REG - BATM Advanced Comm - Transaction in Own Shares and TVR

Batm Advanced CommunicationsAnnouncement

04/04/2022 07:00

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RNS Number : 0591H  BATM Advanced Communications Ld  04 April 2022

LEI: 213800FLQUB9J289RU66

4 April 2022

 

BATM Advanced Communications Limited

("BATM" or "the Company")

 

Transaction in own shares

 and Total Voting Rights

 

Further to its announcement on 23 February 2022, BATM (LSE: BVC; TASE: BVC), a
leading provider of real-time technologies for networking solutions and
medical laboratory systems, announces that it purchased 200,000 ordinary
shares of NIS0.01 each in the Company ("Ordinary Shares") via the Company's
broker, Shore Capital Stockbrokers Limited ("Shore Capital Stockbrokers"), as
detailed below. The repurchased Ordinary Shares will be held in treasury.

 

 Date of purchase:                                      1 April 2022
 Aggregate number of ordinary shares purchased:         200,000
 Lowest price paid per share (pence):                   52.2
 Highest price paid per share (pence):                  52.2
 Volume weighted average price paid per share (pence):  52.2
 Treatment of purchased shares                          Held in treasury

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), the table below contains detailed information of the
individual trades made by Shore Capital Stockbrokers as part of the Company's
share buyback programme.

 

Individual transactions:

 

 Transaction date and time  Number of Ordinary Shares purchased  Transaction price (pence per share)  Trading venue
 1 April 2022               200,000                              52.2                                 LSE

 11:59 a.m. BST

 

Following settlement of the above transaction, the Company's issued share
capital will comprise 440,534,124 Ordinary Shares, including 200,000 Ordinary
Shares held in treasury.

 

Therefore, the figure of 440,334,124 Ordinary Shares should be used by
shareholders in the Company as the denominator for the calculations by which
they will determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under the
Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the
European Union (Withdrawal) Act 2018).

 

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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