Partner Communications Reports the Appointment of a Permanent Receiver of the Company's Shares Of S.B. Israel Telecom
November 13 2019 - 12:03PM
Business Wire
Partner Communications Company Ltd. ("Partner" or the
"Company") (NASDAQ and TASE: PTNR), a leading Israeli
communications operator, informs its shareholders that S.B. Israel
Telecom Ltd. filed on November 12, 2019, a public document with the
US Securities and Exchange Commission stating, among other
things:
"On November 12, 2019, the
District Court of Tel Aviv appointed advocate Ehud Sol as receiver
and issued an order which order vests with the appointed receiver
all rights related to the Pledged Shares, including the right to
participate in the Issuer’s shareholders’ meetings, the right to
vote the Pledged Shares, the right to receive dividends, and any
contractual right related to the Pledged Shares (the “Receiver
Appointment”). As a result of the Receiver Appointment, as of
November 12, 2019, the Reporting Persons (S.B. Israel Telecom Ltd.
and affiliates) ceased to beneficially own any Ordinary Shares of
the Issuer."
For the complete text of the
filing, the following link may be used:
https://www.sec.gov/Archives/edgar/data/1096691/000119312519290010/d833059dsc13da.htm.
The Company is reviewing and
assessing the potential implications of the Court's decision and
the report for the Company.
About Partner Communications
Partner Communications Company
Ltd. ("Partner") is a leading Israeli provider of
telecommunications services (cellular, fixed-line telephony,
internet and television services). Partner’s ADSs are quoted on the
NASDAQ Global Select Market™ and its shares are traded on the Tel
Aviv Stock Exchange (NASDAQ and TASE: PTNR).
For more information about
Partner see: http://www.partner.co.il/en/Investors-Relations/lobby/
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191113005674/en/
Mr. Tamir Amar Chief
Financial Officer Tel:
+972-54-781-4951
Ms. Liat Glazer Shaft Head of Investor Relations & Corporate
Projects Tel:
+972-54-781-5051 Email:
investors@partner.co.il
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