7 Jan 2021 14:30
Telit Communications PLC
Blocklisting Application
London, 7 January 2021 - Telit Communications PLC ("Telit", AIM: TCM), a global enabler of the Internet of Things (IoT), announces that an application has been made to the London Stock Exchange for a blocklisting of 1,350,000 ordinary shares of 1 penny each (the "Ordinary Shares"). Admission of the Ordinary Shares under the blocklisting is expected to take place on 12 January 2021.
The Ordinary Shares will be issued from time to time pursuant to the exercise of share options under the Telit Communications PLC 2015 Employee Share Plan and the Telit Communications PLC 2015 Non-Employee Share Plan, or any follow-on or replacement plan. They will be issued credited as fully paid and will rank pari passu with the existing Ordinary Shares of the Company.
Enquiries:
Telit Communications PLCPaolo Dal Pino, Chief Executive Officer
| Tel: +44 203 289 3831 |
finnCap (Nomad and Broker) Henrik Persson/Giles Rolls/Charlie Beeson (corporate finance) Tim Redfern / Richard Chambers (ECM)
| Tel: +44 20 7220 0500 |
FinElk | Tel: +44 20 7631 8618 |
Robin Haddrill/ Cornelia Schnepf |
About Telit
Telit (AIM: TCM), is a global leader in Internet of Things (IoT) enablement. The company offers the industry's broadest portfolio of integrated products and services for end-to-end IoT deployments - including cellular communication modules in all technologies, GNSS, Wi-Fi, short-to-long range wireless modules, IoT connectivity plans and IoT platform services. Through the IoT Portal, Telit makes IoT onboarding easy, reduces risk, time to market, complexity and costs for asset tracking, remote monitoring and control, telematics, industrial automation and others, across many industries and vertical markets worldwide.
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Copyright © 2021 Telit Communications PLC. All rights reserved. Telit and all associated logos are trademarks of Telit Communications PLC in the United States and other countries. Other names used herein may be trademarks of their respective owners.