Ethernity Net Share News (ENET)

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran and Israel, after Iranian state media reported explosions in the province of Isfahan.

AIM WINNERS & LOSERS: Ethernity loss narrows; Fonix staff sell shares

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

Ethernity Networks shares jump on annual revenue boost

(Alliance News) - Ethernity Networks Ltd on Friday reported a significant increase in its annual revenue, resulting in a narrowed loss for the company in 2023.

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

EARNINGS AND TRADING: Northamber loss widens; Ethernity contract boost

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Ethernity reports positive discussions with potential customers

(Sharecast News) - Networking processing semiconductor technology specialist Ethernity Networks said in an update on Thursday that, throughout the year to date, it had engaged positively with several potential new customers, including two OEM vendors.

EXECUTIVE CHANGES: Ethernity chair stays on, Picton director to quit

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Friday and not separately reported by Alliance News:

Yosi Albagli to continue as Ethernity Networks chairman

(Sharecast News) - Data processing and networking semiconductor technology specialist Ethernity Networks announced the continuation of Joseph 'Yosi' Albagli's tenure as its non-executive chairman on Friday, following the conclusion of his initial three-year term.

Ethernity Networks shares edge up as Ayala Deutsch promoted to CFO

(Alliance News) - Ethernity Networks Ltd on Wednesday said it has promoted its finance vice president, Ayala Deutsch, as chief financial officer, following the resignation of Mark Reichenberg in the summer.

Ethernity Networks names Ayala Deutsch as CFO

(Sharecast News) - Data processing semiconductor technology supplier Ethernity Networks has appointed Ayala Deutsch to the board as the company's new chief financial officer.

TRADING UPDATES: ReNeuron warns; Gama Aviation pledges cash return

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

EARNINGS AND TRADING: STV raises holding in Two Cities Television

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

IN BRIEF: Ethernity Networks gains approval for creditor settlement

Ethernity Networks Ltd - Israel-based supplier of data processing semiconductor technology for networking appliances - Says it has received approval of the proposal for the settlement of creditors from all three of its creditor groups. Says it has submitted a settlement proposal with the court of Lod, Israel, with the court set to schedule a hearing to consider and approve the settlement. Says that under the settlement, valid creditors will be repaid over a 12-month period in four instalments. The first payment will be made within 90 days of exiting the settlement. Notes that the total creditor balance is USD1.6 million.

IN BRIEF: Ethernity Networks secures some creditor support for plans

Ethernity Networks Ltd - Israel-based supplier of data processing semiconductor technology for networking appliances - Provides update on the ongoing temporary suspension of proceedings process. Explains that further to a statement December 20, a meeting of creditors took place earlier Thursday. This was to consider and vote on the company's proposed settlement plan. The significant majority of general and guaranteed creditors by number and creditor balance approved the settlement proposal. The company has not yet received final votes from all the priority creditors (which represent around one quarter of the total creditor balance) and remains in discussion with them in order to obtain their votes. Subject to achieving the required level of creditor support for the settlement proposal, says the TSP settlement manager will seek the Court's approval.