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Results of Offering Based on Shelf Offering Report of February 21, 2017
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Tel Aviv, February 22, 2017. Delek Group (TASE: DLEKG, US ADR: DGRLY) (“the Company”)
announces in accordance with the Securities Regulations (Announcement of Results of an Offering in a Prospectus), 1969, the results of the offering in the Company's shelf prospectus dated May 31, 2016 ("the Prospectus") and based on the Company's shelf offering report dated February 21, 2017 ("Offering Report"):

1. Based on the Offering Report the Company offered the public up to par value NIS 1,100,000,000 of the Company's Debentures (Series B31) in 1,100,000 units, by way of a tender on the price of the unit (Series B31) ("the Tender").

2.Results of the tender:

      2.1 In the Tender that took place on February 21, 2017, 110 orders were submitted for the purchase of 995,933 units (including 109 orders from classified investors for the purchase of 995,929 units).
      2.2 The unit price set in the Tender was NIS 1,019 ("the Closing Price").
      2.3 In accordance with section 1.4 of Appendix A of the Offering Report, 110 units were allocated in the Tender, as follows:
           2.3.1 102 orders from classified investors for the purchase of 942,081 units at a price higher than the Closing Price were met in full.
           2.3.2 8 orders for the purchase of 53,852 units at the Closing Price were fulfilled in full (of which 7 orders from classified investors for the purchase of 53,848 units).

3. In the light of the foregoing, the Company issued the public Debentures (Series B31) with a par value of NIS 995,933,000 for a total gross consideration of NIS 1,014,856 thousand.

The Company thanks the investors for their response to the offering.

Asaf Bartfeld, President & CEO, Delek Group: "The strong demand for the debentures offering, which greatly exceeded our expectations, represents yet another expression of confidence by the capital markets in Delek Group, its strategy and the value it provides its investors."

This is a convenience translation of the original HEBREW immediate report issued to the Tel Aviv Stock Exchange by the Company on , February 22, 2017.

About The Delek Group

The Delek Group, Israel's dominant integrated energy company, is the pioneering leader of the natural gas exploration and production activities that are transforming the Eastern Mediterranean's Levant Basin into one of the energy industry's most promising emerging regions. Having discovered Tamar and Leviathan, two of the world's largest natural gas finds since 2000, Delek and its partners are now developing a balanced, world-class portfolio of exploration, development and production assets with total gross natural gas resources discovered since 2009 of approximately 40 TCF.

In addition, Delek Group has a number of assets in downstream energy, water desalination, and in the finance sector.

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

Contact

Investors

Dina Vince
Head of Investor Relations
Delek Group Ltd.
Tel: +972 9 863 8444
investor@delek-group.com

Media

Nilly Richman
Head of Communications
Delek Group Ltd.
Tel : +972 9 863 8444
media@delek-group.com

 

 

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