Amiad Water Systems Ltd Exercise of Options, Issue of Equity and TVR (4575P)
June 10 2020 - 2:00AM
UK Regulatory
TIDMAFS
RNS Number : 4575P
Amiad Water Systems Ltd
10 June 2020
10 June 2020
Amiad Water Systems Ltd.
("Amiad" or the "Company")
Exercise of Options, Issue of Equity and Total Voting Rights
Amiad (AIM: AFS), a leading global producer of water treatment
and filtration solutions, announces that it has allotted 1,182 new
ordinary shares of NIS 0.5 each in the Company ("New Ordinary
Shares") following the exercise of 1,182 options by a non-PDMR
employee under the Company's Employee 2012 Share Option Plan.
Application has been made to the London Stock Exchange for 1,182
New Ordinary Shares to be admitted to trading on AIM ("Admission")
and it is expected that Admission will become effective and trading
will commence at 8.00am BST on 11 June 2020. The New Ordinary
Shares will rank pari passu with the Company's existing issued
ordinary shares.
Following Admission of the New Ordinary Shares, the total number
of ordinary shares in issue will be 30,352,099 each with one vote.
This figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the share capital of the Company under the Financial
Conduct Authority's Disclosure and Transparency Rules. There are no
shares held in treasury.
Enquiries
Amiad Water Systems Ltd.
Dori Ivzori, Chief Executive
Officer
Avishay Afriat, Chief Financial
Officer +972 4 690 9500
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Stifel Nicolaus Europe Ltd.
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Stewart Wallace, Ben Maddison +44 20 7710 7600
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Luther Pendragon
-----------------
Harry Chathli, Claire Norbury +44 20 7618 9100
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About Amiad
Amiad Water Systems (AIM: AFS) is a leading global producer of
automatic, self-cleaning water treatment and filtration products
and systems. Through its engineering skills and ability to
innovate, Amiad provides cost-effective "green" solutions for
irrigation and industrial purposes. In these markets, its unique
and high-quality products are being integrated into the core of
systems for filtration and water treatment, micro irrigation and
membrane protection, wastewater and potable water treatment,
cooling systems and sea water filtration. Headquartered in Israel,
Amiad provides these solutions through ten subsidiaries and a
comprehensive network of distributors to customers in more than 80
countries.
FIMI Opportunity Funds, the leading private equity investor in
Israel, is a controlling shareholder of Amiad, with an interest in
39.6% of the Company's outstanding issued share capital.
For additional information or product details, please visit
www.amiad.com .
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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