13th Dec 2011 14:00
BATM Advanced Communications Limited
13 December 2011
BATM Advanced Communications Limited ("BATM" or the "Company")
Director share purchase
The Company has been informed that Dr. Zvi Marom, Chief Executive Officer of BATM, has on 12 December and today purchased a total of 1 million ordinary shares in the Company at an average price of 12.43125 pence per share.
Following this purchase, Dr. Marom has a beneficial holding of 93,494,500 ordinary shares representing approximately 23.21 per cent of the Company's ordinary issued share capital. Dr. Marom holds 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