11 Mar 2013 10:12
11 March 2013
Amiad Water Systems Ltd.
("Amiad" or "the Company")
Directorate Change
Amiad, a leading global producer of water treatment and filtration solutions, announces that Mr. Shmuel Dudai, a non-executive director of the Company and the chairman of Kibbutz Amiad ("the Kibbutz"), which controls approximately 59% of the voting rights in the Company and 45.5% of its issued ordinary share capital, has given notice to the Company that he will be stepping down from his position as chairman of the Kibbutz and, as a consequence, is resigning with immediate effect from his service as a non-executive director of the Company.
Tal Yeshua, Chairman of Amiad, said: "We would like to thank Mr. Shmuel Dudai for his contribution to the Company during a period of unprecedented growth and development, and we wish him well with his future endeavours."
Enquiries:
Amiad Filtration Systems Ltd. |
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Arik Dayan, Chief Executive Officer Amir Harel, Chief Financial Officer | +972 4 690 9500 |
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Nomura Code Securities Ltd. |
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Giles Balleny | +44 20 7776 1200 |
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Luther Pendragon |
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Harry Chathli, Claire Norbury | +44 20 7618 9100 |