BATM Advanced Communications Ld FTSE Nationality Review (8693O)
12 February 2021 - 4:38AM
UK Regulatory
TIDMBVC
RNS Number : 8693O
BATM Advanced Communications Ld
11 February 2021
LEI: 213800FLQUB9J289RU66
11 February 2021
BATM Advanced Communications Limited
("BATM" or "the Group")
FTSE Nationality Review
BATM (LSE: BVC; TASE: BVC), a leading provider of real-time
technologies for networking solutions and medical laboratory
systems, notes that in the FTSE Nationality Review of Companies
published by FTSE Russell on Wednesday 3 February 2021, the Group's
nationality was reassigned from the UK to Israel. This change,
which is scheduled to take effect from 22 March 2021, was pursuant
to rule 5.1.6 of the Ground Rules of the FTSE UK Index Series.
BATM is committed to maintaining its membership of the FTSE UK
Index Series. As such, the Board of BATM, acknowledging the FTSE
Russell rules in determining the nationality of an issuer, will
investigate the available options for achieving this objective.
BATM anticipates that this process will require 12 months. A
further update will be made to the market in due course.
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)
Henry Willcocks (Corporate Broking) +44 20 7408 4050
Luther Pendragon
Harry Chathli, Claire Norbury +44 20 7618 9100
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END
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