May 23, 2017 / 4:02 PM / in 2 months

BRIEF-Boost B.V. and Mariselia Ltd announces proposed secondary placing in Telit Communications

1 Min Read

May 23 (Reuters) - Boost B.V. and Mariselia Ltd:

* Says their intention to sell about 7.1 million ordinary shares in Telit Communications

* Placing shares represent about 5.54 pct of Telit Communications' issued share capital

* Boost B.V. and Mariselia Ltd are entities controlled by Oozi Cats, CEO of Telit Communications plc Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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