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Update

29 Apr 2014 07:00

RNS Number : 7113F

Telit Communications PLC

29 April 2014

TELIT COMMUNICATIONS PLC

("Telit" or the "Company")

Update

Further to its announcement of 18 March 2014 concerning the proposed increase of Mr. Oozi Cats, Telit's CEO and executive director, of his holdings in the Company, the Company makes the following update. The closing date for the proposed increase has been extended from 30 April 2014 to not later than 30 May 2014, subject to Mr. Cats having obtained a financing facility to satisfy the proposed increase. All other details announced on 18th March 2014 remain the same.

The Company will make a further announcement once the proposed increase has completed.

For further information:

Telit Communications PLC	Tel: +39 06 4204601
Oozi Cats, CEO
Yosi Fait, Finance Director




Canaccord Genuity Limited Nominated Adviser Simon Bridges Peter Stewart Mo Mirza	Tel: +44 20 7523 8000

This information is provided by RNS

The company news service from the London Stock Exchange

END

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