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Controlling shareholder announcement

27 Mar 2015 07:00

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

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

PR Newswire

London, March 27

B.S.D Crown Ltd (LSE:BSD) ("BSD" or "the Company") Controlling shareholder announcement Tel Aviv, Israel, 27 March 2015 Controlling shareholder announcement The Company refers to its announcement dated 23 March 2015 and to anannouncement made yesterday in Israel by BGI Investments (1961) Ltd. ("BGI")(which beneficially owns Company shares representing approximately 25.02% ofthe total issued and outstanding share capital of the Company (excludingdormant shares) and controls in aggregate, directly and through proxies,approximately 44% of the voting rights in the Company). Capitalised terms usedbut not defined herein shall have the meanings given to them in the Company'sannouncement of 23 March 2015. The Court has agreed to extend the date by which the guarantee referred in saidCompany announcement is to be provided until 2 April 2015 at 12.pm (Israelitime). In addition, Alfa, following receipt of Alexander Granovsky's consent,has requested that the Court extend the date by which such guarantee is to beprovided until 8 April 2015. 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

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