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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Gold Frost | LSE:GLF | London | Ordinary Share | IL0010952989 | 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% | 6.10 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Gold Frost Limited ("Gold Frost" or the "Company") GOLD FROST ENHANCES CORPORATE MANAGEMENT TEAM TO SUPPORT CONTINUED GROWTH AND INTERNATIONAL EXPANSION Gil Hochboim Returns as Vice President Yaron Levy to join as Finance Director Gold Frost (LSE:GLF.L), the designer, developer and distributor of kosher chilled, frozen and dairy food products, today announced that it has enhanced its corporate management team in order to support the Company's increasing global reach and further anticipated growth. Zwi Williger commented: "We are taking appropriate measures to ensure that our corporate infrastructure is sufficient to support our rapid growth and international expansion. We intend to pursue acquisitions, as well as increase our penetration into the U.S. and Europe markets, which will add new elements of complexity to the business and require additional management expertise." Gil Dekel Hochboim, 37, returns to the Company as Vice President, with responsibility for mergers and acquisitions and general operations. Mr. Hochboim served as a Finance Director of the Company between April 2001 and October 2006. Between March 1998 and August 2000, he served as deputy manager of Ha'menia Goods Transport Corp. Ltd. and between April 1995 and February 1998, Mr. Hochboim served as Deputy Comptroller of Dan Hotels Corp. Ltd. Mr. Hochboim is a certified public accountant (Israel). He received his BA in Accounting and Business Management from the College of Management, Tel-Aviv, Israel. Mr. Hochboim is also vice president of G. Willi-Food International, Ltd. Yaron Levy, 34, will join the Company as Finance Director, effective 1 August 2007, replacing Chen Shlein. Mr. Levy will also provide the Company's principal shareholder, G. Willi Food International Ltd. with certain financial services. Between April 1999 and July 2007, Mr. Levy served as a senior manager at Ernst & Young, Israel, where he participated in the initial public offerings of various companies traded on the Tel Aviv Stock Exchange and gained experience in the analysis of internal controls in accordance with Sarbanes-Oxley. Mr. Levy is a certified public accountant (Israel). He received his BA in Accounting and Business Management from the College of Management, Tel-Aviv, Israel. Shiri Livni, 32, who has been with the Company since November 2005, was appointed Controller. Between July 2003 and October 2005, Mrs. Livni served as a senior accountant in the audit department of Ernst & Young Israel. Between January 2000 and May 2003, she served as a member of an audit team at KPMG Israel. Mrs. Livni is a certified public accountant (Israel). She received her BA in Accounting and Economy from Tel Aviv University, Tel Aviv, Israel. Chen Shlein will leave his position as Finance Director with immediate effect. Gil Hochboim will serve as interim Finance Director until Yaron Levy joins the Company in August 2007. The contents of this announcement include the full disclosures required under Schedule 2, Para (g) of the AIM Rules. Enquiries: Gold Frost Ltd Zwi Williger, Chief Executive Officer +972 544 324924 Blue Oar Securities Plc Rhod Cruwys / Jerry Keen +44 207 448 4400 Notes to Editors: Gold Frost is a designer, developer and distributor of branded kosher dairy food products with 20 varieties of products currently on sale in Israel. The Company possesses proven R&D capability for "koshering" chilled, frozen, diary and other products, a number of which have a health advantage by virtue of being low in fat and cholesterol. END
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