24 Dec 2014 07:00
24 December, 2014
Telit Communications plc ("Telit" or the "Company")
Blocklisting application
The Company announces that an application has been made to the London Stock Exchange for a blocklisting of 8,000,000 ordinary shares of 1 penny each (the "Ordinary Shares"). Admission of the Ordinary Shares under the blocklisting is expected to take place on 31 December.
The Ordinary Shares will be issued from time to time pursuant to the exercise of share options under the Telit Communications PLC Unapproved Share Option Plan and the Telit Communications PLC Non-Employee Share Option 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.
For enquiries:
Telit Communications PLC +39 06 420 4601
Oozi Cats, CEO
Yosi Fait, President & Finance Director
Canaccord Genuity Limited +44 207 523 8000
Nominated Adviser
Simon Bridges
Peter Stewart
Charlie Pearmund