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Director Share Purchase

6 Jun 2013 12:42

RNS Number : 4724G
BATM Advanced Communications Ld
06 June 2013
 



6 June 2013

 

BATM Advanced Communications Limited

("BATM" or "the Group")

 

Director Share Purchase

 

BATM Advanced Communications Limited (LSE: BVC; TASE: BATM), a leading provider of real-time technologies for the networked telecoms and medical laboratory equipment markets, announces that on 6 June 2013:

 

·; Dr Zvi Marom, Chief Executive Officer of BATM, purchased 400,000 of the Group's ordinary shares on the London Stock Exchange at a price of 15.75 pence per share; and

·; Ofer Bar-Ner, Chief Financial Officer of BATM, purchased 62,500 of the Group's ordinary shares on the London Stock Exchange at a price of 15.75 pence per share.

 

Following these transactions, Dr. Marom's beneficial holding increases to 93,894,500 ordinary shares representing 23.3 per cent of the Group's ordinary issued share capital. Mr. Bar-Ner's beneficial holding increases to 212,500 ordinary shares representing 0.05 per cent of the Group's ordinary issued share capital.

 

 

Enquiries:

 

BATM Advanced Communications

Dr Zvi Marom, Chief Executive Officer

+972 9866 2525

Ofer Bar-Ner, Chief Financial Officer

finnCap

Stuart Andrews, Henrik Persson - Corporate Finance

+44 20 7220 0500

Shore Capital

Pascal Keane

+44 20 7408 4090 

Luther Pendragon

Harry Chathli, Claire Norbury

+44 20 7618 9100

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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