Business
Share Buy Back
Share Buy Back.
About this update from Mti Wireless Edge Ltd
[{"type":"text","content":"\n RNS Number : 9851C MTI Wireless Edge Limited 09 September 2008 \n \nMTI WIRELESS EDGE LTD\n\nSHARE BUYBACK\n\nFurther to the US$1.5 million share buyback program announced with the full year results on the 3 March 2008, MTI Wireless Edge Ltd ('MTI' or 'the Company') now announces that on 8 September 2008, it purchased for cancellation 25,000 ordinary shares at an average price of 18.5 pence per share.\n \nFollowing the above transaction MTI has 51,851,990 ordinary shares in issue.\n\nContacts:\n\nMTI Wireless Edge +972 3 900 8900\nDov Feiner, CEO\nMoni Borovitz, Financial Director\n\nNoble & Company Limited +44 20 7763 2200\nNick Naylor\nJames Nelson\n\nThreadneedle Communications +44 207 653 9850\nGraham Herring\nJosh Royston\n\n\nAbout MTI Wireless Edge\n\nMTI designs and manufactures flat panel antennas, largely supplied to international OEMs of fixed broadband wireless access systems. With over 30 years of technical 'know-how', flexible high volume manufacturing capabilities and low failure rates, MTI's antennas now comprise approximately 25% of the global fixed broadband wireless antenna market. In addition, the Company has successfully developed products for new commercial applications as wireless systems become increasingly prevalent in new markets.\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END POSUWANRWBRKRAR \n ","length":3386,"tagName":"div"}]