Ethernity Networks Ltd Director/PDMR Shareholding (3232M)
May 07 2020 - 9:32AM
UK Regulatory
TIDMENET
RNS Number : 3232M
Ethernity Networks Ltd
07 May 2020
7 May 2020
ETHERNITY NETWORKS LTD.
("Ethernity" or the "Company")
Director's Dealing
Ethernity (AIM: ENET), a leading supplier of functional
acceleration ethernet adapter cards on FPGA (field programmable
gate array) for virtualised networking appliances, has been
notified that, on 7 May 2020, David Levi, Chief Executive Officer,
purchased 59,162 ordinary shares of NIS 0.001 nominal value each in
the share capital of the Company ("Shares") at 40p per Share
Following this purchase, Mr Levi is beneficially interested in
6,827,062 Shares, representing 20.9 per cent. of the Company's
issued share capital.
For further enquiries please contact:
Ethernity Networks Ltd +972 8 915 0392
David Levi, Chief Executive Officer
Mark Reichenberg, Chief Financial Officer
Arden Partners plc (Nominated Adviser, Broker) +44 207 614 5900
Richard Johnson / Benjamin Cryer
The PR Office (Investor Relations) +44 207 284 6969
Marc Cohen/Tom Gilby
ethernity@theproffice.com
About Ethernity (www.ethernitynet.com)
Ethernity Networks Ltd. (AIM: ENET) provides innovative,
comprehensive networking and security solutions on programmable
hardware for accelerating telco/cloud networks performance.
Ethernity's FPGA logic offers complete Carrier Ethernet Switch
Router data plane processing and control software with a rich set
of networking features, robust security, and a wide range of
virtual function accelerations to optimize telecommunications
networks. Ethernity's complete solutions quickly adapt to
customers' changing needs, improving time-to-market and
facilitating the deployment of 5G, edge computing, and different
NFV appliances including 5G UPF, SD-WAN, vCMTS and vBNG with the
current focus on 5G emerging appliances.
The notifications below are made in accordance with the
requirements of the EU regulation on market abuse.
Template for notification and public disclosure of transactions
by persons discharging managerial responsibilities and persons
closely associated with them
1 Details of the person discharging managerial responsibilities
/ person closely
associated
a) Name David Levi
-------------------------------------- ----------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------
a) Position/status Director
-------------------------------------- ----------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform,
auctioneer or auction monitor
--------------------------------------------------------------------------------------
a) Name Ethernity Networks Ltd.
-------------------------------------- ----------------------------------------------
b) LEI 213800LZJO33QBNXU496
-------------------------------------- ----------------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument;
(ii) each type of transaction; (iii) each date; and (iv) each
place where transactions
have been conducted
--------------------------------------------------------------------------------------
a) Description of the ordinary shares of NIS 0.001 nominal
financial instrument, value each
type of instrument
Identification code ISIN: IL0011410359
b) Nature of the transaction Market purchase
-------------------------------------- ----------------------------------------------
c) Price(s) and volume(s)
------------------- ----------------------
Price(s) Volume(s)
------------------- ----------------------
40p 59,162
------------------- ----------------------
d) Aggregated information
- Aggregated volume 59,162
- Price 40p
- Aggregated total GBP23,664.80
e) Date of the transaction 7 May 2020
-------------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
-------------------------------------- ----------------------------------------------
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 rns@lseg.com or visit www.rns.com.
END
DSHFLFVSEIIDIII
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