LEI: 213800FLQUB9J289RU66
14 November 2024
BATM
Advanced Communications Limited
("BATM"
or "the Group")
Notice of Annual General
Meeting and
Proposed Director
Appointment
BATM (LSE: BVC; TASE: BVC), a leading provider of
real-time technologies for networking solutions and medical
laboratory systems, gives notice that the Annual General
Meeting ("AGM" or the "Meeting") of the Group is to be held
at 12.00pm Israel time (10.00am UK time) on 19 December
2024 at the Group's registered office at 4 Ha'harash Street,
Nave Ne'eman Industrial Area, P.O.B. 7318, 4524075 Hod Hasharon,
Israel.
In order to enable shareholder engagement and
participation for those unable to physically attend the Meeting,
shareholders will be able to access the Meeting via
videoconference.
Among the resolutions to be proposed to the AGM
is a resolution appointing Dr. Shmuel (Muli) Ben-Zvi as a
Non-executive Director of the Group to take effect from the
conclusion of the Meeting.
Dr. Shmuel (Muli) Ben Zvi was elected Chairman
of the board of Bank Leumi, the largest banking corporation in
Israel, in October 2023 for the final year of his nine-year tenure
as a director. At Bank Leumi, he was a member of the board's audit,
risk management, credit, technology and strategy committees. Dr.
Ben Zvi has extensive executive and board experience across
multiple industries, including currently being a director of
Protalix Biotherapeutics (NYSE American: PLX) and previously of
Sol-Gel Technologies (NASDAQ: SLGL) and VBL Therapeutics (NASDAQ:
VBLT). From 2004 to 2014, he held a number of managerial positions
at Teva Pharmaceuticals (NASDAQ and TASE: TEVA), including Vice
President of Strategy and Vice President of Finance.
In accordance with Israeli Companies Law, the
Group requires shareholder approval to appoint a new Non-executive
Director. The required disclosures pursuant to UK Listing Rules
6.4.8 in relation to Dr. Ben Zvi will be made in due course subject
to his appointment.
Further information on the resolutions, notes
and details on how to attend the AGM via videoconference can be
found in the Notice of AGM that, along with forms of proxy and
direction, has today been made available on BATM's website
at: www.batm.com.
Enquiries
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BATM Advanced
Communications
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Moti Nagar, Chief Executive Officer
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+972 9866
2525
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Ran Noy, Chief Financial Officer
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Shore
Capital
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Mark Percy, Anita Ghanekar, James Thomas
(Corporate Advisory)
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+44 20 7408 4050
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Gracechurch
Group
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Harry Chathli, Claire Norbury
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+44 20 4582 3500
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