Transfer of shares to Directors/PDMR shareholdings
MTI Wireless Edge Ltd announced that the Estate of its former Chairman, Zvi Borovitz, transferred 382,143 ordinary shares to CEO Moni Borovitz and 382,143 ordinary shares to Chair Amalia Borovitz Bryl for nil consideration. Following these transfers, Moni Borovitz now holds 0.87% of the company's voting rights, and Amalia Borovitz Bryl holds 0.44%. Additionally, Moni Borovitz and Amalia Borovitz Bryl each increased their stake in Mokirei Aya Ltd. to 37.5%, which holds 31.35% of MTI's voting rights.
Select text to share a quote on X · sign in to keep highlights & notes in your MWE notes
MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, provides an update in relation to the holdings in the Company formerly owned by Zvi Borovitz, former Chairman and founder of MTI, following his passing in June 2025.
Zvi Borovitz was beneficially interested in 1,146,429 ordinary shares of par value 0.01 Israeli Shekels each in the capital of the Company ("Ordinary Shares"). MTI was informed on 15 January 2026 that the Estate of Zvi Borovitz transferred 382,143 Ordinary Shares for nil consideration to each of MTI's Chief Executive Officer, Moni Borovitz and the Chair of MTI's board of directors, Amalia Borovitz Bryl and it is understood that the Estate executed these transfers on or around 24 December 2025. Following these transfers, Moni Borovitz is beneficially interested in 753,397 Ordinary Shares representing 0.87% of the voting rights in the Company and Amalia Borovitz Bryl is beneficially interested in 382,143 Ordinary Shares representing 0.44% of the voting rights in the Company.
Mokirei Aya Ltd. ("Mokirei Aya") has an interest in 27,020,895 Ordinary Shares, which remains unchanged and is equivalent to 31.35% of the voting rights in the Company. Zvi Borovitz formerly held 25% of Mokirei Aya, with Moni Borovitz and Amalia Borovitz Bryl each holding 25% of Mokirei Aya. Zvi Borovitz's holding in Mokirei Aya has been transferred, in equal amounts, to Moni Borovitz and Amalia Borovitz Bryl, who now each hold 37.5% of Mokirei Aya. Pursuant to UK MAR (as defined below) Mokirei Aya remains a person closely associated with Moni Borovitz and Amalia Borovitz Bryl.
The FCA notification, made in accordance with the requirements of Regulation (EU) No 596/2014 as retained in UK law (UK MAR), is appended further below and gives further details regarding the transfers of Ordinary Shares to persons discharging managerial responsibilities (PDMRs).
Antenna division
MTI is internationally recognised as a producer of commercial off-the-Shelf and custom-developed antenna solutions in a broad frequency range of HF to 170 GHz for commercial, RFID and military applications. MTI continuously invests in ground breaking technologies, explores new frequencies, and devises innovative solutions which empower our wireless communication customers with cutting-edge off-the-shelf and custom-made antennas.
We are at the forefront of technology and innovation, being the first to introduce Dual Band parabolic antennas, E Band Automatic Beam Steering antennas, E Band FCC compliant flat antennas, and more.
Water Control & Management division
Distribution & Professional Consulting Services division
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Moni Borovitz |
| 2 | Reason for the notification | |
| a) | Position/status | Director - Chief Executive Officer |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | MTI Wireless Edge Ltd |
| b) | LEI | 2138003Y3AHVBB1QCY91 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 0.01 Israeli shekels each Identification code (ISIN) for MTI Wireless Edge Ltd's Ordinary Shares: IL0010958762 |
| b) | Nature of the transaction | Transfer of Ordinary Shares from Estate of Zvi Borovitz |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil consideration 382,143 Ordinary Shares |
| d) | Aggregated information | |
| - Aggregated volume | N/A | |
| - Price | N/A | |
| e) | Date of the transaction | On or around 24 December 2025 |
| f) | Place of the transaction | Outside of trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Amalia Borovitz Bryl |
| 2 | Reason for the notification | |
| a) | Position/status | Director - Chair of Board of Directors |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | MTI Wireless Edge Ltd |
| b) | LEI | 2138003Y3AHVBB1QCY91 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 0.01 Israeli shekels each Identification code (ISIN) for MTI Wireless Edge Ltd's Ordinary Shares: IL0010958762 |
| b) | Nature of the transaction | Transfer of Ordinary Shares from Estate of Zvi Borovitz |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil consideration 382,143 Ordinary Shares |
| d) | Aggregated information | |
| - Aggregated volume | N/A | |
| - Price | N/A | |
| e) | Date of the transaction | On or around 24 December 2025 |
| f) | Place of the transaction | Outside of trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.