Block Listing Application

BATM Advanced Communications Ld
30 November 2023
 

LEI: 213800FLQUB9J289RU66

30 November 2023

                                                                                  

BATM Advanced Communications Limited

("BATM" or the "Group")

 

Block Listing Application

 

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that an application has been made to the London Stock Exchange ("LSE") for a block listing of 4,360,391 ordinary shares of 0.01 NIS each in the Group ("Ordinary Shares") to be admitted to the Official List and to trading on the LSE's market for listed securities ("Admission").

 

The Ordinary Shares that are being reserved under this block listing will be issued and allotted to satisfy the exercise of share options or vesting of long-term incentives awarded pursuant to the Group's Global Share Incentive Plan (2021)*.

 

It is expected that Admission will become effective at 8.00am GMT on 1 December 2023. These Ordinary Shares will, when issued, rank pari passu with the existing Ordinary Shares of the Group.

 

* Details of the Global Share Incentive Plan (2021) can be found in BATM's Annual Report 2021 

 

 

Enquiries

 

BATM Advanced Communications


Moti Nagar, Chief Executive Officer

+972 9866 2525                 

Ran Noy, Chief Financial Officer




Shore Capital


Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory)

+44 20 7408 4050 



Gracechurch Group


Harry Chathli, Claire Norbury

+44 20 4582 3500

 

 

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