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Directors Shareholdings

23 Feb 2011 15:25

RNS Number : 7400B
Avanti Communications Group Plc
23 February 2011
 



Avanti Communications Group plc

("the Company")

 

Directors Shareholdings

 

Avanti Communications Group plc (AIM: AVN), the broadband satellite operator, was today notified by John Brackenbury, Chairman, that he had purchased 8,998 ordinary shares in the Company at a price of 549.75 pence per ordinary share. John Brackenbury now holds a total direct and indirect voting right interest in 321,889 ordinary shares in the Company, being approximately 0.38% of the issued ordinary share capital of the Company.

 

The Company was also notified today by David Williams, CEO, that he had purchased 17,997 ordinary shares in the Company at a price of 549.75 pence per ordinary share. David Williams now holds a total direct and indirect voting right interest in 1,505,072 ordinary shares in the Company, being approximately 1.77% of the issued ordinary share capital of the Company. Mr Williams has a further revocable and indirect interest in 522,233 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

 

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

Max Hartley / Julian Morse

 

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

Julian Smith / Oliver Griffiths

 

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

Paul Dulieu / Emma Kane

 

 

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