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Director Buys Shares

16th Jun 2011 12:04

RNS Number : 5700I
Avanti Communications Group Plc
16 June 2011
 



Avanti Communications Group plc

("the Company")

 

Director Buys Shares 

 

Avanti Communications Group plc (AIM: AVN), the broadband satellite operator, was informed on 16 June 2011 by David Williams, Chief Executive, that on the same day he purchased 28,200 ordinary shares in the Company at a price of 350 pence per ordinary share.

David Williams now holds a total direct and indirect voting right interest in 1,576,590 ordinary shares in the Company, being approximately 1.96% 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

Nicholas Wells (Nomad) / Julian Morse (Sales)

 

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

Julian Smith / Oliver Griffiths

 

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

Emma Kane / Paul Dulieu

 

 

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