Business
Block Listing Application
Block Listing Application.
About this update from Batm Advanced Communications Ltd.
[{"type":"text","content":"\n\nLEI: 213800FLQUB9J289RU66\n30 November 2023\n \nBATM Advanced Communications Limited\n(\"BATM\" or the \"Group\")\n \nBlock Listing Application\n \nBATM (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\").\n \nThe 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)*.\n \nIt 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.\n \n* Details of the Global Share Incentive Plan (2021) can be found in BATM's Annual Report 2021 \n \n \nEnquiries\n \n\n\n\n\nBATM Advanced Communications\n\n\n\n\n\n\n\nMoti Nagar, Chief Executive Officer\n\n\n+972 9866 2525 \n\n\n\n\nRan Noy, Chief Financial Officer\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nShore Capital\n\n\n\n\n\n\n\nMark Percy, Anita Ghanekar, James Thomas (Corporate Advisory)\n\n\n+44 20 7408 4050 \n\n\n\n\n\n\n\n\n\n\n\n\nGracechurch Group\n\n\n\n\n\n\n\nHarry Chathli, Claire Norbury\n\n\n+44 20 4582 3500\n\n\n\n\n \n \n\n","length":6068,"tagName":"div"}]