Director's Dealing • Nov 10, 2016
Director's Dealing
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National Storage Mechanism | Additional information
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 /Amendment
Initial notification
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 the financial instrument, type of instrument
Identification code
Ordinary Shares of 0.01 NIS each in BATM Advanced Communications Ltd.
IL0010849045
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 15.5p | 1,000,000 |
d)
Aggregated information
- Aggregated volume
- Price
1,000,000
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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