July 14, 2009, Hod Hasharon, Israel - Leadcom Integrated Solutions Ltd., a leading international provider of innovative telecommunication solutions, was notified by Hermetic Trust (1975) Ltd., the trustee of the holders of the Company's debentures (Series A), of the results of the meeting of said debenture holders, held on 8 July, 2009, in Tel-Aviv. According to such notification, the debentures' holders have resolved (i) to approve, in principal, the outline for an arrangement between the company and the debenture holders, which was proposed by the Company. It was clarified that any comprehensive arrangement, deriving from said outline, would be subject to intensive negotiations between the Company, the debenture holders' representatives, and the banks, and to any required approvals; and (ii) to approve the reduction of the upcoming payment due to the debentures' holders from the Company on July 15th, 2009, from 15,765,000 New Israeli Shekels to 7,878,000 NIS, and to defer the payment of the remaining 7,887,000 NIS to August 31st, 2009.
IMPORTANT NOTE – Announcements or extracts of financial statements made available on the Company's website in English are done so as a courtesy to its English-speaking shareholders, for a limited period. The official versions of such announcements and/or financial statements are in Hebrew, and the Company is not responsible for any discrepancy between the Hebrew and English versions.
Enquiries:
Ron Belkine – Leadcom
Tel: +972 9 7690120
E mail: ronb@leadcom-is.com
|
