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Ruling of the Antitrust General Director

27th Apr 2009 09:27

RNS Number : 1927R
Leumi International Investments NV
27 April 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: [email protected]

 27 April 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: Ruling of the Antitrust General Director

Bank Leumi le- Israel B.M. (the "Bank") hereby announces as follows:

 

On 26 April 2009, a ruling of the Antitrust General Director was received at the Bank pursuant to s.43(a)(1) of the Antitrust Law, 1988, according to which restrictive trade agreements, relating to the transfer of information regarding commissions, had existed between the Bank, Bank Hapoalim B.M., Israel Discount Bank Ltd., Mizrahi-Tefahot Bank Ltd. and the First International Bank of Israel Ltd., during the period from the beginning of the 1990s until the commencement of the Antitrust Authority's investigation of the matter, in November 2004. This is a civil ruling, which constitutes prima facie evidence of the matters therein determined in any legal proceedings.

 

The Bank is entitled to file an appeal against the whole or part of the ruling. The Bank is examining the ruling and considering its further steps.

At this early stage, the effects of the ruling can not be assessed.

 

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

26 April 2009 at 13:00.

________________________________________________________________

Name of Electronic Reporter: Jennifer Janes, Position: Executive Vice President, Group Secretary

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

Electronic Mail: [email protected]

 

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