LEI: 213800FLQUB9J289RU66
13 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 1,305,000 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: | 12 December 2022 |
| Aggregate number of ordinary shares purchased: | 1,305,000 |
| Lowest price paid per share (pence): | 23.037 |
| Highest price paid per share (pence): | 23.037 |
| Volume weighted average price paid per share (pence): | 23.037 |
| 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 and time | Number of Ordinary Shares purchased | Transaction price (pence per share) | Trading venue |
| 12 December 2022 | 1,305,000 | 23.037p | LSE / TASE |
Following settlement of the above transaction, the Company's issued share capital will comprise 440,534,124 Ordinary Shares, including 2,565,000 Ordinary Shares held in treasury.
Therefore, the figure of 437,969,124 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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