Business
Share Buyback
Share Buyback.
About this update from Mti Wireless Edge Ltd
[{"type":"text","content":"\n RNS Number : 4603V MTI Wireless Edge Limited 28 May 2008 \n \nMTI WIRELESS EDGE LTD\n\nSHARE BUYBACK\n\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 28 May 2008, it purchased for cancellation 50,000 ordinary shares at an average price of 20.5 pence per share.\nFollowing the above transaction MTI has 52,421,990 ordinary shares in issue.\n\n\nContacts:\n\nMTI Wireless Edge +972 3 900 8900\nDov Feiner, CEO\nMoni Borovitz, Financial Director\n\nBlue Oar Securities - Nominated Adviser & Joint Broker +44 20 7448 4400\nShane Gallwey\nJohn Wilkes\nMatthew Marchant\n\nDaniel Stewart & Co - Joint Broker +44 20 7776 6550\nLindsay Mair\n\nThreadneedle Communications +44 207 936 9605\nGraham Herring\nJosh Royston\n\n\n\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 yea...