Hapoalim International NV Appeal against Dismissal of Class Action (8474Z)
22 May 2019 - 7:12PM
UK Regulatory
TIDM51IR
RNS Number : 8474Z
Hapoalim International NV
22 May 2019
RNS Notification
22 May 2019
Offering Circular dated 30 July 2015 in respect of the USD
2,500,000,000 Global Medium Term Programme (the "Programme") of
Hapoalim International N.V. (the "Issuer"), as amended, restated or
supplemented from time to time (the "Offering Circular")
RE: Notification in respect of certain events affecting Bank
Hapoalim B.M., the guarantor of the Issuer's obligations under the
Programme
Terms used but not otherwise defined herein shall have the
meanings ascribed to them in the Offering Circular.
The Issuer makes the following announcement in respect of Bank
Hapoalim B.M., the guarantor of the Issuer's obligations under the
Programme (the "Guarantor"):
The Guarantor has published the attached immediate report on an
appeal against dismissal of class action:
LEI of the Guarantor: B6ARUI4946ST4S7WOU88
Class and sub-class of regulated information: Ongoing regulated
information - Inside information
For further information please contact:
Gilad Bloch
Secretary of the Bank
Bank Hapoalim B.M.
Direct Dial: +972 (0)3 567 3800
Email: gilad.bloch@poalim.co.il
The following is an unofficial translation of the Hebrew report
and has been prepared for convenience only. In case of any
discrepancy, the Hebrew version prevails.
Bank Hapoalim B.M.
Number with the Registrar: 520000118
Securities Authority Tel Aviv Stock Exchange Ltd. Tav 121 Transmitted via Magna: 20/05/2019
www.isa.gov.il www.tase.co.il (Public) Reference:
2019-01-048403
Immediate Report
Explanation: This form should not be used when there is a
form
appropriate to the reported event.
Results of an issue should be reported on Tav 20 and not on this
form.
A report on the rating of bonds or the rating of a
corporation
should be filed under Form Tav 125.
Nature of the Event: Appeal against Dismissal of Class
Action
Reference numbers of previous reports on the subject:
_____________________________
Further to Note 25.C.3 to the Financial Statements of Bank
Hapoalim B.M. (hereinafter "the Bank") for the year 2018 regarding
the judgment of the District Court of Tel Aviv - Yafo in the
framework of which a claim and application for the approval thereof
as a class action was dismissed with regard to the collection of
fees for the return of cheques from customers whose account was
restricted in relation to drawing cheques (which was estimated by
the applicant to be in the sum of approximately NIS 591 million),
the Bank respectfully updates that the plaintiff filed a notice of
appeal with the Supreme Court against the aforesaid judgment.
Attached is a file _____________________
The company is not an enveloping company as defined in the TASE
Rules and Regulations
The date and time when the corporation first learned of the
event: 20/05/2019 at 10:40
Names of the signatories on behalf of the Corporation and their
job titles:
Yael Almog, Chief Legal Advisor
Moriah Hoftman Doron, Head of the Central Legal Counselling
Division
Date signed: 20.05.19
The reference numbers of the previous documents on the subject
(any citation made does not
constitute inclusion by way of reference):
2019-01-023182
The securities of the corporation are listed for trading on the
Tel - Aviv Stock Exchange
Date on which the structure of the form was updated:
30/04/2019
Abbreviated Name: Poalim
Address: POB 27, Tel Aviv 6100001 Telephone: 03-567 3800. 03-567
3333, Fax: 03-567 4576
Electronic Mail: gilad.bloch@poalim.co.il Company Website:
http://www.bankhapoalim.co.il
Previous names of reporting entity:
Name of Electronic Reporter: Bloch Gilad, His Job Title:
Secretary of the Bank, Name of Employing Company:
Address: Yehuda Halevy 63, Tel-Aviv 6578109, Telephone: 03-567
3800 Fax: 03-567 4576,
Electronic Mail: gilad.bloch@poalim.co.il
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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