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.
RNS Release - Director/PDMR Shareholding
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


















