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Director/PDMR Shareholding

10th Oct 2012 16:03

RNS Number : 4220O
BATM Advanced Communications Ld
10 October 2012
 



10 October 2012

 

BATM Advanced Communications Limited

("BATM" or the "Company")

 

Director/PDMR Shareholding

 

BATM Advanced Communications Limited (LSE: BVC), a leading provider of real-time technologies for the networked telecoms and medical laboratory equipment markets, announces that, pursuant to a request by the Tel Aviv Stock Exchange ("TASE") to ensure adequate liquidity in the Company's ordinary shares on the TASE, Ofer Bar-Ner, Chief Financial Officer of BATM:

 

·; on 9 October 2012 sold 139,686 of the Company's ordinary shares on TASE at a price of 1.03 NIS (approx. 16.4 pence) per share; and

 

·; on 10 October 2012 purchased 139,686 of the Company's ordinary shares on the London Stock Exchange at a price of 16.4 pence per share.

 

Following these transactions, Mr. Bar-Ner's beneficial holding remains unchanged at 150,000 ordinary shares representing approximately 0.037 per cent of the Company's ordinary issued share capital. Mr. Bar-Ner holds 2,000,000 options over the Company's ordinary shares

 

 

Enquiries:

 

BATM Advanced Communications

Dr Zvi Marom, Chief Executive Officer

+972 9866 2525

Ofer Bar-Ner, Chief Financial Officer

finnCap

Marc Young, Henrik Persson - Corporate Finance

+44 20 7220 0500

Shore Capital

Pascal Keane

+44 20 7408 4090 

Luther Pendragon

Harry Chathli, Claire Norbury

+44 20 7618 9100

 

 

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