Internet Gold Announces Update in Transaction Documents (SPA) Received from Searchlight
June 17 2019 - 9:04AM
Internet Gold - Golden Lines Ltd. (the “Company” or “Internet
Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced
that further to the Company's announcements on June 13, 2019 and
June 12, 2019, the Company received an updated draft of the SPA,
which includes certain amendments relating to the pledge to be
provided to B Communications Ltd.'s debenture holders. The amended
provisions of the SPA were submitted to the U.S. Securities and
Exchange Commission on Form 6K as exhibits 99.2.
About Internet Gold
Internet Gold is a telecommunications-oriented
holding company whose principal asset is a 51.95% stake in B
Communications Ltd, the owner of 26.34% of outstanding shares of
Bezeq The Israel Telecommunication Corporation Limited, the leading
communications group in Israel.
www.igld.com
www.bcommunications.co.il www.ir.bezeq.co.il
Forward-Looking Statements
This press release contains forward-looking
statements that are subject to risks and uncertainties. Factors
that could cause actual results to differ materially from these
forward-looking statements include, but are not limited to, general
business conditions in the industry, changes in the regulatory and
legal compliance environments, the failure to manage growth and
other risks. These documents contain and identify other important
factors that could cause actual results to differ materially from
those contained in our projections or forward-looking statements.
Stockholders and other readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date on which they are made. We undertake no obligation to
update publicly or revise any forward-looking statement.
At this stage, there is no certainty regarding
the outcome of the discussions and contacts with Searchlight, the
Company’s debenture holders and B Communications.
For further information, please contact:
Yuval Snir - IR Manager Yuval@igld.com /
Tel: +972-3-924-0000
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