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BATM to join three Tel-Aviv stock exchange indexes

8th Oct 2013 09:47

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

+972 9866 2525

Ofer Bar-Ner, Chief Financial Officer

finnCap

Stuart Andrews, HenrikPersson - Corporate Finance

+44 20 7220 0500

Brian Patient, Stephen Norcross - Corporate Broking

Shore Capital

Pascal Keane

+44 20 7408 4090 

Luther Pendragon

Harry Chathli, Claire Norbury

+44 20 7618 9100

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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