Amiad Water Systems Ltd Director/PDMR Shareholding (8676M)
October 18 2016 - 10:21AM
UK Regulatory
TIDMAFS
RNS Number : 8676M
Amiad Water Systems Ltd
18 October 2016
18 October 2016
Amiad Water Systems Ltd.
("Amiad" or the "Company")
Director share purchase
Amiad (AIM: AFS), a leading global producer of water treatment
and filtration solutions, announces that it has received
notification, today, that on 14 October 2016, Mr. Amos Shalev, a
non-executive director of the Company, acquired 7,500 ordinary
shares of 0.5 NIS each in the Company ("Ordinary Shares") at a
price of 142 pence per Ordinary Share.
Following the transaction, Mr. Shalev has an interest in 10,750
Ordinary Shares, representing approximately 0.05% of the Company's
issued ordinary share capital. Mr. Shalev is also the Chairman of
the Board of Bermad Industries A.C.S. Ltd., which currently holds
2,038,443 Ordinary Shares representing 8.99% of the issued share
capital of the Company.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
1 Details of the person discharging managerial
responsibilities / person closely associated
---- ---------------------------------------------------------
a) Name Mr. Amos Shalev
---- -------------------------- -----------------------------
2 Reason for the notification
---- ---------------------------------------------------------
a) Position/status Non-executive director
---- -------------------------- -----------------------------
b) Initial notification Initial notification
/Amendment
---- -------------------------- -----------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- ---------------------------------------------------------
a) Name Amiad Water Systems Ltd.
---- -------------------------- -----------------------------
b) LEI N/a
---- -------------------------- -----------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
---- ---------------------------------------------------------
a) Description of Ordinary Shares of 0.5 NIS
the financial each in Amiad Water Systems
instrument, type Ltd.
of instrument
IL0010943905
Identification
code
---- -------------------------- -----------------------------
b) Nature of the Purchase of Ordinary Shares
transaction
---- -------------------------- -----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
142p 7,500
--------- ----------
---- -------------------------- -----------------------------
Aggregated information
- Aggregated volume 7,500
d) - Price 142p
---- -------------------------- -----------------------------
e) Date of the transaction 14 October 2016
---- -------------------------- -----------------------------
f) Place of the transaction London Stock Exchange
---- -------------------------- -----------------------------
Enquiries
Amiad Water Systems Ltd.
------------------------------- -----------------
Eli Opper, Chairman +972 4 690 9500
------------------------------- -----------------
Stifel Nicolaus Europe
Ltd.
------------------------------- -----------------
Stewart Wallace, Ben Maddison +44 20 7710 7600
------------------------------- -----------------
Luther Pendragon Ltd.
------------------------------- -----------------
Harry Chathli, Claire Norbury +44 20 7618 9100
------------------------------- -----------------
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 the
industrial, municipal, irrigation, oil & gas and ballast water
markets. In these segments its patented 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
nine subsidiaries and a comprehensive network of over 170
distributors to customers in more than 80 countries.
For additional information or product details, please visit
www.amiad.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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