Business
Result of EGM
Result of EGM.
About this update from Ethernity Networks Ltd.
[{"type":"text","content":"\n\n14 August 2025\nETHERNITY NETWORKS LIMITED\n(\"Ethernity\" or the \"Company\")\n \nResult of EGM\n \nEthernity Networks Limited (AIM: ENET.L) (OTCMKTS: ENETF), a leading supplier of data processing semiconductor technology for networking appliances and PON, is pleased to confirm that at the Extraordinary General Meeting, held earlier today, all resolutions put to shareholders were duly passed on a poll. The voting results are set out in Appendix A at the end of this announcement.\n \n \nFor further information, please contact:\n \n\n\n\n\nEthernity Networks Ltd\n\n\nTel: +972 3 748 9846\n\n\n\n\nDavid Levi, Chief Executive Officer\nTomer Assis, Chief Financial Officer\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAllenby Capital Limited (Nominated Adviser and Joint Broker)\n\n\nTel: +44 (0)20 3328 5656\n\n\n\n\nJames Reeve / Piers Shimwell (Corporate Finance)\nAmrit Nahal (Sales and Corporate Broking)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCMC Markets UK plc (Joint Broker)\n\n\nTel: +44 (0)20 3003 8632\n\n\n\n\nDouglas Crippen\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\nPeterhouse Capital Limited (Joint Broker)\n\n\nTel: +44 (0)20 7562 0930\n\n\n\n\nLucy Williams / Duncan Vasey / Eran Zucker\n\n\n\n\n\n\n\n \n \n \nAbout Ethernity Networks\nEthernity Networks (AIM: ENET.L; OTCMKTS: ENETF) provides innovative, comprehensive networking and security solutions on programmable hardware, enhancing telco/cloud network infrastructure capacity. Ethernity's semiconductor logic offers data processing functionality for various networking applications, alongside patented wireless access technology and fiber access media controllers, all equipped with control software boasting a rich set of networking features. Ethernity's solutions swiftly adapt to customers' evolving needs, accelerating time-to-market and facilitating the deployment of 5G over wireless and fiber infrastructure.\n \n \n \n \nAppendix A\n \n\n\n\n\nAll resolutions and voting undertaken and counted in terms of Israel Companies Law\n\n\n\n\n \nResolution\n\n\nOutcome\n\n\nVotes For\n\n\nVotes Against\n\n\n%\nFor\n\n\n%\nAgainst\n\n\nVotes Withheld\n\n\n\n\n1. Increasing the authorised share capital of the Company\n\n\nPassed\n\n\n526,583,563 \n\n\n161,599,860 \n\n\n76.52%\n\n\n23.48%\n\n\n14,357\n\n\n\n\n2. ...