MTI Wireless Edge Limited Posting of circular & Scrip Dividend Election Form (1765F)
17 February 2018 - 1:46AM
UK Regulatory
TIDMMWE
RNS Number : 1765F
MTI Wireless Edge Limited
16 February 2018
16 February 2018
MTI Wireless Edge Ltd
("MTI" or the "Company")
Posting of circular and Scrip Dividend Election Form
Further to the Company's 'Final Results' announcement released
earlier today, in which reference was made to the scrip dividend
alternative (the "Scrip Dividend Alternative") that MTI is offering
to shareholders in respect of the final dividend for the year
ending 31 December 2017, the Company announces that the circular
(the "Circular") setting out the terms of and explaining the
instructions for taking up the Scrip Dividend Alternative has now
been posted to shareholders.
The Circular is available on the Company's website -
www.mtiwe.com.
An electronic version of MTI's audited annual report and
accounts for the year ended 31 December 2017 is available on the
Company's website - www.mtiwe.com
For further information please contact:
MTI Wireless Edge Dov Feiner, http://www.mtiwe.com/
CEO Moni Borovitz, Financial +972 3 900 8900
Director
-------------------------------- ----------------------
Allenby Capital Limited (Nomad
and Joint Broker) Nick Naylor
Alex Brearley +44 20 3328 5656
-------------------------------- ----------------------
Peterhouse Corporate Finance
Limited (Joint Broker) Lucy
Williams Eran Zucker +44 20 7469 0930
-------------------------------- ----------------------
About MTI Wireless Edge
MTI is engaged in the development, production and marketing of
high quality, low cost, flat panel antennas for commercial and for
military applications. Commercial applications include: WiMAX;
wireless networking; RFID readers; and broadband wireless access.
With over 40 years' experience MTI supplies 100KHz to 90GHz
antennas (including directional antennas and omni directional) for
outdoor and indoor deployments, including smart antennas for WiMAX,
Wi-Fi, public safety, RFID and base stations and terminals for the
utility market. Military applications includes 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.
Via its subsidiary, Mottech Water Solutions Ltd ("Mottech"), MTI
is also a leading provider of remote control solutions for water
and irrigation applications based on Motorola IRRInet state of the
art control, monitoring and communication technologies. Mottech,
headquartered in Israel, is the global prime distributor of
Motorola for the IRRInet remote control solutions serving its
customers worldwide through its subsidiaries and a global network
of local distributers and representatives. It utilizes over 25
years of experience in providing its customers with remote control
and management systems which ensure constant, reliable and accurate
water usage, while reducing operational costs and maintenance
costly expenses. Mottech activities are focused in the market
segments of agriculture, water distribution, municipal and
commercial landscape and wastewater and storm water reuse.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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