Brief: Kenon Holdings Ltd Announces Issuance Of New Shares In Private Placement By Its Subsidiary OPC Energy Ltd.

Kenon Holdings

03/06/2019 18:05

June 3 (Reuters) - Kenon Holdings Ltd  KEN.N :
    * KENON HOLDINGS LTD ANNOUNCES ISSUANCE OF NEW SHARES IN
PRIVATE
PLACEMENT BY ITS SUBSIDIARY OPC ENERGY LTD.
    * KENON HOLDINGS LTD-OPC HAS AGREED TO ISSUE, SELL 5.2
MILLION NEW
ORDINARY SHARES AT PRICE OF NIS 23.17/SHARE TO LIMITED NUMBER OF
INSTITUTIONAL INVESTORS
    * KENON HOLDINGS LTD - SALE WILL REDUCE KENON’S INTEREST IN
OPC
FROM 75.8% TO 73.0% (71.8% ON A FULLY DILUTED BASIS).

Source text - (http://bit.ly/2QGf9q3)
Further company coverage:  KEN.N 

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