Babylon Files Registration Statement for Proposed Initial Public Offering

  Babylon Files Registration Statement for Proposed Initial Public Offering

PR Newswire

OR YEHUDA, Israel, Nov. 5, 2012

OR YEHUDA, Israel, Nov. 5, 2012 /PRNewswire/ --Babylon Ltd. (TASE: BBYL), a
global provider of translation software solutions and Internet search
services, today announced that it has filed a registration statement with the
U.S. Securities and Exchange Commission for a proposed public offering of its
ordinary shares in the United States. The size of the offering has not yet
been determined. Babylon intends to apply to have its ordinary shares quoted
on the NASDAQ Global Select Market under the ticker symbol "BBYL".

Citigroup and Jefferies are the joint book-running managers for the proposed
offering, RBC Capital Markets is lead manager for the proposed offering, and
Needham & Company, Oppenheimer & Co. and William Blair are the co-managers for
the proposed offering. A copy of the preliminary prospectus related to the
offering may be obtained when available from Citigroup, c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone:
+1 (800) 831-9146; or from Jefferies, Attention: Equity Syndicate Prospectus
Department, 520 Madison Avenue, 12th Floor, New York, NY 10022, e-mail:
Prospectus_Department@Jefferies.com, telephone: +1 (877) 547-6340.

A registration statement relating to these securities has been filed with the
United States Securities and Exchange Commission but has not yet become
effective. Copies of the registration statement can be accessed through the
SEC's website at www.sec.gov. These securities may not be sold nor may offers
to buy be accepted prior to the time the registration statement becomes
effective. This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such an offer, solicitation
or sale would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.

About Babylon

Babylon is global provider of translation software solutions and Internet
search services. The company provides its software and services through an
integrated, Internet-based platform. Babylon's ordinary shares have been
traded on the Tel Aviv Stock Exchange since 2007.

Contact

United States:
Jonathan Schaffer
Tel: +1 (212) 871-3953
Email: jonathan@blueshirtgroup.com 

Israel:
Reut Gilady
Tel: +972 (0) 52 720 2713 / +972 (0) 77 555 7713
Email: reut@scherfcom.com

SOURCE Babylon Ltd.
 
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