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Directors' Dealings

8 Jul 2014 09:15

RNS Number : 7052L
Telit Communications PLC
08 July 2014
 

TELIT COMMUNICATIONS PLC

("Telit" or the "Company")

 

Directors' Dealings

 

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.

 

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.

 

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.

 

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.

 

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

 

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