Register to get unlimited Level 2

Company Announcements

B.S.D. CROWN LTD - Parent company announcement

Related Companies

PR Newswire

                           B.S.D Crown Ltd (LSE:BSD)

                           ("BSD" or "the Company")

                          Parent company announcement

Tel Aviv, Israel, 25 February 2015

The Company refers to its announcements of 22 August, 2013 and of 3 and 11
February, 2014 and to an announcement made earlier today in Israel by BGI
Investments (1961) Ltd. ("BGI") (which beneficially owns Company shares
representing approximately 25% of the total issued and outstanding share
capital of the Company (excluding dormant shares) and controls in aggregate,
directly and through proxies, approximately 44% of the voting rights in the
Company). Capitalised terms used but not defined herein shall have the meanings
given to them in the Company's announcement of 3 February, 2015.

The Company has been informed that the Transaction not been completed.

The Company has also been informed that alternative financing is being put in
place by Israel 18, which would allow for the exercise of the Call Options.
Further details will be released to the market once available.

Further information about the Company

For more information about the Company, visit www.bsd-c.com.

Enquiries:

Eyal Merdler, CFO: eyal.merdler@bsd-c.com

Top of Page