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Director Share Purchases

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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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Quick facts: BATM Advanced Communications Ltd

Price: 42

Market: LSE
Market Cap: £184.92 m
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