TIDMBSD 
 
BSD Crown Ltd. 
 
                                (The "Company") 
 
                                   (LSE: BSD) 
 
                                                         Ramat Gan, 27 May 2021 
 
Further to the announcements made by the Company on 17 March 2021 and 27 April 
2021, 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 ("YZM"), and B.S.D Crown Ltd., 
a company organized under the laws of the State of Israel (the "Company", and 
the transaction contemplated thereunder, the "Merger") is expected to occur on 
30 May 2021. 
 
YZM is a newly formed company which is wholly owned by the Purchasers 
(together, "Controlling Shareholders"). Pursuant to the Merger, each 
shareholder of the Company (other than the Controlling Shareholders 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"). 
 
The record date for the Merger is 28 May 2021 (the "Record Date") and it is 
expected that Euroclear shall disable settlement of transactions with respect 
to trades of Shares on the Record Date. The cancellation of the listing of the 
Shares on the Official List is expected to take effect from 8.00 a.m. on 2 June 
2021. 
 
Settlement of the consideration to which Selling Shareholders are entitled will 
be effected by the issue of cheques or CREST payments, as applicable, in 
accordance with the below, upon receipt by Computershare, an international 
stock transfer firm that has been engaged to act as paying agent in connection 
with the Merger (the "Paying Agent"), of the documentation referenced below: 
 
Holders of Certificated Shares 
 
Where Shares are held in certificated form, settlement of any cash due will be 
dispatched by first class post to the relevant Shareholders (but not into 
certain prohibited territories). All such cash payments will be made in Pound 
Sterling by cheque drawn on a branch of a clearing bank in the United Kingdom, 
anticipated to be made within 21 days after receipt by the paying agent of a 
duly completed and valid letter of transmittal from the relevant Shareholder 
and all components thereof (the "Letter of Transmittal"), including surrender 
to the paying agent of the share certificates for cancellation, and a required 
tax declaration (such tax declaration, the "Required Tax Declaration"), which 
shall be included within the Letter of Transmittal. 
 
Recovery of any lost, stolen or destroyed certificates, as well as recording of 
the ownership of Company shares, may be made through the Paying Agent, at the 
relevant Selling Shareholder's expense. 
 
The Letter of Transmittal, which includes additional information, including 
contact details of the Paying Agent, will be posted to the website of the 
Company promptly following completion of the Merger. Please visit http:// 
www.bsd-c.com/general-meetings. 
 
Holders of Depositary Interests 
 
Where Shares are held in uncertificated form (Depositary Interests), the cash 
consideration to which a Selling Shareholder is entitled will be paid by means 
of a CREST payment in favor of the Selling Shareholder's payment bank in 
respect of the cash consideration due, in accordance with CREST payment 
arrangements, anticipated to be made within 21 days after receipt by the Paying 
Agent of a duly completed and valid Required Tax Declaration and certain 
related materials. 
 
A holder of Shares through a broker or other nominee is required to send its 
Required Tax Declaration to the Paying Agent through its broker or nominee, 
rather than directly to the Paying Agent. 
 
The Required Tax Declaration and accompanying materials will be posted to the 
website of the Company promptly following completion of the Merger. Please 
visit http://www.bsd-c.com/general-meetings. 
 
A Selling Shareholder that has any questions regarding the foregoing 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 
 
 
 
END

(END) Dow Jones Newswires

May 27, 2021 09:17 ET (13:17 GMT)

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