26th Jun 2017 08:27
26 June 2017
Starcom Plc
("Starcom" or the "Company")
Admission and Block Admission effective
Director/PDMR shareholdings
Starcom (AIM: STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets and people, is pleased to announce that the 43,333,336 new Ordinary Shares issued in the Placing announced on 21 June 2017 have today been admitted to trading on AIM. The Block Admission of up to 8,666,667 new Ordinary Shares which may be issued pursuant to the exercise of the Placing Warrants has also become effective.
The interests of the Directors and co-founders in the Ordinary Shares of the Company are as stated in the table below:
Ordinary Shares
| % of voting rights | |
Avi Hartmann | 22,197,936 | 11.0 |
Avi Engel | 498,334 | 0.2 |
Michael Rosenberg* | 1,728,334 | 0.9 |
Uri Hartmann | 23,597,934 | 11.7 |
Doron Kedem | 23,597,934 | 11.7 |
* Mr Rosenberg's shares are held through his personal pension plan of which he is the sole beneficiary.
-ends-
For further information, please contact:
Starcom Plc
Michael Rosenberg, Chairman 07785 727 595
Avi Hartmann, CEO +972 5430 70103
+972 3619 9901
Northland Capital Partners Limited
(Nominated Adviser and Broker) 020 3861 6625
Edward Hutton / David Hignell (Corporate Finance)
John Howes (Sales and Broking)
Peterhouse Corporate Finance (Joint Broker) 020 7469 0930
Lucy Williams / Charles Goodfellow / Eran Zucker
Leander PR (Financial PR) 020 7520 9267
Christian Taylor-Wilkinson 07795 168 157
Related Shares:
Star Energy