Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBSD.L Regulatory News (BSD)

  • There is currently no data for BSD

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Controlling shareholder announcement

24 Mar 2015 07:00

B.S.D. CROWN LTD - Controlling shareholder announcement

B.S.D. CROWN LTD - Controlling shareholder announcement

PR Newswire

London, March 24

B.S.D Crown Ltd (LSE:BSD) ("BSD" or "the Company") Controlling shareholder announcement Tel Aviv, Israel, 24 March 2015 Controlling shareholder announcement The Company refers to an announcement made yesterday in Israel by BGIInvestments (1961) Ltd. ("BGI") (which beneficially owns Company sharesrepresenting approximately 25.02% of the total issued and outstanding sharecapital of the Company (excluding dormant shares) and controls in aggregate,directly and through proxies, approximately 44% of the voting rights in theCompany). Capitalised terms used but not defined herein shall have the meaningsgiven to them in the Company's announcements of 3 and 25 February, 2015. On 24 February, 2015, Public Joint Stock Company Alfa Bank ("Alfa"), aUkrainian banking entity, submitted a request to the Tel Aviv District Court(the "Court") to attach certain assets as well as direct and indirect holdingsof the Company's ultimate controlling shareholder, Alexander Granovsky. Thisrequest was submitted as part of a claim filed by Alfa against Mr. Granovskyand others with respect to alleged debts owing by them to Alfa. The defendantshave yet to file a statement of defence in said claim. Following hearings in this respect, the Court handed down judgment partially inAlfa's favour on 22 March, 2015 and decided that, inter alia, subject to thecondition set out below: * Mr. Granovsky, Israel 18, Israel 180 and Orot Israel may not dispose or otherwise grant security over any of their holdings respectively, including their direct holdings in the Company pending final judgment of the Court; * the Loan Amount shall remain in escrow pending final judgment of the Court; and * pending a further hearing, the parties to the dispute should disclose all relevant documentation giving rise to rights in the capital or payment of monies owing by Mr. Granovsky or his direct and indirect holdings in Israel. The orders above shall lapse upon failure by Alfa to provide an autonomous bankguarantee from an Israeli bank by no later than 29 March 2015 at 12.pm (Israelitime) in an amount of thirty million New Israeli Shekels (NIS 30 million) inescrow as guarantee to cover any damages to third parties which may be affectedby such orders should Alfa's claim ultimately fail. The Company will update the market in respect of further developments withregards to above, as appropriate. Further information about the Company For more information about the Company, visit www.bsd-c.com.

Enquiries: Eyal Merdler, CFO: eyal.merdler@bsd-c.com

Date   Source Headline
17th Mar 20168:31 amPRNCompany Update
10th Mar 20162:47 pmPRNTR-1: Notification of Major Interest in Sharesi
8th Mar 20167:00 amPRNCompany Update
7th Mar 20167:00 amPRNTR-1: Notification of Major Interest in Shares
1st Mar 201610:26 amPRNCompany Update
25th Feb 20167:00 amPRNCompany Update
23rd Feb 20167:00 amPRNCompany Update
19th Feb 20167:31 amPRNCompany Update
13th Jan 20162:55 pmPRNHolding(s) in Company
13th Jan 20162:52 pmPRNHolding(s) in Company
7th Jan 201612:45 pmPRNCompany Update
5th Jan 20164:30 pmPRNExercise of WFINT Put Option
4th Jan 20167:00 amPRNCompany Update
29th Dec 20158:43 amPRNCompany Update
24th Dec 20159:01 amPRNCompany Update
16th Dec 201510:00 amPRNWFINT Put Option
8th Dec 20154:10 pmPRNRESIGNATION OF JOINT CEO, CFO AND COMPANY SECRETARY
1st Dec 20157:00 amPRNPublication of Q3 Unaudited Financial Statements
16th Nov 20152:11 pmPRNCompany Update
16th Nov 20158:52 amPRNCancellation of Extraordinary General Meeting
11th Nov 20152:18 pmPRNCompany Update
5th Nov 20159:26 amPRNCompany Update
27th Oct 20159:19 amPRNCompany Update
23rd Oct 20157:00 amPRNAdjournment of Extraordinary General Meeting
21st Oct 20157:19 amPRNCompany Update
20th Oct 20159:45 amPRNCompany Update
24th Sep 20154:20 pmPRNNotice of Extraordinary General Meeting
18th Sep 20157:00 amPRNCancellation of Extraordinary General Meeting
9th Sep 20152:09 pmPRNAdjournment of Extraordinary General Meeting
4th Sep 20154:35 pmRNSPrice Monitoring Extension
3rd Sep 20154:40 pmRNSSecond Price Monitoring Extn
3rd Sep 20154:35 pmRNSPrice Monitoring Extension
1st Sep 20157:06 amPRNPublication of Q2 Unaudited Financial Statements
1st Sep 20157:00 amPRNHalf-yearly Report
28th Aug 20151:38 pmPRNAdjournment of Extraordinary General Meeting
18th Aug 20155:56 pmPRNWilli-Food Investments Ltd. Q2 Unaudited Reports
3rd Aug 20156:18 pmPRNHolding(s) in Company
3rd Aug 20156:18 pmPRNHolding(s) in Company
27th Jul 20153:29 pmPRNNotice of Extraordinary General Meeting
22nd Jul 20151:36 pmPRNCompany Update
17th Jul 20157:00 amPRNBoard Changes
16th Jul 20157:45 amPRNChange of Control
13th Jul 20157:00 amPRNBoard Changes
1st Jul 20157:00 amPRNWFINT Put Option
23rd Jun 20157:00 amPRNWilli-Food Investments Dividend
29th May 20157:00 amPRNFinancial Statements – Q1 2015
7th May 20152:37 pmPRNWFINT Put Option
14th Apr 20157:00 amPRNControlling shareholder announcement
9th Apr 20157:00 amPRNControlling shareholder announcement
2nd Apr 20157:00 amPRNBoard Changes

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.