TEL AVIV, Israel, April 2, 2015 /PRNewswire/ --
Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ:
EMITF) announced today the appointment of its Chief Financial
Officer (CFO), Mr. Doron Moshe, as
the Company's Acting CEO. Mr. Moshe will replace Mr. Ron Hadassi, who will continue to serve as the
Company's Chairman of the Board.
Mr. Moshe serves as the Company's CFO since 2010 and will
continue to serve as the Company's CFO in addition and in parallel
to his role as Acting CEO.
This appointment is effective as of April
1, 2015.
About Elbit Imaging Ltd.
Elbit Imaging Ltd. operates in the following principal fields of
business: (i) Commercial Centers - Initiation, construction and
sale of commercial centers and other mixed-use real property
projects, predominantly in the retail sector, located in Central
and Eastern Europe and in
India, primarily through Plaza
Centers N.V. ("PC"), of which we own approximately 44.9% of its
share capital. In certain circumstances and depending on market
conditions, we operate and manage commercial and entertainment
centers prior to their sale; (ii) Hotels - Hotel operation and
management primarily in major European cities; (iii) Medical
Industries - through our investee entities we are dealing with (a)
research and development, production and marketing of magnetic
resonance imaging guided focused ultrasound treatment equipment and
(b) development of stem cell population expansion technologies and
stem cell therapy products for transplantation and regenerative
medicine; and (vi) Residential Projects - Initiation, construction
and sale of residential units or plots designated for residential,
located primarily in India.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
Any forward-looking statements in our releases include
statements regarding the intent, belief or current expectations of
Elbit Imaging Ltd. and our management about our business, financial
condition, results of operations, and its relationship with its
employees and the condition of our properties. Words such as
"believe," "would," "expect," "intend," "estimate" and similar
expressions are intended to identify forward-looking statements but
are not the exclusive means of identifying such statements. Actual
results may differ materially from those projected, expressed or
implied in the forward-looking statements as a result of various
factors including, without limitation, the factors set forth in our
filings with the Securities and Exchange Commission including,
without limitation, Item 3.D of our annual report on Form 20-F for
the fiscal year ended December 31,
2013, under the caption "Risk Factors." Any forward-looking
statements contained in our releases speak only as of the date of
such release, and we caution existing and prospective investors not
to place undue reliance on such statements. Such forward-looking
statements do not purport to be predictions of future events or
circumstances, and therefore, there can be no assurance that any
forward-looking statement contained our releases will prove to be
accurate. We undertake no obligation to update or revise any
forward-looking statements.
For Further Information:
Ron Hadassi
Executive Chairman
Tel: +972-3-608-6048
ron@elbitimaging.com
SOURCE Elbit Imaging Ltd.