Brief: Shefa Gems Ltd Says Proposed Disposal Of Mining Business To Shareholders

Shefa Gems

01/06/2021 08:15

June 1 (Reuters) - Shefa Gems Ltd  SEFA.L :
    * SHEFA GEMS LTD  - PROPOSED COMBINED TRANSACTION
    * SHEFA GEMS LTD - PROPOSED DISPOSAL OF MINING BUSINESS TO
SHAREHOLDERS
    * SHEFA GEMS LTD - PROPOSES TO APPOINT NEW DIRECTORS AND TO
TERMINATE TENURE OF SOME OF CURRENT DIRECTORS OF BOARD
    * SHEFA GEMS LTD - PROPOSES SHARE CONSOLIDATION ON BASIS OF
100
ORDINARY SHARES OF NIS 0.1 EACH FOR 1 ORDINARY CONSOLIDATED
SHARE OF NIS 10.0 EACH

Source text for Eikon:  ID:nRSA2989Aa 
Further company coverage:  SEFA.L 

 ((Reuters.Briefs@thomsonreuters.com;))