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Director Shareholdings

16 Jul 2018 14:26

RNS Number : 7799U
Telit Communications PLC
16 July 2018
 

16 July 2018

 

Telit Communications PLC

 

Director Shareholdings

 

Telit Communications PLC ("Telit", "the Group", AIM: TCM), announces that the following transactions have taken place:

 

On 16 July 2018, the Company was notified that on that same day, Simon Duffy, non-executive chairman, bought 11,657 ordinary shares of 1p each ("Ordinary Shares") at 171.3 pence per share. Simon Duffy's resultant beneficial interest in the Company is 11,657 Ordinary Shares representing 0.009% of the issued share capital of the Company.

 

On 16 July 2018, the Company was notified that on that same day Miriam Greenwood, non-executive director, bought 11,500 Ordinary Shares at 171.6 pence per share. Miriam Greenwood's resultant beneficial interest in the Company is 11,500 Ordinary Shares representing 0.009% of the issued share capital of the Company.

 

Enquiries

 

Telit Communications PLC

Yosi Fait, Chief Executive Officer

Yariv Dafna, Finance Director

Tel: +44 203 289 3831

 

finnCap (Nomad and joint broker)

Henrik Persson/Giles Rolls (corporate finance)

Tim Redfern/Richard Chambers (corporate broking)

Tel: +44 20 7220 0500

Berenberg (Joint Broker)

Chris Bowman/Mark Whitmore/Ben Wright

Tel: +44 20 3465 2722

Instinctif Partners

Tel: +44 20 7457 2020

Adrian Duffield/Chantal Woolcock

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Simon Duffy

2.

Reason for the Notification

a)

Position/status

Chairman

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

Purchase of Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

171.3p

11,657

d)

Aggregated information:

· Aggregated volume

· Price

 

See above

e)

Date of the transaction

16 July 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Miriam Greenwood

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

Purchase of Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

171.6p

11,500

d)

Aggregated information:

· Aggregated volume

· Price

 

See above

e)

Date of the transaction

16 July 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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