TIDMAFS

RNS Number : 8595K

Amiad Water Systems Ltd

02 September 2019

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.

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 rns@lseg.com or visit www.rns.com.

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