Business
Notice of Extraordinary General Meeting
Notice of Extraordinary General Meeting.
About this update from Ethernity Networks Ltd.
[{"type":"text","content":"\n \n \n \n RNS Number : 8633R\n Ethernity Networks Ltd\n 10 November 2021\n \n \n \n \n 10 November 2021\n \n \n ETHERNITY NETWORKS LTD.\n \n \n (\"Ethernity\" or the \"Company\")\n \n \n Notice of Extraordinary General Meeting\n \n \n Ethernity Networks (AIM: ENET.L), Ethernity Networks (AIM: ENET.L), a leading supplier of data processing offload solutions on programmable FPGA (field programmable gate array) for accelerating telco/cloud networks\n , gives notice of an Extraordinary General Meeting of the Company, to be held at 9.00 a.m. (UK time) / 11.00 a.m. (Israel time) on 6 December 2021 at the Company's offices in Israel.\n \n \n The Notice of EGM, together with a Form of Proxy (for Shareholders) or Form of Direction (for Depositary Interest holders), is expected to be despatched to Shareholders and Depositary Interest holders today and will shortly be available to view on the Investor Relations section of the Company's website, \n \n www.ethernitynet.com\n \n . \n \n \n Set out below is an extract from the Notice of EGM with details on the resolutions to be voted on at the EGM and action to be taken. In light of the ongoing COVID-19 outbreak and to protect the health and wellbeing of all stakeholders, Shareholders and Depositary Interest holders are strongly encouraged to vote by Form of Proxy or by Form of Direction (as appropriate) rather than attending the EGM in person. The Company will also be making available a facility for attendance by telephone.\n \n \n The Directors of the Company believe that all of the proposals to be considered at the Meeting are in the best interests of the Company and its Shareholders as a whole and, accordingly, unanimously recommend that Shareholders vote in favour of all the proposed resolutions as they intend to do in respect of their own beneficial holdings amounting in aggregate, to 14,675,970 Ordinary Shares representing approximately 20.2 per cent. of the Existing Ordinary Shares.\n \n \n For further enquiries please contact: \n \n \n \n \n \n Ethernity Networks Ltd.\n \n \n \n \n Tel: +972 8 915 0392 \n \n \n \n \n \n \n \n \n \n David Levi, Chief Executive Officer\n \n \n Mark Reichenberg, Chief Financial Officer\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Arden Partners plc (NOMAD and Joint Br...