Zur Shamir Holdings Ltd. (TASE:ZUR) announced a private placement of 225,000 common shares at an issue price of ILS 10.50 for gross proceeds of ILS 2,362,500 on June 13, 2019. The transaction will involve participation from one investor for 0.35% stake in the company. The shares have par value of ILS 1. The shares issued in the transaction will have a hold period of six months from the date of issuance. The registered share capital of the company is composed of 240,000,000 ordinary shares of par value ILS 1. The issued and paid up share capital of the company is of 64,729,008 ordinary shares of par value ILS 1. The transaction has been approved by the board of directors of the company.