Telit says Italian court appeals tax rulings

Telit Communications said Italian tax authorities have appealed to the country's Supreme Court regarding past decisions by lower courts ruling in the company's favour.

Telit said its Italian arm intended to continue vigorously defending its position.

The company said it had been advised that it was likely the matters would not be heard by the Supreme Court before 2022.

At 9:20am: (LON:TCM) Telit Communications PLC share price was +1.6p at 153p