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viewBATM Advanced Communications Ltd

BATM Advanced Comm - Block Listing Application

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

 


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Quick facts: BATM Advanced Communications Ltd

Price: 115

Market: LSE
Market Cap: £506.32 m
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