Amiad Water Systems Ltd Directorate Change (7153D)

TIDMAFS

RNS Number : 7153D

Amiad Water Systems Ltd

30 June 2021

30 June 2021

Amiad Water Systems Ltd.

("Amiad" or the "Company")

Directorate Change

Amiad (AIM: AFS), a leading global producer of water treatment and filtration solutions, announces that Mr Arie Schor, a statutory external director of the Company, has resigned from the Board of Directors with effect from 1 July 2021. This follows Mr Schor completing his three-year term as an external director in April 2021. Ms Ronit Fein has assumed the role of chair of the Audit Committee.

Yariv Avisar, Chairman of Amiad, said: "We would like to thank Arie for his service over the last three years. He has supported the Board and helped navigate the Company in a time of much global uncertainty during the COVID-19 period. We wish him all the best in his future endeavours."

Enquiries

 
 Amiad Water Systems Ltd. 
 Dori Ivzori, Chief Executive 
  Officer 
  Relly Shimko, Chief Financial 
  Officer                          [phone] 
                                  ----------------- 
 
 Stifel Nicolaus Europe Ltd. 
                                  ----------------- 
 Fred Walsh, Stewart Wallace       [phone] 
                                  ----------------- 
 
 Luther Pendragon 
                                  ----------------- 
 Harry Chathli, Claire Norbury     [phone] 
                                  ----------------- 
 

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 .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOAKZGFVDGRGMZM

(END) Dow Jones Newswires

June 30, 2021 10:59 ET (14:59 GMT)