Elbit Imaging Ltd (EMITF) 1.42 $EMITF
Elbit Imaging Ltd. Announces the Results of Extraordinary General Meeting of Shareholders of its Subsidiary Bucuresti Turism S.A
PR Newswire - Thu Feb 19, 4:10AM CST
Elbit Imaging Ltd. (TASE, NASDAQ: EMITF) ("Elbit" or the "Company"
announced today that at the extraordinary general meeting of shareholders of its approximately 77% holding subsidiary Bucuresti Turism S.A., which shares are traded on RASDAQ market ("BUTU", that took place on February 18, 2015, it was resolved, amongst other things, that BUTU will not take the necessary legal actions for the shares issued by it to be admitted for trading on a regulated market or to be listed on an alternate trading system. The Company's subsidiary which is the direct owner of the shares in BUTU voted in favor of the above resolution. BUTU is the owner of the hotel complex known as the "Radisson Blu" in Bucharest, Romania.
EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Results of its Extraordinary General Meeting
PR Newswire - Thu Jan 08, 8:46AM CST
Elbit Imaging Ltd. ("EI" (NASDAQ: EMITF) announced today the results of the Extraordinary General Meeting of its shareholders held today, Thursday, January 8, 2015, in Bnei-Brak, Israel.
EMITF: 1.42 (+0.03)
Where Opportunity is Found: Complementary Research on Dynagas LNG Partners, Ecology and Environment, El Pollo Loco, Elbit Imaging and Eldorado Resorts
PR Newswire - Thu Jan 08, 6:40AM CST
Moments ago, Analysts Review released new research updates concerning several important developing situations including Dynagas LNG Partners (NYSE: DLNG), Ecology and Environment (NASDAQ: EEI), El Pollo Loco (NASDAQ: LOCO), Elbit Imaging (NASDAQ: EMITF), and Eldorado Resorts (NASDAQ: ERI). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
DLNG: 20.66 (+0.97), ERI: 4.83 (+0.22), EEI: 8.67 (-0.17), LOCO: 27.00 (+1.11), EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Closing and Consummation of Sale of the Operation of "Mango"
PR Newswire - Mon Jan 05, 1:45PM CST
Elbit Imaging Ltd. ("EI" or "Company" (NASDAQ GSM: EMITF) announced today following its previous announcements dated October 12, 2014 and October 27, 2014, that its wholly owned subsidiary Elbit Fashion Ltd. ("Elbit Fashion" and Fox-Wisel Ltd. ("Fox" have completed the sale of the operation and business of "Mango" retail stores in Israel from Elbit Fashion to Fox (the "Closing", for consideration of approximately NIS 37.7 million, out of which NIS 4.9 million were deposited in escrow, subject to certain adjustments in accordance with the provisions of the transaction documents. Following the Closing and consummation of the transaction, Elbit Fashion has ceased to operate the "Mango" retail stores activity, and accordingly the said activity shall be classified as discontinued operation at the Company's financial statements.
EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Closing of Plaza's Rights Offering
PR Newswire - Fri Dec 19, 10:32AM CST
Elbit Imaging Ltd. (TASE, NASDAQ: EMITF) ("Elbit" or the "Company" announced today, following its announcements dated June 23, 2014, October 14, 2014 and November 28, 2014, that its subsidiary, Plaza Centers N.V. (LSE: PLAZ, WSE: PLZ/PLAZACNTR, TASE: PLAZ) ("Plaza", announced that it has successfully completed its rights offering, which forms part of its restructuring plan ("Rights Offering".
EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Calls Extraordinary General Shareholders Meeting
PR Newswire - Thu Dec 04, 4:09PM CST
Elbit Imaging Ltd. (NASDAQ: EMITF) (the "Company" announced today that it has scheduled an extraordinary general shareholders meeting to take place on Thursday, January 8, 2015 at 11:00 a.m. (Israel time), at the offices of the Company, located at 5 Kinneret Street, 32nd floor, Bnei Brak, Israel. The record date for the meeting is December 9, 2014.
EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Opening of Plaza's Rights Offering and Capital Injection for the Purpose of the Implementation of Plaza's Restructuring Plan
PR Newswire - Fri Nov 28, 11:52AM CST
Elbit Imaging Ltd. (TASE, NASDAQ: EMITF) ("Elbit" or the "Company" announced today, following its announcements dated June 23, 2014 and October 14, 2014, that its 62.25% owned subsidiary, Plaza Centers N.V. (LSE: PLAZ, WSE: PLZ/PLAZACNTR) ("Plaza", announced that Plaza's shareholders have approved the proposed rights offering (the "Rights Offering" which forms part of Plaza's restructuring plan. As previously announced, the Rights Offering will be priced at Euro 0.0675 per share. Plaza also announced that the Rights Offering is open.
EMITF: 1.42 (+0.03)
Elbit Imaging reports Q3 loss
Seeking Alpha - at Seeking Alpha - Tue Nov 25, 1:43PM CST
EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Third Quarter Results For 2014
PR Newswire - Tue Nov 25, 1:25PM CST
Elbit Imaging Ltd. (TASE, NASDAQ: EMITF) ("Elbit" or the "Company" announced today its results for the third quarter of 2014.
EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces That Insightec Awarded Approval in Japan for Treatment of Pain Palliation Caused by Bone Metastases and for Advanced Treatment of Uterine Fibroids
PR Newswire - Tue Nov 25, 6:29AM CST
Elbit Imaging Ltd. ("EI" or the "Company" (TASE, NASDAQ: EMITF) announced today that it was informed by InSightec Ltd. ("InSightec" that Japan's Ministry of Health, Labor and Welfare (MHLW) has approved InSightec's MR-guided Focused Ultrasound (MRgFUS) system for the treatment of pain palliation caused by bone metastases and advanced treatment for women with uterine fibroids. As a result, InSightec may expand its product portfolio for the Japanese market.
EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Pricing Change Ahead of Plaza's Proposed Rights Offering
PR Newswire - Tue Oct 14, 3:12AM CDT
Elbit Imaging Ltd. (TASE, NASDAQ: EMITF) ("Elbit" or the "Company" announced today following its announcement dated June 23, 2014 (the "Previous Announcement", that as part of the debt restructuring process of Plaza Centers N.V. ("Plaza", a public company listed on the London Stock Exchange and the Warsaw Stock Exchange in which the Company holds approximately 62.25% of the outstanding shares, that Plaza announced that the terms of rights offering to existing shareholders which will be undertaken by Plaza as part of its debt restructuring (the "Rights Offering" will be re-priced at EUR 0.0675 per share.
EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces The Commencement Of Negotiations For The Sale Of The Operation Of Mango Retail Stores
PR Newswire - Sun Oct 12, 1:54AM CDT
Elbit Imaging Ltd. ("EI" or "Company" (NASDAQ GSM: EMITF) announced today that following its previous announcement dated September 29, 2014 (reference 2014-02-165768), that its subsidiary Elbit Fashion Ltd. ("Elbit Fashion" received from PUNTO FA, S.L ("Punto" written notice of its intention not to extend the term of the franchise rights of Elbit Fashion for operation of the "Mango" retail stores in Israel, that Elbit Fashion and the Company are negotiating with Fox-Wisel Ltd. ("Fox-Wisel" and Punto the purchase of the operation of the Mango retail stores by Fox-Wisel (the "Transaction". The consideration expected under the Transaction is estimated at approximately NIS 28 million in addition to the price of Elbit Fashion's inventory that will be transferred to Fox-Wisel.
EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces That InSightec Announces HCSC Positive Coverage Decision For Its ExAblate Procedure For Pain Palliation Of Bone Cancer Metastases
PR Newswire - Sun Oct 05, 2:26AM CDT
Elbit Imaging Ltd. ("EI" or the "Company" (TASE, NASDAQ: EMITF) announced today that it was informed by InSightec Ltd. ("InSightec", that Health Care Service Corporation (HCSC) has published updates to their Magnetic Resonance Imaging-guided Focused Ultrasound (MRgFUS) coverage policy and is now providing benefits for InSightec's ExAblate® procedure as a treatment option cleared by the Food and Drug Administration (FDA) for patients suffering from pain associated with bone metastases.
