NETANYA, Israel, December 7, 2016 /PRNewswire/ --
Cellcom Israel Ltd. (NYSE: CEL) announced today that an
Extraordinary General Meeting of Shareholders (the "Meeting") of
Cellcom Israel Ltd. (the "Company") will be held on Wednesday, January 18, 2017, at 4:00 p.m. (Israel time), at the offices of the Company,
10 Hagavish Street, Netanya, Israel. The record date for the Meeting is
Monday, December 19, 2016.
The agenda of the Meeting is as follows:
(1) approval of the Company's Compensation
Policy.
Quorum
Two or more shareholders holding in the aggregate at least
one-third of the outstanding voting power in the Company, present
in person or by proxy and entitled to vote, will constitute a
quorum at the Meeting.
Voting Requirements
Item1 requires the affirmative vote of the holders of a majority
of the voting power in the Company present, in person or by proxy,
and voting on the matter, provided that either (i) at least a
majority of the shares of non-controlling shareholders and
shareholders who do not have a personal interest in the matter
voted at the meeting vote in favor of the approval of the Company's
Compensation Policy; or (ii) the total number of shares among the
shareholders described in section (i) above voted against the
approval of the Company's Compensation Policy does not exceed 2% of
the aggregate voting rights in the Company.
Proxy statements and proxy cards for use by shareholders that
cannot attend the meeting in person will be sent by mail, on or
about December 21, 2016, to the
Company's shareholders that hold shares registered with the
American Stock Transfer & Trust Company, including shares held
via Depository Trust Company (DTC) members other than the Tel Aviv
Stock Exchange Clearinghouse. Shareholders that hold shares via the
Tel Aviv Stock Exchange Clearinghouse may access the proxy
statement and a form of Hebrew ballot via the following websites:
http://www.magna.isa.gov.il and http://maya.tase.co.il.
About Cellcom Israel
Cellcom Israel Ltd., established in 1994, is the largest Israeli
cellular provider; Cellcom Israel provides its approximately 2.822
million cellular subscribers (as at September 30, 2016) with a broad range of value
added services including cellular telephony, roaming services for
tourists in Israel and for its
subscribers abroad and additional services in the areas of music,
video, mobile office etc., based on Cellcom Israel's
technologically advanced infrastructure. The Company operates an
LTE 4 generation network and an HSPA 3.5 Generation network
enabling advanced high speed broadband multimedia services, in
addition to GSM/GPRS/EDGE networks. Cellcom Israel offers
Israel's broadest and largest
customer service infrastructure including telephone customer
service centers, retail stores, and service and sale centers,
distributed nationwide. Through its broad customer service network
Cellcom Israel offers technical support, account information,
direct to the door parcel delivery services, internet and fax
services, dedicated centers for hearing impaired, etc. Cellcom
Israel further provides OTT TV services (as of December 2014), internet infrastructure (as of
February 2015) and connectivity
services and international calling services, as well as landline
telephone communication services in Israel, in addition to data communication
services. Cellcom Israel's shares are traded both on the New York
Stock Exchange (CEL) and the Tel Aviv Stock Exchange (CEL). For
additional information please visit the Company's
website http://investors.cellcom.co.il/
Company Contact
Shlomi Fruhling
Chief Financial Officer
investors@cellcom.co.il
Tel: +972-52-998-9755
Investor Relations Contact
Ehud Helft
GK Investor & Public Relations In partnership with
LHA
cellcom@GKIR.com
Tel: +1-617-418-3096
SOURCE Cellcom Israel Ltd.