B.S.D. Crown Ltd A Motion against Tender offer for shares in the Company
November 17 2016 - 2:14AM
UK Regulatory
TIDMBSD
BSD Crown Ltd. (LSE: BSD)
(the "Company")
A Motion against Tender offer for shares in the Company
Ramat Gan, Israel, 17 November 2016
Further to the announcement dated 13 November 2016, motion and a request to
temporary relieves (the "Motion") filed against Joseph and Zvi Willigers and
controlled companies (the "Williger Brothers") the company wished to announce
that after the Motion was filed, Joseph Williger published an amendment to the
tender offer and reduced the maximum aggregate amount he offers to purchase as
stated in the announcement dated 16 November 2016 issued by the Company.
Therefore, due to the fact that even if the tender offer is fully accepted, the
Williger Brothers will not hold more than 45%, BGI and the Company filed a
request to delete the Motion and charge the Williger Brothers with expenses.
Enquiries:
Gregory Gurtovoy, chairman of the board: office@bsd-c.com
END
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November 17, 2016 03:14 ET (08:14 GMT)
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