Director Share Purchases

RNS Number : 0616P

BATM Advanced Communications Ld

08 October 2019

 

LEI: 213800FLQUB9J289RU66

8 October 2019

BATM Advanced Communications Limited

("BATM" or "the Company")

Director Share Purchases

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that, on 7 October 2019, Dr. Gideon Chitayat, Chairman of the Company, and Dr. Zvi Marom, Chief Executive Officer of the Company, purchased ordinary shares of 0.01 NIS each in the Company ("Ordinary Shares"). Dr. Chitayat purchased 159,000 Ordinary Shares and Dr. Marom purchased 100,000 Ordinary Shares, both at a price of 38.3 pence per Ordinary Share.

Following these purchases, Dr. Chitayat has an interest in 3,159,000 Ordinary Shares and Dr. Marom has an interest in 96,794,500 Ordinary Shares, representing approximately 0.7% and 22.0% respectively of the Company's issued share capital.

Enquiries:

BATM Advanced Communications
Dr Zvi Marom, Chief Executive Officer	[phone]
Moti Nagar, Chief Financial Officer
Shore Capital
Mark Percy, Anita Ghanekar, James Thomas	[phone]
Luther Pendragon
Harry Chathli, Claire Norbury, Joe Quinlan	[phone]

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gideon Chitayat
2	Reason for the notification
a)	Position/status	Chairman and Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BATM Advanced Communications Ltd.
b)	LEI	213800FLQUB9J289RU66
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares of 0.01 NIS each in BATM Advanced Communications Ltd.
	Identification code	IL0010849045
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			38.3 pence	159,000
d)	Aggregated information
	- Aggregated volume	159,000
	- Price	38.3 pence
e)	Date of the transaction	7 October 2019
f)	Place of the transaction	London Stock Exchange, Main Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Zvi Marom
2	Reason for the notification
a)	Position/status	Chief Executive Officer and Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	BATM Advanced Communications Ltd.
b)	LEI	213800FLQUB9J289RU66
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares of 0.01 NIS each in BATM Advanced Communications Ltd.
	Identification code	IL0010849045
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			38.3 pence	100,000
d)	Aggregated information
	- Aggregated volume	100,000
	- Price	38.3 pence
e)	Date of the transaction	7 October 2019
f)	Place of the transaction	London Stock Exchange, Main Market

 

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