t42 IoT Tracking Solutions PLC - provides tracking, security, and monitoring solutions for the global supply chain, logistics, container, and freight market - Says business is currently "unaffected" by recent events in Israel. Says team is unharmed and is operating as usual. Remains on track to implement strategy.
On Sunday, Prime Minister Benjamin Netanyahu warned Israel to prepare for a "long and difficult" conflict, a day after Palestinian militant group Hamas launched a surprise assault from Gaza. At least 700 Israelis have been killed since Hamas launched its large-scale attack, according to the Israel Defense Forces on Monday. Gaza's officials reported at least 413 deaths in the impoverished and blockaded enclave of 2.3 million people, which was hammered by Israeli air strikes on 800 targets ahead of what many feared may be a looming ground invasion.
Current stock price: 2.68 pence, down 18% in London on Monday afternoon
12-month change: down 70%
By Sabrina Penty, Alliance News reporter
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