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ISSUANCE OF BONUS SHARES On June 14, 2002, in order to enable our Board to issue bonus shares, our shareholders assembly determined that the sum of up to NIS that was defined in our financial statements as premium on shares shall be transferred and re-classified as share capital. On June 14, 2002 our Board of Directors approved the issuance of bonus shares to all shareholders of the Company and such issuance will be completed prior to the effective date of this prospectus. Each holder of two ordinary shares of NIS 0.1 par value will be granted one ordinary share NIS 0.1 par value, for no consideration. In total, ordinary shares NIS 0.1 par value will be issued as bonus shares. Each option for ordinary shares will entitle the holder thereof, upon exercise of the option, to receive one bonus share for each two ordinary shares purchased upon exercise of the option. The goal of the bonus share issuance is to reward our existing shareholders with additional ownership as we seek additional trading markets for our shares. |
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| aus der Diskussion: | OTI nach Reverse Splitt: Auf zu neuen Kurshöhen! |
| Autor (Datum des Eintrages): | frequenzer (17.06.02 18:22:29) |
| Beitrag: | 28 von 49 (ID:6657161) |
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