B.S.D. CROWN LTD - A Motion against Tender offer for shares in the Company
November 17 2016 - 2:14AM
PR Newswire (US)
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
Copyright r 17 PR Newswire
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