TIDMAFS

RNS Number : 5431X

Amiad Water Systems Ltd

05 May 2021

5 May 2021

Amiad Water Systems Ltd.

("Amiad" or the "Company")

PDMR Shareholding

Amiad (AIM: AFS), a leading global producer of water treatment and filtration solutions, announces that, on 27 April 2021, Noam Shlasky, Chief Operating Officer of Amiad and a person discharging managerial responsibilities (PDMR) of the Company, sold 16,463 ordinary shares of NIS 0.5 each in the Company ("Ordinary Shares") at a price of 335 pence per Ordinary Share.

Following this transaction, Mr. Shlasky has no interest in the Company's issued share capital.

Enquiries

 
 Amiad Water Systems Ltd. 
 Dori Ivzori, Chief Executive 
  Officer 
  Relly Shimko, Chief Financial 
  Officer                          +972 4 690 9500 
                                  ----------------- 
 
 Stifel Nicolaus Europe Ltd. 
                                  ----------------- 
 Fred Walsh, Stewart Wallace       +44 20 7710 7600 
                                  ----------------- 
 
 Luther Pendragon 
                                  ----------------- 
 Harry Chathli, Claire Norbury     +44 20 7618 9100 
                                  -----------------

About Amiad

Amiad Water Systems (AIM: AFS) is a leading global producer of automatic, self-cleaning water treatment and filtration products and systems. Through its engineering skills and ability to innovate, Amiad provides cost-effective "green" solutions for irrigation and industrial purposes. In these markets, its unique and high-quality products are being integrated into the core of systems for filtration and water treatment, micro irrigation and membrane protection, wastewater and potable water treatment, cooling systems and sea water filtration. Headquartered in Israel, Amiad provides these solutions through ten subsidiaries and a comprehensive network of distributors to customers in more than 80 countries.

FIMI Opportunity Funds, the leading private equity investor in Israel, is a controlling shareholder of Amiad, with an interest in 39.5% of the Company's outstanding issued share capital.

For additional information or product details, please visit: www.amiad.com .

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
  1   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            Noam Shlasky 
     ------------------------------  -------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status                 PDMR 
     ------------------------------  -------------------------------- 
 b)   Initial notification            Initial notification 
       /Amendment 
     ------------------------------  -------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------- 
 a)   Name                            Amiad Water Systems Ltd. 
     ------------------------------  -------------------------------- 
 b)   LEI                             213800P6ORZZT3X4TY55 
     ------------------------------  -------------------------------- 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions have 
       been conducted 
     ---------------------------------------------------------------- 
 a)   Description of                  Ordinary Shares - NIS 0.5 
       the financial                   AFS - IL0010943905 
       instrument, type 
       of instrument 
       Identification 
       code 
     ------------------------------  -------------------------------- 
 b)   Nature of the                   Sale of Ordinary Shares 
       transaction 
     ------------------------------  -------------------------------- 
 c)   Price(s) and                     Price(s)     Volume(s) 
       volume(s)                        335 pence    16,463 
                                                    ---------- 
     ------------------------------  -------------------------------- 
 d)   Aggregated information          - 
     ------------------------------  -------------------------------- 
 e)   Date of the transaction         27 April 2021 
     ------------------------------  -------------------------------- 
 f)   Place of the                    London Stock Exchange, AIM 
       transaction 
     ------------------------------  --------------------------------

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