MTI Wireless Edge Limited
27 February 2007
MTI Wireless Edge Ltd. (the 'Company')
Directors' Shareholdings
The following replaces the Directors' Shareholding announcement released today
at 2.08pm under RNS number 9534R.
The Percentage of issued share capital now held by Moni Borovitz should read
0.20% and not 0.02% as previously stated. All other details remain the same. The
full correct version of the announcement appears below.
The Company has been notified that Zvi Borovitz (non-executive chairman of the
Company), Moni Borovitz (finance director of the Company) and Dov Feiner (chief
executive officer of the Company) today sold 873,000, 127,000 and 400,000
ordinary shares of NIS 0.01 each in the Company at 53 pence each respectively.
The resultant personal holdings of the above directors are outlined in the table
below. In addition, each of these directors holds indirect interests in the
Company as shown in the notes to the table.
Director Ordinary Shares Percentage of issued share
capital (%)
Zvi Borovitz (1) Nil Nil
Moni Borovitz (2) 83,000 0.20
Dov Feiner (3) 2,789,000 5.19
(1) Zvi Borovitz has an interest in 25 per cent. of Mokirei Aya Ltd. which
controls 39.1 per cent. of the issued share capital of MTI Computers
which has an interest in 47.7 per cent. of the issued share capital of
the Company.
(2) Moni Borovitz has an interest in 25 per cent. of Mokirei Aya Ltd. which
controls 39.1 per cent. of the issued share capital of MTI Computers
which has an interest in 47.7 per cent. of the issued share capital of
the Company.
(3) Dov Feiner holds 396,372 shares in MTI Computers representing 3.5 per
cent of the issued share capital of MTI Computers. MTI Computers has an
interest in 47.7 per cent. of the issued share capital of the Company.
Contacts:
MTI Wireless Edge Ltd. +972 3 900 8900
Dov Feiner, CEO
Moni Borovitz, Finance Director
Corporate Synergy Plc +44 20 7448 4400
David Seal
Luke Ahern
Threadneedle Communications +44 207 936 9605
Graham Herring
Josh Royston
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.