2nd Sep 2019 08:54
2 September 2019
Amiad Water Systems Ltd.
("Amiad" or the "Company")
Response to Media Speculation
Amiad (AIM: AFS), a leading global producer of water treatment and filtration solutions, notes the media speculation and confirms that it is currently in discussions with FIMI Opportunity Funds, a significant shareholder in the Company, regarding a potential investment in Amiad through the placing of new ordinary shares. The discussions have not yet materialised into a signed agreement and any placing will remain subject to a number of pre-conditions, including the approval processes of the Company. There is no guarantee that the discussions will lead to an investment in the Company. Amiad will update the market with respect to any investment in the Company as required in due course.
This announcement contains inside information for the purposes of the Market Abuse Regulation (596/2014/EU). Upon the publication of this announcement, this inside information is now considered to be in the public domain and such persons shall therefore cease to be in possession of inside information.
Enquiries
Amiad Water Systems Ltd. | |
Dori Ivzori, Chief Executive Officer Avishay Afriat, Chief Financial Officer | +972 4 690 9500 |
Stifel Nicolaus Europe Ltd. | |
Stewart Wallace, Ben Maddison | +44 20 7710 7600 |
Luther Pendragon Ltd. | |
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.
Related Shares:
AFS.L