BATM Advanced Communications Ld Director Share Purchases (0616P)

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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        [phone] 
Moti Nagar, Chief Financial Officer 
 
 
Shore Capital 
Mark Percy, Anita Ghanekar, James Thomas     [phone] 
 
 
Luther Pendragon 
Harry Chathli, Claire Norbury, Joe Quinlan   [phone] 
 

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                   Initial notification 
        /Amendment 
      -------------------------------------  -------------------------------------------- 
 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                     Ordinary Shares of 0.01 NIS each 
        financial instrument,                  in BATM Advanced Communications Ltd. 
        type of instrument 
 
       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                   Initial notification 
        /Amendment 
      -------------------------------------  -------------------------------------------- 
 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                     Ordinary Shares of 0.01 NIS each 
        financial instrument,                  in BATM Advanced Communications Ltd. 
        type of instrument 
 
       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 [e-mail] or visit www.rns.com.

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October 08, 2019 02:00 ET (06:00 GMT)