De-listing from TASE

5 March 2015

 

BATM Advanced Communications Limited

("BATM" or "the Group")

 

De-listing from TASE

 

BATM (LSE: BVC; TASE: BATM), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that the Group's Board of Directors resolved, on the afternoon of Wednesday 4 March, to notify the Tel-Aviv Stock Exchange ("TASE") that it will be de-listing its shares from trading on TASE. The decision is based on the fact that no progress has been made in achieving an electronic clearing system between TASE and the London Stock Exchange, which has resulted in very low volumes of shares being traded in Tel-Aviv whereby the Group has not gained any added value by its shares being listed on TASE. The de -listing will come into effect ninety days from the date of this announcement.

 

 

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