Bank Hapoalim B.M.
Registration no. 520000118
The securities of the corporation are listed for trading on the Tel Aviv Stock Exchange
Code name: Poalim
Street: P.O.B. 27, Tel Aviv 61000
Tel: 03-5673800; 03-5673333; Fax: 03-5674576
e-mail: yoram.weissbrem@mailpoalim.co.il
Transmission date: 7/02/2012
Reference: 2012-01-035259
Securities Authority Tel Aviv Stock Exchange Ltd.
Immediate Report Regarding the Grant of Rights to
Purchase Shares (Securities Convertible into Share Capital)
Regulation 32 of the Securities (Periodic and Immediate Reports) Regulations, 5730-1970
1.
We advise that on February 7, 2012 the Corporation (BSE: CORPBANK.BO - news) granted rights to purchase shares as follows:
|
1 Category of Securities Allotted: Options Quantity of Securities Allotted: 4,332,998 Amount of Consideration for the Securities Allotted: Without consideration Category of Shares Which Will Result from Exercise/Conversion of Securities: Ordinary Shares of NIS 1.00.- n.v. Stock Exchange Number of the Share Resulting from Exercise of the Security: 662577 Quantity of the Shares Which Will Result from Exercise/Conversion in Full of Securities: 4,332,998 Total Exercise Price Which Will Be paid due to the Exercise/Conversion in Full of the Securities into Shares: NIS 4,332,998 Period During Which Securities May Be Exercised: From January 1, 2016 to December 31, 2016 Will the Securities Allotted Be Registered for Trade: No |
2.
The allotment of the said securities is further to an offering circular to employees, which was published on January 3, 2012 and the reference number thereof is 2012-01-003699.
3.
This report is further to the circular of 3rd January 2012 Reference Number 2012-01-003699 ("the Circular of 2012"). On 7th of February 2012 the Third Portion of 4,332,998 Options out of three Option Portions was granted, in accordance with the option plan of the Bank of 23rd March, 2010 for granting a sum total of 12,750,000 Options, as set forth in the Circular of 2012. The Options will be exercisable after their Vesting Period is over, into dormant shares which will be purchased by the Bank and held by it for that purpose. For the up-to-date inventory of the Bank, you are referred to the register of option holders which will be reported by means of Tav 087 some time after the submission of this report.
There are no comments yet