2 May 2019 07:00
2 May 2019
Telit Communications Plc
("Telit" or the "Company")
Director/PDMR Shareholding
Telit Communications PLC ("Telit", "the Group", AIM: TCM), announces that the following transaction has taken place:
On 1 May 2019, the Company was notified that Harald Rösch, Non-Executive Director, bought 250,000 ordinary shares of 1p each ("Share") at a price of 184.6 pence per Share. Mr Rösch's resultant beneficial interest in the Company is 250,000 Shares representing 0.19% of the issued share capital of the Company.
For enquiries:
Telit Communications PLCPaolo Dal Pino, Executive Chairman Yariv Dafna, Finance Director | Tel: +44 203 289 3831 |
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finnCap (Nomad and Joint Broker) Henrik Persson/Giles Rolls (corporate finance)
| Tel: +44 20 7220 0500 |
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Berenberg (Joint Broker) Chris Bowman/Mark Whitmore | Tel: +44 20 3465 2722 |
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Instinctif Partners | Tel: +44 20 7457 2020 |
Adrian Duffield/Chantal Woolcock |
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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 © 2019 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.
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Harald Rösch | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Non - Executive Director | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Telit Communications Plc | ||||
b) | LEI | 213800FR4VJWKM1Z3836 | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the Financial instrument, type of instrument | Ordinary Shares of 1 pence each | ||||
Identification code | GB00B06GM726 | |||||
b) | Nature of the transaction | Acquisition of shares | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information: · Aggregated volume · Price |
See above | ||||
e) | Date of the transaction | 30 April 2019 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||