EMITF: 1.42 (+0.03)
Elbit Imaging's subsidiary sells Kragujevac Plaza in Serbia for approximately EUR38.6m
M2 - Fri Oct 03, 6:39AM CDT
Elbit Imaging Ltd (TASE:EMITF) (NASDAQ:EMITF), an operator of businesses in the hotels, commercial centres, medical industries, fashion apparel and residential segments, disclosed on Thursday that its subsidiary Plaza Centers NV (LSE
LAZ) (WSELZ) (WSELAZACNTR) closed the sale of its shopping and entertainment centre, Kragujevac Plaza in Serbia, for about EUR38.6m.
EMITF: 1.42 (+0.03)
Elbit Imaging Ltd: The Company's Subsidiary, Plaza Centers N.V., Announces Sale of Kragujevac Plaza in Serbia
PR Newswire - Thu Oct 02, 9:51AM CDT
Elbit Imaging Ltd. ("EI" or the "Company" (TASE, NASDAQ: EMITF) announced today that its subsidiary, Plaza Centers N.V. (LSE: PLAZ, WSE: PLZ/PLAZACNTR) ("Plaza", a public company listed on the London Stock Exchange and the Warsaw Stock Exchange in which the Company holds approximately 62.25% of the outstanding shares, has announced that it has successfully completed the disposal of its shopping and entertainment centre, Kragujevac Plaza in Serbia for approximately EUR 38.6 million (approximately US$ 48.7 million), in line with the asset's last reported book value.
EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Receipt of Notice Concerning Operation of Mango Retail Stores
PR Newswire - Mon Sep 29, 1:16PM CDT
Elbit Imaging Ltd. ("EI" or "Company" (NASDAQ GSM: EMITF) announced today that its subsidiary Elbit Fashion Ltd. ("Elbit Fashion" received from PUNTO FA, S.L ("Punto" written notice of its intention not to extend the term of the franchise rights of Elbit Fashion for operation of the "Mango" retail stores in Israel, as granted under the agreement entered between Elbit Fashion and Punto on May 3, 2005 (the "Agreement" and to terminate the Agreement such that the vast majority of Elbit Fashion's "Mango" stores are scheduled to be closed on May 2015 while the remaining stores are scheduled to be closed during 2016 and 2017.
EMITF: 1.42 (+0.03)
Elbit Imaging Announces The Drawdown Of An Additional Euro 9 Million Under The Refinancing Agreement Of The Radisson Blu Hotel Complex, Bucharest, Romania
PR Newswire - Sun Sep 28, 1:20AM CDT
Elbit Imaging Ltd. ("Company" (TASE, NASDAQ: EMITF) announced today that its approximately 77% holding subsidiary, S.C. Bucharesti Turism S.A. ("BUTU", as borrower, the Company as a guarantor, certain other subsidiaries of the Company as additional obligors and a leading international European bank, as lender ("Lender", have entered into an amendment to the facilities agreement between the aforementioned parties entered into on September 16, 2011 (the "Facilities Agreement" which facilitates the drawdown of the second facility under the Facilities Agreement and that BUTU has consummated such drawdown in the amount of approximately Euro 9 million ("Tranche B Facility". The principal amount of the loan under the Facilities Agreement (the "Loan" following the drawdown of the Tranche B Facility, as of the date hereof, amounts to approximately Euro 64 million.
EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Investment of US$ 12.5 Million in Insightec by Shanghai GEOC Hengtong Investment Limited Partnership and Fortune China Limited
PR Newswire - Sun Sep 14, 3:36AM CDT
Elbit Imaging Ltd. ("EI" or the "Company" (TASE, NASDAQ: EMITF) announced today further to the Company's announcement dated June 29, 2014 and September 8, 2014 (the "Company's Previous Reports", that it was informed by InSightec Ltd. ("InSightec", of the closing of investment of US$ 12.5 million by Shanghai GEOC Hengtong Investment Limited Partnership and Fortune China Limited (jointly: the "Chinese Group".In the framework of the present investment round in InSightec, the Chinese Group has exercised the right granted thereto in the investment round documents (as specified in the Company's Previous Reports) and has acquired a total of 6,444,404 Series D preferred shares of InSightec, which represent approx. 5% of the share capital of InSightec on a fully diluted basis, in consideration for a total payment of U.S. $12.5 million. Upon the closing of the transaction, the, Elbit Medical's holding in InSightec is 37.6% (33.3% on a fully diluted basis).
EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Compliance With Nasdaq Minimum Bid Price
PR Newswire - Wed Sep 10, 2:46AM CDT
Elbit Imaging Ltd. ("EI" or "Company" (NASDAQ GSM: EMITF) announced today that the Nasdaq Global Select Market ("Nasdaq" has notified the Company it has regained compliance with Listing Rule 5450(a)(1) which requires that listed stocks maintain a closing bid price in excess of $1.00 per share.
EMITF: 1.42 (+0.03)
Elbit Imaging ltd. Announces an Execution of an Amendment to the Investment Agreement in InSightec and Extension of the Investment Period
PR Newswire - Mon Sep 08, 2:42AM CDT
Elbit Imaging Ltd. ("EI" or the "Company" (TASE, NASDAQ: EMITF) announced today further to the Company's announcement dated June 29, 2014 that it was informed by InSightec Ltd. ("InSightec", that an agreement for amendment of the investment agreement of June 26, 2014 has been signed (the "Amendment to the Investment Agreement" and the "Investment Agreement", respectively), in the framework of which, the period granted to Elbit Medical Technologies Ltd. and to the existing shareholders of InSightec (the "Existing Shareholders" to notify InSightec if they intend to purchase the shares of InSightec (as specified in the Company's report dated June 29, 2014), was extended until November 30, 2014.
EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces the Results of Extraordinary General Meeting of Shareholders of its Subsidiary Bucuresti Turism S.A
PR Newswire - Thu Feb 19, 4:10AM CST
Elbit Imaging Ltd. (TASE, NASDAQ: EMITF) ("Elbit" or the "Company"
announced today that at the extraordinary general meeting of shareholders of its approximately 77% holding subsidiary Bucuresti Turism S.A., which shares are traded on RASDAQ market ("BUTU", that took place on February 18, 2015, it was resolved, amongst other things, that BUTU will not take the necessary legal actions for the shares issued by it to be admitted for trading on a regulated market or to be listed on an alternate trading system. The Company's subsidiary which is the direct owner of the shares in BUTU voted in favor of the above resolution. BUTU is the owner of the hotel complex known as the "Radisson Blu" in Bucharest, Romania. EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Results of its Extraordinary General Meeting
PR Newswire - Thu Jan 08, 8:46AM CST
Elbit Imaging Ltd. ("EI"
(NASDAQ: EMITF) announced today the results of the Extraordinary General Meeting of its shareholders held today, Thursday, January 8, 2015, in Bnei-Brak, Israel. EMITF: 1.42 (+0.03)
Where Opportunity is Found: Complementary Research on Dynagas LNG Partners, Ecology and Environment, El Pollo Loco, Elbit Imaging and Eldorado Resorts
PR Newswire - Thu Jan 08, 6:40AM CST
