Clarification on FTSE Nationality Review

RNS Number : 6305A

BATM Advanced Communications Ld

03 February 2022

 

LEI: 213800FLQUB9J289RU66

3 February 2022

BATM Advanced Communications Limited

("BATM" or "the Group")

Clarification on FTSE Nationality Review

Further to the Group's announcement earlier today, BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, confirms and clarifies that the Group will continue to be traded on both the London Stock Exchange and the Tel Aviv Stock Exchange ("TASE"). BATM's shares will continue to be listed on the Premium segment of the Main Market of the London Stock Exchange plc, notwithstanding this Index re-classification. 

Due to the Group's domicile in Israel, its dual listing on TASE and the volume of trading on that exchange, under the FTSE Russell Index rules, BATM, from the 21 March 2022, will, in all likelihood, no longer be eligible for inclusion in the FTSE UK Index Series (such as the FTSE All-share), but this does not affect the trading of the stock on either the London Stock Exchange or TASE, including all the indexes in TASE. Investors will continue to be able to trade BATM's shares as previously.

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)	[phone]
Luther Pendragon
Harry Chathli, Claire Norbury	[phone]

 

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