TEL AVIV, Israel, December 17, 2015 /PRNewswire/ --
Elbit Imaging Ltd. ("EI" or the
"Company") (TASE, NASDAQ: EMITF)
announced today further to its announcement dated November 5, 2015, that Plaza Centers N.V.
("Plaza") (LSE:PLAZ) an indirect subsidiary of the
Company, has announced that at its Extraordinary General Meeting
(the "EGM") of Plaza's shareholders, held earlier today
(December 17, 2015), all the proposed
resolutions were passed.
In addition, the Company announced today, in furtherance to the
Company's announcement dated October 18,
2015, the external examination committee established by the
Company to examine claims raised by Mr. Shlomi Kelsi (the
"Committee") has submitted its recommendations to the Company.
The Committee has determined that there is no factual basis to a
considerable portion of the claims raised by Mr. Kelesi, and
recommended certain improvements to the Company's corporate
governance in specific areas.
The Company's board of directors adopted the Committee's
recommendations. The Company already implemented the majority of
the recommended improvements.
About Elbit Imaging Ltd.
Elbit Imaging Ltd. operates in the following principal fields of
business: (i) Commercial centers - initiation, construction, and
sale of commercial centers and other mixed-use property projects,
predominantly in the retail sector, located in Central and
Eastern Europe. In certain
circumstances and depending on market conditions, the Group
operates and manages commercial centers prior to their sale. (ii)
Hotels - hotels operation and management. (iii) Medical industries
and devices - (a) research and development, production and
marketing of magnetic resonance imaging guided focused ultrasound
treatment equipment, and (b) development of stem cell population
expansion technologies and stem cell therapy products for
transplantation and regenerative medicine. (iv) Residential
projects - initiation, construction and sale of residential units
or plots designated for residential located primarily in
India.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
Any forward-looking statements in our releases include
statements regarding the intent, belief or current expectations of
Elbit Imaging Ltd. and our management about our business, financial
condition, results of operations, and its relationship with its
employees and the condition of our properties. Words such as
"believe," "would,"
"expect," "intend,"
"estimate" and similar expressions are
intended to identify forward-looking statements but are not the
exclusive means of identifying such statements. Actual results may
differ materially from those projected, expressed or implied in the
forward-looking statements as a result of various factors
including, without limitation, the factors set forth
in our filings with the Securities and Exchange Commission
including, without limitation, Item 3.D of our annual report on
Form 20-F for the fiscal year ended December
31, 2014, under the caption
"Risk Factors." Any forward-looking
statements contained in our releases speak only as of the date of
such release, and we caution existing and prospective investors not
to place undue reliance on such statements. Such forward-looking
statements do not purport to be predictions of future events or
circumstances, and therefore, there can be no assurance that any
forward-looking statement contained our releases will prove to be
accurate. We undertake no obligation to update or revise any
forward-looking statements.
For Further Information:
Company Contact
Ron Hadassi
Chairman of the Board of Directors
Tel: +972-3-608-6048
Fax: +972-3-608-6050
ron@elbitimaging.com
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SOURCE Elbit Imaging Ltd.