3 May 2022
ETHERNITY NETWORKS LTD.
("Ethernity" or the "Company")
Holding in Company
Ethernity Networks Ltd (AIM: ENET.L), a leading supplier of networking processing semiconductor technology ported on FPGA (field programmable gate array) for virtualised networking appliances, received notification on 27 April 2022 from 5G Innovation Leaders Fund, LLC (the "Investor") that the Investor's voting rights over the Company's issued share capital have fallen below 5%.
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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Arden Partners plc (Joint Broker) |
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Tim Dainton |
Tel: +44 (0)20 7614 5900 |
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 .