Ethernity Networks Ltd — Major Shareholding Notification 2023

Jul 17, 2023

National Storage Mechanism | Additional information

RNS Number : 2150G

Ethernity Networks Ltd

17 July 2023

17 July 2023

ETHERNITY NETWORKS LTD.

("Ethernity" or the "Company")

Holdings in Company

Ethernity Networks (AIM: ENET.L; OTCQB: ENETF), a leading supplier of data processing semiconductor technology for networking appliances and fiber access controllers for PON networks, received notification from Cipio Partners Fund VI S.C.S on 12 July 2023 that it now holds 5,722,000 ordinary shares of NIS0.001 each in Ethernity, representing 4.18% of the Company's total issued share capital.

For further information, please contact:

Ethernity Networks Ltd	Tel: +972 8 915 0392
David Levi, Chief Executive Officer
Mark Reichenberg, 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)
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 OTCQB: ENETF) provides innovative, comprehensive networking and security solutions on programmable hardware that increase telco/cloud network infrastructure capacity. Ethernity's semiconductor logic offers data processing functionality for different networking applications, innovative patented wireless access technology, and fibre access media controllers, all equipped with control software with a rich set of networking features. Ethernity's solutions quickly adapt to customers' changing needs, improving time-to-market, and facilitating the deployment of 5G over wireless and fibre infrastructure.

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