8 Jul 2014 09:15
TELIT COMMUNICATIONS PLC
("Telit" or the "Company")
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Directors' Dealings
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The Company announces that it was informed today that Mr. Oozi Cats, its CEO and executive director, has bought 200,000 ordinary shares of 1 pence each ("Ordinary Shares") at a price of 215 pence per share.
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Following these transactions, Mr. Cats owns or is directly interested in 22,811,977 Ordinary Shares, representing 20.1% of the issued share capital of the Company.
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In addition, the Company announces that it was informed today by Mr. Yosi Fait, its Finance Director and an Executive Director, that Jeopal Ltd., a company in which Mr. Fait is the beneficial owner, has bought 50,000 Ordinary Shares at a price of 215 pence per share.
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Following these transactions, Mr. Fait owns or is directly interested in 315,000 Ordinary Shares, representing 0.3% of the issued share capital of the Company.
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For further information:
Telit Communications PLC | Tel: +39 06 4204 601 |
Oozi Cats, CEO | |
Yosi Fait, Finance Director | |
Michael Galai, Chief Legal Officer | |
Canaccord Genuity Limited Nominated Adviser Simon Bridges Peter Stewart Mo Mirza | Tel: +44 20 7523 8000 |
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