18 May 2010 11:24
RNS Number : 1161M
BATM Advanced Communications Ld
18 May 2010
18 May 2010
BATM Advanced Communications Limited ("BATM" or the "Company")
The Company has been informed that, Dr. Zvi Marom, Chief Executive Officer of BATM, has today bought 450,000 ordinary shares in the Company at an average price of 22.917 pence per share.
Following this purchase, Dr. Marom has a beneficial holding of 92,044,500 ordinary shares representing approximately 22.88 per cent of the Company's ordinary issued share capital. Dr. Marom does not hold any options over the Company's ordinary shares.
Enquiries:
BATM Advanced Communications Limited
Ofer Barner, Chief Financial Officer 00 972 9 866 2525
Threadneedle Communications
Josh Royston 020 7653 9844
This information is provided by RNS
The company news service from the London Stock Exchange
Batm Advanced (BVC)