T42 IOT TRACKING SOLUTIONS PLC — Director's Dealing 2015

Oct 7, 2015

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 5090B

Starcom PLC

07 October 2015

7 October 2015

Starcom Systems Plc

("Starcom" or the "Company")

Director's Dealing

Starcom (AIM: STAR), which specialises in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets and people, announces that, in response to demand, Avi Hartmann (the Company's CEO), Uri Hartmann and Doron Kedem (also co-founders of the Company, and CTO and COO respectively of the operating subsidiaries) has each agreed to sell 355,500 Ordinary Shares in an off market transaction at 4.25p per share. The aggregate number of Ordinary Shares being sold represents 1.1 % of the issued share capital of the Company.

Following the sale, the above Director and co-founders will have the following interests in the Ordinary Shares of the Company:

	Ordinary Shares	% of voting rights
Avi Hartmann	19,011,168	19.7
Uri Hartmann	19,011,166	19.7
Doron Kedem	19,011,166	19.7

-ends-

For further information please contact:
Starcom plc	Northland Capital (Nomad)	Northland Capital (Broking)	Leander (Financial PR)
Michael Rosenberg Avi Hartmann	Edward Hutton David Hignell	John Howes Abigail Wayne	Christian Taylor-Wilkinson
Tel:  07785 727595        +972 543070103	Tel: 020 7382 1100	Tel: 020 7382 1100	Tel: 07795 168 157

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSEAPEXELNSFEF