Amiad Water Systems Ltd Update on Transfer of Listing (2050I)
August 10 2021 - 11:14AM
UK Regulatory
TIDMAFS
RNS Number : 2050I
Amiad Water Systems Ltd
10 August 2021
10 August 2021
Amiad Water Systems Ltd.
("Amiad" or the "Company")
Update on Transfer of Listing to TASE
Further to the Company's announcement of 29 July 2021, Amiad
(AIM: AFS), a leading global producer of water treatment and
filtration solutions, announces that the Board expects to publish a
prospectus (the "Prospectus") in relation to the admission of the
Ordinary Shares of the Company to trading on the Tel Aviv Stock
Exchange ("TASE") on 12 August 2021 and anticipates that trading in
the Company's Ordinary Shares on TASE will commence on 23 August
2021. The publication of the Prospectus remains subject to approval
from TASE and from the Israeli Securities Authority. The expected
date for the cancellation of admission of the Company's Ordinary
Shares to trading on AIM remains unchanged, being 26 August
2021.
The Prospectus will be published in Hebrew on TASE's online
system for corporate disclosures, MAYA, and the Company will notify
the market once available. The Prospectus will be published only
for the purpose of admitting the Company's Ordinary Shares to
trading on TASE and without any associated fundraising.
The Company will update the market in due course.
This announcement contains inside information for the purposes
of the Market Abuse Regulation (596/2014/EU) as it forms part of UK
domestic law by virtue of the European Union (Withdrawal) Act 2018.
The person responsible for arranging for the release of this
announcement on behalf of the Company is Dori Ivzori, Chief
Executive Officer.
Enquiries
Amiad Water Systems Ltd.
Dori Ivzori, Chief Executive
Officer
Relly Shimko, Chief Financial
Officer +972 4 690 9500
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Stifel Nicolaus Europe Ltd.
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Fred Walsh, Stewart Wallace +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
42.8% of the Company's outstanding issued share capital.
For additional information or product details, please visit
www.amiad.com .
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END
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