REG - Ethernity Networks - Extension of the TSP

Ethernity NetworksAnnouncement

30/10/2023 14:30

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RNS Number : 7461R  Ethernity Networks Ltd  30 October 2023

 

30 October 2023

 

ETHERNITY NETWORKS LTD

("Ethernity" or the "Company")

 

Extension of the TSP

 

Ethernity Networks Ltd (AIM: ENET.L; OTCMKTS: ENETF), a leading supplier of
networking processing semiconductor technology ported on field programmable
gate arrays ("FPGAs") for virtualised networking appliances announces the
extension of the Temporary Suspension of Proceedings ("TSP") order.

 

As announced on 26 October 2023, the settlement manager had filed a report to
the Court in Lod ("Court") requesting an extension to the TSP period until the
end of December 2023. Following the submission of this report, the Court has
approved the request and the Company has been granted an extension of the TSP
process until 31 December 2023.

 

For further information, please contact:

 

 Ethernity Networks Ltd                                         Tel: +972 3 748 9846
 David Levi, Chief Executive Officer

 Allenby Capital Limited (Nominated Adviser and Joint Broker)   Tel: +44 (0)20 3328 5656
 James Reeve / Piers Shimwell (Corporate Finance)

 Amrit Nahal / Stefano Aquilino (Sales and Corporate Broking)

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

 

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