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TCMWed, 18th Nov 2015 11:08
LONDON (Alliance News) - Machine-to-machine communications company Telit Communications PLC on Wednesday said Chairman Enrico Testa has bought shares in the business.
Testa bought 38,000 shares in Telit for 190.00p per share on Wednesday. His total holding is now 1.0 million shares, or a 0.9% stake.
Telit shares were up 3.9% to 187.00p on Wednesday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
AIM-listed wireless technology group Telit Communications said full-year results will be in line with expectations with year-to-date revenues having grown by a fifth. The company, which provides machine-to-machine (m2m) technology and Internet of Things (IoT) expertise, said that sales in the nine m
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