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BATM Advanced Communications Ltd.

Board/Management Information Dec 11, 2014

6682_dirs_2014-12-11_7cd76d36-7f9d-42f5-ba2d-02d09fca0c30.html

Board/Management Information

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RNS Number : 4520Z

BATM Advanced Communications Ld

11 December 2014

11 December 2014

BATM Advanced Communications Limited

("BATM" or "the Group")

Director Shareholdings

BATM Advanced Communications Limited (LSE: BVC; TASE: BATM), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that, on 10 December 2014, Mr. Peter Sheldon, Chairman of the Group, sold 600,000 ordinary shares of 0.01 NIS each in the Group ("Ordinary Shares") at a price of 15.375 pence per Ordinary Share. In addition, BATM received notification that, on the same date, Dr. Gideon Chitayat, a non-executive director of the Group, acquired an interest in 600,000 Ordinary Shares at a price of 15.375 pence per Ordinary Share.

Following the transactions, Mr. Sheldon has an interest in 150,000 Ordinary Shares and Dr. Chitayat has an interest in 600,000 Ordinary Shares, representing approximately 0.037% and 0.149% of the Group's issued ordinary share capital respectively.

As announced on 18 November 2014, Mr. Sheldon will retire his position as Chairman and as a non-executive director of the Group on 1 January 2015, and will be replaced as Chairman by Dr. Chitayat.

Enquiries

BATM Advanced Communications
Dr Zvi Marom, Chief Executive Officer +972 9866 2525
Ofer Bar-Ner, Chief Financial Officer
finnCap
Stuart Andrews, Henrik Persson +44 20 7220 0500
Shore Capital
Pascal Keane +44 20 7408 4090
Luther Pendragon
Harry Chathli, Claire Norbury, Amelia Bullock-Muir +44 20 7618 9100

This information is provided by RNS

The company news service from the London Stock Exchange

END

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