Hadasit Bio-Holdings

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Convertible loan to KAHR Medical (2005) Ltd.

Apr. 4, 2015

HBL-Hadasit Bio-Holdings Ltd.

 

            April 4, 2015

The Securities Authority         The Tel Aviv Stock Exchange Inc.

www.isa.gov.il                         www.tase.co.il

 

 

Subject: Immediate Report –Convertible loan to KAHR Medical (2005) Ltd.

 

Following Immediate Reports of the Company dated February 8, 2015, February 12, 2015 and March 4, 2015 (Document No.’s 2015-01-026794, 2015-01-030793 and 2015-01-044797, respectively), in connection with a convertible loan agreement in the amount of one million dollars in KAHR Medical (2005) Ltd. (hereafter: “KAHR”), a subsidiary held by 49% (not fully diluted) by the Company.

The Company respectfully announces that it has exercised its right in full and that it will lend to KAHR the balance of the loan amount of $ 500 thousand (hereafter: “the loan”), and accordingly maintain its holdings in KAHR.

The Company transferred the amount of the above loan on April 2, 2015.

 

                        Yours truly,

HBL-Hadasit Bio-Holdings Ltd.

By: Ms. Tamar Kfir, CEO

 
 

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