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  5. Resolution of Dispute

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Resolution of Dispute

27 Nov 2007 07:01

Amiad Filtration Systems Ltd27 November 2007 27 November 2007 Amiad Filtration Systems Ltd. ("Amiad" or "the Company") Resolution of Dispute with Yitzhak Orlans Amiad, the producer and global supplier of water filters and filtration systemsfor the industrial, municipal and irrigation markets, announces that it hasresolved its dispute with Yitzhak Orlans, the former president and director ofAmiad USA Inc ("Amiad USA"). Amiad USA has agreed to purchase from Mr Orlans his 18% stake held in thatcompany for US$1,317,000. In addition, Mr Orlans will receive a one-off paymentof US$80,000. The purchase of shares takes Amiad's shareholding in its subsidiary from 82% to100%. The US subsidiary is the largest of Amiad's subsidiaries by reference tosales, accounting for over 25% of the group's sales. Enquiries Amiad Filtration Systems Ltd.Itamar Eder +972 4 690 9500 Corfin CommunicationsHarry Chathli, Neil Thapar +44 20 7977 0020 This information is provided by RNS The company news service from the London Stock Exchange
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Date   Source Headline
20th Feb 20147:00 amRNSAmiad awarded $1.1 million Angolan project
19th Feb 20149:21 amRNSHolding(s) in Company
17th Feb 20147:00 amRNSHolding(s) in Company
16th Jan 20147:00 amRNSHolding(s) in Company
2nd Jan 20147:00 amRNSDirectorate Change
11th Dec 201312:44 pmRNSHolding(s) in Company
11th Dec 201312:39 pmRNSHolding(s) in Company
10th Dec 201312:14 pmRNSDirectorate Change
9th Dec 20137:00 amRNSAmiad awarded contract to supply US Navy
6th Dec 20134:35 pmRNSHolding(s) in Company
18th Oct 20137:00 amRNSTrading Statement
25th Sep 20138:11 amRNSAppointment of Nominated Advisor and Broker
20th Sep 20134:49 pmRNSDirector's Share Purchase
10th Sep 20137:00 amRNSResults for the six months to 30 June 2013
13th Aug 201312:21 pmRNSResult of AGM & Non-Executive Director appointment
8th Jul 20139:30 amRNSNotice of AGM
21st Jun 201310:14 amRNSPublication of Annual Report and Accounts
10th Apr 20137:00 amRNSResults for the twelve months to 31 December 2012
20th Mar 20137:00 amRNSDirectorate Change
11th Mar 201310:12 amRNSDirectorate Change
6th Mar 20137:51 amRNSAmiad wins $7.7m contract in Colombia
5th Mar 201312:52 pmRNSNotice of Results
3rd Jan 20137:00 amRNSHolding(s) in Company
29th Oct 201210:17 amRNSDirector/PDMR Shareholding
6th Sep 20127:00 amRNSResults for the six months to 30 June 2012
28th Aug 201211:58 amRNSResult of AGM
23rd Jul 20127:00 amRNSNotice of AGM
2nd Jul 20127:00 amRNSAmiad wins $1.67 million contract for significant
19th Jun 20124:43 pmRNSExercise of options by CEO
15th Jun 20125:37 pmRNSPosting of Annual Report and Accounts
10th Apr 20127:00 amRNSAmiad signs agreement with Calgon Carbon
29th Mar 20127:00 amRNSFinal Results
5th Mar 20127:00 amRNSNotice of Results
21st Feb 20129:39 amRNSResult of EGM
20th Feb 20127:00 amRNSAmiad wins projects in Australia
15th Feb 20127:00 amRNSHolding(s) in Company
23rd Jan 20127:01 amRNSTrading Statement
12th Jan 20124:11 pmRNSNotice of EGM
5th Jan 20127:00 amRNSDirector/PDMR Shareholding
19th Dec 20117:00 amRNSAmiad wins $2.85m project in Korean steel industry
22nd Sep 201110:49 amRNSDirector/PDMR Shareholding
20th Sep 20117:00 amRNSAppointment of Chief Financial Officer
15th Sep 20117:00 amRNSInterim Results
7th Sep 20117:00 amRNSAmiad establishes Amiad Brazil subsidiary
2nd Sep 20117:00 amRNSDirectorate Change
1st Sep 201112:21 pmRNSResult of AGM
19th Aug 20117:00 amRNSChange of Adviser
25th Jul 20117:00 amRNSNotice of AGM
11th Jul 20117:00 amRNSDividend Update
27th Jun 20117:00 amRNSPosting of Annual Report and Accounts
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