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| TIDM | BVC |
| Share Price | GBX 14.60-0.68% |
| Market Cap | £64.44m |
BATM Advanced Communications Limited announced an application to the London Stock Exchange for a block listing of 4,360,391 ordinary shares of 0.01 NIS each. These shares are intended to satisfy the exercise of share options or vesting of long-term incentives under the Group's Global Share Incentive Plan (2021). Admission to the Official List and trading is expected to become effective at 8:00 AM GMT on 1 December 2023.
| Date | 30 Nov 2023 |
| Time | 07:03:09 |
| Category | Capital structure |
| ID | 1965V |
LEI: 213800FLQUB9J289RU66
30 November 2023
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 4,360,391 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 or vesting of long-term incentives awarded pursuant to the Group's Global Share Incentive Plan (2021)*.
It is expected that Admission will become effective at 8.00am GMT on 1 December 2023. These Ordinary Shares will, when issued, rank pari passu with the existing Ordinary Shares of the Group.
* Details of the Global Share Incentive Plan (2021) can be found in BATM's Annual Report 2021
Enquiries
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BATM Advanced Communications |
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Moti Nagar, Chief Executive Officer |
+972 9866 2525 |
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Ran Noy, Chief Financial Officer |
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Shore Capital |
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Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory) |
+44 20 7408 4050 |
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Gracechurch Group |
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Harry Chathli, Claire Norbury |
+44 20 4582 3500 |