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Director Buys Shares

3 Oct 2011 09:46

RNS Number : 4011P
Avanti Communications Group Plc
03 October 2011
 



Avanti Communications Group plc

("the Company")

 

Directors Shareholdings

 

 

Avanti Communications Group plc (AIM: AVN), the satellite operator, was informed today by David Bestwick, Director, that he has today bought 20,000 shares at 275 pence per share.

David Bestwick now holds a total direct and indirect voting right interest in 1,231,648 ordinary shares in the Company, being approximately 1.52% of the issued ordinary share capital of the Company. Mr Bestwick has a further revocable and indirect interest in 430,202 ordinary shares under the Company's Long Term Incentive Plan which are subject to certain criteria.

 

 

--ENDS---

 

For further information please contact:

 

Avanti Communications Group Plc Tel: +44 (0)20 7749 1600

David Williams/Sean Watherston

 

Cenkos Securities plc Tel: +44 (0) 20 7397 8900

Nicholas Wells (Nomad) / Julian Morse (Sales)

 

Jefferies International Limited Tel: +44 (0) 20 7029 8000

Julian Smith / Thomas Rider

 

Redleaf Polhill Tel: +44 (0) 20 7566 6700

Emma Kane / Paul Dulieu

 

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