RNS Number : 9411B
Ethernity Networks Ltd
05 February 2024
 

5 February 2024

 

ETHERNITY NETWORKS LTD

("Ethernity" or the "Company")

 

Court Approval of Creditor Settlement Plan

 

Ethernity Networks Ltd (AIM: ENET.L; OTCMKTS: ENETF), a leading supplier of networking processing semiconductor technology ported on field programmable gate arrays for virtualised networking appliances is pleased to announce that, further to the announcement on 31 January 2024, the Court in Lod has on 4 February 2024 approved the proposed creditor settlement plan, details of which were announced on 11 January 2024. Following this approval, the Company can now continue to undertake its business and operations as usual.

 

For further information, please contact:

 

Ethernity Networks Ltd

Tel: +972 3 748 9846

David Levi, Chief Executive Officer




Allenby Capital Limited (Nominated Adviser and Joint Broker)

Tel: +44 (0)20 3328 5656

James Reeve / Piers Shimwell (Corporate Finance)

Amrit Nahal / Stefano Aquilino (Sales and Corporate Broking)

 


Peterhouse Capital Limited (Joint Broker)

Tel: +44 (0)20 7562 0930

Lucy Williams / Duncan Vasey / Eran Zucker

 


 

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