BATM to join further Tel Aviv Stock Exchange index

RNS Number : 7525S

BATM Advanced Communications Ld

12 November 2013

 



12 November 2013

BATM Advanced Communications Limited

("BATM" or "the Group")

BATM to join further Tel Aviv Stock Exchange index

BATM Advanced Communications Limited (LSE: BVC; TASE: BATM), a leading provider of real-time technologies for the networked telecoms and medical laboratory equipment markets, announces that it will be joining a further Tel Aviv Stock Exchange ("TASE") index - Yeter Maagar - on 15 December 2013. This follows the inclusion of the Group's shares in the Maagar, Technology and Bluetech 50 indexes on 20 October 2013.

Dr. Zvi Marom, Chief Executive Officer of BATM, said: "We are pleased with the decision of TASE to include BATM in this additional stock exchange index, which we expect to have a positive impact on our share price. Furthermore, as we continue to make progress in both our Telecom and Medical divisions, we believe that the implementation of the Group's business strategy will create value for our shareholders."

Enquiries 

BATM Advanced Communications
Dr Zvi Marom, Chief Executive Officer	[phone]
Ofer Bar-Ner, Chief Financial Officer
finnCap
Stuart Andrews, Henrik Persson - Corporate Finance	[phone]
Brian Patient, Stephen Norcross - Corporate Broking
Shore Capital
Pascal Keane	[phone]
Luther Pendragon
Harry Chathli, Claire Norbury	[phone]

 

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