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Preferred Shares - Possible Offering
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Tel Aviv, August 02, 2017. Delek Group (TASE: DLEKG, US ADR: DGRLY) (“the Company”) announces that further to the decision of the Company’s AGM held on July 24, 2017 concerning the Company’s registered share capital in regular and preferred shares, it is assessing the possibility of offering preferred shares to the public and registering them for trading on the Tel-Aviv Stock Exchange (“TASE”).

Carrying out the offering, the structure of the offering, its scale and terms have not yet been finally determined and is subject to the Company's discretion, market conditions and receipt of all the authorizations required in law. Nothing stated in this report shall create any commitment by the Company to carry out an offering of preferred shares.

An offering of preferred shares will be carried out, if carried out, based on a Shelf Offering Report that the Company will publish based on the Company's Shelf Prospectus dated May 31, 2016 (ref. 2016-01-039240).

Nothing in this report shall be deemed an offering to the public and/or an invitation to purchase the Company's securities.

It is hereby stipulated that the Company does not intend to offer preferred shares during 2017 and this is solely an initial, general assessment of the matter as a means to increase the Company’s capital, and any such offering, if it takes place, will not derogate from the voting rights of the Company’s shareholders.

This is a convenience translation of the original HEBREW immediate report issued to the Tel Aviv Stock Exchange by the Company on August 02, 2017.


About The Delek Group

Delek Group is an independent E&P and the pioneering visionary behind the development of the East Med. With eight consecutive finds in the Levant Basin, Delek is leading the region’s development into a major natural gas export hub. In addition, Delek has embarked on an international expansion with a focus on high-potential opportunities in the North Sea and North America. 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 (TASE:DLEKG) and are part of the TA 35 Index.

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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