Moments ago, Analysts Review released new research updates concerning several important developing situations including Dynagas LNG Partners (NYSE: DLNG), Ecology and Environment (NASDAQ: EEI), El Pollo Loco (NASDAQ: LOCO), Elbit Imaging (NASDAQ: EMITF), and Eldorado Resorts (NASDAQ: ERI). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
DLNG: 20.66 (+0.97), ERI: 4.83 (+0.22), EEI: 8.67 (-0.17), LOCO: 27.00 (+1.11), EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Closing and Consummation of Sale of the Operation of "Mango"
PR Newswire - Mon Jan 05, 1:45PM CST
Elbit Imaging Ltd. ("EI" or "Company"
(NASDAQ GSM: EMITF) announced today following its previous announcements dated October 12, 2014 and October 27, 2014, that its wholly owned subsidiary Elbit Fashion Ltd. ("Elbit Fashion" and Fox-Wisel Ltd. ("Fox" have completed the sale of the operation and business of "Mango" retail stores in Israel from Elbit Fashion to Fox (the "Closing", for consideration of approximately NIS 37.7 million, out of which NIS 4.9 million were deposited in escrow, subject to certain adjustments in accordance with the provisions of the transaction documents. Following the Closing and consummation of the transaction, Elbit Fashion has ceased to operate the "Mango" retail stores activity, and accordingly the said activity shall be classified as discontinued operation at the Company's financial statements. EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Closing of Plaza's Rights Offering
PR Newswire - Fri Dec 19, 10:32AM CST
Elbit Imaging Ltd. (TASE, NASDAQ: EMITF) ("Elbit" or the "Company"
announced today, following its announcements dated June 23, 2014, October 14, 2014 and November 28, 2014, that its subsidiary, Plaza Centers N.V. (LSE: PLAZ, WSE: PLZ/PLAZACNTR, TASE: PLAZ) ("Plaza", announced that it has successfully completed its rights offering, which forms part of its restructuring plan ("Rights Offering". EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Calls Extraordinary General Shareholders Meeting
PR Newswire - Thu Dec 04, 4:09PM CST
Elbit Imaging Ltd. (NASDAQ: EMITF) (the "Company"
announced today that it has scheduled an extraordinary general shareholders meeting to take place on Thursday, January 8, 2015 at 11:00 a.m. (Israel time), at the offices of the Company, located at 5 Kinneret Street, 32nd floor, Bnei Brak, Israel. The record date for the meeting is December 9, 2014. EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Opening of Plaza's Rights Offering and Capital Injection for the Purpose of the Implementation of Plaza's Restructuring Plan
PR Newswire - Fri Nov 28, 11:52AM CST
Elbit Imaging Ltd. (TASE, NASDAQ: EMITF) ("Elbit" or the "Company"
announced today, following its announcements dated June 23, 2014 and October 14, 2014, that its 62.25% owned subsidiary, Plaza Centers N.V. (LSE: PLAZ, WSE: PLZ/PLAZACNTR) ("Plaza", announced that Plaza's shareholders have approved the proposed rights offering (the "Rights Offering" which forms part of Plaza's restructuring plan. As previously announced, the Rights Offering will be priced at Euro 0.0675 per share. Plaza also announced that the Rights Offering is open. EMITF: 1.42 (+0.03)
Elbit Imaging reports Q3 loss
Seeking Alpha - at Seeking Alpha - Tue Nov 25, 1:43PM CST
EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Third Quarter Results For 2014
PR Newswire - Tue Nov 25, 1:25PM CST
Elbit Imaging Ltd. (TASE, NASDAQ: EMITF) ("Elbit" or the "Company"
announced today its results for the third quarter of 2014. EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces That Insightec Awarded Approval in Japan for Treatment of Pain Palliation Caused by Bone Metastases and for Advanced Treatment of Uterine Fibroids
PR Newswire - Tue Nov 25, 6:29AM CST
Elbit Imaging Ltd. ("EI" or the "Company"
(TASE, NASDAQ: EMITF) announced today that it was informed by InSightec Ltd. ("InSightec" that Japan's Ministry of Health, Labor and Welfare (MHLW) has approved InSightec's MR-guided Focused Ultrasound (MRgFUS) system for the treatment of pain palliation caused by bone metastases and advanced treatment for women with uterine fibroids. As a result, InSightec may expand its product portfolio for the Japanese market. EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Pricing Change Ahead of Plaza's Proposed Rights Offering
