Business
Exercise of Options
Exercise of Options.
About this update from Mti Wireless Edge Ltd
[{"type":"text","content":"\n \nRNS Number : 6289I MTI Wireless Edge Limited 20 June 2017 \n\n20 June 2017\nMTI Wireless Edge Ltd\n \n(\"MTI\" or the \"Company\")\nExercise of Options\n \nMTI announces that, following the exercise of options by an employee, it will shortly be making an application for 60,000 new ordinary shares in the capital of the Company (the \"New Shares\") to be admitted to trading on AIM. Trading in the New Shares is expected be become effective on 26 June 2017. \n \nFollowing the issue of the New Shares, the Company will have a total of 52,921,818 Shares in issue. Therefore the total number of Shares with voting rights will be 52,921,818, which may be used by shareholders in the Company as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company. \n \nFor further information please contact:\n \n\n\n\n\nMTI Wireless Edge\nDov Feiner, CEO\nMoni Borovitz, Financial Director\n\n\nhttp://www.mtiwe.com/\n+972 3 900 8900\n\n\n\n\nAllenby Capital Limited - Nomad and Joint Broker \nNick Naylor\nAlex Brearley\n\n\n+44 20 3328 5656\n \n\n\n\n\nPeterhouse Corporate Finance Limited - Joint Broker\nLucy Williams\nEran Zucker\n\n\n+44 20 7469 0930\n\n\n\n\n \nAbout MTI Wireless Edge\nMTI is engaged in the development, production and marketing of high quality low cost, flat panel antennas for commercial and military applications. Commercial applications include: WiMAX, Wireless Networking, RFID readers &, Broadband Wireless Access. With over 40 years' experience of 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.\nVia its subsidiary, Mottech Water Solutions Ltd, 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, headquarte...