11 October 2022
ETHERNITY NETWORKS LTD.
("Ethernity" or the "Company")
Holding in Company
Ethernity Networks Ltd (AIM: ENET.L; OTCQB: ENETF), a leading supplier of networking processing semiconductor technology ported on FPGA (field programmable gate array) for virtualised networking appliances, received notification on 9 October 2022 from 5G Innovation Leaders Fund, LLC (the "Investor") that the Investor's voting rights over the Company's ordinary shares at that date were between 4% and 5% of the Company's total issued share capital.
Enquiries:
Ethernity Networks |
Tel: +972 (0)8 915 0392 |
David Levi, Chief Executive Officer |
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Mark Reichenberg, Chief Financial Officer |
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Allenby Capital Limited |
Tel: +44 (0)20 3328 5656 |
(Nominated Adviser and Joint Broker) |
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James Reeve / Piers Shimwell (Corporate Finance) |
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Amrit Nahal (Sales and Corporate Broking) |
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Peterhouse Capital Limited (Joint Broker) |
Tel: +44 (0)20 7562 0930 |
Lucy Williams / Duncan Vasey / Eran Zucker |
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Harbor Access Inc (US Investor Relations) |
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Jonathan Paterson |
Tel: + 1 (475) 477 9401 |
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 .