BATM Advanced Communications Ld Director Share Purchases (0616P)
08 October 2019 - 5:00PM
UK Regulatory
TIDMBVC
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 +972 9866 2525
Moti Nagar, Chief Financial Officer
Shore Capital
Mark Percy, Anita Ghanekar, James Thomas +44 20 7408 4050
Luther Pendragon
Harry Chathli, Claire Norbury, Joe Quinlan +44 20 7618 9100
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 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 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 Ordinary Shares of 0.01 NIS each
financial instrument, in BATM Advanced Communications Ltd.
type of instrument
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 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 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 Ordinary Shares of 0.01 NIS each
financial instrument, in BATM Advanced Communications Ltd.
type of instrument
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
------------------------------------- --------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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