Share Buy Back

RNS Number : 1347V

MTI Wireless Edge Limited

23 May 2008

 



MTI WIRELESS EDGE LTD

SHARE BUYBACK

Further 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 22 May 2008, it purchased for cancellation 250,000 ordinary shares at an average price of 20 pence per share.

Following the above transaction MTI has 52,471,990 ordinary shares in issue.

Contacts:

MTI Wireless Edge                                                         [phone]

Dov Feiner, CEO

Moni Borovitz, Financial Director

Blue Oar Securities - Nominated Adviser & Joint Broker   [phone]

Shane Gallwey

John Wilkes

Matthew Marchant

Daniel Stewart & Co - Joint Broker                                  [phone]

Lindsay Mair

Threadneedle Communications                                       [phone]

Graham Herring

Josh Royston

 

END

 

 

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