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Director/PDMR Shareholding

14 Dec 2011 10:35

RNS Number : 9475T
BATM Advanced Communications Ld
14 December 2011
 

 

BATM Advanced Communications Limited

 

14 December 2011

 

BATM Advanced Communications Limited ("BATM" or the "Company")

 

Director/PDMR share purchase

 

The Company has been informed that Itzik Weinstein, Chief Executive Officer of Telco Systems Inc. (a wholly owned subsidiary of BATM), has today purchased a total of 100,000 ordinary shares in the Company at a price of 14.08 pence per share.

 

Following this purchase, Mr. Weinstein has a beneficial holding of 100,000 ordinary shares representing approximately 0.02 per cent of the Company's ordinary issued share capital. Mr. Weinstein holds 1,500,000 options over the Company's ordinary shares.

 

Enquiries:

 

BATM Advanced Communications +972 9866 2525

Dr Zvi Marom, Chief Executive

Ofer Bar-Ner, CFO

 

Threadneedle Communications 020 7653 9850

Josh Royston / Graham Herring

 

finnCap 020 7220 0500

Marc Young / Brian Patient

 

Shore Capital 020 7408 4090 

Pascal Keane

 

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