16 November 2011
Sarantel Group plc
Holding in Company
Sarantel Group PLC, (AIM: SLG, 'Sarantel'), a leading manufacturer of high-performance, miniature filtering antennas for mobile and wireless devices, was informed on 15 November 2011 that Mr Ali Mortazavi sold 1,000,000 A ordinary shares at 0.79 pence per share on 8 November 2011, a further 1,500,000 A ordinary shares at 0.75 on 8 November 2011 and 4,500,000 A ordinary shares at 0.653 pence on 11 November 2011. Mr Mortazavi now has an interest in 32,500,000 A ordinary shares representing 3.9% of the issued share capital of the Company.
Enquiries
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Sarantel Group PLC |
01933 670 560 |
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David Wither, Chief Executive Officer Nicola Malyon, Chief Financial Officer |
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Seymour Pierce (Nominated adviser and broker) |
020 7107 8000 |
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Freddy Crossley |
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David Banks/Paul Jewell (Corporate Broking) |
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College Hill |
020 7457 2020 |
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Kay Larsen/Rozi Morris |
About Sarantel
Sarantel is a leader in the design of high-performance miniature antennas for portable wireless applications. Sarantel's revolutionary ceramic filtering antennas offer dramatically improved performance over existing antenna designs, resulting in a clearer signal, better range and a 90 per cent reduction in the amount of signal radiation absorbed by the body. Because of their smaller size and higher capabilities, Sarantel's antennas enable manufacturers to create innovative wireless products for the GPS, WiMax, Satellite Radio and Satellite phone markets. www.sarantel.com
This information is provided by RNS