WESURE TO INCREASE ITS 50.4% STAKE IN AYALON TO CLOSE TO 70%

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The executor of Levy Rachmani’s estate has announced that he is also selling to Wesure the balance of the Ayalon shares held by him * Shares were designated for Levy Rachmani’s son, Noga

Following the report of the sale of 50.4% of Ayalon shares to Wesure, the executor of the estate of the late Levy Rachmani has announced that it has been decided to sell to Wesure the 17% remaining balance of Ayalon shares, in accordance with the mechanism detailed in the agreement. As previously reported by Policy, these shares were originally designated for Levy Rachmani’s son, Noga.

 

 

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