Director/PDMR Shareholding
BATM Advanced Communications Limited
17 March 2011
BATM Advanced Communications Limited ("BATM" or the "Company")
Director share purchases
The Company has been informed of the following director share purchases: Dr. Zvi Marom, Chief Executive Officer of BATM, has today bought 450,000 ordinary shares in the Company at a price of 21 pence per share and Ofer Bar-Ner, Chief Financial Officer of BATM has today bought 150,000 ordinary shares in the Company at a price of 21 pence per share.
Following these purchases, Dr. Marom has a beneficial holding of 92,494,500 ordinary shares representing approximately 22.96 per cent of the Company's ordinary issued share capital and Mr. Bar-Ner has a beneficial holding of 150,000 ordinary shares representing approximately 0.037 per cent of the Company's ordinary issued share capital. Dr. Marom holds 500,000 options over the Company's ordinary shares. Mr. Bar-Ner holds 1,413,333 options over the Company's ordinary shares.
Enquiries:
BATM Advanced Communications Limited
Ofer Bar-Ner, Chief Financial Officer 00 972 9 866 2525
Threadneedle Communications 020 7653 9850
Josh Royston / Graham Herring
Singer Capital Markets Ltd 020 3205 7626
Shaun Dobson
Shore Capital 020 7408 4090
Pascal Keane
This information is provided by RNS