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Company Update

11 Dec 2014 08:12

B.S.D. CROWN LTD - Company Update

B.S.D. CROWN LTD - Company Update

PR Newswire

London, December 11

B.S.D Crown Ltd (LSE:BSD) ("BSD" or "the Company") Company Update Tel Aviv, Israel, 11 December, 2014 Parent company announcement Further to an announcement made earlier today in Israel by BGI Investments(1961) Ltd. ("BGI") (which owns, or controls, Company shares representingapproximately 25.02% of the total issued and outstanding share capital of theCompany (excluding dormant shares)), Israel 18 B.V. ("Israel 18"), which is thecontrolling shareholder of BGI, has been negotiating the potential introductionof a partner in relation to its holding in BGI and the Company. Israel 18 owns,or controls, voting rights in relation to Company shares representingapproximately 44.1% of the total issued and outstanding share capital of theCompany (excluding dormant shares). BGI's announcement was made followingpress-speculation in Israel, such negotiations are still ongoing and noagreement has been reached to date. The Company will update the market in respect of further developments, asappropriate. 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

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