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Notice of General Meeting

LEI: 213800FLQUB9J289RU66
23 February 2022

BATM Advanced Communications Limited
(“BATM” or “the Group”)

Notice of General Meeting

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, gives notice that a General Meeting (the “Meeting”) of the Group is to be held at 12:00 p.m. Israel-time (10:00 a.m. UK-time) on 17 March 2022 at the Group’s registered office at 4 Ha’harash Street, Nave Ne’eman Industrial Area, P.O.B. 7318, 4524075 Hod Hasharon, Israel.

The purpose of the Meeting is to seek shareholder approval for the buyback of up to 44,053,412 ordinary shares of NIS0.01 (“Ordinary Shares”) in the capital of the Group (the “Buyback Programme”), representing 10% of the Group’s issued share capital as at the date of this announcement. The Group has a strong balance sheet and the Buyback Programme, which would be funded from the Group’s net cash, forms part of the Board’s broader strategy to deliver shareholder value.  

In order to enable shareholder engagement and participation for those unable to physically attend the Meeting, shareholders will be able to access the Meeting via videoconference. Please note, shareholders will not be able to vote at the Meeting via the videoconference. Shareholders attending the Meeting via videoconference are therefore strongly encouraged to submit their vote in advance the Meeting.

Further information on the Buyback Programme, and details on how to register to attend the Meeting via videoconference, can be found in the Notice of General Meeting that, along with forms of proxy and direction, has today been made available on BATM’s website at:


BATM Advanced Communications
Dr Zvi Marom, Chief Executive Officer
+972 9866 2525
Moti Nagar, Chief Financial Officer

Shore Capital
Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory)
Henry Willcocks (Corporate Broking)
+44 20 7408 4050

Luther Pendragon
Harry Chathli, Claire Norbury
+44 20 7618 9100

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