Telit Communications PLC Transaction in Own Shares (2964G)

TIDMTCM

RNS Number : 2964G

Telit Communications PLC

26 May 2017

Telit Communications Plc

("Telit" or the "Company")

Transaction in own shares

Telit announces today that it has issued 500,000 ordinary shares of 1p each in the Company ("Ordinary Shares") via its existing blocklisting for its various existing share option plans, which have been transferred into treasury for the purposes of employees' share option plan allotments.

Following the above transfer into treasury stock, the Company will hold 840,496 Ordinary Shares in treasury. The total number of Ordinary Shares in issue (excluding treasury shares) is 127,784,422.

Therefore, the total number of voting rights in the Company is 127,784,422. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

For enquiries:

 
Telit Communications PLC                  Tel: +44 203 
 Oozi Cats, CEO                            289 3831 
 Yosi Fait, Finance Director & President 
 
Canaccord Genuity Limited (Nominated      Tel: +44 20 
 Adviser and Joint Broker)                 7523 8000 
 Simon Bridges/Martin Davison 
 
Berenberg (Joint Broker)                  Tel: +44 20 
 Chris Bowman/Ben Wright                   3465 2722 
 
Instinctif Partners                       Tel: +44 20 
                                           7457 2020 
Adrian Duffield/Chantal Woolcock

Note to editors

About Telit

Telit (AIM: TCM), is a 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.

# # #

Copyright (c) 2017 Telit Communication PLC. All rights reserved. Telit, Telit Wireless Solutions, Telit Communication PLC, telit.com, telit2market, Telit Technical Forum, secureWISE, deviceWISE and all associated logos are trademarks of Telit Communications PLC in the United States and other countries. Other names used herein may be trademarks of their respective owners.

This information is provided by RNS

The company news service from the London Stock Exchange

END

POSKELFLDEFBBBK

(END) Dow Jones Newswires

May 26, 2017 02:00 ET (06:00 GMT)

Telit Communications (LSE:TCM)
Historical Stock Chart
From May 2024 to Jun 2024