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BATM Advanced Communications Ltd.

Director's Dealing Oct 8, 2019

6682_dirs_2019-10-08_01a48d78-4391-4e01-ad35-6a73fbe3dfeb.html

Director's Dealing

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National Storage Mechanism | Additional information

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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 /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

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 financial instrument, type of instrument

Ordinary Shares of 0.01 NIS each in BATM Advanced Communications Ltd.

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 /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

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 financial instrument, type of instrument

Ordinary Shares of 0.01 NIS each in BATM Advanced Communications Ltd.

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 [email protected] or visit www.rns.com.

END

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