13 Dec 2011 14:00
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BATM Advanced Communications Limited
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13 December 2011
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BATM Advanced Communications Limited ("BATM" or the "Company")
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Director share purchase
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The Company has been informed that Dr. Zvi Marom, Chief Executive Officer of BATM, has on 12 December and today purchased a total of 1 million ordinary shares in the Company at an average price of 12.43125 pence per share.
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Following this purchase, Dr. Marom has a beneficial holding of 93,494,500 ordinary shares representing approximately 23.21 per cent ofΒ the Company's ordinary issued share capital. Dr. Marom holds 500,000 options over the Company's ordinary shares.
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Enquiries:
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BATM Advanced Communications +972 9866 2525
Dr Zvi Marom, Chief Executive
Ofer Bar-Ner, CFO
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Threadneedle Communications 020 7653 9850
Josh Royston / Graham Herring
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finnCap 020 7220 0500
Marc Young / Brian Patient
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Shore Capital 020 7408 4090Β
Pascal Keane
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