Telit Communications PLC First half FY16 GBP equivalent dividend payments (8629J)

TIDMTCM

RNS Number : 8629J

Telit Communications PLC

14 September 2016

Telit Communications PLC

First half FY16 GBP equivalent dividend payments

London. 14 September 2016. Telit Communications PLC ("the Company", AIM: TCM) announces the GBP equivalent dividend payments for its first-half FY16 interim dividend, announced on 8 August 2016, at 2.5 US cents per ordinary share.

The USD to GBP exchange rate used to convert the dividends into GBP of $1:GBP0.73967 is based on the market rate obtained on 12 September 2016.

The interim dividend on ordinary shares will be paid at the rate of approximately 1.849175 pence per ordinary share on 23 September 2016 to shareholders on the register on 19 August 2016, with an ex-dividend date of 18 August 2016.

Enquiries

 
Telit Communications PLC                          Tel: +39 06 4204601 
 Oozi Cats, CEO 
 Yosi Fait, Finance Director & President 
 
Canaccord Genuity Limited (Nominated Adviser and  Tel: +44 20 7523 
 Joint Broker)                                     8000 
 Simon Bridges/Cameron Duncan 
 
Berenberg (Joint Broker)                          Tel: +44 20 3465 
 Chris Bowman/Ben Wright                           2722 
 
Instinctif Partners                               Tel: +44 20 7457 
                                                   2020 
Adrian Duffield/Chantal Woolcock

About Telit

Telit (AIM: TCM), is the global leader in Internet of Things (IoT) enablement. The company offers the industry's broadest portfolio of integrated products and services for end-to-end IoT deployments - including cellular communication modules in all technologies, GNSS, short-to-long range wireless modules, IoT connectivity plans and IoT platform services. Through the IoT Portal, Telit makes IoT onboarding easy, reduces risk, time to market, complexity and costs for asset tracking, remote monitoring and control, telematics, industrial automation and others, across many industries and vertical markets worldwide.

This information is provided by RNS

The company news service from the London Stock Exchange

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September 14, 2016 10:39 ET (14:39 GMT)

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