Tender Offer for 135,904 Shares
Tel Aviv, August 8, 2019. Delek Group (TASE: DLEKG, US ADR: DGRLY) (“the Company”) is issuing a tender for the Company’s ordinary shares through an ordinary purchase offer in accordance with the provisions of Israeli securities regulations.
The offer is for up to 135,904 of the Company’s shares, at a price of NIS 544.5 per one Share of the Company (10% above the Company’s share price on the Tel Aviv Stock Exchange on the trading day prior to this announcement) for a maximum amount of NIS 74 million. Acceptance can be submitted to the Tel Aviv Stock Exchange until September 5, 2019 at 2:00pm.
Full details can be found in the regulatory filing attached to this page.
About The Delek Group
Delek Group is an independent E&P and the pioneering visionary behind the development of the East Med. With major finds in the Levant Basin, including the Leviathan (21.4 TCF) and Tamar (11.2 TCF) reservoirs and others, 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
Head of Investor Relations
Delek Group Ltd.
Tel: +972 9 863 8443