28 Jul 2015 11:43
28 July 2015
Amiad Water Systems Ltd.
("Amiad" or "the Company")
Result of AGM and Appointment of Non-Executive Director
Amiad Water Systems Ltd. (AIM: AFS), a leading global producer of water treatment and filtration solutions, announces that at the Annual General Meeting ("AGM") of the Company held earlier today, all resolutions were duly passed, including the resolution appointing Mr. Oded Rosen as a non-executive director of the Company with immediate effect.
Mr. Rosen, aged 71, has been a member of Kibbutz Amiad ("the Kibbutz"), which is the major shareholder of the Company, since 1961 and currently sits on the General Management Board of the Kibbutz. In 1982, he joined the Company as CEO and was instrumental in Amiad's decision to enter the automatic filtration market. He subsequently assumed the position of Vice President for Production Operations, a role he held from 1986 until his retirement in 2010.
Eli Opper, Chairman of Amiad, said: "We are delighted to welcome Oded Rosen back to Amiad. Having spent over two decades of his working life with the Company, during which time he was a valued employee, he has an extensive understanding of how Amiad operates. We look forward to benefiting from his experience."
There are no other matters required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies as regards Mr. Rosen's appointment.
Enquiries:
Amiad Water Systems Ltd. | |
Arik Dayan, Chief Executive Officer Irit Ben-Dov, Chief Financial Officer | +972 4 690 9500 |
Stifel Nicolaus Europe Ltd. | |
Giles Balleny | +44 20 7710 7600 |
Luther Pendragon Ltd. | |
Harry Chathli, Claire Norbury, Oliver Hibberd | +44 20 7618 9100 |
About Amiad
Amiad Water Systems (AIM: AFS) is a leading global producer of automatic, self-cleaning water treatment and filtration products and systems. Through its engineering skills and ability to innovate, Amiad provides cost-effective "green" solutions for the industrial, municipal, irrigation, oil & gas and ballast water markets. In these segments its patented products are being integrated into the core of systems for filtration and water treatment, micro irrigation and membrane protection, wastewater and potable water treatment, cooling systems and sea water filtration.
Headquartered in Israel, Amiad provides these solutions through nine subsidiaries and a comprehensive network of over 170 distributors to customers in more than 80 countries.
For additional information or product details, please visit www.amiad.com.
AFS.L (AFS)