Amiad Water Systems Ltd Notice of AGM and Directorate Change (6684W)
August 02 2018 - 9:00AM
UK Regulatory
TIDMAFS
RNS Number : 6684W
Amiad Water Systems Ltd
02 August 2018
2 August 2018
Amiad Water Systems Ltd.
("Amiad" or the "Company")
Notice of AGM and Directorate Change
Amiad (AIM: AFS), a leading global producer of water treatment
and filtration solutions, gives notice that the Annual General
Meeting ("AGM") of the Company is to be held at 11.00am BST on
Thursday 13 September 2018 at the offices of Bryan Cave Leighton
Paisner LLP, Adelaide House, London Bridge, London, EC4R 9HA,
England.
Among the resolutions to be voted on at the AGM is the proposed
appointment of Mr. Yariv Avisar as a non-executive director of the
Company and Chairman of the Board. Subject to shareholder approval,
Mr. Avisar will replace Mr. Eli Opper who, as previously announced
on 3 April 2018, retires as a director of the Company and Chairman
of the Board at the conclusion of the AGM. The Company continues to
liaise with Kibbutz Amiad in relation to appointing a replacement
non-executive director as its representative.
Further information on the resolutions can be found in the
Notice of AGM circular that has, along with forms of proxy and
direction, been made available to shareholders of the Company as an
electronic communication and has been made available on Amiad's
website at: www.amiad.com.
Proposed Director Appointment
Mr. Avisar, aged 56, has over 18 years' experience in global
business management within the technology and engineering sector.
This includes four years as Chief Executive Officer of SCR
(Engineers) Ltd, a global leader in the development and production
of agritech solutions for dairy farming, which was acquired by
Allflex Group for US$250 million in 2015. Prior to this, he held
the position of VP & GM of a global business unit at
Hewlett-Packard's Scitex division for large-format digital printing
and a sales and corporate role at M-Systems, a NASDAQ-listed
producer of flash memory products.
His current roles include, among others, Chairman of GlucoMe, a
digital diabetes care platform; a director of Krausz Industries, a
designer and manufacturer of coupling and repair clamp solutions
for water and wastewater applications worldwide; and a director of
Unitronics, a TASE-listed developer of advanced technological
solutions for the automation sector.
Other than set out below, there are no other matters required to
be disclosed pursuant to paragraph (g) of Schedule Two to the AIM
Rules for Companies as regards Mr. Avisar's appointment. Mr. Avisar
does not hold any shares in the Company.
Regulatory disclosures:
Mr. Yariv Avisar
Current Directorships Directorships within the last
five years
------------------------------
GlucoMe Ltd SCR (Engineers) Ltd
------------------------------
Krausz Industries Ltd
------------------------------
Humaneyes Technologies Ltd
------------------------------
Motionize Inc
------------------------------
Telefire Fire & Gas Detectors
Ltd
------------------------------
Unitronics (1989) (RG) Ltd
------------------------------
Mr. Avisar was previously a director of TechInk, SA (renamed
Cshell 201 (PTY) Ltd), which entered into a members' voluntary
liquidation as part of this company being acquired by
Hewlett-Packard.
Enquiries
Amiad Water Systems Ltd.
Dori Ivzori, Chief Executive
Officer
Irit Ben-Dov, 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 Ltd.
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Harry Chathli, Claire Norbury +44 20 7618 9100
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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
industrial, municipal, irrigation, oil & gas and ballast water
markets. In these segments its patented 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
nine subsidiaries and a comprehensive network of over 170
distributors to customers in more than 80 countries.
For additional information or product details, please visit
www.amiad.com.
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Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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