22nd Dec 2008 11:03
22 December 2008
Sarantel Group plc
("Sarantel" or the "Company")
Directors' shareholding
The Company announces that on 19 December 2008 Geoff Shingles, Chairman, purchased 400,000 ordinary shares in the issued share capital of the Company (the "Ordinary Shares") at a price of 1.3 pence per share, equivalent to 0.21 per cent. of the issued voting share capital of the Company. Following the purchase, Mr Shingles now holds 979,132 Ordinary Shares, equivalent to 0.51 per cent. of the issued voting share capital of the Company.
In addition, the Company announces that on the same day David Wither, Chief Executive Officer, purchased 175,000 Ordinary Shares at a price of 1.3 pence per share, equivalent to 0.09 per cent. of the issued voting share capital of the Company. Following the purchase, Mr Wither now holds 877,079 Ordinary Shares, equivalent to 0.46 per cent. of the issued voting share capital of the Company.
Enquiries:
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Sarantel |
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David Wither, Chief Executive Officer |
01933 670 560 |
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Sitkow Yeung, Finance Director |
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John East & Partners Limited |
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John East/Simon Clements |
020 7628 2200 |
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College Hill |
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Adrian Duffield/ Carl Franklin |
020 7457 2020 |
Notes to Editors:
Sarantel (www.sarantel.com)
Sarantel is a leader in the design of high-performance miniature antennas for portable wireless applications including hand-held navigation, personal and asset tracking, satellite radio and satellite phones.
Sarantel's revolutionary ceramic filtering antennas offer dramatically improved performance over existing antenna designs, resulting in a clearer signal, better range and a 90 per cent reduction in the amount of signal radiation absorbed by the body. Because of their smaller size and higher capabilities, Sarantel's antennas enable manufacturers the creation of innovative wireless products for the GPS, WiMax, satellite radio and satellite phone markets.
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