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Spread: 2.00 (11.765%)
Market Cap: £34.68m
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Director's dealing

7 Oct 2015 10:00

RNS Number : 5090B
Starcom PLC
07 October 2015
 



 

 

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

 

 

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