Hadasit Bio-Holdings

Press Releases

Subjugation (lien) of the company's stocks held by the shareholder

Aug. 13, 2014

Hadasit Bio Holdings LTD.

13th of August 2014

 

To the attention of                                                          To the attention of                         

Israel Securities Authority                                            The Israeli Stock Market

22, Canfey Nesharim St.                                                45, Echad Ha'am St

44555 Jerusalem                                                               54252 Tel-Aviv

Through the Electronic Disclosure System             Through the Electronic Disclosure System

 

Dear Madam/Sir,

Re:Subjugation (lien) of the company's stocks held by the shareholder

The Company is honored to announce that on the 12th of August, 2014, the controlling shareholder Hadasit Research and Development LTD, owner of 37% of the company shares (as stated: "Hadasit"), has the intention of submitting all of its shares to the State of Israel.

To the best  of the company's knowledge, this subjugation (lien) was done in the context of a recovery settlement of the Hadassah Hospital in which other assets of Hadassah were subjugated as well, Hadassah being the 100% controller of Hadasit.

At the time of the report the company does not have information on the conditions of this subjugation (lien) and it does not hold information on the future intentions of the subjugator, the State of Israel, on the subjugation or the conditions of its application.

 

Respectfully,

HBL – Hadasit Bio-Holdings LTD                

 
 

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