Transfer of shares to Directors/PDMR shareholdings

Summary by AI BETAClose X

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.

Disclaimer*

MTI Wireless Edge Limited
19 January 2026
 

A logo with black text Description automatically generated19 January 2026

MTI Wireless Edge Ltd

("MTI", the "Company" or the "Group")

Transfer of shares to Directors / PDMR shareholdings

Holdings in Company

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).

For further information please contact:

 

MTI Wireless Edge Ltd 

+972 3 900 8900

Moni Borovitz, CEO        

http://www.mtiwirelessedge.com



Allenby Capital Limited (Nomad and Joint Broker)

+44 20 3328 5656

Nick Naylor/Alex Brearley/Piers Shimwell (Corporate Finance)


Tony Quirke/Amrit Nahal (Sales and Corporate Broking)




Shore Capital (Joint Broker)

Toby Gibbs/George Payne (Corporate Advisory)

Fiona Conroy (Corporate Broking)

 

+44 20 7408 4090

Novella (Financial PR)   


Tim Robertson/Safia Colebrook

+44 20 3151 7008

 

About MTI Wireless Edge Ltd. ("MTI")

Headquartered in Israel, MTI is a technology group focused on comprehensive communication and radio frequency solutions across multiple sectors through three core divisions:

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.

MTI supplies directional and omnidirectional antennas for outdoor and indoor deployments, including smart antennas for 5G backhaul, Broadband access, public safety, RFID, base station and terminals for the utility market.

Military applications include a wide range of broadband, tactical and specialized communication antennas, antenna systems and DF arrays installed on numerous airborne, ground and naval, including submarine, platforms worldwide.

Water Control & Management division

Via its subsidiary, Mottech Water Solutions Ltd ("Mottech"), MTI provides high-end remote control and monitoring solutions for water and irrigation applications based on Motorola's IRRInet state-of-the-art control, monitoring and communication technologies.

As Motorola's global prime-distributor Mottech serves its customers worldwide through its international subsidiaries and a global network of local distributors and representatives. With over 25 years of experience in providing customers with irrigation remote control and management, Mottech's solutions ensure constant, reliable and accurate water usage, increase crops quality and yield while reducing operational and maintenance costs providing fast ROI while helping sustain the environment. Mottech's activities are focused in the market segments of agriculture, water distribution, municipal and commercial landscape as well as wastewater and storm-water reuse.

Distribution & Professional Consulting Services division

Via its subsidiary, MTI Summit Electronics Ltd., MTI offers consulting, representation and marketing services to foreign companies in the field of RF and Microwave solutions and applications including engineering services (including design and integration) in the field of aerostat systems and the ongoing operation of Platform subsystems, SIGINT, RADAR, communication and observation systems which is performed by the Company. It also specializes in the development, manufacture and integration of communication systems and advanced monitoring and control systems for the Government and defence industry market.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities.

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

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

MTI Wireless Edge Ltd

b)

LEI

2138003Y3AHVBB1QCY91

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

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

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

MTI Wireless Edge Ltd

b)

LEI

2138003Y3AHVBB1QCY91

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

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

 

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