Full Press Release Details
Disclosure for debenture holders as
Israeli Securities Law Regulations (Periodic
and Immediate Reports) 38e
| Principal payments | Gross interest payments (without deduction of tax) | Total | |
| ILS | |||
| First year * | 20,023,318 | 6,648,036 | 26,671,354 |
| Second year | 40,000,000 | 4,431,888 | 44,431,888 |
| Third year | 40,000,000 | 1,477,296 | 41,477,296 |
| Fourth year | |||
| Fifth year and on | |||
| Total | 100,023,318 | 12,557,220 | 112,580,538 |
*The payments include $23 thousand for loan
Israeli Securities Law Regulations (Periodic
and Immediate Reports) 10(b)13 and 48c(12)
| Issue Date | Par value at issuance (US Dollar) | Accumulated interest (US Dollar) | Book value (US Dollar) as of June 30, 2013 | Market Value (US Dollar) as of June 30, 2013 | Interest payment dates | Principal payment schedule | Type of interest | Converted to another security |
| 10/18/2009 | 27,639,580 | 170,124 | 25,458,282 | 35,234,936 | Quarterly payments on the outstanding debt, on December 1 st , 2009 and on March 1 st , June 1 st , September 1 st and December 1 st of each of the years 2010 to 2015. | Three installments: First installment of 20% on December 1, 2013 and two equal installments of 40% each on December 1, 2014 and December 1, 2015. | Bears annual interest at a variable rate, plus annual margin of 6.1% above the annual interest rate for Israeli Government Debentures (Series 817) for each interest period. | Yes |
MISHMERET TRUST COMPANY LTD, No.
Corporate 51-377133-7, Address: 46-48 Menachem Begin, Tel Aviv, Israel
Contact information: Rami Sveti, Vice President Telephone No.: 972-3-6374355, Fax No.: 972-3-6374344, e-mail ramis@bdo.co.il
| Security Details | Conversion ratio | Major Conversion Details |
| Ordinary shares of NIS 1 par value | From December 2 nd , 2012 to November 15 th , 2015, each NIS 37.12 par value debentures (Series C) may be convertible into one ordinary share of NIS 1 par value of the company. | Debentures may be converted each trading day from registration of the Debentures until November 15 th , 2015 except during November 16 th to December 1 st of each of the year 2013 and 2014. |