TIDMBVC

RNS Number : 0773K

BATM Advanced Communications Ld

19 December 2022

LEI: 213800FLQUB9J289RU66

19 December 2022

BATM Advanced Communications Limited

("BATM" or "the Company")

Transaction in own shares

and Total Voting Rights

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that it purchased 350,000 ordinary shares of NIS 0.01 each in the Company ("Ordinary Shares") via the Company's broker, Shore Capital Stockbrokers Limited ("Shore Capital Stockbrokers"), as detailed below. The repurchased Ordinary Shares will be held in treasury.

 
 Date of purchase:                        16 December 2022 
 Aggregate number of ordinary shares 
  purchased:                              350,000 
 Lowest price paid per share (pence):     22.56 
 Highest price paid per share (pence):    22.56 
 Volume weighted average price paid 
  per share (pence):                      22.56 
 Treatment of purchased shares:           Held in treasury

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Shore Capital Stockbrokers as part of the Company's share buyback programme.

Individual transactions:

 
  Transaction date    Number of Ordinary   Transaction price    Trading venue 
   and time            Shares purchased     (pence per share) 
  16 December 2022    350,000              22.56 p              LSE 
                     -------------------  -------------------  --------------

Following settlement of the above transaction, the Company's issued share capital will comprise 4 40,534,124 Ordinary Shares, including 4,095,000 Ordinary Shares held in treasury.

Therefore, the figure of 436,439,124 Ordinary Shares should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018).

Enquiries:

 
 
  BATM Advanced Communications 
Dr Zvi Marom, Chief Executive Officer                           +972 9866 2525 
Moti Nagar, Chief Financial Officer 
 
Shore Capital 
Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory)   +44 20 7408 4050 
 
Gracechurch Group 
Harry Chathli, Claire Norbury                                   +44 20 4582 3500

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END

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(END) Dow Jones Newswires

December 19, 2022 02:00 ET (07:00 GMT)

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