SIM.L Regulatory News (SIM)

18 Oct 2007 07:01

SimiGon Limited18 October 2007 SIMIGON LIMITED ("Simigon" or "the Company") Thursday, October 18th 2007 Transfer of shares held in trust by a director The Company announces that A. Vizer Holdings Ltd. (the "Trustee"), an associateof Amos Vizer, a director and the chief executive officer of the Company, hastoday transferred for nil consideration the legal title to 937,500 ordinaryshares in the Company (the "Transfer Shares") which it held as nominee (asdescribed in the admission document of the Company dated 27 October 2006 (the"Admission Document")) to the beneficial owners of those shares. The TransferShares represent approximately 2.5 per cent. of the entire issued share capitalof the Company and did not represent any part of Amos Vizer's beneficialinterests in the share capital of the Company. The Transfer Shares will be subject to the same lock-in arrangements whichapplied to the Trustee ("Lock-in"), as described in the Admission Document. TheLock-in period is for the twelve months following 2 November 2006, being thedate of admission of the Company's entire issued share capital to the AIMmarket. For further information, please contact: Corfin Communications: Harry Chathli,Ben Hunt: +44 (0)20 7977 0020 Simigon Limited: Ami Vizer, CEO: +1 (407) 737 7722 This information is provided by RNS The company news service from the London Stock Exchange