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BATM boss in £1m sell-off
Mon, 01 Dec, 2008
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BATM boss in £1m sell-off
Wed, 27 Aug 2008, 16:06:00
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Related Market Prices
Name
Value
Percent
Change
BATM Advanced
34.50p
+0.00%
Huntsworth
36.00p
+0.00%
Leisure & Gaming
3.63p
+0.00%
Roc Oil Company
25.50p
+7.84%
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<b>BATM</b>'s chief executive sold more than £1m worth of shares in broadband and telecoms company yesterday.<br /><br />Zvi Marom offloaded 2m shares at 57p each, taking in a total of £1.14m. He also exercised options granted in the past nine years over about 2.2m shares.<br /><br />Following the sale he has around 90m shares or 22.77% of the company.<br /><br />Yesterday, the company said it was on target to fulfil its ambitious targets for full-year results, with contracts emanating from the Beijing Olympics having boosted sales. <br /><br />"Despite the general weakness in the global economy, our excellent first half underpins our optimism for further growth, both this year and beyond," he said.<br /><br /><br /><b>Top Director Buys</b><br /><br />Roc Oil Company (ROC) <br />Director name: Mr Bruce Clement<br />Amount purchased: 20,000 @ 53.09p <br />Value: £10,618<br /><br />Huntsworth (HNT) <br />Director name: Mr Eugene P. Beard<br />Amount purchased: 23,000 @ 66.60p <br />Value: £15,318<br /><br />Leisure & Gaming (LNG) <br />Director name: Mr Philip H Parker<br />Amount purchased: 180,000 @ 6.00p <br />Value: £10,800<br /><br /><br /><b>Top Director Sells</b><br /><br />BATM Advanced (BVC) <br />Director name: Dr Zvi Marom<br />Amount sold: 2,166,667 @ 57.00p <br />Value: £1,235,000<br /><br />BATM Advanced (BVC) <br />Director name: Dr Zvi Marom<br />Amount sold: 2,000,000 @ 57.00p <br />Value: £1,140,000<br /><br />Vtech (VTH) <br />Director name: Mr Pang King Fai<br />Amount sold: 17,000 @ 348.38p <br />Value: £59,225<br /><br />BATM Advanced (BVC) <br />Director name: Mr Ofer Bar-Ner<br />Amount sold: 1,000,000 @ 57.00p <br />Value: £570,000<br /><br />Leisure & Gaming (LNG) <br />Director name: Mr Neil Craven<br />Amount sold: 480,000 @ 6.00p <br />Value: £28,800<br />
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