UK Markets close in 5 hrs 21 mins
  • FTSE 100

    7,165.64
    +31.58 (+0.44%)
     
  • FTSE 250

    22,810.91
    +76.78 (+0.34%)
     
  • AIM

    1,254.01
    +4.36 (+0.35%)
     
  • GBP/EUR

    1.1634
    -0.0014 (-0.12%)
     
  • GBP/USD

    1.4094
    -0.0023 (-0.1621%)
     
  • BTC-GBP

    27,800.49
    +2,313.39 (+9.08%)
     
  • CMC Crypto 200

    975.30
    +33.49 (+3.56%)
     
  • S&P 500

    4,247.44
    +8.26 (+0.19%)
     
  • DOW

    34,479.60
    +13.40 (+0.04%)
     
  • CRUDE OIL

    71.44
    +0.53 (+0.75%)
     
  • GOLD FUTURES

    1,859.90
    -19.70 (-1.05%)
     
  • NIKKEI 225

    29,161.80
    +213.07 (+0.74%)
     
  • HANG SENG

    28,842.13
    +103.23 (+0.36%)
     
  • DAX

    15,727.89
    +34.62 (+0.22%)
     
  • CAC 40

    6,622.05
    +21.39 (+0.32%)
     

B.S.D. Crown Ltd. - BSD Crown Ltd.

·1-min read

BSD Crown Ltd.

(The “Company”)

(LSE: BSD)

Ramat Gan, 1 June 2021

Further to the announcement made by the Company on 27 May 2021 (the “May 27 Announcement”), the Company updates today that the completion of the merger transaction contemplated by the Agreement and Plan of Merger dated 17 March 2021 by and among Yossi Willi Management and Investments Ltd., a company organized under the laws of the State of Israel (“Purchaser 1”), Zvi v & Co. Company Ltd., a company organized under the laws of the State of Israel (together with Purchaser 1, the “Purchasers”), Yoseph Zvi 2021 Management Ltd., a company organized under the laws of the State of Israel, and the Company (the transaction contemplated thereunder, the "Merger") occurred on 30 May 2021.

The cancellation of the listing of the Company’s ordinary shares of NIS 0.01 each on the Official List will take effect from 8.00 a.m. on 2 June 2021.

Pursuant to the Merger, each shareholder of the Company (other than the Purchasers and certain affiliates thereof) is entitled to an amount of £0.30 per each issued and outstanding ordinary share of the Company (such shares, "Shares", and shareholders entitled to receive such amounts, "Selling Shareholders").

Information regarding settlement of the consideration to which Selling Shareholders are entitled is set forth in the May 27 Announcement. Relevant materials have been posted to the website of the Company. Please visit http://www.bsd-c.com/general-meetings.

A Selling Shareholder that has any questions regarding the settlement of consideration should contact Computershare Investor Services PLC, Corporate Actions Projects, Bristol BS99 6AH; Phone Number: +44 (0) 370 707 4040.

Enquiries: Joseph Williger

Active Chairman of the Board