TIDMAFS

RNS Number : 8088X

Amiad Water Systems Ltd

06 May 2021

6 May 2021

Amiad Water Systems Ltd.

("Amiad" or the "Company")

Result of EGM and Directorate Change

Amiad (AIM: AFS), a leading global producer of water treatment and filtration solutions, announces that at the Extraordinary General Meeting ("EGM") of the Company held earlier today, all resolutions were duly passed. These included the appointment as Non-executive Directors of the Company of Ms Ronit Fein and Ms Avital Refaely, both with effect from the conclusion of the EGM.

Details of the proxy voting results, which should be read alongside the Notice of EGM, are below:

 
 Resolution         Votes for*             Votes against      Votes withheld   Total proxy 
                                                                                  votes 
                No. of     % of votes   No. of   % of votes       No. of 
                 votes        cast       votes      cast           votes 
             -----------  -----------  -------  -----------  ---------------  ------------ 
     1        25,238,323     99.99      1,262       0.01            0          25,239,585 
             -----------  -----------  -------  -----------  ---------------  ------------ 
     2        25,238,323     99.99      1,262       0.01            0          25,239,585 
             -----------  -----------  -------  -----------  ---------------  ------------ 
     3        25,238,323     99.99      1,262       0.01            0          25,239,585 
             -----------  -----------  -------  -----------  ---------------  ------------

In accordance with Israeli law, in addition to a regulator majority of votes, a majority of votes of shareholders not defined as a 'controlling shareholder' or as having a 'personal interest' is also required for these resolutions to pass. The resolutions all passed on this basis.

* Includes discretionary votes.

Details of the new Non-executive Directors were included in the Company's announcement dated 26 March 2021, and the Company can confirm that no further details are required to be disclosed.

Enquiries

 
 Amiad Water Systems Ltd. 
 Dori Ivzori, Chief Executive 
  Officer 
  Relly Shimko, Chief Financial 
  Officer                          +972 4 690 9500 
                                  ----------------- 
 
 Stifel Nicolaus Europe Ltd. 
                                  ----------------- 
 Fred Walsh, Stewart Wallace       +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 39.5% of the Company's outstanding issued share capital.

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

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May 06, 2021 06:54 ET (10:54 GMT)

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