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DIRECTOR DEALING - Avanti Director Buys 55K Shares At Below-Market Price

11th Sep 2013 07:11

LONDON (Alliance News) - Avanti Communications Group PLC, the broadband satellite operator, said Wednesday that Alan Foster, a non-executive director, purchased 35,000 shares on Tuesday at 179.75 pence per share and a further 20,000 shares at a price of 199.75p per share.

Following the acquisition, Foster now holds a total direct and indirect interest in 451,250 shares, about 0.4% of the total.

Avanti Communications share were priced early Wednesday at 226.40p per share, down 0.60p.

By Tom Waite; [email protected]; @thomaslwaite

Copyright 2013 Alliance News Limited. All Rights Reserved.


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