REG - Ethernity Networks - Holding(s) in Company

Ethernity NetworksAnnouncement

05/09/2022 12:30

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RNS Number : 2861Y  Ethernity Networks Ltd  05 September 2022

5 September 2022

ETHERNITY NETWORKS LIMITED

("Ethernity" or the "Company")

Holdings in Company

Ethernity Networks (http://www.ethernitynet.com/) (AIM: ENET.L), a leading
supplier of data processing offload solutions on programmable FPGA (field
programmable gate array) for accelerating telco/cloud networks, received
notification on 2 September 2022 that 5G Innovation Leaders Fund, LLC's (the
"Investor") voting rights over the Company's issued share capital have fallen
below 3% and the Investor therefore no longer holds a notifiable interest in
the Company's share capital.

 

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 semiconductor 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.

For more information on Ethernity's products and solutions, please see The
Company's website at www.ethernitynet.com (http://www.ethernitynet.com) .

 

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