless said the will be a

Read more
14 Mar 2018 10:45

WINNERS & LOSERS SUMMARY: Goldman Sachs Note, China Data Boosts Miners

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - up 5.0%. The insurer is to divide its into -

Read more
14 Mar 2018 09:55

MTI Wireless Shares Rise As Merger Talks With Israeli Shareholder

LONDON (Alliance News) - Shares rose in MTI Wireless Edge Ltd on Wednesday after it said it currently is in merger discussions with its majority shareholder, Tel MTI

Read more
16 Feb 2017 10:53

MTI Wireless Edge remains strong through broadband struggles

(ShareCast News) - Flat panel antenna manufacturer MTI Wireless Edge announced its audited results for the year to 31 December on Thursday, with revenues increased by 19% to $23.3m. The AIM-traded firm said its gross profit increased during the period by 11% to $8.6m, and it generated more than $1.2

Read more
16 Feb 2017 08:59

MTI Wireless Edge Profit Slips, Offers Scrip Dividend To Shareholders

Read more
23 Nov 2016 09:32

MTI Wireless Edge Wins First Irrigation Control Order In Tanzania

Read more
23 Nov 2016 09:02

MTI Wireless Edge win first water management client in Tanzania

(ShareCast News) - Antenna maker MTI Wireless Edge won a first energy and water management order from Tanzania. Subsidiary Mottech Water Solutions has received an order for energy and water resources management from a new customer in Tanzania, and the company said although this is small in terms of

Read more
21 Sep 2016 12:37

MTI Wireless Edge wins new contract worth $0.7m

(ShareCast News) - MTI Wireless Edge has secured a new contract from a new customer for the development and manufacturing of antenna solutions for a military application, worth about $0.7m. The company, which develops and manufactures antennas and antenna systems and provides wireless irrigation, sa

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.