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  5. Notice of Claim

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Notice of Claim

15 Jan 2020 07:00

RNS Number : 8077Z
SimiGon Limited
15 January 2020
 

 

15 January 2020

 

 

SimiGon Ltd

 

("SimiGon" or "the Company")

 

Notice of Claim

 

SimiGon LTD. (the "Company"), a global leader in providing simulation solutions, announces that it has learned that D.D Goldstein Real Estates and Investment Ltd., which to the Company's knowledge acquired 1,500,000 shares in the Company during 2019, has filed two legal actions in the Tel Aviv District Court - a petition for leave to file a monetary claim concerning salaries on behalf of the Company and an action for prerogative relief concerning resolutions approved at the Company's annual general meeting held on December 30, 2019 regarding the appointment of directors and the determination of their compensation.

The Company will study the materials relating to the claims and intends to vigorously defend against them. The Company has notified its insurers with respect to allegations against directors.

Upon initial review of the claims, we do not foresee any potential financial penalties to the Company even if the court was to decide that these claims have merit.

 

Enquiries: 

 

SimiGon Ltd

Ami Vizer, Chief Executive Officer and Executive Chairman

Efi Manea, Chief Financial Officer

www.simigon.com

 

 

Tel: +1 (407) 951 5548

finnCap (NOMAD & Broker)

Scott Mathieson / Matthew Radley (corporate finance)

 

Tel: +44 (0) 20 7220 0500

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCBIMBTMTABTJM
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Date   Source Headline
27th Sep 20164:24 pmRNSIssue of Equity
19th Sep 20167:00 amRNSInterim Results
12th Sep 20163:03 pmRNSHolding(s) in Company
23rd Aug 20167:00 amRNSNotice of Interim Results
28th Jun 20167:00 amRNSPosting of Annual Report and Accounts
20th Jun 20167:00 amRNSNew contract win
3rd May 20167:00 amRNSNew Contract Win
18th Apr 20167:00 amRNSFinal Results
24th Mar 20167:00 amRNSTrading Update
30th Dec 20152:44 pmRNSResult of AGM
7th Dec 20157:00 amRNSNew contract win
25th Nov 20153:00 pmRNSNotice of AGM
7th Sep 20157:00 amRNSInterim Results
17th Aug 20158:20 amRNSNotice of Results
12th Aug 20157:00 amRNSContract win
17th Jun 20157:00 amRNSContract Extension
15th Jun 20151:48 pmRNSPosting of Annual Report and Accounts
4th Jun 20158:35 amRNSHolding(s) in Company
26th May 20158:40 amRNSHolding(s) in Company
21st May 20154:48 pmRNSIssue of Equity
18th May 20151:40 pmRNSHolding(s) in Company
5th May 20157:02 amRNSContract Win
27th Apr 20152:11 pmRNSExercise of Options
16th Apr 20159:00 amRNSExercise of Options
13th Apr 20157:00 amRNSAudited full year results
25th Mar 20157:00 amRNSNotice of Results
10th Feb 20157:00 amRNSTrading and Business Update
21st Jan 20153:09 pmRNSExercise of Options
22nd Dec 20142:34 pmRNSResult of AGM
14th Nov 201410:50 amRNSNotice of AGM
11th Nov 20148:00 amRNSExercise of Options
6th Oct 20147:00 amRNSSimiGon technology selected by UCF
15th Sep 20147:00 amRNSInterim Results
3rd Sep 20147:00 amRNSSimiGon signs license contract
26th Aug 20147:00 amRNSNotice of Results
19th Aug 20147:00 amRNSSimiGon awarded additional three year contract
16th Jun 20143:11 pmRNSPosting Annual Report and Accounts
2nd Jun 20143:32 pmRNSDirector/PDMR Shareholding
20th May 20144:07 pmRNSExercise of Options
30th Apr 20142:18 pmRNSExercise of Options
30th Apr 201410:12 amRNSAudited accounts available on website
28th Apr 20147:00 amRNSAudited full year results
17th Apr 20147:00 amRNSSimiGon identified as one to watch
31st Mar 20147:00 amRNSNotice of Results
24th Feb 20147:00 amRNSSimiGon enters civil aviation market
13th Jan 20147:00 amRNSTrading and Business Update
30th Dec 20133:10 pmRNSResult of AGM
25th Nov 20134:12 pmRNSNotice of AGM
16th Oct 20134:37 pmRNSHolding in Company
9th Oct 20133:24 pmRNSIssue of Equity
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