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Galileo Tech Ltd. — Delisting Announcement 2025
Jan 22, 2025
6815_rns_2025-01-22_35ffce38-f9a3-423b-be79-dfc7d8f248a0.pdf
Delisting Announcement
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22 January, 2025 450940.docx
To: TASE members
Dear Sir/Madam,
Re: Transfer to the Maintenance List
- Pursuant to our circulars dated July 11, 2024 and January 2, 2025, TASE reviewed the companies data as of January 21, 2025.
According to the data, the companies "GALILEO TECH" and "CANZON" are in non-compliance with the public holdings value and don't meet the conditions of the exemption for this cause.
- In light of the companies non-compliance with the requirement for public holdings value, their securities, as detailed below, will be transferred to the maintenance list on January 26, 2025.
| Company's name | Issuer no. | Security type | ISIN No. | Maintenance cause |
|---|---|---|---|---|
| GALILEO TECH | 1070 | Ordinary share | IL0010819832 | public holdings value |
| CANZON | 1304 | Ordinary share | IL0010960073 | public holdings value |
The letter M will be added to the companies names and to their securities names.
- According to TASE's Rules, a security that is traded on the maintenance list shall be delisted from trade if 48 months have passed from the date on which the security ceased to be traded in the framework of the main list, and the conditions for the renewal of its trade therein on the main list have not been fulfilled.
sincerely,
(-)
Listing companies Compliance Unit
הבורסה לניירות ערך בתל אביב בע"מ 03-5105379 :פקס, 076-8160411 :טל' • 6129001 תל אביב, 29060 ד"ת • 6525216 ג"מ www.tase.co.il