Director/PDMR Shareholding

RNS Number : 6883E

Ethernity Networks Ltd

18 May 2026

Ethernity Networks Limited

("Ethernity" or the "Company")

Director dealing

Ethernity Networks Limited (AIM: ENET.L; OTCMKTS: ENETF), announces that it was notified on 17 May 2026 that David Levi, Chief Executive Officer, has sold 6,860,000 ordinary shares of no par value each in the Company ("Ordinary Shares"). Following the transaction, David Levi now holds 966,662,797 Ordinary Shares, representing approximately 3.65% of the Company's issued share capital.

The sale was undertaken in connection with the closure of an investment account through which the shares had previously been acquired by Mr Levi in December 2024.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further details of the transaction.

For further information, please contact:

Ethernity Networks Ltd	Tel: +972 3 748 9846
David Levi, Chief Executive Officer Tomer Assis, Chief Financial Officer

Allenby Capital Limited (Nominated Adviser and Joint Broker)	Tel: +44 (0)20 3328 5656
James Reeve (Corporate Finance) Amrit Nahal (Sales and Corporate Broking)

CMC Markets UK plc (Joint Broker)	Tel: +44 (0)20 3003 8632
Douglas Crippen

ALBR Capital Limited (Joint Broker)	Tel: +44 (0)20 7562 0930
Lucy Williams / Duncan Vasey

About Ethernity Networks

Ethernity Networks (AIM: ENET.L; OTCMKTS: ENETF) provides innovative and comprehensive networking, security and PON semiconductor technology that enhances the capacity and efficiency of telco/cloud network infrastructure. Ethernity's silicon-proven logic provides advanced data processing functionality for various networking applications, alongside patented wireless access technology, patented routing technology and passive optical network (PON) controller. These are complemented by robust control software boasting a rich set of networking functions. Ethernity's technology adaptable solutions accelerate time-to-market and facilitate the deployment of 5G services over both wireless and fiber infrastructure.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Levi
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ethernity Networks Ltd
b)	LEI	213800LZJO33QBNXU496
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ordinary shares of no par value ISIN: IL0011410359
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil consideration	6,860,000

d)	Aggregated information	N/a - single transaction
e)	Date of the transaction	13 May 2026
f)	Place of the transaction	XLON

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