DGAP-Adhoc: Advanced Vision Technology Ltd.: AVT's request

Advanced Vision Technology Ltd. / Key word(s): Corporate Action 17.09.2014 18:33 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- AVT's request to reduce its capital by up to US$ 12 million has been tentatively approved by the District Court in Tel Aviv, Israel Hod-Hasharon, Israel, September 17, 2014 - Advanced Vision Technology (AVT) Ltd., the world's leader in print process control, quality assurance and color control for the packaging, labels, folding cartons and commercial print markets, announced that the District Court in Tel Aviv, Israel, has tentatively approved the Company's request to allow the reduction of its capital by up to US$12 million. The court's ruling will become final on October 2, 2014, if the Israeli Tax Authority will not file an objection to this ruling prior to October 2nd. Once final, per applicable Israeli law, this ruling will enable the board of directors of the Company to opt to declare a distribution of dividends and/or adopt a share buy-back program, which will consume up to US$12 million of the Company's capital 17.09.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Advanced Vision Technology Ltd. Hanagar 6 45241 Neve Ne'eman, Hod Hasharon Israel Phone: +972 9 761-4444 Fax: +972 9 761-4555 E-mail: IR@avt-inc.com Internet: www.avt-inc.com ISIN: IL0010837248 WKN: 931340 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------