15th Aug 2016 09:13
B.S.D. CROWN LTD - Court DecisionB.S.D. CROWN LTD - Court Decision
PR Newswire
London, August 15
BSD Crown Ltd. (LSE: BSD)
(the “Company”)
Court Decision
Ramat Gan, Israel, 15 August 2016
Further to Company's announcement dated 18 April 2016 with respect to the motion requesting disclosure of certain documents submitted to the Economic Department of the Tel-Aviv District Court ("the Court"), the Company hereby announces that the Court has rejected the motion calling for the disclosure of such documents due to a concern of compromising the investigation of the Israeli Securities Authority ("ISA") as it was first announced by the Company on 19 February 2016.
The Court also ruled that a motion requesting disclosure of such documents may be made again in three months' time provided at such time that the ISA approve of the disclosure of the requested documents.
Enquiries:
Gregory Gurtovoy, chairman of the board: [email protected]
Related Shares:
BSD.L