YAVNE, Israel, September 21 /PRNewswire-FirstCall/ -- G. Willi-Food International Ltd. (NASDAQ: WILC; the "Company" or "Willi-Food"), one of Israel's largest food importers and a single-source supplier of one of the world's most extensive range of quality kosher food products, today announced that it has entered into agreements with institutional investors for the private placement of approximately 1,653,000 ordinary shares of G. Willi-Food International Ltd. at a price of $6.05 per share for gross proceeds of approximately $10.0 million, before payment of placement agent commissions and other offering expenses. The financing is expected to close during the next ten to 15 days. As part of the transaction, investors will receive warrants to purchase approximately 496,000 additional shares at an exercise price of $8.00 per share. The warrants will remain exercisable for a period of three years from the closing of the financing. The warrants will be subject to call at the option of the Company, if among other things, following one year from the closing the registration statement is effective and the volume weighted average trading price of the Company's common stock is $16.00 or higher for 20 consecutive trading days. Because the agreement requires certain obligations be met before closing, there can be no assurances that the transactions contemplated by the Securities Purchase Agreement and described herein will close on the terms described herein, if at all. The securities to be issued by G. Willi-Food International Ltd. in the private placement have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States, absent registration under the Securities Act and applicable state securities laws or an applicable exemption from those registration requirements. G. Willi-Food International Ltd. has agreed to file a registration statement with the Securities and Exchange Commission to register the resale of the shares of common stock issued in the private placement, as well as the shares of common stock issuable upon the exercise of the warrants issued in the private placement. This notice is issued pursuant to Rule 135c under the Securities Act and shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale, would be unlawful prior to the registration or qualification under the securities laws of any such state. About G. Willi-Food International, Ltd. G. Willi-Food International Ltd. is one of Israel's largest food importers and a single-source supplier of one of the world's most extensive ranges of quality kosher food products. It currently imports, markets and distributes more than 400 food products manufactured by some 100 top-tier suppliers throughout the world to more than 1,000 customers. The Company excels in identifying changing tastes in its markets and sourcing high-quality kosher products to address them. For more information, please visit the Company's website at http://www.willi-food.co.il/. Except for historical information contained herein, the matters set forth in this press release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, competition, changing economic conditions and other risk factors detailed in the Company's SEC filings. Contact: G. Willi Food International Ltd. Gil Hochboim, CFO +972-8-932-2233 IR contact: The Global Consulting Group Christopher Chu +1-646-284-9426 DATASOURCE: G Willi Food International Ltd CONTACT: G. Willi Food International Ltd. Gil Hochboim, CFO, +972-8-932-2233, ; IR contact: The Global Consulting Group, Christopher Chu, +1-646-284-9426,

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