Batm Advanced Communicat... Share Discussion Threads

[car1pet] 07/8/2020 08:47

My calculation says Herald sold 483,000 Shares which is not many when the total holding was 22m

[wizzkid211] 07/8/2020 08:19

RNS Number : 4280V

BATM Advanced Communications Ld

06 August 2020

TR-1: S tandard form for notification of major holdings


NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and
to the FCA in Microsoft Word format if possible)

1a. Identity of the issuer or the BATM Advanced Communications Ltd
underlying issuer of existing shares
to which voting rights are attached:
-----------------------------------------------------------
1b. Please indicate if the issuer is a non-UK issuer (please mark with
an "X" if appropriate)
Non-UK issuer
------------------
2. Reason for the notification (please mark the appropriate box or boxes
with an "X")
An acquisition or disposal of voting rights X
------------------
An acquisition or disposal of financial instruments
------------------
An event changing the breakdown of voting rights
------------------
Other (please specify):
------------------
3. Details of person subject to the notification obligation
Name Herald Investment Management Limited
City and country of registered office 10-11 Charterhouse Square, London
(if applicable) EC1M6EE
4. Full name of shareholder(s) (if different from 3.)
Name Discretionary investment management
clients of Herald Investment Management
Limited
-----------------------------------------------------------
City and country of registered office
(if applicable)
-----------------------------------------------------------
5. Date on which the threshold was 04/08/2020
crossed or reached:
-----------------------------------------------------------
6. Date on which issuer notified (DD/MM/YYYY): 06/08/2020
-----------------------------------------------------------
7. Total positions of person(s) subject to the notification obligation
% of voting % of voting rights Total of both Total number
rights attached through financial in % (8.A + of voting rights
to shares (total instruments 8.B) of issuer
of 8. A) (total of 8.B
1 + 8.B 2)
----------------------- --------------------- ---------------- ------------------
Resulting situation
on the date
on which threshold
was crossed
or reached 4.96% Nil 4.96% 440,279,074
----------------------- --------------------- ---------------- ------------------
Position of
previous notification
(if
applicable) 5.07% Nil 5.07%
----------------------- --------------------- ---------------- ------------------



8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached
A: Voting rights attached to shares
Class/type of Number of voting rights % of voting rights
shares
ISIN code (if
possible)
Direct Indirect Direct Indirect
(Art 9 of Directive (Art 10 of Directive (Art 9 of Directive (Art 10 of Directive
2004/109/EC) 2004/109/EC) 2004/109/EC) (DTR5.1) 2004/109/EC)
(DTR5.1) (DTR5.2.1) (DTR5.2.1)
---------------------
IL0010849045 21,839,535 4.96%
-------------------- --------------------- ---------------------------------- ---------------------


SUBTOTAL 8. A 21,839,535 4.96%
------------------------------------------- ---------------------------------------------------------

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
(DTR5.3.1.1 (a))
Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion Period rights that may rights
instrument be acquired if
the instrument
is
exercised/converted.
-------------------- --------------------- ---------------------------------- ---------------------



SUBTOTAL 8. B 1
--------------------- ---------------------------------- ---------------------

B 2: Financial Instruments with similar economic effect according to
Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of Expiration Exercise/ Physical or Number of % of voting
financial date Conversion cash voting rights rights
instrument Period settlement
--------------------- --------------------- --------------- -----------------



SUBTOTAL 8.B.2
--------------- -----------------




9. Information in relation to the person subject to the notification
obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled N/A
by any natural person or legal entity and does not control any other
undertaking(s) holding directly or indirectly an interest in the
(underlying) issuer
Full chain of controlled undertakings through which the voting rights N/A
and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity (please add additional
rows as necessary)
Name % of voting rights % of voting rights Total of both if
if it equals or through financial it equals or is
is higher than the instruments if it higher than the
notifiable threshold equals or is higher notifiable threshold
than the notifiable
threshold
------------------------------------- ------------------------ ------------------------






10. In case of proxy voting, please identify:
Name of the proxy holder N/A
--------------------------------------------------
The number and % of voting rights N/A
held
--------------------------------------------------
The date until which the voting rights N/A
will be held
--------------------------------------------------

11. Additional information




Place of completion London
Date of completion 06/08/2020
-----------

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.

END

[nellyb] 07/8/2020 08:17

its in the rns. 5.07% down to 4.96%.

[emeraldzebra] 07/8/2020 08:09

wizz - thanks - what percentage did they hold prior the sale ? thanks again...

[paulisi] 07/8/2020 07:40

Might explain some of the price fall last week.

[rawdeal1] 07/8/2020 07:18

Well, if they had held since the 10p days, they would have made a sh*t load of money, so probably quite reasonable to take some profits. Probably passing them on to another institution who wants in.

[wizzkid211] 07/8/2020 07:04

HERALD INVESTMENT reduced holding to just under 5%

[icemaninvestor] 07/8/2020 03:54

In this article Ariel Efrati states that there will be more uCPE announcements in the coming weeks.

