Second part9 Dec 2018 23:14
For the summoning of the Assembly and the Voting Letter, see the report dated December 5, 2018, reference no: 2018-10-112114
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In the event that the Trustee, in consultation with the Representation, the Legal Advisor and the experts (as defined in section 1.1.4 below) reach the conclusion that there is reason to conduct negotiations on an arrangement with the Company, the Representative will conduct negotiations with the Company and its representative. An outline and / or an arrangement which, if formulated, will be brought for the approval of the debenture holders
Debt;
In the event that the Trustee, in consultation with the Representative, the Legal Advisor and the experts (as defined in Section 1.1.4 below) reach the conclusion that there is no point in conducting negotiations on an arrangement with the Company, the representative shall form, together with the Trustee, Debt which
Will be brought for the approval of a meeting of debenture holders;
Recommend to the trustee the appointment of experts and consultants (such as an economist, accountant, etc.) ("the experts") who will assist the debenture holders and the trustee, and recommend that the trustee replace them from time to time.
In addition, due to the fact that the Representation is a representative of the Trustee, its members are subject to all the obligations imposed on agents under the Agency Law, 5725-1965 and the Trust Law, 5739-1979, including obligations of trust and confidentiality.
The powers of the mission shall not be impaired even if any of its members ceases to serve as a member thereof.
1.1.2.
1.1.3.
1.1.4.
1.1.5.
1.1.6.
The decision in this Section 1.1 is subject to the indemnification and financing obligation in Appendix A to the Voting Letter, and in this regard, the contents of Appendix A to the Voting Deed will be deemed to be an integral part of the aforementioned resolution.
The following are the results of the vote, including all the votes cast: 66,772,450 par. Bonds A, which constitute 100% of all the votes of the shareholders who participated in the meeting, 40,710,714 par value bonds, constituting 60.97% of the votes participating in the vote, voted in favor of the resolution. 26,061,736 par value Bonds A, representing 39.03% of the votes cast, voted against the resolution, with no votes abstaining.
Therefore, the decision was made.
In accordance with the clarification of the decision in Section 1.2 of the Voting Deed, and Whereas the decision in Section 1.1 above was adopted, the votes in the framework of a resolution in Section 1.2 of the Voting Paper were not examined.
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From the examination of the Trustee, in accordance with the particulars in Appendix B attached to the Voting Deed and on the basis of the declarations held in the voting papers submitted to it, it emerges that among the participants in the vote no opposing parties were found.
Reznik Paz Nevo Trusts Ltd
The report was signed by Yossi Reznik CPA, CPA
The meeti