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Holdings of Bank Leumi of the shares of Migdal

19th May 2009 10:02

RNS Number : 4863S
Leumi International Investments NV
19 May 2009
 



BANK LEUMI LE-ISRAEL B.M.

(GUARANTOR - GUARANTEED EURO MEDIUM TERM NOTE

PROGRAMME OF LEUMI INTERNATIONAL INVESTMENTS N.V.)

Translation of Immediate Report 

Bank Leumi le-Israel B.M.

Registration No. 520018078

Securities of the Corporation are listed on The Tel Aviv Stock Exchange

Abbreviated Name: Leumi

Leumi House34 Yehuda Halevi Street, Tel Aviv 65546

Phone: + 972 3 5148111, + 972 3 5149419; Facsimile: + 972 3 5149732

Electronic Mail: Yaelru@bll.co.il 

 3 May 2009

To:  Israel Securities Authority (www.isa.gov.il) 

The Tel Aviv Stock Exchange (www.tase.co.il)

Immediate Report regarding an Event or Matter falling outside the Ordinary Course of Business of the Corporation

Pursuant to Regulation 36(a) of the Securities (Periodic and Immediate Reports) Regulations, 1970

Nature of Report: Holdings in the Shares of Migdal

Bank Leumi le-Israel B.M. (the "Bank") announces that the Bank of Israel has deferred the date on which the Bank is required to cease holding means of control in Migdal Insurance and Financial Holdings Ltd. ("Migdal") until 31 August 2009 (instead of 30 April 2009) (the "Determining Date"). Should the Bank not cease to hold means of control in Migdal by the Determining Date, the trustee (to whom the Bank, in early January 2009, transferred the exercise of the rights related to the means of control in Migdal, except for the right to transfer the means of control to a third party by the Determining Date, and except for the right to receive dividends) is required to transfer the means of control to a third party by 31 December 2009 (instead of 31 August 2009). 

Date and time at which the corporation first became aware of the event or matter:

30 April 2009 at 18:20.

________________________________________________________________

Name of Electronic Reporter: Yael Rudnicki, Position: Group Secretary

POB 2 Tel Aviv 61000, Phone: + 972 3 5149419, Facsimile: + 972 3 5149732, 

Electronic Mail: Yaelru@bll.co.il

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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