Issue of Equity

21 May 2015

SimiGon Ltd

("SimiGon" or the "Company")

Issue of Equity

SimiGon announces that, as part of ongoing initiatives to incentivise and reward its key employees and further to the Board approval, it has issued and made application for 285,000 new ordinary shares of 0.01 NIS each in the Company ("Ordinary Shares") to be admitted to trading on AIM ("Admission").

The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares and Admission is expected to become effective on May 28, 2015. Following this issue of new Ordinary Shares, the Company will have 50,993,154 Ordinary Shares in issue and holds none in treasury. Accordingly, the total number of voting rights in the Company is 50,993,154.

Enquiries: