Holding in Company

Ethernity Networks Ltd

31 May 2023

 

31 May 2023

ETHERNITY NETWORKS LTD.

("Ethernity" or the "Company")

Holding in Company

Ethernity Networks Ltd (AIM: ENET.L; OTCQB: ENETF), a leading supplier of data processing semiconductor technology for networking appliances, received notification today from 5G Innovation Leaders Fund, LLC (the "Investor") that the Investor's voting rights over the Company's ordinary shares at today's date are between 4% and 5% of the Company's total issued share capital.

Enquiries:

Ethernity Networks	Tel: [phone]
David Levi, Chief Executive Officer
Mark Reichenberg, Chief Financial Officer
Allenby Capital Limited	Tel: [phone]
(Nominated Adviser and Joint Broker)
James Reeve / Piers Shimwell (Corporate Finance)
Amrit Nahal (Sales and Corporate Broking)
Peterhouse Capital Limited (Joint Broker)	Tel: [phone]
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 FPGA 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.

 

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