Amiad Water Systems Ltd Options exercise, issue of equity and TVR (2752D)
October 27 2020 - 3:00AM
UK Regulatory
TIDMAFS
RNS Number : 2752D
Amiad Water Systems Ltd
27 October 2020
27 October 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 15,540
ordinary shares of NIS 0.5 each in the Company ("Ordinary Shares")
following the exercise of options by a former employee under the
Company's Employee 2012 Share Option Plan..
Application has been made to the London Stock Exchange for
15,540 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 GMT on 29 October
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 30,371,596 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
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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 .
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END
IOEUBARRRWURURA
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