4 December 2024
ETHERNITY NETWORKS LTD
("Ethernity" or the "Company")
Holding(s) in Company
Ethernity Networks Limited (AIM: ENET.L) (OTCMKTS: ENETF), a leading supplier of data processing semiconductor technology for networking appliances, received notification on 3 December 2024 from New Technology Capital Group, LLC ("New Tech"), that New Tech's voting rights over the Company's ordinary shares are below 3% 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 Tomer Assis, Chief Financial Officer |
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| 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) |
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| CMC Markets UK plc (Joint Broker) | Tel: +44 (0)20 3003 8632 |
| Douglas Crippen |
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| Peterhouse Capital Limited (Joint Broker) | Tel: +44 (0)20 7562 0930 |
| Lucy Williams / Duncan Vasey / Eran Zucker |
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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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