BATM to join three Tel-Aviv stock exchange indexes

RNS Number : 9762P

BATM Advanced Communications Ld

08 October 2013

 



8 October 2013

BATM Advanced Communications Limited

("BATM" or "the Group")

BATM to join three Tel-Aviv stock exchange indexes

BATM Advanced Communications Limited (LSE: BVC; TASE: BATM), a leading provider of real-time technologies for the networked telecoms and medical laboratory equipment markets, announces that as a result of a special resolution by the Tel-Aviv stock exchange, it expects to join three Tel Aviv indexes on 20 October 2013 - Maagar, Technology and Bluetech 50.

Zvi Marom, CEO of BATM, said: "We are pleased with the decision of the Tel-Aviv exchange to include BATM in the Tel-Aviv indexes. Headquartered in Israel, BATM is a globally recognised company selling technology products around the world, and we have extensive R&D operations in Israel. We operate in two divisions, one in telecommunications and the second in medical equipment. Both have a unique growth history that interests investors globally. We believe the decision to include us in the indexes will have positive effect on BATM's share price."

Enquiries 

BATM Advanced Communications
Dr Zvi Marom, Chief Executive Officer	[phone]
Ofer Bar-Ner, Chief Financial Officer
finnCap
Stuart Andrews, HenrikPersson - Corporate Finance	[phone]
Brian Patient, Stephen Norcross - Corporate Broking
Shore Capital
Pascal Keane	[phone]
Luther Pendragon
Harry Chathli, Claire Norbury	[phone]

 

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