Transaction in Own Shares and TVR

RNS Number : 0591H

BATM Advanced Communications Ld

04 April 2022

 

LEI: 213800FLQUB9J289RU66

4 April 2022

BATM Advanced Communications Limited

("BATM" or "the Company")

Transaction in own shares

 and Total Voting Rights

Further to its announcement on 23 February 2022, BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that it purchased 200,000 ordinary shares of NIS0.01 each in the Company ("Ordinary Shares") via the Company's broker, Shore Capital Stockbrokers Limited ("Shore Capital Stockbrokers"), as detailed below. The repurchased Ordinary Shares will be held in treasury.

Date of purchase:	1 April 2022
Aggregate number of ordinary shares purchased:	200,000
Lowest price paid per share (pence):	52.2
Highest price paid per share (pence):	52.2
Volume weighted average price paid per share (pence):	52.2
Treatment of purchased shares	Held in treasury

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Shore Capital Stockbrokers as part of the Company's share buyback programme.

Individual transactions:

Transaction date and time	Number of Ordinary Shares purchased	Transaction price (pence per share)	Trading venue
1 April 2022 11:59 a.m. BST	200,000	52.2	LSE

Following settlement of the above transaction, the Company's issued share capital will comprise 440,534,124 Ordinary Shares, including 200,000   Ordinary Shares held in treasury.

Therefore, the figure of 440,334,124 Ordinary Shares should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018). 

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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