Less Ads, More Data, More Tools Register for FREE

Director/PDMR Shareholding

10 Dec 2012 11:12

RNS Number : 1324T
Telit Communications PLC
10 December 2012
 



TELIT COMMUNICATIONS PLC

("Telit" or the "Company")

 

Director's Shareholding

 

 

The Company was notified on 7 December 2012 by Alexander Sator, Non-Executive Director of Telit, that Sapfi Kapital Management GmbH, of which Mr Sator is Managing Director and majority shareholder, acquired 260,000 ordinary shares of 1 penny each in the Company ("Ordinary Shares") between 10 November 2012 and 7 December 2012 at an average price of 57.04 pence per share.

 

Following these transactions, Sapfi Kapital Management GmbH owns 4,965,742 Ordinary Shares in the Company representing approximately 4.81% of the Company.

 

The issued share capital of Telit comprises 103,289,204 Ordinary Shares, each with voting rights. There are no shares held in treasury.

 

 

Telit Communications PLC +39 06 420 4601

Oozi Cats, CEO - Oozicats@telit.com

Yosi Fait, Finance Director - Yosi.Fait@telit.com

 

Canaccord Genuity +44 20 7523 8000

Simon Bridges

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSBBBDDBBBBGDG

Related Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Back to RNS