Find out more about how this website uses cookies to enhance your browsing experience.
Directorate Change
|
LEI: 213800FLQUB9J289RU66 BATM Advanced Communications Limited |
 |
| Directorate Change
BATM (LSE: BVC; TASE: BVC), a global provider of advanced network infrastructure, cybersecurity and diagnostic technologies, announces that Ran Noy has resigned as Chief Financial Officer (“CFO”) and a Director of the Group and that Leor (“Lior”) Miles, CPA, has been appointed as CFO, both with immediate effect. To ensure a smooth transition, Ran will remain with the Group for a period of handover. Lior brings over 15 years’ experience in financial management for public and private companies operating globally primarily in the technology industry, including serving as VP Finance of BATM from 2015-2021. He has joined BATM from Kenes Group where, as Group CFO, he oversaw financial operations, including investments, cash management, risk management, insurance, M&A, taxation and financial strategy, for the global operations across 18 locations on four continents. Other experience includes being Director of Finance for Abra Information Technologies Ltd., a TASE-listed provider of IT services and solutions, and its subsidiaries in the US and Israel. He commenced his career as an accountant at PwC, where he performed company audits in accordance with US GAAP and IFRS standards. It is expected that Lior will also be appointed to the Board of BATM subject to, in accordance with the Group’s articles of association and the Israeli Companies Law, shareholder approval at a general meeting that is to be convened. The required disclosures pursuant to UK Listing Rules 6.4.8 in relation to Lior will be made in due course. In accordance with Israeli regulation, the Group confirms that the resignation of Ran does not involve any material information that is required to be disclosed to shareholders. The business continues to progress well and no material impact is expected from the current escalation of geopolitical events in the Middle East. Dr. Gideon Chitayat, Chairman of BATM, said: “On behalf of the Board, I would like to thank Ran for his contribution to BATM over a period where we have transformed our business and significantly improved our operations and infrastructure. We are grateful to Ran for his role in this and we wish him all the best for the future. I would also like to welcome Lior back to BATM. He already has familiarity with our business and he returns having gained valuable experience, which we look forward to benefiting from as we move to the next stage of our development and execute on our strategy.”
Enquiries: BATM Advanced Communications Forward-looking statements This document contains forward-looking statements. Those statements reflect the current opinions, evaluations and estimations of the Group's management, and are based on the current data regarding the Group's business as is detailed in this document and in the Group's periodical, interim and immediate reports. The Group does not undertake any obligation or make any representation that actual results and events will be in line with those statements, and stresses that they may differ materially from those statements, due to changes in the Group's business, market, competition, demand for the Group's products or services, general economic factors or other factors that can influence the Group's business and results, due to the risk factors that are detailed in the Group's Annual Report, and due to information and factors that are currently unknown to the Group's management and that, if known, would affect the management's opinions, evaluations or estimations. The Group will report the actual results and events according to its legal, accounting and regulatory obligations, and does not undertake any other obligation to report them or their deviations from the forward-looking statements, or to update any of the forward-looking statements in this document or to report that it is not valid anymore. |
|
Our Vision:
BATM
Connect,
Protect,
Advance...