News Details

Director and Senior Management Share Dealing

SimiGon was informed on 31 March 2009 that Ami Vizer, a Director of the Company, exercised options over 1,322,074 shares in the Company ("Shares") on 30 March 2009. Further, Mr Vizer acquired 60,000 Shares on 1 April 2009 at a price of 5.8p per share. Following these transactions, Mr Vizer is now the beneficial owner of 3,044,574 Shares, representing 8.055 per cent. of the total issued share capital of the Company.

SimiGon was also informed on 31 March 2009 that Haim Yatim, a Director of the Company, acquired 70,000 Shares on 31 March 2009 at a price of 6 p per share. Following this transaction, Mr Yatim is now the beneficial owner of 70,000 Shares, representing 0.185 per cent. of the total issued share capital of the Company.

Finally, SimiGon is pleased to announce that certain senior management of the Company, who are not Directors, have acquired in aggregate a further 183,000 Shares in recent days. A total of 313,000 Shares were bought by Management and Directors.

Enquiries:
SimiGon Ltd
Ami Vizer, Chief Executive Officer
Haim Yatim, Chief Financial Officer +972 9 956 1777

Evolution Securities Ltd
Jeremy Ellis, Chris Clarke +44 (0)20 7071 4300