12th May 2011 13:18
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.
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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
Related Shares:
AVN.L