Agreement Signed – Purchase of Compound known as "Zrifin Logistic Park"

03 Oct, 2021

 

Ramat Gan, September 14, 2021
To
The Israeli Securities Authority
The Tel Aviv Stock Exchange
 
Re:  Agreement Signed – Purchase of Compound known as "Zrifin Logistic Park"
Pursuant to the Company's Immediate report dated 12th September 2021 (ref. number 2021-01-077848) (herein: "Previous report") regarding the acceptance of the Company's proposal to acquire the rights for "Zrifin Logistic Park" (herein: "The Compound"), for a price of NIS 1,518 million plus VAT (herein: "The fee"), the Company is delighted to report that on September 13, 2021 the Purchase Agreement was signed by both parties, and the Company has transferred the first payment for purchase of the compound, at an amount equal to 30% of the total price, i.e. NIS 455.5 million + VAT. This payment was completed out of the Company's self-capital as well as leveraging its credit frameworks.
As specified in the previous report, the remainder of the price, plus VAT, shall be paid no later than October 10, 2021.
 
Respectfully,
AMOT Investments Ltd.