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Stock Market & Financial Investment News

News Breaks
August 17, 2014
13:05 EDTCELCellcom Israel to sell around 0.93% of issued share capital by option holders
Cellcom Israel announced that employees and members of senior management of the company have entered into agreements to sell an aggregate of 933,348 shares of the company, constituting approximately 0.93% of the company's issued share capital, to financial institutions. The shares had been issued by the company to such employees and senior management upon their exercise of vested options granted by the company under its 2006 Share Incentive Plan. The sale is scheduled to be completed today. The company understands that the purchasers intend to place such shares for sale outside the United States to non-US investors.The shares have not been and will not be registered under the U.S. Securities Act of 1933. Accordingly, the shares may not be offered or sold in the United States or to, or for the account or benefit of, a U.S. person.
News For CEL From The Last 14 Days
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August 27, 2015
05:25 EDTCELCellcom Israel announces preliminary review of possibility to buy Golan Telecom
Cellcom Israel announced its intention to review the possible purchase of holdings in, or assets of, Golan Telecom, an Israeli mobile network operator and competitor of the company, following an invitation by Bank Rothschild, representing Golan Telecom's shareholders. There is no assurance that the company will make an offer to purchase Golan Telecom nor as to the execution of such a sale. Finally, the company can provide no assurances as to the impact of this sale, and any potential sale of holdings in, or assets of, Golan, on the parties' agreements or the competitive environment in the market.

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