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:
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BATM Advanced Communications |
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Dr Zvi Marom, Chief Executive Officer |
+972 9866 2525 |
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Moti Nagar, Chief Financial Officer |
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finnCap |
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Stuart Andrews, Scott Mathieson |
+44 20 7220 0500 |
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Shore Capital |
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Mark Percy, Anita Ghanekar |
+44 20 7408 4090 |
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Luther Pendragon |
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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.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Dr. Gideon Chitayat |
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2 |
Reason for the notification |
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a) |
Position/status |
Chairman |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
BATM Advanced Communications Ltd. |
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b) |
LEI |
N/a |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of 0.01 NIS each in BATM Advanced Communications Ltd. IL0010849045 |
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b) |
Nature of the transaction |
Purchase of Ordinary Shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
1,000,000 15.5p |
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e) |
Date of the transaction |
10 November 2016 |
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f) |
Place of the transaction |
London Stock Exchange, Main Market |
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This information is provided by RNS