BSD Crown Ltd.
(The “Company”)
(LSE:
BSD)
Ramat
Gan, 1 June 2021
Further to the announcement made by the Company on 27 May 2021 (the “May 27 Announcement”), 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, and the
Company (the transaction contemplated thereunder, the "Merger")
occurred on 30 May 2021.
The cancellation of the listing of the Company’s ordinary shares
of NIS 0.01 each on the Official List
will take effect from 8.00 a.m. on
2 June 2021.
Pursuant to the Merger, each shareholder of the Company (other
than the Purchasers 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").
Information regarding settlement of the consideration to which
Selling Shareholders are entitled is set forth in the May 27 Announcement. Relevant materials have been
posted to the website of the Company. Please visit
http://www.bsd-c.com/general-meetings.
A Selling Shareholder that has any questions regarding the
settlement of consideration 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