Appointment of Senior Officer to the Company

July 23, 2020 at 6:30 PM IDT

Tel Aviv, July 23, 2020. Delek Group (TASE: DLEKG, US ADR: DGRLY) (“the Company”) announces that on July 23, 2020 the Company's Board decided on the appointment of Tamir Polikar, CPA, to the position of the Company’s Deputy CEO and CFO from September 1, 2020.

Mr. Barak Mashraki will continue to serve as Deputy CEO and CFO of the Company until August 31, 2020, and from September 1, 2020 will continue to act as Deputy CEO.

This is a convenience translation of the original HEBREW immediate report issued to the Tel Aviv Stock Exchange by the Company on July 23, 2020.

About The Delek Group


Delek Group is an independent E&P company with activities in the UK North Sea and the East Mediterranean. Delek Group has significant holdings in the Leviathan and Tamar natural gas reservoirs in the East Mediterranean (Israel's territorial water), with reserves and resources of more than 30 TCF and annual production of approximately 20 BCM. These reservoirs are a major natural gas supplier to the growing markets of Israel, Egypt and Jordan and Delek continues to lead the region’s development into a major natural gas export hub. Through its wholly owned subsidiary Ithaca, Delek Group holds high-quality oil and natural gas assets in the UK North Sea totaling more than 270 million barrels of oil equivalent (boe) and producing about 27 million boe per year. Delek Group is one of Israel’s largest and most prominent companies with a consistent track record of growth. Its shares are traded on the Tel Aviv Stock Exchange (DLEKG:IT) And its ADRs are traded on the US OTC market (DGRLY:US).

For more information on Delek Group please visit www.delek-group.com

Contact


Investors

 

Limor Gruber

Head of Investor Relations

Delek Group Ltd.

Tel: +972 9 8638443

Limorg@delek-group.com