Telit in temporary debt pressure relief

Telit Communications said its leading financing bank had granted an advance waiver for the potential breach of covenants as at 31 December 2017.

It added: 'The group and the bank remain in discussions with regard to amending its covenant package for future periods.'

At 9:23am: (LON:TCM) Telit Communications PLC share price was +3.75p at 158.75p