"I can give you a heads up that you will see more uCPE announcements coming soon, and some of them are from us," Efrati said. "We are not announcing it yet, but you will hear from us over the next few weeks. I believe the market is changing as well as the fact that with cloud or edge compute, uCPE is becoming much more needed, especially when you look at 5G and other implementations. Vodafone was really quite excited."

[wizzkid211] 06/8/2020 20:07

I don't know if any of you noticed todays TASE volume, almost 5 m shares traded!

[doccash] 06/8/2020 17:43

YouTube direct link should work Agreed very exciting game changing

[paulisi] 06/8/2020 17:36

Licensing agreement is the most likely option.Target market is small and medium sized businesses courtesy of RNS

[fse] 06/8/2020 17:09

Doc ...thanks for trying to post the interview with Ariel Efrati, it is mind blowing to say the least I have just watched it for the fourth time and I am still picking up detail.
Telco feel that they have a huge lead and in fact they are the only ones providing this type of platform via NFVTime and ARM neoverse.
This is disruptive technology which is simply heralding in a much better way to operate.
Its the confidence that Ariel exuded like Marom. I have watched interviews with Ariel before and have never seen him this excited, he normally almost depresses you !
These guys figure they are more than on to something its in their sights.

From March 2020 just prior to Covid. This is where heads were at ...
"Risk aversion and an under-competitive vendor market have kept telecom networks from keeping up with the state of the art in networking, but cloud-native techniques and containerization are bringing them to the cutting edge.
A consensus has developed among telecom operators and their vendor ecosystem that the future of telecom network design and development will be built on the modern programming techniques known as cloud-native.

The older approach of hardware appliances implementing broad telecom functions cannot scale sufficiently, and the promised cloud approach of network function virtualization (NFV) has proved more difficult to implement than all had hoped.

A panel discussion at the SDN NFV World Congress in October last year gives a good sense of the state of telecom and the challenges of cloud-native. We are only now on the doorstep of full 5G networks running on true cloud-native infrastructure."

This post is edited whilst I added appropriate content..

[car1pet] 06/8/2020 16:43

The RNS today gives the email address to obtain access to the results webinar. I've applied.

[doccash] 06/8/2020 16:40

Strange won't allow copy of link so just follow FSE advice above

[doccash] 06/8/2020 16:37

[...][...]
[...]

[fse] 06/8/2020 16:17

>p..... I wish I could answer that directly. The proactive interview with Ariel is a much watch for investors. Thanks for posting. Link will not stick but if you go to proactive UK and search BATM its there.
BATM are not a manufacturer, like ARM they are essentially an R&D company that provide the architecture and solutions for large scale manufacturers like NXP or providers like Vodaphone.
The value for BATM is in their IP which they will receive royalties on or sell for one heck of a lot of money. BATM medical and Telco are in the latter stages of development and have provided finished prototype to the manufacturers.
Revenue will likely come from licensing agreements from ARM who in turn pay BATM. BATM do have hardware made for them so revenue will be a mix of the two,
I know that a bit of an obtuse reply.

Added.... Just bought another trading tranche on the back of the Vodaphone announcement. What I liked about this action was that it was released by ARM and Vodaphone initially and "later" by BATM with Telco systems listed. I have been a long standing fan of NFVTime as you all know. The other major shakeup here is that ARM is going toe to toe with Intel and winning.

[paulisi] 06/8/2020 16:03

I understand all that.Will there be a contract and what sort of value?? Are we taking about $1m, $10m, $100mIf these are large contracts across many operators, the share price is significantly undervalued.

[fse] 06/8/2020 15:50

paulisi.... 5G is happening but its getting rolled out in stages due to the virus, Huawei concerns, cost and type of support solutions.
The benefits of 5G are not really going to be seen by buying a 5G phone thats why Apple delayed production and rollout.
Providers are wanting to know just what they need to do and what they have to support and thats causing lengthy POC evaluations, so for Vodaphone to get to this juncture is notable.
Reminds me of sailing events where the boats tack back and forth getting in the best position for the start.
Thats what we are doing at the moment !

[paulisi] 06/8/2020 15:36

Proactive investors have another interview about the vodaphone proof of concept, but with another of the Batm team.It seems more operators have proof of concepts close to approval.Market leading technology, but the interviewer missed out the most important question about and potential contracts and the size of the market...

[fse] 06/8/2020 14:25

That fund raiser was a hardly a dilution go read the details investors ended up with a smaller piece of a larger pie. It was not raised to keep the company going. If funds are raised for a take over that’s not dilution either.

[gerihatrick] 06/8/2020 14:00

I stand corrected...now will eat humble pie!

[wizzkid211] 06/8/2020 08:20

nelly you are right!
BATM (LSE: BVC), a leading provider of real-time technologies for networking solutions and medical
laboratory systems, is pleased to announce the successful completion of the Placing and Subscription
(the “FundraiseR21;) announced on 24 June 2019 (the “Placing and Subscription Announcement”) to
raise US$18 million.