14 Sep 2016 15:39
Telit Communications PLC
First half FY16 GBP equivalent dividend payments
London. 14 September 2016. Telit Communications PLC ("the Company", AIM: TCM) announces the GBP equivalent dividend payments for its first-half FY16 interim dividend, announced on 8 August 2016, at 2.5 US cents per ordinary share.
The USD to GBP exchange rate used to convert the dividends into GBP of $1:£0.73967 is based on the market rate obtained on 12 September 2016.
The interim dividend on ordinary shares will be paid at the rate of approximately 1.849175 pence per ordinary share on 23 September 2016 to shareholders on the register on 19 August 2016, with an ex-dividend date of 18 August 2016.
Enquiries
Telit Communications PLCOozi Cats, CEO Yosi Fait, Finance Director & President | Tel: +39 06 4204601 | |
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Canaccord Genuity Limited (Nominated Adviser and Joint Broker) Simon Bridges/Cameron Duncan | Tel: +44 20 7523 8000 | |
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Berenberg (Joint Broker) Chris Bowman/Ben Wright | 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 the 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, 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.