Director Share Purchase

RNS Number : 4724G

BATM Advanced Communications Ld

06 June 2013

 



6 June 2013

BATM Advanced Communications Limited

("BATM" or "the Group")

Director Share Purchase

BATM Advanced Communications Limited (LSE: BVC; TASE: BATM), a leading provider of real-time technologies for the networked telecoms and medical laboratory equipment markets, announces that on 6 June 2013:

·    Dr Zvi Marom, Chief Executive Officer of BATM, purchased 400,000 of the Group's ordinary shares on the London Stock Exchange at a price of 15.75 pence per share; and

·    Ofer Bar-Ner, Chief Financial Officer of BATM, purchased 62,500 of the Group's ordinary shares on the London Stock Exchange at a price of 15.75 pence per share.

Following these transactions, Dr. Marom's beneficial holding increases to 93,894,500 ordinary shares representing 23.3 per cent of the Group's ordinary issued share capital. Mr. Bar-Ner's beneficial holding increases to 212,500 ordinary shares representing 0.05 per cent of the Group's ordinary issued share capital.

Enquiries:

BATM Advanced Communications
Dr Zvi Marom, Chief Executive Officer	[phone]
Ofer Bar-Ner, Chief Financial Officer
finnCap
Stuart Andrews, Henrik Persson - Corporate Finance	[phone]
Shore Capital
Pascal Keane	[phone]
Luther Pendragon
Harry Chathli, Claire Norbury	[phone]

 

END

 

 

RDSUNSARORANRAR