Meitav Investment House Announces Immediate Report on the Results of a Full Share Exchange Tender Offer for the Shares of Peninsula Group Ltd
Further to the shelf offering report which also constitutes a specification of a full tender offer by way of a share exchange tender offer, pursuant to Section 366 of the Companies Law, 5759–1999 (the "Tender Offer"), as published by the Company on
In accordance with the provisions of the specification, the Company will acquire approximately 17.7 million Peninsula shares, representing approximately 7.96% of Peninsula's issued and outstanding share capital, in consideration for approximately 461 thousand shares of the Company (to be allotted from the Company's dormant shares), representing approximately 0.55% of the Company's issued and outstanding share capital.
Following the results of the Tender Offer, the Company will hold approximately 87.83% of Peninsula's issued and outstanding share capital.
About
For more information, please visit: https://www.meitav.co.il/en/investor_relations
Company Contact:
einat.rom@meitav.co.il
Investor Relations Contact:
msegal@ms-ir.com
Logo - https://mma.prnewswire.com/media/2927271/5838848/Meitav_Investment_House_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/meitav-investment-house-announces-immediate-report-on-the-results-of-a-full-share-exchange-tender-offer-for-the-shares-of-peninsula-group-ltd-302759438.html
SOURCE