MTI Wireless Edge - Exercise of options and transaction in own shares
3 December 2019
MTI Wireless Edge Ltd
("MTI" or the "Company")
Exercise of options and transaction in own shares
Additionally and in accordance with the Company's Share Repurchase Programme, as announced on
Following the above, the total number of Ordinary Shares in issue is now 87,783,724 (including shares held as treasury shares). The Company currently holds 250,000 Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 87,533,724, which 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.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the sales made on the Company's behalf by
Schedule of Sales
Date of sale:
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Number of Ordinary Shares sold
Time of transaction
For further information please contact:
Moni Borovitz, CEO http://www.mtiwirelessedge.com
Novella (Financial PR) +44 20 3151 7008
About MTI Wireless Edge Ltd
Headquartered in Israel, MTI is a technology group focused on comprehensive communication and radio frequency solutions across multiple sectors through three core divisions:
MTI is a world leader in the design, development and production of high quality, state-of-the-art, and cost-effective antenna solutions including Smart Antennas, MIMO Antennas and Dual Polarity Antennas for wireless applications. MTI supplies antennas for both military and commercial markets from 100 KHz to 90 GHz.
Internationally recognized as a producer of commercial off-the-Shelf and custom-developed antenna solutions in a broad frequency range, MTI addresses both commercial and military applications.
MTI supplies directional and omnidirectional antennas for outdoor and indoor deployments, including smart antennas for WiMAX, Broadband access, public safety, RFID, base stations and terminals for the utility market.
Military applications include a wide range of broadband, tactical and specialized communication antennas, antenna systems and DF arrays installed on numerous airborne, ground and naval, including submarine, platforms worldwide.
Water Control & Management Division
Via its subsidiary,
As Motorola's global prime-distributor Mottech serves its customers worldwide through its international subsidiaries and a global network of local distributors and representatives. With over 25 years of experience in providing customers with irrigation remote control and management, Mottech's solutions ensure constant, reliable and accurate water usage, while reducing operational and maintenance costs. Mottech's activities are focused in the market segments of agriculture, water distribution, municipal and commercial landscape as well as wastewater and storm-water reuse.
Via its subsidiary,
This information is provided by RNS, the news service of the
Quick facts: MTI Wireless Edge Limited
Market Cap: £29 m
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