BATM Advanced Communications Ld Transaction in Own Shares and TVR (6126J)

TIDMBVC

RNS Number : 6126J

BATM Advanced Communications Ld

14 December 2022

LEI: 213800FLQUB9J289RU66

14 December 2022

BATM Advanced Communications Limited

("BATM" or "the Company")

Transaction in own shares

and Total Voting Rights

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that it purchased 430,000 ordinary shares of NIS 0.01 each in the Company ("Ordinary Shares") via the Company's broker, Shore Capital Stockbrokers Limited ("Shore Capital Stockbrokers"), as detailed below. The repurchased Ordinary Shares will be held in treasury.

 
 Date of purchase:                        13 December 2022 
 Aggregate number of ordinary shares 
  purchased:                              430,000 
 Lowest price paid per share (pence):     22.78 
 Highest price paid per share (pence):    22.78 
 Volume weighted average price paid 
  per share (pence):                      22.78 
 Treatment of purchased shares:           Held in treasury 
 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Shore Capital Stockbrokers as part of the Company's share buyback programme.

Individual transactions:

 
  Transaction date    Number of Ordinary   Transaction price    Trading venue 
   and time            Shares purchased     (pence per share) 
  13 December 2022    430,000              22.78 p              LSE / TASE 
                     -------------------  -------------------  -------------- 
 

Following settlement of the above transaction, the Company's issued share capital will comprise 4 40,534,124 Ordinary Shares, including 2,995,000 Ordinary Shares held in treasury.

Therefore, the figure of 437,539,124 Ordinary Shares should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018).

Enquiries:

 
 
  BATM Advanced Communications 
Dr Zvi Marom, Chief Executive Officer                           [phone] 
Moti Nagar, Chief Financial Officer 
 
Shore Capital 
Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory)   [phone] 
 
Gracechurch Group 
Harry Chathli, Claire Norbury                                   [phone] 
 

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 [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

POSUOAURUKUUAUA

(END) Dow Jones Newswires

December 14, 2022 02:00 ET (07:00 GMT)