Notice of AGM and posting of report and accounts

MTI Wireless Edge Limited

20 February, 2014

 

MTI WIRELESS EDGE LTD (the "Company")

 

Posting of the Report and Accounts for the year ended 31 December 2013 and AGM notice

 

 

Following the announcement today of the Company's results for the year ended 31 December 2013, the Company's Audited Report and Accounts will be posted to shareholders on or before 7 March, 2014, together with a Notice of Annual General Meeting to be held at 10.00 am (London time) on Friday, 28 March 2014 at the offices of Allenby Capital Limited, 3 St Helen's Place, London, EC3A 6AB.

 

The Report and Accounts for the year ended 31 December, 2013 are available on the Company's website at http://www.mtiwe.com/.

 

The business to be conducted at the AGM will be to present the Report and Accounts for the year 2013, and, if thought fit, to pass the following resolutions:

 

(1)  To re-appoint the following Directors:

a.   Zvi Borovitz - the Company's Non executive Chairman;

b.   Dov Feiner - the Company's CEO;

c.   Moshe (Moni) Borovitz - the Company's Finance Director; and

d.   Zvi Kannor.

 

(2) To re-appoint BDO Israel LLP as the Company's auditors for the year 2014 and to authorize the remuneration committee of the board to determine the auditors' remuneration for the year 2014.

 

Shareholders should be aware that Mrs. Hanna Lerman and Mr. Richard Bennett shall continue as external independent directors and their re-election is not required at this time.

 

Contacts:

MTI Wireless Edge Dov Feiner, CEO Moni Borovitz, Financial Director	http://www.mtiwe.com/ +972 3 900 8900
Allenby Capital Limited (Nominated Adviser and Broker) Nick Naylor Alex Price	+44 20 3328 5656
Newgate Threadneedle Graham Herring Robyn McConnachie	+44 207 653 9850

 

About MTI Wireless Edge

MTI is engaged in the development, production and marketing of High Quality, Low Cost, Flat Panel Antennas for Commercial & for Military applications. Commercial applications such as: WiMAX, Wireless Networking, RFID readers &, Broadband Wireless Access. With over 40 years experience, supplying antennas 100KHz to 90GHz including directional antennas and Omni directional for outdoor and indoor deployments including Smart Antennas for WiMAX, Wi-Fi, Public Safety, RFID and for Base Stations and Terminals  - Utility Market. Military applications includes a wide range of broadband, tactical and specialized communications antennas, antenna systems and DF arrays installed on numerous airborne, ground and naval, including submarine, platforms worldwide.