Close
Company Search
Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Update to proposed Merger & Delisting

3rd Mar 2022 07:00

RNS Number : 4531D
SimiGon Limited
03 March 2022
 

SimiGon Ltd.

("SimiGon" or the "Company")

Update related to the ex parte restraining order with respect to the delisting

 

SimiGon Ltd. (LON: SIM) wishes to update its shareholders that further to the Company's announcement published on February 24, 2022 with regards to an ex parte temporary restraining order issued by the Tel Aviv District Court (the "Court") on February 21, 2022 for the cancellation of the admission of the Company's Ordinary Shares to trading on the AIM Market (the "Cancellation") in relation to the merger transaction with Maxify Solutions Inc. that was approved by SimiGon's shareholders of February 18, 2022, the Court cancelled the ex parte restraining order and a hearing on the matter was scheduled for March 10, 2022.

Pending further updates with regard to the foregoing, there is currently no change to the expected timetable for the merger and Cancellation. Further announcements and updates will be provided as appropriate.

 

Enquiries:

 

SimiGon Ltd

Ami Vizer, Chief Executive Officer and Executive Chairman

Efi Manea, Chief Financial Officer

www.simigon.com

 

 

Tel: +1 (407) 951 5548

finnCap (NOMAD & Broker)

Henrik Persson / Milesh Hindocha (Corporate Finance)

 

Tel: +44 (0) 20 7220 0500

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDSSIFUEEESESD

Related Shares:

SIM.L
FTSE 100 Latest
Value7,913.25
Change233.77