ENET Ethernity Networks Ltd

TIDMENET

RNS Number : 6581O

Ethernity Networks Ltd

11 October 2021

11 October 2021

ETHERNITY NETWORKS LTD

("Ethernity" or the "Company")

Exercise of Options and Total Voting Rights

Ethernity Networks (AIM: ENET.L), a leading supplier of data processing offload solutions on programmable FPGA (field programmable gate array) for accelerating telco/cloud networks announces that it has received, from the estate of an employee, a notice to exercise options to subscribe for a total of 480,000 new ordinary shares of NIS 0.001 each in the Company ("Ordinary Shares").

Application has been made to the London Stock Exchange for 480,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and Admission is expected to occur on or around 15 October 2021. The new Ordinary Shares will rank pari passu with the existing ordinary shares in the Company.

Total voting rights

Following Admission, the Company's enlarged issued share capital will be 68,969,069 Ordinary Shares. The Company holds no Ordinary Shares in Treasury. This figure of 68,969,069 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 and Transparency Rules.

For further information, please contact:

 
Ethernity Networks                         Tel: +972 8 915 0392 
David Levi, Chief Executive Officer 
Mark Reichenberg, Chief Financial Officer 
 
Arden Partners plc (NOMAD and Joint        Tel: +44 207 614 5900 
 Broker) 
Richard Johnson / Oscair McGrath 
 
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

IOEDZMMGLMZGMZG

(END) Dow Jones Newswires

October 11, 2021 05:43 ET (09:43 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