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| Shareholding structure - controlling shareholders |
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The Company is indirectly controlled by the Fishman Group, which rents and manages over 3.5 million square metres of commercial and industrial properties, as well as develops residential sites, across Israel, Europe and North America.
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The principal shareholders of the Company as of 30 June 2007, as set out in the shareholding structure, are as follows:
- Jerusalem Economic Corporation Ltd. (JEC) (a company traded on the Tel-Aviv Stock Exchange) 28%
- Industrial Buildings Corporation Ltd. (IBC) (65%-owned subsidiary of JEC and traded on the
Tel-Aviv Stock Exchange) 28%
- Darban Ltd. (a company traded on the Tel-Aviv Stock Exchange) 14%
All of the above shareholders are companies that are controlled, directly and indirectly, by the
Fishman Group.
The total issued ordinary share capital of the Company amounts to 100 million ordinary shares,
which are admitted to trading on AIM, a market operated by the London Stock Exchange.
30 million ordinary shares are held in public hands and there are no restrictions on the transfer
of ordinary shares.
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