BATM Advanced Communications Ld Director Share Purchase (9061O)
11 November 2016 - 1:54AM
UK Regulatory
TIDMBVC
RNS Number : 9061O
BATM Advanced Communications Ld
10 November 2016
10 November 2016
BATM Advanced Communications Limited
("BATM" or the "Group")
Director Share Purchase
BATM Advanced Communications Limited (LSE: BVC), a leading
provider of real-time technologies for networking solutions and
medical laboratory systems, announces that, today, Dr. Gideon
Chitayat, Chairman of the Group, acquired 1,000,000 ordinary shares
of 0.01 NIS each in the Group ("Ordinary Shares") at a price of
15.5 pence per Ordinary Share.
Following the transaction, Dr. Chitayat has an interest in
3,000,000 Ordinary Shares, representing approximately 0.74% of the
Group's issued ordinary share capital.
Enquiries:
BATM Advanced Communications
--------------------------------- -----------------
Dr Zvi Marom, Chief Executive
Officer +972 9866 2525
--------------------------------- -----------------
Moti Nagar, Chief Financial
Officer
--------------------------------- -----------------
finnCap
--------------------------------- -----------------
Stuart Andrews, Scott Mathieson +44 20 7220 0500
--------------------------------- -----------------
Shore Capital
--------------------------------- -----------------
Mark Percy, Anita Ghanekar +44 20 7408 4090
--------------------------------- -----------------
Luther Pendragon
--------------------------------- -----------------
Harry Chathli, Claire Norbury +44 20 7618 9100
--------------------------------- -----------------
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) No 596/2014. The
information set out below is provided in accordance with the
requirements of Article 19(3) of that Regulation.
1 Details of the person discharging managerial
responsibilities / person closely associated
---- ------------------------------------------------------------------
a) Name Dr. Gideon Chitayat
---- -------------------------- --------------------------------------
2 Reason for the notification
---- ------------------------------------------------------------------
a) Position/status Chairman
---- -------------------------- --------------------------------------
b) Initial notification Initial notification
/Amendment
---- -------------------------- --------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- ------------------------------------------------------------------
a) Name BATM Advanced Communications
Ltd.
---- -------------------------- --------------------------------------
b) LEI N/a
---- -------------------------- --------------------------------------
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 Ordinary Shares of 0.01 NIS
the financial each in BATM Advanced Communications
instrument, type Ltd.
of instrument
IL0010849045
Identification
code
---- -------------------------- --------------------------------------
b) Nature of the Purchase of Ordinary Shares
transaction
---- -------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
15.5p 1,000,000
--------- ----------
---- -------------------------- --------------------------------------
Aggregated information
- Aggregated volume 1,000,000
d) - Price 15.5p
---- -------------------------- --------------------------------------
e) Date of the transaction 10 November 2016
---- -------------------------- --------------------------------------
f) Place of the transaction London Stock Exchange, Main
Market
---- -------------------------- --------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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