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Pin to quick picksEthernity Net Regulatory News (ENET)

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Court approval of creditor settlement plan

5 Feb 2024 07:00

RNS Number : 9411B
Ethernity Networks Ltd
05 February 2024
 

5 February 2024

 

ETHERNITY NETWORKS LTD

("Ethernity" or the "Company")

 

Court Approval of Creditor Settlement Plan

 

Ethernity Networks Ltd (AIM: ENET.L; OTCMKTS: ENETF), a leading supplier of networking processing semiconductor technology ported on field programmable gate arrays for virtualised networking appliances is pleased to announce that, further to the announcement on 31 January 2024, the Court in Lod has on 4 February 2024 approved the proposed creditor settlement plan, details of which were announced on 11 January 2024. Following this approval, the Company can now continue to undertake its business and operations as usual.

 

For further information, please contact:

 

Ethernity Networks Ltd

Tel: +972 3 748 9846

David Levi, Chief Executive Officer

Allenby Capital Limited (Nominated Adviser and Joint Broker)

Tel: +44 (0)20 3328 5656

James Reeve / Piers Shimwell (Corporate Finance)

Amrit Nahal / Stefano Aquilino (Sales and Corporate Broking)

 

Peterhouse Capital Limited (Joint Broker)

Tel: +44 (0)20 7562 0930

Lucy Williams / Duncan Vasey / Eran Zucker

 

 

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FURTIMJTMTTMBJI
Date   Source Headline
19th Apr 20247:00 amRNSFinal Results
16th Apr 202410:12 amRNSResult of Adjourned GM and Board Changes
9th Apr 20249:39 amRNSAdjournment of General Meeting
28th Mar 20247:00 amRNSBusiness update
8th Mar 20247:00 amRNSRe-appointment of Chairman and Issue of Equity
1st Mar 20247:00 amRNSDirector Change, Option Grants and Notice of EGM
22nd Feb 20247:00 amRNSAppointment of Joint Broker
14th Feb 20247:00 amRNSAppointment of Chief Financial Officer
9th Feb 20247:00 amRNSAppointment of VP of Marketing & Business Dev.
5th Feb 20247:00 amRNSCourt approval of creditor settlement plan
31st Jan 20247:00 amRNSConclusion of TSP process
22nd Jan 20245:00 pmRNSHolding(s) in Company
11th Jan 20246:15 pmRNSHolding(s) in Company
11th Jan 20247:00 amRNSApproval of settlement proposal by creditors
4th Jan 20244:00 pmRNSUpdate on TSP process
2nd Jan 20247:00 amRNSHolding(s) in Company
20th Dec 20232:11 pmRNSExtension to and update on TSP process
19th Dec 20237:00 amRNSIssue of Equity
14th Dec 20232:25 pmRNSFinal issue of equity under settlement deed
14th Dec 20239:20 amRNSResult of Adjourned General Meeting
7th Dec 202310:01 amRNSAdjournment of General Meeting
5th Dec 20237:00 amRNSFull Year Trading Update
29th Nov 20234:04 pmRNSIssue of equity under settlement deed
29th Nov 20239:30 amRNSSignificant Contract Win
27th Nov 20235:00 pmRNSHolding(s) in Company
14th Nov 20235:46 pmRNSChange to date of General Meeting
14th Nov 20237:00 amRNSDirector Changes
10th Nov 20237:00 amRNSUpdate re. Subscription agreement & Notice of GM
2nd Nov 20237:00 amRNSContract win with Tier 1 customer
31st Oct 20234:00 pmRNSHolding(s) in Company
30th Oct 20232:17 pmRNSExtension of the TSP
26th Oct 20233:14 pmRNSDirector's Loan and Related Party Transaction
26th Oct 202311:01 amRNSStatement re Share Price Movement
24th Oct 20232:00 pmRNSUpdate re. Subscription agreement and TVR
20th Oct 20237:00 amRNSSubscription agreement part settlement and TVR
16th Oct 20233:00 pmRNSUpdate re TSP, lifting of suspension and subs. agt
16th Oct 20233:00 pmRNSRestoration - Ethernity Networks Ltd
12th Oct 202312:00 pmRNSApplication for TSP and suspension from trading
12th Oct 202312:00 pmRNSSuspension - Ethernity Networks Ltd
29th Sep 20237:00 amRNSSubscription agreement part settlement and TVR
20th Sep 20237:00 amRNSInterim Results
14th Sep 20237:00 amRNSUpdate on Share Subscription Agreement
31st Aug 20237:00 amRNSUpdate on OTC Markets listing
14th Aug 20231:20 pmRNSResult of AGM
7th Aug 202312:40 pmRNSHolding(s) in Company
1st Aug 20237:00 amRNSUpdate on strategy, trading and $1.5 million order
31st Jul 20234:00 pmRNSSubscription agreement part settlement and TVR
26th Jul 20237:00 amRNSDirectorate Change
17th Jul 20238:45 amRNSHolding in Company
6th Jul 20237:00 amRNSNotice of AGM and Issue of Director Shares

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