BATM Advanced Communications Ld Options Exercise, Issue of Equity and TVR (7303D)
October 11 2018 - 4:44AM
UK Regulatory
TIDMBVC
RNS Number : 7303D
BATM Advanced Communications Ld
11 October 2018
LEI: 213800FLQUB9J289RU66
11 October 2018
BATM Advanced Communications Limited
("BATM" or "the Company")
Share Option Exercise, Issue of Equity and Total Voting
Rights
BATM Advanced Communications Limited (LSE: BVC), a leading
provider of real-time technologies for networking solutions and
medical laboratory systems, announces that it has received an
exercise notice from a current BATM employee to exercise options
over 100,000 ordinary shares of 0.01 NIS each in the Company
("Ordinary Shares") under the Company's Employee Share Option Plan
2004. Accordingly, the Company has issued and allotted 100,000 new
Ordinary Shares and application has been made to the London Stock
Exchange for the 100,000 new Ordinary Shares to be admitted to
trading on the Main Market of the LSE.
It is expected that admission will become effective and dealings
in the new Ordinary Shares will commence on 17 October 2018. The
new Ordinary Shares shall rank pari passu with the existing
Ordinary Shares in the Company.
Following admission of the 100,000 new Ordinary Shares, the
Company's issued share capital will consist of 403,500,820 Ordinary
Shares with voting rights and that figure may 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 to their interest in, the share capital of
the Company under the Financial Conduct Authority's Disclosure
Guidance and Transparency Rules.
Enquiries:
BATM Advanced Communications
Dr Zvi Marom, Chief Executive Officer +972 9866 2525
Moti Nagar, Chief Financial Officer
Shore Capital
Mark Percy, Anita Ghanekar +44 20 7408 4050
Luther Pendragon
Harry Chathli, Claire Norbury +44 20 7618 9100
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 rns@lseg.com or visit www.rns.com.
END
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