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RNS Number : 6883E Ethernity Networks Ltd 18 May 2026
18 May 2026
Ethernity Networks Limited
("Ethernity" or the "Company")
Director dealing
Ethernity Networks Limited (AIM: ENET.L; OTCMKTS: ENETF), announces that it
was notified on 17 May 2026 that David Levi, Chief Executive Officer, has sold
6,860,000 ordinary shares of no par value each in the Company ("Ordinary
Shares"). Following the transaction, David Levi now holds 966,662,797 Ordinary
Shares, representing approximately 3.65% of the Company's issued share
capital.
The sale was undertaken in connection with the closure of an investment
account through which the shares had previously been acquired by Mr Levi in
December 2024.
The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, provides further details of the transaction.
For further information, please contact:
Ethernity Networks Ltd Tel: +972 3 748 9846
David Levi, Chief Executive Officer
Tomer Assis, Chief Financial Officer
Allenby Capital Limited (Nominated Adviser and Joint Broker) Tel: +44 (0)20 3328 5656
James Reeve (Corporate Finance)
Amrit Nahal (Sales and Corporate Broking)
CMC Markets UK plc (Joint Broker) Tel: +44 (0)20 3003 8632
Douglas Crippen
ALBR Capital Limited (Joint Broker) Tel: +44 (0)20 7562 0930
Lucy Williams / Duncan Vasey
About Ethernity Networks
Ethernity Networks (AIM: ENET.L; OTCMKTS: ENETF) provides innovative and
comprehensive networking, security and PON semiconductor technology that
enhances the capacity and efficiency of telco/cloud network infrastructure.
Ethernity's silicon-proven logic provides advanced data processing
functionality for various networking applications, alongside patented wireless
access technology, patented routing technology and passive optical network
(PON) controller. These are complemented by robust control software boasting a
rich set of networking functions. Ethernity's technology adaptable solutions
accelerate time-to-market and facilitate the deployment of 5G services over
both wireless and fiber infrastructure.
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name David Levi
2 Reason for the notification
a) Position/status Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer
or auction monitor
a) Name Ethernity Networks Ltd
b) LEI 213800LZJO33QBNXU496
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument;
(ii) each type of transaction; (iii) each date; and (iv) each place where
transactions have been conducted
a) Description of the financial instrument, type of ordinary shares of no par value
instrument Identification code
ISIN: IL0011410359
b) Nature of the transaction Sale of shares
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil consideration 6,860,000
d) Aggregated information N/a - single transaction
e) Date of the transaction 13 May 2026
f) Place of the transaction XLON
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