Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

PARTNER COMMUNICATIONS COMPANY LTD.

(PTNR)
  Report
Delayed Nasdaq  -  03:27 2022-09-30 pm EDT
7.230 USD   +0.28%
09/15Partner Communications : EXTRAORDINARY MEETING OF SHAREHOLDERS - Form 6-K
PU
09/15Partner Communications : Amended notice of extraordinary general meeting of shareholders
PU
09/01Partner Communications Names Dganit Kramer as Deputy CEO, Miri Takutiel as CFO
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsRevisionsFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

PARTNER COMMUNICATIONS ANNOUNCES RECEIVING A LAWSUIT

08/17/2022 | 03:27pm EDT

ROSH HA'AYIN, Israel, Aug. 17, 2022 /PRNewswire/ -- Partner Communications Company Ltd. ("Partner" or "the Company") (NASDAQ: PTNR) (TASE: PTNR), a leading Israeli communications operator, reports that on August 17, 2022, the Company received a lawsuit filed by Lapidot Capital Ltd. (the "Plaintiff"), that hold 2,173,126 of the Company's shares (the "Plaintiff's Shares"), in the Central District Court in Lod (the "Lawsuit").

Partner Communications Logo

The Plaintiff's Shares are currently registered under the Plaintiff's name in the Company's shareholder registry as Founding Israeli Shareholder shares, as defined in the Company's Articles of Association. As part of the Lawsuit, the Plaintiff claims that due to changes to the Company's MRT license, the Company's Articles of Association no longer require the registration of the Plaintiff's Shares under the Plaintiff's name in the Company's shareholder registry. Therefore, the Plaintiff is petitioning the Court to grant an order to the Company instructing it to register the Plaintiff's Shares in the Company's shareholder registry under the Company's nominee company (Mizrahi Tfahot Nominee Company Ltd.), as regular and free shares, in a manner that will allow trading the Plaintiff's Shares on the stock exchange and a declaratory relief according to which the Plaintiff is entitled to receive damages from the Company in the amount equal to the value of the Plaintiff's Shares according to the share price on the date the Lawsuit was filed, in addition to interest and linkage differences from the date the Lawsuit was filed until the day the damages are granted, to be offset by the value of the shares on the day the Plaintiff's Shares will be registered under the nominee company.

The Company is reviewing the Lawsuit. Due to the preliminary stage of the proceeding, the Company is unable to evaluate the probability of success of the Lawsuit.

About Partner Communications

Partner Communications Company Ltd. is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony, internet and television services). Partner's ADSs are quoted on the NASDAQ Global Select Market™ and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).

For more information about Partner see: http://www.partner.co.il/en/Investors-Relations/lobby

Contact:

Tamir Amar

Deputy CEO & Chief Financial Officer

Tel: +972 (54) 781 4951

Amir Adar

Head of Investor Relations & Corporate Projects

Tel: +972 (54) 781 5051

E-mail: investors@partner.co.il

Cision
View original content:https://www.prnewswire.com/news-releases/partner-communications-announces-receiving-a-lawsuit-301607951.html

SOURCE Partner Communications Company Ltd.


© PRNewswire 2022
All news about PARTNER COMMUNICATIONS COMPANY LTD.
09/15Partner Communications : EXTRAORDINARY MEETING OF SHAREHOLDERS - Form 6-K
PU
09/15Partner Communications : Amended notice of extraordinary general meeting of shareholders
PU
09/01Partner Communications Names Dganit Kramer as Deputy CEO, Miri Takutiel as CFO
MT
09/01Partner communications reports management changes
PR
09/01Partner Communications Company Ltd. Appoints Dganit Kramer as Deputy Chief Executive Of..
CI
09/01Partner Communications Company Ltd. Appoints Miri Takutiel as Chief Financial Officer
CI
09/01Partner Communications : Reports management changes
PU
08/17Partner communications announces receiving a lawsuit
PR
08/17Partner Communications : ANNOUNCES RECEIVING A LAWSUIT - Form 6-K
PU
08/11Transcript : Partner Communications Company Ltd., Q2 2022 Earnings Call, Aug ..
CI
More news