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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Pilat Tech. | LSE:PIA | London | Ordinary Share | IL0010819832 | ORD ILS0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
PILAT TECHNOLOGIES INTERNATIONAL LTD HOLDINGS IN COMPANY Pilat Technologies International Ltd ("PTI" or the "Company") was notified on 25 November 2007 that the conditional sale of shares, which now totals 6,105,685 shares, (the "Shares") by certain shareholders, as announced on 17 September 2007 received the approval of the Israeli anti-trust authorities on 7 November 2007 and will complete today. The selling shareholders are as follows: Selling Shares sold % of issued share Shares to be shareholder capital retained Avraham Engel 1,964,985 7.4 - Rony Erlichman 1,706,602 6.4 200,000 Avigdor Rimmer 1,344,968 5.1 - Beni Moneta 1,089,130 4.1 - Total 6,105,685 23.0 200,000 The purchasers of the Shares (the "New Shareholders") are as follows: New shareholder Shares purchased % of share capital Nimrod Betzer 58,824 0.2 Autumn 209 Holding & 2,205,882 8.3 Sharing Ltd SH Sky Investment (ADM) 3,840,979 14.5 L.P. Total 6,105,685 23.0 PTI has been informed that the New Shareholders have entered into a shareholders' agreement pursuant to which Sky Private Equity Fund, the General Partner of SH Sky Investment (ADM) L.P., has control over the voting rights of all of the Shares and therefore controls 23 per cent. of the issued share capital of the Company. Pilat Technologies International Ltd 00 972 3 767 9200 Chaim Helfgott, Corporate Secretary Hanson Westhouse Limited 0113 246 2610 Tim Feather Matthew Johnson END
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