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TCMWed, 24th Oct 2018 14:19
LONDON (Alliance News) - Telit Communications PLC said PCGS Holding SCA , an investment company owned by Telit Executive Chairman Dal Pino and his wife, purchased 200,000 shares at an average price of 165.39 pence each on Monday and Tuesday.
Following the GBP330,780 deal, Pino's beneficial interest in Telit is now 540,000 shares, equivalent to a 0.45 stake.
Shares in Telit were up 1.7% at 164.50p on Wednesday.
(ShareCast News) - Telit Communications revealed a year of impressive growth on Monday, with the market sharing the firm's excitement over its 2015 preliminary results. The AIM-traded technology company, focused on the so-called Internet of Things (IoT), saw revenues rise 13.4% during the calendar y
Read more(ShareCast News) - Telit Communications has announced it will acquire Bluetooth assets from German company Stollmann Entwicklungs und Vertriebs. The AIM-listed company announced the deal on Wednesday, which is for a non-material cash consideration. Telit will acquire the company's Bluetooth intelle
Read more(ShareCast News) - Telit Communications has seen a 13.4% increase in revenue for the year to approximately $333.5m (£229.2m). The AIM-listed machine-to-machine communications company published its year-end trading update to 31 December 2015 on Monday. The increase in group revenues was driven by a
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