Last checked at 7 Oct 2015 10:00
7 October 2015
Starcom Systems Plc
("Starcom" or the "Company")
Director's Dealing
Starcom (AIM: STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets and people, announces that, in response to demand, Avi Hartmann (the Company's CEO), Uri Hartmann and Doron Kedem (also co-founders of the Company, and CTO and COO respectively of the operating subsidiaries) has each agreed to sell 355,500 Ordinary Shares in an off market transaction at 4.25p per share. The aggregate number of Ordinary Shares being sold represents 1.1 % of the issued share capital of the Company.
Following the sale, the above Director and co-founders will have the following interests in the Ordinary Shares of the Company:
Ordinary Shares | % of voting rights | |
Avi Hartmann | 19,011,168 | 19.7 |
Uri Hartmann | 19,011,166 | 19.7 |
Doron Kedem | 19,011,166 | 19.7 |
-ends-
For further information please contact: | |||
Starcom plc | Northland Capital (Nomad) | Northland Capital (Broking) | Leander (Financial PR) |
Michael Rosenberg Avi Hartmann
| Edward Hutton David Hignell | John Howes Abigail Wayne
| Christian Taylor-Wilkinson |
Tel: 07785 727595 +972 543070103 | Tel: 020 7382 1100 | Tel: 020 7382 1100 | Tel: 07795 168 157 |