BATM Advanced Comm - Result of AGM and Director Appointment

RNS Number : 8165Q

BATM Advanced Communications Ld

19 December 2024

LEI: 213800FLQUB9J289RU66

19 December 2024

BATM Advanced Communications Limited

("BATM" or "the Group")

Result of AGM and Director Appointment

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that at its Annual General Meeting ("AGM" or the "Meeting"), held earlier today, all resolutions were duly passed, including the resolution appointing Dr. Shmuel (Muli) Ben Zvi as a Non-executive Director of the Group with effect from the conclusion of the Meeting.

Details of the voting results, which should be read alongside the Notice of AGM, are below:

Resolution	Votes for*		Votes against		Votes withheld	Total votes cast
	No. of votes	% of votes cast**	No. of votes	% of votes cast**	No. of votes
1	302,686,902	99.99	37,322	0.01	119,927	302,844,151
2	289,249,227	95.54	13,489,997	4.46	104,927	302,844,151
3	290,229,434	99.98	67,322	0.02	12,547,395	302,844,151
4	189,028,376	91.79	16,916,348	8.21	104,927	206,049,651
5	298,028,865	98.44	4,710,359	1.56	104,927	302,844,151
6	298,028,865	98.44	4,710,359	1.56	104,927	302,844,151
7	302,619,454	99.99	44,770	0.01	179,927	302,844,151
8	302,219,045	99.85	445,179	0.15	179,927	302,844,151
9	298,368,344	98.56	4,370,880	1.44	104,927	302,844,151
10	201,573,844	66.60	101,090,380	33.40	179,927	302,844,151
11	185,567,384	91.49	17,255,952	8.51	3,226,315	206,049,651
12	302,587,954	99.94	167,895	0.06	88,302	302,844,151
13	289,994,081	95.77	12,821,768	4.23	28,302	302,844,151

* Includes discretionary votes

**Excludes withheld votes

The Board is pleased that all resolutions were passed by the requisite majority of the shareholders who voted, but notes that over 20% of votes cast were against the Board's recommendation in respect of resolution 10. The Board will engage with shareholders in respect of this resolution to ensure their views are understood. In accordance with provision 4 of the UK Corporate Governance Code, the Board will provide an update on this engagement within six months of the AGM, as well as a final summary in the Group's annual report.

Other than the below, there are no other required disclosures pursuant to UK Listing Rule 6.4.8 in relation to Dr. Ben Zvi:

Current directorships held in public companies	Directorships in public companies held within the past five years
Protalix Biotherapeutics Inc	Bank Leumi Le Israel BM
	Sol-Gel Technologies Ltd
	VBL Therapeutics Ltd

In accordance with UK Listing Rule 6.4.2, a copy of the resolutions, other than resolutions concerning ordinary business, has been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Enquiries

BATM Advanced Communications
Moti Nagar, Chief Executive Officer	+972 9866 2525
Ran Noy, Chief Financial Officer

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

Gracechurch Group
Harry Chathli, Claire Norbury	+44 20 4582 3500

Forward-looking statements

This document contains forward-looking statements. Those statements reflect the current opinions, evaluations and estimations of the Group's management, and are based on the current data regarding the Group's business as is detailed in this document and in the Group's periodical, interim and immediate reports. The Group does not undertake any obligation or make any representation that actual results and events will be in line with those statements, and stresses that they may differ materially from those statements, due to changes in the Group's business, market, competition, demand for the Group's products or services, general economic factors or other factors that can influence the Group's business and results, due to the risk factors that are detailed in the Group's Annual Report, and due to information and factors that are currently unknown to the Group's management and that, if known, would affect the management's opinions, evaluations or estimations. The Group will report the actual results and events according to its legal, accounting and regulatory obligations, and does not undertake any other obligation to report them or their deviations from the forward-looking statements, or to update any of the forward-looking statements in this document or to report that it is not valid anymore.

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