Amot Investment Ltd (TASE:AMOT) announced a private placement of 7,300,000 common shares of par value ILS 1 per share issued at a price of ILS 20.6 per share for gross proceeds of ILS 150,380,000 on March 31, 2019. The transaction will include participation from an institutional investor. The transaction has been approved by board of directors of the company. The securities issued in the transaction are subject to a hold period of 6 months.