03:00 Fri 04 Oct 2019
Telit Communications - Director/PDMR Shareholding
("Telit" or the "Company")
Director/PDMR Shareholding
On 4 October 2017, Telit issued to Yariv Dafna, Finance Director and President, Restricted Stock Units ("RSUs") under the Telit 2015 Employee Share Plan (the "Plan"). Mr. Dafna was not a director at the time. Today, 3,000 of these RSUs automatically vested pursuant to the terms of the RSUs, and accordingly, beneficial ownership over these 3,000 ordinary shares of 1p each ("Shares") transferred.
Mr Dafna's resultant beneficial interest in the Company is 86,000 Shares representing 0.06% of the issued share capital of the Company.
For enquiries:
|
Tel: +44 203 289 3831 |
|
|
finnCap (Nomad and Broker) |
Tel: +44 20 7220 0500 |
|
|
FinElk |
Tel: +44 20 7631 8618 |
|
|
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, Wi-Fi, 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 © 2019 Telit Communications PLC. All rights reserved. Telit and all associated logos are trademarks of
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
a) |
|
Yariv Dafna |
||||
2. |
Reason for the Notification |
|||||
a) |
Position/status |
Executive Director |
||||
b) |
Initial notification/Amendment |
Initial notification |
||||
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
a) |
|
|
||||
b) |
LEI |
213800FR4VJWKM1Z3836 |
||||
4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
|||||
a) |
Description of the Financial instrument, type of instrument |
RSUs over Ordinary Shares of |
||||
Identification code |
GB00B06GM726 |
|||||
b) |
Nature of the transaction |
Vesting of RSUs |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information: · Aggregated volume · Price |
See above |
||||
e) |
Date of the transaction |
|
||||
f) |
Place of the transaction |
|
This information is provided by RNS, the news service of the
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of...
FOR OUR FULL DISCLAIMER CLICK HERE