SimiGon Limited Issue of Equity (9918K)
September 27 2016 - 11:24AM
UK Regulatory
TIDMSIM
RNS Number : 9918K
SimiGon Limited
27 September 2016
27 September 2016
SimiGon Ltd
("SimiGon" or the "Company")
Exercise of Options and Issue of Equity
Further to the approval granted at the Annual General Meeting on
30 December 2015 in relation to the 2014 annual share based bonus
to Non-executive directors and further to the exercise of options
by Mr. Ami Vizer (Chief Executive Officer of the Company),
application has been made for 401,035 new ordinary shares of 0.01
NIS each in the Company ("Ordinary Shares") to be admitted to
trading on AIM ("Admission").
The application includes: (i) the allotment of 25,000 Ordinary
Shares to each of the outgoing external directors, Dr. Vered Shany
and Mr. Nevat Simon; (ii) the allotment of 25,000 Ordinary Shares
to Mr. Eitan Cohen (Non-executive director); (iii) the allotment of
25,000 Ordinary Shares to Mr. Alistair Rae (Non-executive
Chairman); and (iv) the allotment of 301,035 Ordinary Shares
following the exercise of options by Mr. Ami Vizer (Chief Executive
Officer of the Company).
Pursuant to the issue of the new Ordinary Shares: (i) Mr. Ami
Vizer has a beneficial interest in 11,365,489 Ordinary Shares,
representing 22.11 per cent. of the total issued share capital of
the Company; (ii) Mr. Eitan Cohen has a beneficial interest in
97,000 Ordinary Shares, representing 0.18 per cent. of the total
issued share capital of the Company; and (iii) Mr Alistair Rae has
a beneficial interest in 227,249 Ordinary Shares, representing 0.44
per cent. of the total issued share capital of the Company.
The new Ordinary Shares will rank pari passu with the Company's
existing Ordinary Shares and Admission is expected to become
effective on 3 October 2016. Following this issue of new Ordinary
Shares, the Company has 51,394,189 Ordinary Shares in issue and
holds none in treasury. Accordingly, the total number of voting
rights in the Company is 51,394,189 and this figure may be used by
shareholders 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.
Enquiries:
SimiGon Ltd Tel: +1 (407)
Ami Vizer, Chief Executive 951 5548
Officer
Efi Manea, Chief Financial
Officer
www.simigon.com
finnCap (NOMAD & Broker) Tel: +44 (0) 20
Stuart Andrews / Scott Mathieson 7220 0500
(corporate finance)
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014.
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 Amos Vizer
--- ------------------------------- -----------------------------------
2. Reason for the Notification
--- --------------------------------------------------------------------
a) Position/status Director and Chief Executive
Officer
--- ------------------------------- -----------------------------------
b) Initial notification/Amendment Initial notification
--- ------------------------------- -----------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform,
auctioneer or auction monitor
--- --------------------------------------------------------------------
a) Name SimiGon Ltd
--- ------------------------------- -----------------------------------
b) LEI n/a
--- ------------------------------- -----------------------------------
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 Issuance of Ordinary Shares
the Financial
instrument, type
of instrument
---
Identification IL0010991185
code
--- ------------------------------- -----------------------------------
b) Nature of the Exercise of Options
transaction
--- ------------------------------- -----------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ----------- -----------------
20.5 penny 301,035 Ordinary
Shares of
0.01 NIS each
----------- -----------------
--- ------------------------------- -----------------------------------
d) Aggregated information:
* Aggregated volume 301,035 Ordinary Shares of
0.01 NIS each issued at a
price of 20.5 penny per ordinary
* Price share
--- ------------------------------- -----------------------------------
e) Date of the transaction 26 September 2016
--- ------------------------------- -----------------------------------
f) Place of the AIM Market
transaction
--- ------------------------------- -----------------------------------
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
5. Details of the person discharging managerial
responsibilities / person closely associated
--- --------------------------------------------------------------------
a) Name Alistair Rae
--- ------------------------------- -----------------------------------
6. Reason for the Notification
--- --------------------------------------------------------------------
a) Position/status Non-Executive Chairman of
the Board of Directors
--- ------------------------------- -----------------------------------
b) Initial notification/Amendment Initial notification
--- ------------------------------- -----------------------------------
7. Details of the issuer, emission allowance
market participant, auction platform,
auctioneer or auction monitor
--- --------------------------------------------------------------------
a) Name SimiGon Ltd
--- ------------------------------- -----------------------------------
b) LEI n/a
--- ------------------------------- -----------------------------------
8. 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 Issuance of Ordinary in lieu
the Financial of bonus
instrument, type
of instrument
---
Identification IL0010991185
code
--- ------------------------------- -----------------------------------
b) Nature of the Share Issuance in lieu of
transaction bonus
--- ------------------------------- -----------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ----------- ----------------
20.5 penny 25,000 Ordinary
Shares of
0.01 NIS each
----------- ----------------
--- ------------------------------- -----------------------------------
d) Aggregated information:
* Aggregated volume 25,000 Ordinary Shares of
0.01 NIS each issued at a
price of 20.5 penny per ordinary
* Price share
--- ------------------------------- -----------------------------------
e) Date of the transaction 26 September 2016
--- ------------------------------- -----------------------------------
f) Place of the AIM Market
transaction
--- ------------------------------- -----------------------------------
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
9. Details of the person discharging managerial
responsibilities / person closely associated
---- --------------------------------------------------------------------
a) Name Eitan Cohen
---- ------------------------------- -----------------------------------
10. Reason for the Notification
---- --------------------------------------------------------------------
a) Position/status Non-Executive Directors
---- ------------------------------- -----------------------------------
b) Initial notification/Amendment Initial notification
---- ------------------------------- -----------------------------------
11. Details of the issuer, emission allowance
market participant, auction platform,
auctioneer or auction monitor
---- --------------------------------------------------------------------
a) Name SimiGon Ltd
---- ------------------------------- -----------------------------------
b) LEI n/a
---- ------------------------------- -----------------------------------
12. 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 Issuance of Ordinary in lieu
the Financial of bonus
instrument, type
of instrument
----
Identification IL0010991185
code
---- ------------------------------- -----------------------------------
b) Nature of the Share Issuance in lieu of
transaction bonus
---- ------------------------------- -----------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ----------- ----------------
20.5 penny 25,000 Ordinary
Shares of
0.01 NIS each
----------- ----------------
---- ------------------------------- -----------------------------------
d) Aggregated information:
* Aggregated volume 25,000 Ordinary Shares of
0.01 NIS each issued at a
price of 20.5 penny per ordinary
* Price share
---- ------------------------------- -----------------------------------
e) Date of the transaction 26 September 2016
---- ------------------------------- -----------------------------------
f) Place of the AIM Market
transaction
---- ------------------------------- -----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOELRMATMBTTBJF
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