14th Dec 2011 10:35
BATM Advanced Communications Limited
14 December 2011
BATM Advanced Communications Limited ("BATM" or the "Company")
Director/PDMR share purchase
The Company has been informed that Itzik Weinstein, Chief Executive Officer of Telco Systems Inc. (a wholly owned subsidiary of BATM), has today purchased a total of 100,000 ordinary shares in the Company at a price of 14.08 pence per share.
Following this purchase, Mr. Weinstein has a beneficial holding of 100,000 ordinary shares representing approximately 0.02 per cent of the Company's ordinary issued share capital. Mr. Weinstein holds 1,500,000 options over the Company's ordinary shares.
Enquiries:
BATM Advanced Communications +972 9866 2525
Dr Zvi Marom, Chief Executive
Ofer Bar-Ner, CFO
Threadneedle Communications 020 7653 9850
Josh Royston / Graham Herring
finnCap 020 7220 0500
Marc Young / Brian Patient
Shore Capital 020 7408 4090
Pascal Keane
Related Shares:
Batm Advanced