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Transaction in Own Shares

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In accordance with the Company's Share Repurchase Programme, MTI Wireless Edge Ltd. (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, announces that 40,000 ordinary shares of par value 0.01 Israeli Shekels each in the capital of the Company ("Ordinary Shares") were purchased by the Company on 3 October 2024 at a price of 45.4375 pence per Ordinary Share and a further 40,000 Ordinary Shares were purchased by the Company on 3 October 2024 at a price of 42.50 pence per Ordinary Share. These shares will be held as treasury shares.

Following this transaction, as at today's date, the Company holds 2,223,000 Ordinary Shares in treasury. The total number of Ordinary Shares in issue is 88,538,724 and the total number of voting rights in the Company as at the date of this announcement is therefore 86,315,724, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company.

Schedule of Purchases

Shares purchased:MTI Wireless Edge Ltd (ISIN: IL0010958762 )
Date of purchase:3 October 2024
Investment firm:Shore Capital Stockbrokers Limited
Aggregate information:
VenueVolume-weighted average price, penceAggregated volume
London Stock Exchange43.96875p80,000
Individual transaction:
Number of Ordinary Shares purchasedTransaction price (pence per Ordinary Share)Time of transactionTrading venue
40, 00045.4375p09:42London Stock Exchange
40, 00042.50p13:52London Stock Exchange

About MTI Wireless Edge Ltd. ("MTI")

Antenna division

Water Control & Management division

Distribution & Professional Consulting Services division

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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