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Block Listing Application

26th May 2020 07:00

RNS Number : 8283N
BATM Advanced Communications Ld
26 May 2020
 

LEI: 213800FLQUB9J289RU66

26 May 2020

 

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 3,264,827 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 pursuant to the Group's 2004 Employee Share Option Plan.

 

It is expected that Admission will become effective at 8.00am BST on 27 May 2020. These Ordinary Shares will, when issued, rank pari passu with the existing ordinary shares of the Group.

 

 

Enquiries:

 

BATM Advanced Communications

Dr Zvi Marom, Chief Executive Officer

+972 9866 2525

Moti Nagar, Chief Financial Officer

Shore Capital

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

Henry Willcocks (Corporate Broking)

+44 20 7408 4050 

Luther Pendragon

Harry Chathli, Claire Norbury

+44 20 7618 9100

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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