Directors Shareholdings – 12th July 2013

Avanti Communications Group plc (AIM: AVN), the satellite operator, was informed today by Matthew O’Connor, Director, that on 12 July 2013 he bought 5,000 shares at 167.75 pence per ordinary share.

Matthew O’Connor now holds a total direct and indirect voting right interest in 202,091 ordinary shares in the Company, being approximately 0.18% of the issued ordinary share capital of the Company.

—€ENDS—

 

For further information please contact:

 

Avanti Communications Group Plc
Tel: +44 (0) 20 7749 1600
David Williams, Chief Executive
Nigel Fox, Finance Director

 

Cenkos Securities plc
Tel: +44 (0) 20 7397 8900
Max Hartley (Nomad)/Julian Morse

 

Jefferies Hoare Govett
Tel: +44 (0) 20 7029 8000
Neil Collingridge/John Fishley

 

Tulchan Communications LLP
Tel: +44 (0) 20 7353 4200
James Macey White

 

About Avanti
  • Avanti sells satellite data communications services to telecoms companies which use them to supply residential, enterprise and institutional users.
  • Avanti’s first satellite called HYLAS 1, launched on November 26th 2010 and was the first superfast broadband satellite launched for Europe.
  • Avanti’s second satellite, called HYLAS 2, launched on August 2nd 2012. It extended Avanti’s coverage to Africa, the Caucasus and the Middle East.
  • Avanti’s third satellite HYLAS 3, to be launched in partnership with ESA in 2015, will provide further capacity in the EMEA region.
  • 83% of Avanti’s fleet capacity address the high growth telecommunications markets of Africa, the Caucasus and the Middle East.

 

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