LEI: 213800FLQUB9J289RU66
14 December 2021
BATM Advanced Communications Limited
("BATM" or "the Group")
Result of AGM and Dividend Declaration
BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that at the Annual General Meeting ("AGM"), held earlier today, all resolutions were duly passed.
This includes approval of a final dividend of 0.74 pence per ordinary share. For investors who hold their shares via the London Stock Exchange, the dividend has an ex-dividend date of 9 December 2021, a record date of 10 December 2021 and a payment date of 5 January 2022. For investors who hold their shares via the Tel Aviv Stock Exchange, the dividend has a record date of 10 December 2021, an ex-dividend date of 12 December 2021 and a payment date of 5 January 2022.
Details of the proxy voting results, which should be read alongside the Notice of AGM, are below:
| Resolution | Votes for | Votes against | Votes withheld | Total proxy votes | ||
| | No. of votes | % of votes cast* | No. of votes | % of votes cast* | No. of votes | |
| 1 | 269,887,564 | 100.00 | 0 | 0.00 | 10,569,532 | 280,457,096 |
| 2 | 279,405,938 | 99.63 | 1,051,158 | 0.37 | 0 | 280,457,096 |
| 3 | 280,457,096 | 100.00 | 0 | 0.00 | 0 | 280,457,096 |
| 4 | 194,902,196 | 88.72 | 24,789,974 | 11.28 | 2,789,322 | 222,481,492 |
| 5 | 179,599,875 | 97.79 | 4,062,721 | 2.21 | 4,750,000 | 188,412,596** |
| 6 | 270,895,553 | 96.59 | 9,561,542 | 3.41 | 1 | 280,457,096 |
| 7 | 177,524,431 | 96.66 | 6,138,164 | 3.34 | 4,750,001 | 188,412,596** |
| 8 | 169,761,909 | 98.08 | 3,331,155 | 1.92 | 15,319,532 | 188,412,596** |
| 9 | 277,125,941 | 98.81 | 3,331,155 | 1.19 | 0 | 280,457,096 |
| 10 | 258,085,367 | 92.02 | 22,371,727 | 7.98 | 2 | 280,457,096 |
| 11 | 156,548,999 | 91.92 | 13,754,743 | 8.08 | 18,108,854 | 188,412,596** |
| 12 | 262,716,534 | 93.67 | 17,740,561 | 6.33 | 1 | 280,457,096 |
| 13 | 266,702,351 | 95.10 | 13,754,743 | 4.90 | 2 | 280,457,096 |
| 14 | 177,432,821 | 96.61 | 6,229,774 | 3.39 | 4,750,001 | 188,412,596** |
| 15 | 254,909,628 | 90.89 | 25,547,466 | 9.11 | 2 | 280,457,096 |
(There were no discretionary votes cast)
* Excludes withheld votes
** In accordance with Israeli law, shareholders defined as a 'controlling shareholder' or as having a 'personal interest' are ineligible to vote for resolutions 5, 7, 8, 11 and 14
Enquiries:
| BATM Advanced Communications | |
| Dr Zvi Marom, Chief Executive Officer | +972 9866 2525 |
| Moti Nagar, Chief Financial Officer | |
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| | |
| Shore Capital | |
| Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory) Henry Willcocks (Corporate Broking) | +44 20 7408 4050 |
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| Luther Pendragon | |
| Harry Chathli, Claire Norbury | +44 20 7618 9100 |
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