Transaction in Own Shares and TVR

RNS Number : 4540J

BATM Advanced Communications Ld

13 December 2022

 

LEI: 213800FLQUB9J289RU66

13 December 2022

BATM Advanced Communications Limited

("BATM" or "the Company")

Transaction in own shares

and Total Voting Rights

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that it purchased 1,305,000 ordinary shares of NIS 0.01 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:	12 December 2022
Aggregate number of ordinary shares purchased:	1 ,305,000
Lowest price paid per share (pence):	23.037
Highest price paid per share (pence):	23.037
Volume weighted average price paid per share (pence):	23.037
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
12 December 2022	1,305,000	23.037p	LSE / TASE

Following settlement of the above transaction, the Company's issued share capital will comprise 4 40,534,124 Ordinary Shares, including 2,565,000 Ordinary Shares held in treasury.

Therefore, the figure of 437,969,124 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]
Gracechurch Group
Harry Chathli, Claire Norbury	[phone]

 

END

 

 

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