Foreign Filer Report • Jun 18, 2018
Foreign Filer Report
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For the month of June 2018
(Name of Registrant)
2 Dov Friedman Street, Ramat Gan 5250301, Israel
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- __________
The following exhibit is attached:
99.1 Injunction for Proposed Agreement to Sell B Communications Shares to the Neuman Group
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
INTERNET GOLD-GOLDEN LINES LTD. (Registrant)
By /s/ Doron Turgeman
Doron Turgeman Chief Executive Officer
Date: June 18, 2018
99.1 Injunction for Proposed Agreement to Sell B Communications Shares to the Neuman Group
Ramat Gan, Israel – June 18, 2018 – Internet Gold – Golden Lines Ltd. (the "Company") (NASDAQ Global Select Market and TASE: IGLD).
The Company today announced that further to the Company's report regarding the negotiations for the sale of ordinary shares of its subsidiary, B Communications Ltd. ("BCom"), a temporary injunction was issued by the Tel Aviv-Jaffa District Court (the "Court") suspending the negotiations. The injunction was issued following a motion filed today, ex parte, by the special appointed managers of the Company's controlling shareholder, Eurocom Communications Ltd. ("Eurocom").
The Company must respond to the motion by June 20, 2018. The Court also added the Neuman Group, for response (with which negotiations were held for the sale of BCom shares, as reported).
The Company's Board of Directors has not yet approved the transaction in question, but the position of the Board of Directors is that the proposed transaction reflects a significantly higher value from the current market value and asset value of BCom, and therefore, these market conditions justify an immediate in-depth examination of the proposed transaction.
The Company will consult with its legal advisors and will respond at the appropriate time.
This Report may contain forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the industry, changes in the regulatory and legal compliance environments, the failure to manage growth and other risks detailed from time to time in Internet Gold – Golden Lines Ltd.'s filings with the Securities Exchange Commission. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement.
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