Source - RNS
RNS Number : 4721K
BATM Advanced Communications Ld
21 September 2016
 

21 September 2016

 

BATM Advanced Communications Limited

("BATM" or the "Group")

 

Director Share Purchase

 

BATM Advanced Communications Limited (LSE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that, today, Dr. Zvi Marom, Chief Executive Officer of the Group, acquired 300,000 ordinary shares of 0.01 NIS each in the Group ("Ordinary Shares") at a price of 16.625 pence per Ordinary Share.

 

Following the transaction, Dr. Marom has an interest in 96,694,500 Ordinary Shares, representing approximately 23.98% of the Group's issued ordinary share capital.

 

Enquiries:

 

 BATM Advanced Communications


Dr Zvi Marom, Chief Executive Officer

+972 9866 2525                 

Moti Nagar, Chief Financial Officer




finnCap


Stuart Andrews, Scott Mathieson

+44 20 7220 0500                      



Shore Capital


Mark Percy, Anita Ghanekar

+44 20 7408 4090 



Luther Pendragon


Harry Chathli, Claire Norbury

+44 20 7618 9100

 

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014. The information set out below is provided in accordance with the requirements of Article 19(3) of that Regulation.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Dr. Zvi Marom

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

BATM Advanced Communications Ltd.

b)

 

LEI

 

 

N/a

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Ordinary Shares of 0.01 NIS each in BATM Advanced Communications Ltd.

 

IL0010849045

 

b)

 

Nature of the transaction

 

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

16.625p

 

300,000

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

300,000

 

 

16.625p

 

e)

 

Date of the transaction

 

 

21 September 2016

f)

 

Place of the transaction

 

 

London Stock Exchange, Main Market

 

 


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