Block Listing Application

RNS Number : 8283N

BATM Advanced Communications Ld

26 May 2020

 

LEI: 213800FLQUB9J289RU66

26 May 2020

BATM Advanced Communications Limited

("BATM" or "the Group")

Block Listing Application

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that an application has been made to the London Stock Exchange ("LSE") for a block listing of 3,264,827 ordinary shares of 0.01 NIS each in the Group ("Ordinary Shares") to be admitted to the Official List and to trading on the LSE's market for listed securities ("Admission").

The Ordinary Shares that are being reserved under this block listing will be issued and allotted to satisfy the exercise of share options pursuant to the Group's 2004 Employee Share Option Plan.

It is expected that Admission will become effective at 8.00am BST on 27 May 2020. These Ordinary Shares will, when issued, rank pari passu with the existing ordinary shares of the Group.

Enquiries:

BATM Advanced Communications
Dr Zvi Marom, Chief Executive Officer	[phone]
Moti Nagar, Chief Financial Officer
Shore Capital
Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory) Henry Willcocks (Corporate Broking)	[phone]
Luther Pendragon
Harry Chathli, Claire Norbury	[phone]

 

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