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Telit directors buy in

Non-executive director Harald Rösch buys £225,885-worth of shares
Telit directors buy in

,Telit Communications (TCM) describes itself as an enabler of the ‘internet of things’ (IoT). Indeed, following the sale of its automotive business in February 2019 for $105m (£85m), the group has honed in further on the industrial IoT market. Management flagged in its full-year results in March that its first 5G product was set to be certified in the first quarter of 2020.

IC TIP: Sell at 124p

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