Ethernity Networks Ltd Subscription, Result of Broker Option and TVR (3151Z)
12 Mayo 2023 - 10:35AM
UK Regulatory
TIDMENET
RNS Number : 3151Z
Ethernity Networks Ltd
12 May 2023
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the UK version of the Market Abuse Regulations (EU) No. 596/2014
("MAR"). With the publication of this announcement via a Regulatory
Information Service, this inside information is now considered to
be in the public domain.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM AUSTRALIA, NEW
ZEALAND, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER
JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.
THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO BUY, ACQUIRE
OR SUBSCRIBE FOR (OR THE SOLICITATION OF AN OFFER TO BUY, ACQUIRE
OR SUBSCRIBE FOR) ORDINARY SHARES TO ANY PERSON WITH A REGISTERED
ADDRESS IN, LOCATED IN, OR WHO IS A RESIDENT OF, THE UNITED STATES,
AUSTRALIA, NEW ZEALAND, CANADA, JAPAN OR THE REPUBLIC OF SOUTH
AFRICA OR IN ANY OTHER JURISDICTION IN WHICH SUCH OFFER,
SOLICITATION OR SALE WOULD BE UNLAWFUL OR CONTRAVENE ANY
REGISTRATION OR QUALIFICATION REQUIREMENTS UNDER THE SECURITIES
LAWS OF ANY SUCH JURISDICTION.
12 May 2023
ETHERNITY NETWORKS LTD
("Ethernity" or the "Company")
Subscription, Result of Broker Option, and Total Voting
Rights
Ethernity Networks (AIM: ENET.L; OTCQB: ENETF), a leading
supplier of data processing semiconductor technology for
virtualized networking appliances, announces that, following
receipt of positive interest from two senior engineers of the
Company's PON development team, the Company decided to undertake a
subscription (the "Subscription") and is pleased to announce that
the Subscription has raised a total of GBP33,500 at the Issue Price
of 3p per share through the issue of 1,116,667 new Ordinary Shares
("Subscription Shares").
Further, the Company announces that the Broker Option announced
on 11 May 2023 has now closed. No shares will be issued under the
Broker Option.
Admission to trading
Application has been made to the London Stock Exchange for the
Placing Shares and Subscription Shares to be admitted to trading on
AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on
or around 18 May 2023. The Placing Shares and Subscription Shares
will rank pari passu with the Company's existing Ordinary
Shares.
Total voting rights
Following Admission, the Company's enlarged issued share capital
will be 130,161,305 Ordinary Shares. The Company holds no Ordinary
Shares in Treasury. This figure of 130,161,305 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.
Defined terms in this announcement shall have the same meaning
as set out in the announcement made on 11 May 2023, unless
otherwise specified herein.
For further information, please contact:
Ethernity Networks Ltd Tel: +972 8 915 0392
David Levi, Chief Executive Officer
Mark Reichenberg, Chief Financial Officer
Allenby Capital Limited (Nominated Adviser Tel: +44 (0)20 3328
and Joint Broker) 5656
James Reeve / Piers Shimwell (Corporate
Finance)
Amrit Nahal (Sales and Corporate Broking)
Peterhouse Capital Limited (Joint Broker) Tel: +44 (0)20 7562
0930
Lucy Williams / Duncan Vasey / Eran Zucker
About Ethernity ( www.ethernitynet.com )
Ethernity Networks (AIM: ENET.L OTCQB: ENETF) provides
innovative, comprehensive networking and security solutions on
programmable hardware for accelerating telco/cloud networks.
Ethernity's semiconductor 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
IOESFLFIEEDSEEI
(END) Dow Jones Newswires
May 12, 2023 11:35 ET (15:35 GMT)
Ethernity Networks (LSE:ENET)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Ethernity Networks (LSE:ENET)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024