5th Jan 2016 16:30
B.S.D. CROWN LTD - Exercise of WFINT Put OptionB.S.D. CROWN LTD - Exercise of WFINT Put Option
PR Newswire
London, January 5
B.S.D Crown Ltd (LSE:BSD)
("BSD" or "the Company")
Exercise of WFINT Put Option
Ramat Gan, Israel, 5 January 2016
The Company refers to its prospectus dated 29 July, 2014 (the “Prospectus”) and its announcements of 4 February, 6 February and 16 December 2015. Capitalised terms used below but not defined, have the meanings ascribed to them in the Prospectus.
Further to the Company's announcement of 16 December 2015 regarding the notifications received from each of Mr Zvi Williger ( “ZW”) and Mr. Joseph Williger ("JW") of their intention to exercise the WFINT Put Option, the Company hereby announces that on 4 January 2016, the Company acquired 133,334 shares ("WFINT Shares") in WFINT from ZW and JW for a consideration of USD 1.6 Million.
Following completion of the acquisition of the WFINT Shares, the Company now holds 5.82% of the issued shares of WFINT directly and a further 38.81% of the issued shares of WFINT indirectly through WFI.
For more information about the Company, visit www.bsd-c.com.
Enquiries:
Yossi Schneorson, CEO: [email protected]
Related Shares:
BSD.L