Additional Information
Market: AIM
Sector: Technology Hardware & Equipment
EPIC: TCM
Latest Price: 53.00p  (0.95% Ascending)
52-week High: 97.50p
52-week Low: 43.50p
Market Cap: 54.46M
1 year chart
1 day chart
Watchlist/Portfolio

Add to watchlist:

Only registered members can add into watchlist !

Register here !
Telit Communications
www.telit.com

 

Telit Wireless Solutions is a brand of Telit Communications PLC (AIM: TCM), an enabler of machine-to-machine (M2M) communications worldwide providing wireless module technology, M2M managed services and value added services, including connectivity. Exclusively dedicated to M2M with more than 12 years of experience in the market, the company constantly enhances its technology leadership with six R&D centers across the globe. Telit offers an extensive portfolio of the highest quality cellular, short-range RF, and GNSS modules, available in over 80 countries. By supplying scalable products that are interchangeable across families, technologies and generations, Telit is able to keep development costs low and protect customers' design investments. In addition, Telit is the only module provider in the market today to offer a value added services bundle including connectivity dedicated to simplifying the deployment of M2M applications.

 

Telit provides unmatched customer support and premier design-in expertise through its 25 sales and support offices, a global distributor network of wireless experts with more than 30 Telit-designated Competence Centers, and its online Telit Technical Support Forum.

 

Telit technology enables organizations to wirelessly collect, process and respond to real-time data from vending machines, utility meters, cars, remote health monitors and any other connected devices, creating new efficiencies and revenue opportunities as well as societal and personal benefits. Further information about Telit and its products can be found at www.telit.com. Join the conversation and learn more about Telit and its customers’ innovative applications on Facebook and Twitter.

 

All RNS Press Releases

RNS Release - Director/PDMR Shareholding

24th Oct 2011, 10:10 am
RNS Number : 6957Q
Telit Communications PLC
24 October 2011
 

24 October 2011

 

 

 

TELIT COMMUNICATIONS PLC

("Telit" or the "Company")

 

Director Shareholding

 

Telit has been notified that Oozi Cats, CEO and a director of the Company, on Friday 21 October 2011 acquired 300,000 ordinary shares in the Company at an average price of 44.0 pence per share.

 

Following this transaction, Mr Cats owns 3,430,357 ordinary shares in the Company representing approximately 3.34% of the Company. In addition, Mr. Cats is interested in 15,600,000 shares owned by Boostt B.V., in which he holds a 50% interest and in 1,250,000 shares owned by parties holding the other 50% of Boostt. In total, Mr Cats is now interested in 20,280,357 shares, or 19.75% of the outstanding shares.

 

The issued share capital of Telit comprises 102,678,769 ordinary shares of 1 penny each, each with voting rights. There are no shares held in treasury.

 

 

Enquiries:

 

Telit Communications PLC                    +39 06 420 4601            

Oozi Cats, CEO

Yosi Fait, Finance Director

Yariv Dafna, CFO              

          

Investec                                        0;        +44 20 7597 4000

Andrew Pinder                                        

Patrick Robb

Dominic Emery


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

No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.