Regulatory News

Dual Listing on the TASE

Sep 11, 2012

BATM Advanced Communications Ld
Headline BATM to dual list on TASE
Released 07:00 11-Sep-2012
Number 9412L07

RNS Number : 9412L
BATM Advanced Communications Ld
11 September 2012

BATM Advanced Communications Limited

("BATM" or the "Company")

Dual Listing on the Tel Aviv Stock Exchange

BATM Advanced Communications Limited (LSE: BVC), a leading provider of real-time technologies for the networked telecoms and medical laboratory equipment markets, is pleased to announce that the ordinary shares of the Company have been approved for listing on the Tel Aviv Stock Exchange ("TASE") under the symbol "BATM". Trading is scheduled to commence on 19 September 2012.

Dr Zvi Marom, Chief Executive Officer of BATM, said: "We are pleased to have gained a listing on the TASE, which will increase BATM's profile amongst the investment community in Israel. Whilst we are a global company, our headquarters are in Israel and this is a natural step in order to strengthen our ties with the country where we have an extensive network of operations and where our research and development centres are based.

"As we progress towards returning to growth and profitability, we look forward to benefitting from a wide range of investors and delivering value to all shareholders."

The ordinary shares of the Company will continue to trade on the Main List of the London Stock Exchange ("LSE"), where BATM has been listed since 12 July 1999, under the symbol "BVC". The shares listed on TASE will be fully fungible with those listed on the LSE.


BATM Advanced Communications

Dr Zvi Marom, Chief Executive Officer

+972 9866 2525

Ofer Bar-Ner, Chief Financial Officer

Marc Young, Henrik Persson - Corporate Finance
+44 20 7220 0500

Brian Patient, Stephen Norcross - Corporate Broking

Shore Capital
Pascal Keane
+44 20 7408 4090

Luther Pendragon

Harry Chathli, Claire Norbury

+44 20 7618 9100

This information is provided by RNS
The company news service from the London Stock Exchange