BATM Advanced Communications Ld Block Listing Application (1965V)

TIDMBVC

RNS Number : 1965V

BATM Advanced Communications Ld

30 November 2023

LEI: 213800FLQUB9J289RU66

30 November 2023

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 4,360,391 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 or vesting of long-term incentives awarded pursuant to the Group's Global Share Incentive Plan (2021)*.

It is expected that Admission will become effective at 8.00am GMT on 1 December 2023. These Ordinary Shares will, when issued, rank pari passu with the existing Ordinary Shares of the Group.

* Details of the Global Share Incentive Plan (2021) can be found in BATM's Annual Report 2021

Enquiries

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

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November 30, 2023 02:03 ET (07:03 GMT)