Ethernity Networks Ltd Holding(s) in Company

RNS Number : 9686H

Ethernity Networks Ltd

14 October 2024

ETHERNITY NETWORKS LTD

("Ethernity" or the "Company")

Holding(s) in Company

Ethernity Networks (AIM: ENET.L; OTCMKTS: ENETF), a leading supplier of data processing semiconductor technology for networking appliances, received notification on 11 October 2024 from New Technology Capital Group, LLC ("New Tech"), that New Tech's voting rights over the Company's ordinary shares are between 5% and 6% of the Company's total issued share capital.

For further information, please contact:

Ethernity Networks Ltd	Tel: +972 3 748 9846
David Levi, Chief Executive Officer Ayala Deutsch, Chief Financial Officer

Allenby Capital Limited (Nominated Adviser and Joint Broker)	Tel: +44 (0)20 3328 5656
James Reeve / Piers Shimwell (Corporate Finance) Amrit Nahal / Stefano Aquilino (Sales and Corporate Broking)

CMC Markets UK plc (Joint Broker)	Tel: +44 (0)20 3003 8632
Douglas Crippen

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) 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 Broadband Networks.

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