PDMR / Director Shareholding

RNS: On behalf of: Avanti Communications Group plc
(“Avanti” or “the Company”)

PDMR / Director Shareholding

Avanti Communications Group plc (AIM: AVN), the satellite operator has been informed that Nigel Fox, Chief Financial Officer, today purchased 1,960 ordinary shares in the Company at a price of 252.94 pence per ordinary share. Following this transaction, Nigel Fox now holds a total direct and indirect voting right interest in 134,580 ordinary shares in the Company, being approximately 0.1% 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

Tulchan Communications      
Tel: +44 (0) 20 7353 4200

James Macey-White
 

About Avanti Communications

  • Avanti Communications is a carriers’ carrier, selling wholesale data telecoms to service providers which use them to create networks for enterprise, carrier, government and consumer users.
  • Avanti Communications’ network consists of:
    –    two high throughput satellites in orbit, called HYLAS 1 and HYLAS 2; a multiband satellite called Artemis plus a fourth satellite in construction called HYLAS 3; and a fifth called HYLAS 4
    –    an international fibre network connecting data centres in several countries
  • Avanti Communications has GEO satellite network spectrum filings in the ITU Master Register for Ka band at 33.5° West and 31.0° East and for Ka, Ku, S and L-band at 21.5° East.  
  • Avanti Communications serves customers in Europe, Middle East and Africa.
  • Visit: www.avantiplc.com
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