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

Batm Advanced CommunicationsAnnouncement

13/12/2022 07:00

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RNS Number : 4540J  BATM Advanced Communications Ld  13 December 2022

LEI: 213800FLQUB9J289RU66

13 December 2022

 

BATM Advanced Communications Limited

("BATM" or "the Company")

 

Transaction in own shares

and Total Voting Rights

 

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for
networking solutions and medical laboratory systems, announces that it
purchased 1,305,000 ordinary shares of NIS 0.01 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:                                      12 December 2022
 Aggregate number of ordinary shares purchased:         1,305,000
 Lowest price paid per share (pence):                   23.037
 Highest price paid per share (pence):                  23.037
 Volume weighted average price paid per share (pence):  23.037
 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
 12 December 2022           1,305,000                            23.037p                              LSE / TASE

 

Following settlement of the above transaction, the Company's issued share
capital will comprise 440,534,124 Ordinary Shares, including 2,565,000
Ordinary Shares held in treasury.

 

Therefore, the figure of 437,969,124 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

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

 

 

 

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