10 Oct 2012 16:03
10 October 2012
BATM Advanced Communications Limited
("BATM" or the "Company")
Director/PDMR Shareholding
BATM Advanced Communications Limited (LSE: BVC), a leading provider of real-time technologies for the networked telecoms and medical laboratory equipment markets, announces that, pursuant to a request by the Tel Aviv Stock Exchange ("TASE") to ensure adequate liquidity in the Company's ordinary shares on the TASE, Ofer Bar-Ner, Chief Financial Officer of BATM:
·; on 9 October 2012 sold 139,686 of the Company's ordinary shares on TASE at a price of 1.03 NIS (approx. 16.4 pence) per share; and
·; on 10 October 2012 purchased 139,686 of the Company's ordinary shares on the London Stock Exchange at a price of 16.4 pence per share.
Following these transactions, Mr. Bar-Ner's beneficial holding remains unchanged at 150,000 ordinary shares representing approximately 0.037 per cent of the Company's ordinary issued share capital. Mr. Bar-Ner holds 2,000,000 options over the Company's ordinary shares
Enquiries:
BATM Advanced Communications | |
Dr Zvi Marom, Chief Executive Officer | +972 9866 2525 |
Ofer Bar-Ner, Chief Financial Officer | |
finnCap | |
Marc Young, 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 |