TIDMAFS

RNS Number : 8594S

Amiad Water Systems Ltd

13 July 2020

13 July 2020

Amiad Water Systems Ltd.

("Amiad" or the "Company")

PDMR Shareholding

Amiad (AIM: AFS), a leading global producer of water treatment and filtration solutions, announces that, on 13 July 2020, Issey Ende, VP Marketing, Business Development & Technologies, Industry and a person discharging managerial responsibilities (PDMR) of the Company, sold 2,705 ordinary shares of NIS 0.5 each in the Company ("Ordinary Shares") at a price of 230 pence per Ordinary Share.

Following this transaction, Mr. Ende has no interest in the Company's issued share capital.

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 
                                    ----------------- 
 Harry Chathli, Claire Norbury       +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 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.

FIMI Opportunity Funds, the leading private equity investor in Israel, is a controlling shareholder of Amiad, with an interest in 39.6% of the Company's outstanding issued share capital.

For additional information or product details, please visit www.amiad.com .

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Name                                  Issey Ende 
      ------------------------------------  ----------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status                       PDMR 
      ------------------------------------  ----------------------------------- 
 b)    Initial notification                  Initial notification 
        /Amendment 
      ------------------------------------  ----------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                                  Amiad Water Systems Ltd. 
      ------------------------------------  ----------------------------------- 
 b)    LEI                                   213800P6ORZZT3X4TY55 
      ------------------------------------  ----------------------------------- 
 4     Details of the transaction(s): section to be repeated for (i) 
        each type of instrument; (ii) each type of transaction; (iii) 
        each date; and (iv) each place where transactions have been conducted 
      ------------------------------------------------------------------------- 
 a)    Description of                        Ordinary Shares - NIS 0.5 
        the financial instrument,             AFS - IL0010943905 
        type of instrument 
        Identification 
        code 
      ------------------------------------  ----------------------------------- 
 b)    Nature of the transaction             Sale of Ordinary Shares 
      ------------------------------------  ----------------------------------- 
 c)    Price(s) and volume(s)                 Price(s)     Volume(s) 
                                               230 pence    2,705 
                                                           ---------- 
      ------------------------------------  ----------------------------------- 
 d)    Aggregated information                - 
      ------------------------------------  ----------------------------------- 
 e)    Date of the transaction               13 July 2020 
      ------------------------------------  ----------------------------------- 
 f)    Place of the transaction              London Stock Exchange, AIM 
      ------------------------------------  -----------------------------------

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.

END

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July 13, 2020 10:44 ET (14:44 GMT)

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