TIDMENET

RNS Number : 0435T

Ethernity Networks Ltd

22 November 2021

22 November 2021

ETHERNITY NETWORKS LTD

("Ethernity" or the "Company")

Allotment of Shares

Ethernity Networks Ltd (AIM: ENET.L), a leading supplier of networking processing technology ported on FPGA (field programmable gate array) for virtualised networking appliances, announces that, further to the Company's announcement of 9 November 2021, application has been made to the London Stock Exchange for 2,642,472 new ordinary shares ("Ordinary Shares"), being the entire remaining outstanding balance of the Investment Facility, to be admitted to trading on AIM ("Admission). Admission is expected to occur on or around 29 November 2021.

Total voting rights

Following Admission, the Company's enlarged issued share capital will be 75,351,738 Ordinary Shares. The Company holds no Ordinary Shares in Treasury. This figure of 75,351,738 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Terms defined in this announcement shall have the same meaning as in the Company's announcement of 9 November 2021, unless otherwise stated.

For further information, please contact:

 
Ethernity Networks Ltd.                      Tel: +972 8 915 0392 
David Levi, Chief Executive Officer 
Mark Reichenberg, Chief Financial Officer 
 
Arden Partners plc (NOMAD and Joint Broker)  Tel: +44 207 614 5900 
Richard Johnson / George Morgan 
 
Peterhouse Capital Limited (Joint Broker)    Tel: +44 20 7562 0930 
Lucy Williams / Duncan Vasey / Eran Zucker 
 
 
 
   About Ethernity   (www.ethernitynet.com) 

Ethernity Networks (AIM: ENET.L) provides innovative, comprehensive networking and security solutions on programmable hardware for accelerating telco/cloud networks. Ethernity's FPGA logic offers complete Carrier Ethernet Switch Router data plane processing and control software with a rich set of networking features, robust security, and a wide range of virtual function accelerations to optimize telecommunications networks. Ethernity's complete solutions quickly adapt to customers' changing needs, improving time-to-market and facilitating the deployment of 5G, edge computing, and NFV.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

IOEMZMZMNMRGMZM

(END) Dow Jones Newswires

November 22, 2021 02:00 ET (07:00 GMT)

Ethernity Networks (LSE:ENET)
Gráfica de Acción Histórica
De Abr 2022 a May 2022

Ethernity Networks (LSE:ENET)
Gráfica de Acción Histórica
De May 2021 a May 2022