REG - Ethernity Networks - Completion of Nominated Adviser due diligence

Ethernity NetworksAnnouncement

28/06/2022 08:15

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RNS Number : 3463Q  Ethernity Networks Ltd  28 June 2022

 

28 June 2022

ETHERNITY NETWORKS LTD

("Ethernity" or the "Company")

 

Completion of Nominated Adviser due diligence and update on advisers

 

Ethernity Networks Ltd (AIM: ENET.L), a leading supplier of networking
processing semiconductor technology ported on FPGA (field programmable gate
array) for virtualised networking appliances, is pleased to announce that
further to the announcement of the appointment of Allenby Capital Limited
("Allenby Capital") as the Company's nominated adviser on 27 April 2022,
Allenby Capital has confirmed that it has completed its due diligence.

Further, with effect from today's date the Company's joint brokers are Allenby
Capital and Peterhouse Capital Limited.

For further information, please contact:

 

 Ethernity Networks Ltd                            Tel: +972 8 915 0392
 David Levi, Chief Executive Officer
 Mark Reichenberg, Chief Financial Officer

 Allenby Capital Limited                           Tel: +44 (0)20 3328 5656

 (Nominated Adviser and Joint Broker)
 James Reeve / Piers Shimwell (Corporate Finance)

 Amrit Nahal (Sales and Corporate Broking)

 Peterhouse Capital Limited (Joint Broker)         Tel: +44 (0)20 7562 0930
 Lucy Williams / Duncan Vasey / Eran Zucker

 

About Ethernity Networks

Ethernity Networks (AIM: ENET.L) provides innovative, comprehensive networking
and security solutions on programmable hardware for accelerating telco/cloud
networks. Ethernity's FPGA logic offers complete Carrier Ethernet Switch
Router data plane processing and control software with a rich set of
networking features, robust security, and a wide range of virtual function
accelerations to optimize telecommunications networks. Ethernity's complete
solutions quickly adapt to customers' changing needs, improving
time-to-market, and facilitating the deployment of 5G, edge computing, and
NFV.

 

 

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