B.S.D. Crown Ltd Company Update

 
TIDMBSD 
 
BSD Crown Ltd. (LSE: BSD) 
 
                                (the "Company") 
 
                                Company Update 
 
Ramat Gan, 11 November 2015 
 
Re: BGI Investments (1961) LTD - Extension of date for the Submission of 
response to the Motion for the Enforcement of Pledges and the Appointment of a 
Receiver - Filed in the District Court of Tel Aviv by the Trustee 
 
Further to the Company's announcement dated 27 October 2015 (available at 
www.bsd-c.com), regarding the urgent motions submitted by the trustee of the 
bondholders (Series 1) of BGI Investments (1961) LTD ("BGI"), the Company's 
controlling shareholder, to the District Court of Tel Aviv for the enforcement 
of pledges and the appointment of a receiver, the Company hereby announces that 
it has received a notification from BGI that following its agreement regarding 
the release of certain pledged deposits (an announcement about which was 
published by BGI on the Tel Aviv Stock Exchange publishing system - MAGNA on 4 
November 2015) and based on agreed motions filed with the Court, the Court has 
extended the date for submission of a response by BGI to 28 November, 2015. 
 
Enquiries: 
 
Emil Budilovsky, Joint CEO, CFO and Company Secretary; Emil@bsd-c.com 
 
 
 
END

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November 11, 2015 09:18 ET (14:18 GMT)

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