Last checked at 5 Mar 2015 07:00
5 March 2015
BATM Advanced Communications Limited
("BATM" or "the Group")
De-listing from TASE
BATM (LSE: BVC; TASE: BATM), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that the Group's Board of Directors resolved, on the afternoon of Wednesday 4 March, to notify the Tel-Aviv Stock Exchange ("TASE") that it will be de-listing its shares from trading on TASE. The decision is based on the fact that no progress has been made in achieving an electronic clearing system between TASE and the London Stock Exchange, which has resulted in very low volumes of shares being traded in Tel-Aviv whereby the Group has not gained any added value by its shares being listed on TASE. The de -listing will come into effect ninety days from the date of this announcement.
Enquiries
BATM Advanced Communications | |
Dr Zvi Marom, Chief Executive Officer | +972 9866 2525 |
Moti Nagar, Chief Financial Officer | |
finnCap | |
Stuart Andrews | +44 20 7220 0500 |
Shore Capital | |
Pascal Keane | +44 20 7408 4090 |
Luther Pendragon | |
Harry Chathli, Claire Norbury, Amelia Bullock-Muir | +44 20 7618 9100 |