5th Oct 2011 07:00
Avanti Communications Group plc
("the Company")
Directors Shareholdings
Avanti Communications Group plc (AIM: AVN), the satellite operator, was informed on 4 October 2011 by David Williams, Chief Executive, that on the same day he purchased 19,420 shares at 254.8 pence per share.
David Williams now holds a total direct and indirect voting right interest in 1,624,872 ordinary shares in the Company, being approximately 2.00% 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.
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For further information please contact:
Avanti Communications Group Plc Tel: +44 (0)20 7749 1600
David Williams/Sean Watherston
Cenkos Securities plc Tel: +44 (0) 20 7397 8900
Nicholas Wells (Nomad) / Julian Morse (Sales)
Jefferies International Limited Tel: +44 (0) 20 7029 8000
Julian Smith / Thomas Rider
Redleaf Polhill Tel: +44 (0) 20 7566 6700
Emma Kane / Paul Dulieu
Related Shares:
AVN.L