2nd Jan 2020 16:25
2 January 2020
Amiad Water Systems Ltd.
("Amiad" or the "Company")
PDMR Exercise of Options, Issue of Equity and Total Voting Rights
Amiad (AIM: AFS), a leading global producer of water treatment and filtration solutions, announces that, on 30 December 2019, two persons discharging managerial responsibilities (PDMR) of the Company exercised options over a total of 9,636 ordinary shares in Amiad of NIS 0.5 each ("Ordinary Shares") under the Company's Employee Share Option Plan 2012 as follows:
Name | Title | Number of Ordinary Shares over which options were exercised | Resulting total shareholding | Percentage of enlarged issued share capital |
Nir Lang | VP Head of APAC Region | 6,660 | 6,660 | 0.03% |
Issey Ende | VP Marketing, Business Development & Technologies, Industry | 2,976 | 2,976 | 0.01% |
Application will be made to the London Stock Exchange for the 9,636 new Ordinary Shares to be admitted to trading on AIM. Application will also be made for the admission to trading of, in aggregate, 29,323 Ordinary Shares previously issued and allotted by the Company in relation to the exercise of share options by certain former employees under the Company's Employee Share Option Plan 2012 and for which an application had not been made to the London Stock Exchange. It is expected that admission will become effective and dealings in the new Ordinary Shares will commence on or around 8 January 2020. The new Ordinary Shares shall rank pari passu with the existing Ordinary Shares in the Company.
Following admission of the 38,959 new Ordinary Shares, the Company's issued share capital will consist of 22,698,743 Ordinary Shares with voting rights and that figure may be used by shareholders in the Company 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 under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Enquiries
Amiad Water Systems Ltd. |
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Dori Ivzori, Chief Executive Officer Avishay Afriat, Chief Financial Officer | +972 4 690 9500 |
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Stifel Nicolaus Europe Ltd. |
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Stewart Wallace, Ben Maddison | +44 20 7710 7600 |
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Luther Pendragon |
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Harry Chathli, Claire Norbury, Rachel So | +44 20 7618 9100 |
About Amiad
Amiad Water Systems (AIM: AFS) is a leading global producer of automatic, self-cleaning water treatment and filtration products and systems. Through its engineering skills and ability to innovate, Amiad provides cost-effective "green" solutions for the irrigation and industrial purposes. In these markets, its unique and high-quality products are being integrated into the core of systems for filtration and water treatment, micro irrigation and membrane protection, wastewater and potable water treatment, cooling systems and sea water filtration.
Headquartered in Israel, Amiad provides these solutions through ten subsidiaries and a comprehensive network of distributors to customers in more than 80 countries.
For additional information or product details, please visit www.amiad.com.
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 | Nir Lang | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Amiad Water Systems Ltd. | ||||
b) | LEI | 213800P6ORZZT3X4TY55 | ||||
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 Identification code | Ordinary Shares - NIS 0.5 AFS - IL0010943905 | ||||
b) | Nature of the transaction | Exercise of share options | ||||
c) | Price(s) and volume(s)
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| ||||
d)
| Aggregated information | N/A | ||||
e) | Date of the transaction | 30 December 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Issey Ende | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Amiad Water Systems Ltd. | ||||
b) | LEI | 213800P6ORZZT3X4TY55 | ||||
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 Identification code | Ordinary Shares - NIS 0.5 AFS - IL0010943905 | ||||
b) | Nature of the transaction | Exercise of share options | ||||
c) | Price(s) and volume(s)
|
| ||||
d)
| Aggregated information | N/A | ||||
e) | Date of the transaction | 30 December 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Related Shares:
AFS.L