Director's Dealing • Oct 8, 2019
Director's Dealing
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National Storage Mechanism | Additional information
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.
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