Posts tagged: Dbay

Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 36

Saturday, 10 July 2021, 6:07 pm

One of the largest shareholders in Telit Communications is preparing to vote against Dbay's £300 million takeover offer for the Aim-listed 'internet of things' provider.

Betaville understands Oozi Cats, the founder of Telit who still owns around 12pc of the company, isn't going to vote for the sheme of arrangement at next week's shareholder meeting...

Read more...

Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 25

Wednesday, 10 March 2021, 11:01 pm

Old Richard, the "Welsh Wizard", Griffiths has been boosting his stake in Telit Communications, the Aim-listed 'internet of things' provider.

Griffiths is well known in City of London circles for being a savvy investor with stakes a variety of companies, including Talk Talk, the the broadband company that was recently bought by Toscafund, it's largest shareholder.

And according to recent filings Griffiths now owns 9.06pc of Telit. Below is the link to the RNS announcement:..

Read more...

Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 19

Friday, 15 January 2021, 8:47 am

So, it would appear the chaps at Dbay weren't the only investors hoovering stock in Telit Communications, the Aim-listed 'internet of things provider' last week.

Richard Griffiths - one of the savviest small cap punters in London market who is also known as the "Welsh Wizard" - also took advantage of last week's shortlived dip in the share price following the company's decision to end talks with U-blox, the Swiss chip group...

Read more...

Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 17

Tuesday, 15 December 2020, 7:54 am

The shenanigans at Telit Communications continue unabated, with Dbay this morning saying it has decided not to make an offer for the 'internet of things' company after all.

Dbay, one of the Aim-listed company's largest shareholders, also said it won't back a 250p a share all stock offer from Switzerland's U-blox, which has also been stalking Telit. Below is the link:..

Read more...

Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 16

Friday, 4 December 2020, 7:48 am

It would appear the chaps over at Dbay are really cranking up the negotiations over Telit Communications, the Aim-listed 'internet of things' company.

Dbay, run by feared activist investor Colin Kingsnorth, has just put out a statement saying it is considering (note the "considering") submitting an offer of £1.90 a share for Telit and that U-blox's all paper £2.50 a share offer isn't worth the paper it is being issued with.

Below is the link:..

Read more...

Hong Kong tycoon builds near 4pc stake in Telit Communications - Part 2

Monday, 10 August 2020, 10:21 pm

Dbay has quietly increased its stake in Telit Communications, the internet of things provider that has courted its fair amount of controversy and takeover speculation.

According to recent filings, Dbay - run by ex Laxey Partners value investor Colin Kingsnorth - now owns around 11.57pc of Telit, making it one of the largest shareholders alongside the mysterious Chinese group Run Liang. Below is a link to the relevant RNS:..

Read more...

Hong Kong tycoon builds near 4pc stake in controversial Telit Communications

Monday, 27 July 2020, 6:15 pm

The curious goings on at Telit Communications continue unabated.

Betaville hadn't noticed that after Dbay suddenly turned up on the shareholder register with almost 10pc that super secretive Hong Kong-based tycoon Tang Hao had also recently been amassing a 3.4pc shareholding in the 'internet of things' provider through his vehicle Discovery Key Investments...

Read more...