BATM Advanced Communications Ld Transaction in Own Shares and TVR (0591H)

TIDMBVC

RNS Number : 0591H

BATM Advanced Communications Ld

04 April 2022

LEI: 213800FLQUB9J289RU66

4 April 2022

BATM Advanced Communications Limited

("BATM" or "the Company")

Transaction in own shares

and Total Voting Rights

Further to its announcement on 23 February 2022, BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that it purchased 200,000 ordinary shares of NIS0.01 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:                        1 April 2022 
 Aggregate number of ordinary shares 
  purchased:                              200,000 
 Lowest price paid per share (pence):     52.2 
 Highest price paid per share (pence):    52.2 
 Volume weighted average price paid 
  per share (pence):                      52.2 
 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) 
  1 April 2022        200,000              52.2                 LSE 
   11:59 a.m. BST 
                     -------------------  -------------------  -------------- 
 

Following settlement of the above transaction, the Company's issued share capital will comprise 440,534,124

Ordinary Shares, including 200,000   Ordinary Shares held in treasury. 

Therefore, the figure of 440,334,124 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] 
 
Luther Pendragon 
Harry Chathli, Claire Norbury                                   [phone] 
 

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April 04, 2022 02:00 ET (06:00 GMT)