O.M.S.T. Travel Ltd. announced that it has signed an agreement with an existing investor Babylon Ltd. (TASE:BBYL) for the private placement of preference shares for gross proceeds of $200,000 on January 6, 2017. Pursuant to the transaction, the investor will acquire a stake of about 2.68% in the company. Post the closing, the investor will hold about 44.35% stake in the company.