PR Newswire - Tue Oct 14, 3:12AM CDT
Elbit Imaging Ltd. (TASE, NASDAQ: EMITF) ("Elbit" or the "Company"
announced today following its announcement dated June 23, 2014 (the "Previous Announcement", that as part of the debt restructuring process of Plaza Centers N.V. ("Plaza", a public company listed on the London Stock Exchange and the Warsaw Stock Exchange in which the Company holds approximately 62.25% of the outstanding shares, that Plaza announced that the terms of rights offering to existing shareholders which will be undertaken by Plaza as part of its debt restructuring (the "Rights Offering" will be re-priced at EUR 0.0675 per share. EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces The Commencement Of Negotiations For The Sale Of The Operation Of Mango Retail Stores
PR Newswire - Sun Oct 12, 1:54AM CDT
Elbit Imaging Ltd. ("EI" or "Company"
(NASDAQ GSM: EMITF) announced today that following its previous announcement dated September 29, 2014 (reference 2014-02-165768), that its subsidiary Elbit Fashion Ltd. ("Elbit Fashion" received from PUNTO FA, S.L ("Punto" written notice of its intention not to extend the term of the franchise rights of Elbit Fashion for operation of the "Mango" retail stores in Israel, that Elbit Fashion and the Company are negotiating with Fox-Wisel Ltd. ("Fox-Wisel" and Punto the purchase of the operation of the Mango retail stores by Fox-Wisel (the "Transaction". The consideration expected under the Transaction is estimated at approximately NIS 28 million in addition to the price of Elbit Fashion's inventory that will be transferred to Fox-Wisel. EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces That InSightec Announces HCSC Positive Coverage Decision For Its ExAblate Procedure For Pain Palliation Of Bone Cancer Metastases
PR Newswire - Sun Oct 05, 2:26AM CDT
Elbit Imaging Ltd. ("EI" or the "Company"
(TASE, NASDAQ: EMITF) announced today that it was informed by InSightec Ltd. ("InSightec", that Health Care Service Corporation (HCSC) has published updates to their Magnetic Resonance Imaging-guided Focused Ultrasound (MRgFUS) coverage policy and is now providing benefits for InSightec's ExAblate® procedure as a treatment option cleared by the Food and Drug Administration (FDA) for patients suffering from pain associated with bone metastases. EMITF: 1.42 (+0.03)
Elbit Imaging's subsidiary sells Kragujevac Plaza in Serbia for approximately EUR38.6m
M2 - Fri Oct 03, 6:39AM CDT
Elbit Imaging Ltd (TASE:EMITF) (NASDAQ:EMITF), an operator of businesses in the hotels, commercial centres, medical industries, fashion apparel and residential segments, disclosed on Thursday that its subsidiary Plaza Centers NV (LSE
LAZ) (WSELZ) (WSELAZACNTR) closed the sale of its shopping and entertainment centre, Kragujevac Plaza in Serbia, for about EUR38.6m. EMITF: 1.42 (+0.03)
Elbit Imaging Ltd: The Company's Subsidiary, Plaza Centers N.V., Announces Sale of Kragujevac Plaza in Serbia
PR Newswire - Thu Oct 02, 9:51AM CDT
Elbit Imaging Ltd. ("EI" or the "Company"
(TASE, NASDAQ: EMITF) announced today that its subsidiary, Plaza Centers N.V. (LSE: PLAZ, WSE: PLZ/PLAZACNTR) ("Plaza", a public company listed on the London Stock Exchange and the Warsaw Stock Exchange in which the Company holds approximately 62.25% of the outstanding shares, has announced that it has successfully completed the disposal of its shopping and entertainment centre, Kragujevac Plaza in Serbia for approximately EUR 38.6 million (approximately US$ 48.7 million), in line with the asset's last reported book value. EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Receipt of Notice Concerning Operation of Mango Retail Stores
PR Newswire - Mon Sep 29, 1:16PM CDT
Elbit Imaging Ltd. ("EI" or "Company"
