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Directors Buy Shares

12th May 2011 13:18

RNS Number : 4953G
Avanti Communications Group Plc
12 May 2011
 



Avanti Communications Group plc

("the Company")

 

Directors Buy shares

 

 

Avanti Communications Group plc (AIM: AVN), the satellite operator, was informed on 12 May 2011, by John Brackenbury, Chairman, and Alan Foster, non-executive director that on the same day they had exercised 31,432 and 7,500 share options respectively at 1 p per ordinary share.

John Brackenbury now holds a total direct and indirect voting right interest in 367,321 ordinary shares in the Company, being approximately 0.45% of the issued ordinary share capital of the Company. Alan Foster now holds a total direct and indirect voting right interest in 384,750 ordinary shares in the Company, being approximately 0.47% of the issued ordinary share capital of the Company.

 

 

---ENDS---

 

For further information please contact:

 

Avanti Communications Group Plc Tel: +44 (0)20 7749 1600

David Williams

 

Cenkos Securities plc Tel: +44 (0) 20 7397 8900

Nicholas Wells (Nomad) / Julian Morse (Sales)

 

Jefferies International Limited Tel: +44 (0) 20 7029 8000

Julian Smith

 

Redleaf Polhill Tel: +44 (0) 20 7566 6700

Paul Dulieu / Emma Kane

 

 

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