REG - BATM Advanced Comm - Clarification on FTSE Nationality Review

Batm Advanced CommunicationsAnnouncement

03/02/2022 11:25

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RNS Number : 6305A  BATM Advanced Communications Ld  03 February 2022

LEI: 213800FLQUB9J289RU66

3 February 2022

 

BATM Advanced Communications Limited

("BATM" or "the Group")

 

Clarification on FTSE Nationality Review

 

Further to the Group's announcement earlier today, BATM (LSE: BVC; TASE: BVC),
a leading provider of real-time technologies for networking solutions and
medical laboratory systems, confirms and clarifies that the Group will
continue to be traded on both the London Stock Exchange and the Tel Aviv Stock
Exchange ("TASE"). BATM's shares will continue to be listed on the Premium
segment of the Main Market of the London Stock Exchange plc, notwithstanding
this Index re-classification.

 

Due to the Group's domicile in Israel, its dual listing on TASE and the volume
of trading on that exchange, under the FTSE Russell Index rules, BATM, from
the 21 March 2022, will, in all likelihood, no longer be eligible for
inclusion in the FTSE UK Index Series (such as the FTSE All-share), but this
does not affect the trading of the stock on either the London Stock Exchange
or TASE, including all the indexes in TASE. Investors will continue to be
able to trade BATM's shares as previously.

 

 

Enquiries:

 BATM Advanced Communications
 Dr Zvi Marom, Chief Executive Officer                          +972 9866 2525
 Moti Nagar, Chief Financial Officer

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

 Luther Pendragon
 Harry Chathli, Claire Norbury                                  +44 20 7618 9100

 

 

 

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