BVC Batm Advanced Communications Ld

TIDMBVC

RNS Number : 4084K

BATM Advanced Communications Ld

13 December 2018

LEI: 213800FLQUB9J289RU66

13 December 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 19 December 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 403,600,820 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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(END) Dow Jones Newswires

December 13, 2018 06:31 ET (11:31 GMT)

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