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| Date | 28 Jun 2022 |
| Time | 07:00:09 |
| Category | Corporate updates |
| ID | 3463Q |
28 June 2022
ETHERNITY NETWORKS LTD
("Ethernity" or the "Company")
Completion of Nominated Adviser due diligence and update on advisers
Ethernity Networks Ltd (AIM: ENET.L), a leading supplier of networking processing semiconductor technology ported on FPGA (field programmable gate array) for virtualised networking appliances, is pleased to announce that further to the announcement of the appointment of Allenby Capital Limited ("Allenby Capital") as the Company's nominated adviser on 27 April 2022, Allenby Capital has confirmed that it has completed its due diligence.
Further, with effect from today's date the Company's joint brokers are Allenby Capital and Peterhouse Capital Limited.
For further information, please contact:
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Ethernity Networks Ltd |
Tel: +972 8 915 0392 |
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David Levi, Chief Executive Officer |
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Mark Reichenberg, Chief Financial Officer |
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Allenby Capital Limited (Nominated Adviser and Joint Broker) |
Tel: +44 (0)20 3328 5656 |
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James Reeve / Piers Shimwell (Corporate Finance) Amrit Nahal (Sales and Corporate Broking) |
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Peterhouse Capital Limited (Joint Broker) |
Tel: +44 (0)20 7562 0930 |
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Lucy Williams / Duncan Vasey / Eran Zucker |
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About Ethernity Networks
Ethernity Networks (AIM: ENET.L) provides innovative, comprehensive networking and security solutions on programmable hardware for accelerating telco/cloud networks. Ethernity's FPGA logic offers complete Carrier Ethernet Switch Router data plane processing and control software with a rich set of networking features, robust security, and a wide range of virtual function accelerations to optimize telecommunications networks. Ethernity's complete solutions quickly adapt to customers' changing needs, improving time-to-market, and facilitating the deployment of 5G, edge computing, and NFV.