Amiad Water Systems Ltd PDMR Shareholding, Issue of Equity and TVR (8658U)
April 08 2021 - 8:38AM
UK Regulatory
TIDMAFS
RNS Number : 8658U
Amiad Water Systems Ltd
08 April 2021
8 April 2021
Amiad Water Systems Ltd.
("Amiad" or the "Company")
PDMR Shareholding, 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 16,463
ordinary shares of NIS 0.5 each in the Company ("Ordinary Shares")
following the exercise of options by Noam Shlasky, Chief Operating
Officer, VP Operations, and a person discharging managerial
responsibilities (PDMR) of the Company.
Following the options exercise, Mr. Shlasky has an interest in
16,463 Ordinary Shares representing 0.05% of the Company's enlarged
issued share capital.
Application has been made to the London Stock Exchange for
16,463 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 12 April 2021.
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 30,414,820 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 Guidance and Transparency Rules.
There are no shares held in treasury.
Enquiries
Amiad Water Systems Ltd.
Dori Ivzori, Chief Executive
Officer
Relly Shimko, Chief Financial
Officer +972 4 690 9500
-----------------
Stifel Nicolaus Europe Ltd.
-----------------
Fred Walsh, Stewart Wallace +44 20 7710 7600
-----------------
Luther Pendragon
-----------------
Harry Chathli, Claire Norbury +44 20 7618 9100
-----------------
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
39.5% of the Company's outstanding issued share capital.
For additional information or product details, please visit
www.amiad.com .
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Noam Shlasky
------------------------------- ------------------------------
2 Reason for the notification
---------------------------------------------------------------
a) Position/status PDMR
------------------------------- ------------------------------
b) Initial notification Initial notification
/Amendment
------------------------------- ------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------
a) Name Amiad Water Systems Ltd.
------------------------------- ------------------------------
b) LEI 213800P6ORZZT3X4TY55
------------------------------- ------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have
been conducted
---------------------------------------------------------------
a) Description of the Ordinary Shares - NIS 0.5
financial instrument, AFS - IL0010943905
type of instrument
Identification code
------------------------------- ------------------------------
b) Nature of the transaction Exercise of share options
------------------------------- ------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
N/A 16,463
---------
------------------------------- ------------------------------
d) Aggregated information N/A
------------------------------- ------------------------------
e) Date of the transaction 6 April 2021
------------------------------- ------------------------------
f) Place of the transaction Outside a trading venue
------------------------------- ------------------------------
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