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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