REG - BATM Advanced Comm - Block Listing Application

Batm Advanced CommunicationsAnnouncement

30/11/2023 07:15

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RNS Number : 1965V  BATM Advanced Communications Ld  30 November 2023

LEI: 213800FLQUB9J289RU66

30 November 2023

 

BATM Advanced Communications Limited

("BATM" or the "Group")

 

Block Listing Application

 

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for
networking solutions and medical laboratory systems, announces that an
application has been made to the London Stock Exchange ("LSE") for a block
listing of 4,360,391 ordinary shares of 0.01 NIS each in the Group ("Ordinary
Shares") to be admitted to the Official List and to trading on the LSE's
market for listed securities ("Admission").

 

The Ordinary Shares that are being reserved under this block listing will be
issued and allotted to satisfy the exercise of share options or vesting of
long-term incentives awarded pursuant to the Group's Global Share Incentive
Plan (2021)*.

 

It is expected that Admission will become effective at 8.00am GMT on 1
December 2023. These Ordinary Shares will, when issued, rank pari passu with
the existing Ordinary Shares of the Group.

 

* Details of the Global Share Incentive Plan (2021) can be found in BATM's
Annual Report 2021 

 

 

Enquiries

 

 BATM Advanced Communications
 Moti Nagar, Chief Executive Officer                            +972 9866 2525
 Ran Noy, Chief Financial Officer

 Shore Capital
 Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory)  +44 20 7408 4050

 Gracechurch Group
 Harry Chathli, Claire Norbury                                  +44 20 4582 3500

 

 

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