Amiad Water Systems Ltd Holding(s) in Company (5204V)
January 30 2017 - 1:21PM
UK Regulatory
TIDMAFS
RNS Number : 5204V
Amiad Water Systems Ltd
30 January 2017
30 January 2017
Amiad Water Systems Ltd.
("Amiad" or the "Company")
Holdings in Company
Amiad (AIM: AFS), a leading global producer of water treatment
and filtration solutions, announces that, on 26 January 2017,
Kibbutz Amiad Agricultural Cooperative Society Ltd. (the "Kibbutz")
purchased 435,000 ordinary shares of 0.5 NIS each in the Company
("Ordinary Shares") at a price of 116.5 pence per share. The
Kibbutz notified the Company of the details of the transaction on
29 January 2017.
Following the transaction, and a previous acquisition of 109,800
ordinary shares (which were below the disclosure threshold), the
Kibbutz has a direct interest in 680,000 ordinary shares in Amiad,
representing 3.0% of the Company's issued share capital and voting
rights.
In addition, the Kibbutz has an indirect interest in a further
10,298,187 ordinary shares, which are held by A.M.SI. Investments
(1997) Ltd., a wholly-owned subsidiary of HaChoshlim Foundation -
Agriculture Cooperative Society for Business Ltd., which is an
affiliate of the Kibbutz. As a result, through its direct and
indirect holdings, the Kibbutz has an interest in 10,978,187
ordinary shares, representing 48.4% of the issued share capital of
the Company.
Enquiries
Amiad Water Systems Ltd.
-------------------------------- -----------------
Dori Ivzori, Chief Executive
Officer
Irit Ben-Dov, Chief Financial
Officer +972 4 690 9500
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Stifel Nicolaus Europe
Ltd.
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Stewart Wallace, Ben Maddison +44 20 7710 7600
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Luther Pendragon Ltd.
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Harry Chathli, Claire Norbury +44 20 7618 9100
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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 seawater
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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