27th Sep 2016 16:24
27 September 2016
SimiGon Ltd
("SimiGon" or the "Company")
Exercise of Options and Issue of Equity
Further to the approval granted at the Annual General Meeting on 30 December 2015 in relation to the 2014 annual share based bonus to Non-executive directors and further to the exercise of options by Mr. Ami Vizer (Chief Executive Officer of the Company), application has been made for 401,035 new ordinary shares of 0.01 NIS each in the Company ("Ordinary Shares") to be admitted to trading on AIM ("Admission").
The application includes: (i) the allotment of 25,000 Ordinary Shares to each of the outgoing external directors, Dr. Vered Shany and Mr. Nevat Simon; (ii) the allotment of 25,000 Ordinary Shares to Mr. Eitan Cohen (Non-executive director); (iii) the allotment of 25,000 Ordinary Shares to Mr. Alistair Rae (Non-executive Chairman); and (iv) the allotment of 301,035 Ordinary Shares following the exercise of options by Mr. Ami Vizer (Chief Executive Officer of the Company).
Pursuant to the issue of the new Ordinary Shares: (i) Mr. Ami Vizer has a beneficial interest in 11,365,489 Ordinary Shares, representing 22.11 per cent. of the total issued share capital of the Company; (ii) Mr. Eitan Cohen has a beneficial interest in 97,000 Ordinary Shares, representing 0.18 per cent. of the total issued share capital of the Company; and (iii) Mr Alistair Rae has a beneficial interest in 227,249 Ordinary Shares, representing 0.44 per cent. of the total issued share capital of the Company.
The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares and Admission is expected to become effective on 3 October 2016. Following this issue of new Ordinary Shares, the Company has 51,394,189 Ordinary Shares in issue and holds none in treasury. Accordingly, the total number of voting rights in the Company is 51,394,189 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.
Enquiries:
SimiGon Ltd Ami Vizer, Chief Executive Officer Efi Manea, Chief Financial Officer www.simigon.com
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Tel: +1 (407) 951 5548 |
finnCap (NOMAD & Broker) Stuart Andrews / Scott Mathieson (corporate finance)
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Tel: +44 (0) 20 7220 0500 |
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Amos Vizer | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Director and Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | SimiGon Ltd | ||||
b) | LEI | n/a | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the Financial instrument, type of instrument | Issuance of Ordinary Shares | ||||
Identification code | IL0010991185 | |||||
b) | Nature of the transaction | Exercise of Options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: · Aggregated volume · Price |
301,035 Ordinary Shares of 0.01 NIS each issued at a price of 20.5 penny per ordinary share | ||||
e) | Date of the transaction | 26 September 2016 | ||||
f) | Place of the transaction | AIM Market | ||||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
5. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Alistair Rae | ||||
6. | Reason for the Notification | |||||
a) | Position/status | Non-Executive Chairman of the Board of Directors | ||||
b) | Initial notification/Amendment | Initial notification | ||||
7. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | SimiGon Ltd | ||||
b) | LEI | n/a | ||||
8. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the Financial instrument, type of instrument | Issuance of Ordinary in lieu of bonus | ||||
Identification code | IL0010991185 | |||||
b) | Nature of the transaction | Share Issuance in lieu of bonus | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: · Aggregated volume · Price |
25,000 Ordinary Shares of 0.01 NIS each issued at a price of 20.5 penny per ordinary share | ||||
e) | Date of the transaction | 26 September 2016 | ||||
f) | Place of the transaction | AIM Market | ||||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
9. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Eitan Cohen | ||||
10. | Reason for the Notification | |||||
a) | Position/status | Non-Executive Directors | ||||
b) | Initial notification/Amendment | Initial notification | ||||
11. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | SimiGon Ltd | ||||
b) | LEI | n/a | ||||
12. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the Financial instrument, type of instrument | Issuance of Ordinary in lieu of bonus | ||||
Identification code | IL0010991185 | |||||
b) | Nature of the transaction | Share Issuance in lieu of bonus | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: · Aggregated volume · Price |
25,000 Ordinary Shares of 0.01 NIS each issued at a price of 20.5 penny per ordinary share | ||||
e) | Date of the transaction | 26 September 2016 | ||||
f) | Place of the transaction | AIM Market | ||||
Related Shares:
SIM.L