BATM Advanced Communications Ltd.

Major Shareholding Notification • Mar 8, 2022

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are at tached ii:			BATM Advanced Communications
	1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer						X
2.	Reason for the notification (please mark		the appropriate box or boxes	with an "X")
An acquisition or disposal of voting rights						X
	An acquisition or disposal of financial instruments
	An event changing the breakdown of voting rights
Other (please specify)	iii:
3. Details of person subject to the		notification obligation	iv
Name ted				Lombard Odier Asset Management (Europe) Limi
	City and country of registered office (if applicable)	London, United Kingdom
4. Full name of shareholder(s)		(if different from 3.) v
Name			Disclosure on behalf of accounts managed on a discre tionary basis by Lombard Odier Investment Managers group.
	City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached vi:			06/01/2022
	6. Date on which issuer notified (DD/MM/YYYY):			07/03/2022
7. Total positions of person(s) subject to the notification obligation
	% of voting rights at tached to shares (to tal of 8. A)		% of voting rights through financial instru ments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached	3.69%	24.31%		28.00%	123,391,197

Position of previous notification (if	27.00%	27.00%
applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii

A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rights ix		% of voting rights
	Direct (DTR5.1)	Indirect (DTR5.2.1)	Direct (DTR5.1)	Indirect (DTR5.2.1)
IL0010849045		16,260,340		3.69%
SUBTOTAL 8. A	16,260,340		3.69%

B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial in strument	Expiration date x	Exercise/ Conversion Period xi	Number of voting rights that may be acquired if the instrument is exercised/converted.	% of voting rights
		SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument	Expiration date x	Exercise/ Conversion Pe riod xi	Physical or cash Settlement xii	Number of voting rights	% of voting rights
CFD				107,130,857	24.31%
			SUBTOTAL 8.B.2	107,130,857	24.31%

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
		Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii		X
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv
Name xv	% of voting rights % of voting rights if it Total of both if it through financial in equals or is higher equals or is higher struments if it equals than the notifiable than the notifiable or is higher than the threshold threshold notifiable threshold

10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held

11. Additional information xvi

Place of completion	London, United Kingdom
Date of completion	07/03/2022