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.