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Director Exercise of Options

1st Aug 2011 07:00

RNS Number : 4432L
Avanti Communications Group Plc
01 August 2011
 



Avanti Communications Group plc ("the Company")

Director Exercise of Options

 Avanti Communications Group plc (AIM: AVN), the satellite operator, was informed on 29 July 2011, by Richard Vos, non-executive director, that on the same day he had exercised 11,250 share options at 1p per ordinary share under the long term scheme established in 2006, prior to Avanti's listing.

Richard Vos now holds a total direct and indirect voting right interest in 17,280 ordinary shares in the Company, being approximately 0.02% of the issued ordinary share capital of the Company. 

---ENDS---

 For further information please contact: Avanti Communications Group Plc Tel: +44 (0)20 7749 1600David Williams

Cenkos Securities plc Tel: +44 (0) 20 7397 8900Nicholas Wells (Nomad) / Julian Morse (Sales)

Jefferies International Limited Tel: +44 (0) 20 7029 8000Julian Smith/Thomas Rider

Redleaf Polhill Tel: +44 (0) 20 7566 6700Paul Dulieu / Emma Kane

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