SimiGon Ltd.
("SimiGon" or the "Company")
Update related to Merger and Delisting schedule and the application for a restraining order with respect to the delisting
SimiGon Ltd. (LON: SIM) wishes to update its shareholders that Mr. Gal Erez has withdrawn his application for a restraining order concerning the Cancellation and Merger. The Lawsuit previously announced by the Company on February 21, 2022 and on February 24, 2022 remains in place. Additional information can be found on the Company's website at: https://www.simigon.com/ge-further-information.
The Company is therefore proceeding towards consummation of the Merger and the Cancellation albeit there has been a procedural delay to the timetable as previously notified. The following is the anticipated revised timetable (all in London time) regarding the completion of the Merger and the Cancellation:
If any of the above dates change, the revised dates will be notified to Shareholders through a Regulatory Information Service announcement with the dates following the Meeting.
[1] The Companies Law requires at least 30 days following approval of the Merger at the Meeting before the effective date of the Merger.
