Director/PDMR Shareholding

RNS Number : 4220O

BATM Advanced Communications Ld

10 October 2012

 



10 October 2012

BATM Advanced Communications Limited

("BATM" or the "Company")

Director/PDMR Shareholding

BATM Advanced Communications Limited (LSE: BVC), a leading provider of real-time technologies for the networked telecoms and medical laboratory equipment markets, announces that, pursuant to a request by the Tel Aviv Stock Exchange ("TASE") to ensure adequate liquidity in the Company's ordinary shares on the TASE, Ofer Bar-Ner, Chief Financial Officer of BATM:

·    on 9 October 2012 sold 139,686 of the Company's ordinary shares on TASE at a price of 1.03 NIS (approx. 16.4 pence) per share; and

·    on 10 October 2012 purchased 139,686 of the Company's ordinary shares on the London Stock Exchange at a price of 16.4 pence per share.

Following these transactions, Mr. Bar-Ner's beneficial holding remains unchanged at 150,000 ordinary shares representing approximately 0.037 per cent of the Company's ordinary issued share capital. Mr. Bar-Ner holds 2,000,000 options over the Company's ordinary shares

Enquiries:

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

 

END

 

 

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