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Further Adjournment of General Meeting

5 Apr 2017 17:54

B.S.D. Crown Ltd. - Further Adjournment of General Meeting

B.S.D. Crown Ltd. - Further Adjournment of General Meeting

PR Newswire

London, April 5

BSD Crown Ltd. (LSE: BSD)

(the “Company”)

Further Adjournment of General Meeting

Ramat Gan, Israel, 5 April 2017

The Company refers to its announcement of 23 March, 2017. At the request of BGI Investments 1961 Ltd., the Israeli Supreme Court today decided to postpone the Company’s general meeting convened to take place on 19 April 2017 (the "General Meeting") until a decision will be made by the Israeli District Court, regarding BGI's claim of ownership of 10,278,451 shares of the Company held by Adv. Kobie Amster, in his capacity as trustee.

The Company announces that the General Meeting will be postponed until further notice and will update its shareholders regarding a new date once it is legally able to set a new date.

Enquiries:

Gregory Gurtovoy, chairman of the board: office@bsd-c.com 

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