25th Mar 2015 14:27
B.S.D. CROWN LTD - WFINT Put OptionB.S.D. CROWN LTD - WFINT Put Option
PR Newswire
London, March 25
B.S.D Crown Ltd (LSE:BSD) ("BSD" or "the Company") WFINT Put Option Tel Aviv, Israel, 25 March, 2015 The Company refers to its announcements of 4 and 6 February and 4 March, 2015and to the Company's prospectus dated 29 July, 2014 (the "Prospectus").Capitalised terms used below but not defined, will have the meanings ascribedto them in the Prospectus. The Company received notifications from Mr Zvi Williger and Zvi V & Co. CompanyLtd. (together "ZW") and from Mr Joseph Williger ("JW") of their respectiveintentions to exercise part of their rights under the WFINT Put Option inrelation to 66,667 shares in WFINT to be acquired from ZW for consideration ofUSD 800,004 and a further 66,667 shares in WFINT to be acquired from JW forconsideration of USD 800,004. On 24 March, 2015, the Company paid the amounts set out above (USD 1,600,008 inaggregate) and acquired the shares set out above (133,334 in aggregate). Assuch, the Company now directly holds 1.02% of the shares of WFINT andindirectly holds a further 36.97% of the shares of WFINT through WFI Further information about the Company For more information about the Company, visit www.bsd-c.com. Enquiries:
Eyal Merdler, CFO: [email protected]
Related Shares:
BSD.L