(NASDAQ GSM: EMITF) announced today that its subsidiary Elbit Fashion Ltd. ("Elbit Fashion" received from PUNTO FA, S.L ("Punto" written notice of its intention not to extend the term of the franchise rights of Elbit Fashion for operation of the "Mango" retail stores in Israel, as granted under the agreement entered between Elbit Fashion and Punto on May 3, 2005 (the "Agreement" and to terminate the Agreement such that the vast majority of Elbit Fashion's "Mango" stores are scheduled to be closed on May 2015 while the remaining stores are scheduled to be closed during 2016 and 2017. EMITF: 1.42 (+0.03)
Elbit Imaging Announces The Drawdown Of An Additional Euro 9 Million Under The Refinancing Agreement Of The Radisson Blu Hotel Complex, Bucharest, Romania
PR Newswire - Sun Sep 28, 1:20AM CDT
Elbit Imaging Ltd. ("Company"
(TASE, NASDAQ: EMITF) announced today that its approximately 77% holding subsidiary, S.C. Bucharesti Turism S.A. ("BUTU", as borrower, the Company as a guarantor, certain other subsidiaries of the Company as additional obligors and a leading international European bank, as lender ("Lender", have entered into an amendment to the facilities agreement between the aforementioned parties entered into on September 16, 2011 (the "Facilities Agreement" which facilitates the drawdown of the second facility under the Facilities Agreement and that BUTU has consummated such drawdown in the amount of approximately Euro 9 million ("Tranche B Facility". The principal amount of the loan under the Facilities Agreement (the "Loan" following the drawdown of the Tranche B Facility, as of the date hereof, amounts to approximately Euro 64 million. EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Investment of US$ 12.5 Million in Insightec by Shanghai GEOC Hengtong Investment Limited Partnership and Fortune China Limited
PR Newswire - Sun Sep 14, 3:36AM CDT
Elbit Imaging Ltd. ("EI" or the "Company"
(TASE, NASDAQ: EMITF) announced today further to the Company's announcement dated June 29, 2014 and September 8, 2014 (the "Company's Previous Reports", that it was informed by InSightec Ltd. ("InSightec", of the closing of investment of US$ 12.5 million by Shanghai GEOC Hengtong Investment Limited Partnership and Fortune China Limited (jointly: the "Chinese Group".In the framework of the present investment round in InSightec, the Chinese Group has exercised the right granted thereto in the investment round documents (as specified in the Company's Previous Reports) and has acquired a total of 6,444,404 Series D preferred shares of InSightec, which represent approx. 5% of the share capital of InSightec on a fully diluted basis, in consideration for a total payment of U.S. $12.5 million. Upon the closing of the transaction, the, Elbit Medical's holding in InSightec is 37.6% (33.3% on a fully diluted basis). EMITF: 1.42 (+0.03)
Elbit Imaging Ltd. Announces Compliance With Nasdaq Minimum Bid Price
PR Newswire - Wed Sep 10, 2:46AM CDT
Elbit Imaging Ltd. ("EI" or "Company"
(NASDAQ GSM: EMITF) announced today that the Nasdaq Global Select Market ("Nasdaq" has notified the Company it has regained compliance with Listing Rule 5450(a)(1) which requires that listed stocks maintain a closing bid price in excess of $1.00 per share. EMITF: 1.42 (+0.03)
Elbit Imaging ltd. Announces an Execution of an Amendment to the Investment Agreement in InSightec and Extension of the Investment Period
PR Newswire - Mon Sep 08, 2:42AM CDT
Elbit Imaging Ltd. ("EI" or the "Company"
(TASE, NASDAQ: EMITF) announced today further to the Company's announcement dated June 29, 2014 that it was informed by InSightec Ltd. ("InSightec", that an agreement for amendment of the investment agreement of June 26, 2014 has been signed (the "Amendment to the Investment Agreement" and the "Investment Agreement", respectively), in the framework of which, the period granted to Elbit Medical Technologies Ltd. and to the existing shareholders of InSightec (the "Existing Shareholders" to notify InSightec if they intend to purchase the shares of InSightec (as specified in the Company's report dated June 29, 2014), was extended until November 30, 2014. EMITF: 1.42 (+0.03)
