Director/PDMR Shareholding

RNS Number : 9475T

BATM Advanced Communications Ld

14 December 2011

 

BATM Advanced Communications Limited

14 December 2011

BATM Advanced Communications Limited ("BATM" or the "Company")

Director/PDMR share purchase

The Company has been informed that Itzik Weinstein, Chief Executive Officer of Telco Systems Inc. (a wholly owned subsidiary of BATM), has today purchased a total of 100,000 ordinary shares in the Company at a price of 14.08 pence per share.

Following this purchase, Mr. Weinstein has a beneficial holding of 100,000 ordinary shares representing approximately 0.02 per cent of the Company's ordinary issued share capital. Mr. Weinstein holds 1,500,000 options over the Company's ordinary shares.

Enquiries:

BATM Advanced Communications                [phone]                 

Dr Zvi Marom, Chief Executive

Ofer Bar-Ner, CFO

Threadneedle Communications                        020 7653 9850

Josh Royston / Graham Herring

finnCap                                                              020 7220 0500

Marc Young / Brian Patient

Shore Capital                                                    020 7408 4090 

Pascal Keane

 

END

 

 

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