Transaction in own shares and Total Voting Rights

LEI: 213800FLQUB9J289RU66
09 December 2022

 BATM Advanced Communications Limited
(“BATM” or “the Group”)

Transaction in own shares and Total Voting Rights

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that it purchased 1,060,000 ordinary shares of NIS 0.01 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.

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:

Following settlement of the above transaction, the Company’s issued share capital will comprise 440,534,124 Ordinary Shares, including 1,260,000 Ordinary Shares held in treasury.

Therefore, the figure of 439,274,124 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
Moti Nagar, Chief Financial Officer
+972 9866 2525

Shore Capital
Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory)
+44 20 7408 4050

Gracechurch Group
Harry Chathli, Claire Norbury
+44 20 7618 9100