MTI Wireless Edge Limited Posting of circular, Scrip Dividend Election Form (0735X)
February 16 2017 - 4:27AM
UK Regulatory
TIDMMWE
RNS Number : 0735X
MTI Wireless Edge Limited
16 February 2017
16 February 2017
MTI Wireless Edge Ltd
("MTI" or the "Company")
Posting of circular and Scrip Dividend Election Form
Further to the Company's 'Final Results' announcement released
earlier today, in which reference was made to the scrip dividend
alternative (the "Scrip Dividend Alternative") that MTI is offering
to shareholders in respect of the final dividend for the year
ending 31 December 2016, the Company announces that the circular
(the "Circular") setting out the terms of and explaining the
instructions for taking up the Scrip Dividend Alternative has now
been posted to shareholders.
The Circular is available on the Company's website -
www.mtiwe.com.
For further information please contact:
MTI Wireless Edge http://www.mtiwe.com/ +972
Dov Feiner, CEO 3 900 8900
Moni Borovitz, Financial
Director
--------------------------- ---------------------------
Allenby Capital
Limited Nick Naylor
Alex Brearley +44 20 3328 5656
--------------------------- ---------------------------
About MTI Wireless Edge
MTI is engaged in the development, production and marketing of
High Quality, Low Cost, Flat Panel Antennas for Commercial &
for Military applications. Commercial applications such as: WiMAX,
Wireless Networking, RFID readers &, Broadband Wireless Access.
With over 40 years' experience, supplying antennas 100KHz to 90GHz
including directional antennas and Omni directional for outdoor and
indoor deployments including Smart Antennas for WiMAX, Wi-Fi,
Public Safety, RFID and for Base Stations and Terminals - Utility
Market. Military applications include a wide range of broadband,
tactical and specialized communications antennas, antenna systems
and DF arrays installed on numerous airborne, ground and naval,
including submarine, platforms worldwide.
Via its subsidiary, Mottech Water Solutions Ltd ("Mottech"), MTI
is also a leading provider of remote control solutions for water
and irrigation applications based on Motorola's IRRInet state of
the art control, monitoring and communication technologies.
Mottech, headquartered in Israel, is the global prime distributor
of Motorola for the IRRInet remote control solutions serving its
customers worldwide through its subsidiaries and a global network
of local distributers and representatives. It utilizes over 25
years of experience in providing its customers with remote control
and management systems which ensure constant, reliable and accurate
water usage, while reducing operational costs and maintenance
costly expenses. Mottech's activities are focused in the market
segments of agriculture, water distribution, Municipal and
Commercial Landscape and Wastewater and Storm water Reuse.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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