BATM Advanced Communications Ld FTSE Nationality Review
RNS Number : 8693O
BATM Advanced Communications Ld
11 February 2021
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.
BATM Advanced Communications
Dr Zvi Marom, Chief Executive Officer +972 9866 2525
Moti Nagar, Chief Financial Officer
Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory)
Henry Willcocks (Corporate Broking) +44 20 7408 4050
Harry Chathli, Claire Norbury +44 20 7618 9100
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact firstname.lastname@example.org or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
(END) Dow Jones Newswires
February 11, 2021 12:38 ET (17:38 GMT)