Radware Announces Extraordinary General Meeting
To effect a forward share split of the Company's ordinary shares at a ratio of
TEL AVIV, Israel, February 19, 2013
TEL AVIV, Israel, February 19, 2013 /PRNewswire/ --
Radware^® Ltd. (NASDAQ: RDWR), a leading provider of application delivery and
application security solutions for virtual and cloud data centers, today
announced that an Extraordinary General Meeting of Shareholders will be held
on Wednesday, March 27, 2013, at 3:00 p.m. (Israel time), at the offices of
the Company, 22 Raoul Wallenberg Street, Tel Aviv, Israel. The record date for
the meeting is February 19, 2013.
The agenda of the meeting is to authorize the Board of Directors to effect a
two-for-one (2:1) forward share split of Radware's ordinary shares and, in
connection therewith, amend the Company's Memorandum and Articles of
Association to change the number and par value of the Company's ordinary
shares from 30,000,000 ordinary shares, par value NIS 0.10 per share, to
60,000,000 ordinary shares, par value NIS 0.05 per share.
This proposal requires the approval of not less than 75% of the shares voted
on the matter.
Two or more shareholders holding together at least 35% of the voting power of
the Company will constitute a quorum. In the absence of requisite quorum, the
meeting shall be adjourned to the same day in the next week, at the same time
and place, unless otherwise determined at the meeting in accordance with the
Company's Amended and Restated Articles of Association.
Additional Information and Where to Find It
In connection with the meeting, Radware will send to its shareholders of
record a proxy statement describing the various matters to be voted upon at
the meeting, along with a proxy card enabling them to indicate their vote on
each matter. The Company will also furnish copies of the proxy statement and
proxy card to the Securities and Exchange Commission (SEC) on Form 6-K, which
may be obtained for free from the SEC's website at http://www.sec.gov, the
Company's website at http://www.radware.com or by directing such request to
the Company's Investor Relations above.
Radware (NASDAQ: RDWR), is a global leader of application delivery and
application security solutions for virtual and cloud data centers. Its
award-winning solutions portfolio delivers full resilience for
business-critical applications, maximum IT efficiency, and complete business
agility. Radware's solutions empower more than 10,000 enterprise and carrier
customers worldwide to adapt to market challenges quickly, maintain business
continuity and achieve maximum productivity while keeping costs down. For
more information, please visit http://www.radware.com.
Radware encourages you to join our community and follow us on; LinkedIn,
Radware Blog, Twitter, YouTube and the Radware Connect app for iPhone^®.
This press release may contain statements concerning Radware's future
prospects that are"forward-looking statements"under the Private Securities
Litigation Reform Act of 1995.Statements preceded by, followed by, or that
otherwise include the words "believes", "expects", "anticipates", "intends",
"estimates", "plans", and similar expressions or future or conditional verbs
such as "will", "should", "would", "may" and "could" are generally
forward-looking in nature and not historical facts. These statements are based
on current expectations and projections that involve a number of risks and
uncertainties. There can be no assurance that future results will be
achieved, and actual results could differ materially from forecasts and
estimates. These risks and uncertainties, as well as others, are discussed in
greater detail in Radware's Annual Report on Form 20-F and Radware's other
filings with the Securities and Exchange Commission. Forward-looking
statements speak only as of the date on which they are made and Radware
undertakes no commitment to revise or update any forward-looking statement in
order to reflect events or circumstances after the date any such statement is
made. Radware's public filings are available from the Securities and Exchange
Commission's website athttp://www.sec.govor may be obtained on Radware's
Chief Financial Officer
Corporate Media Relations:
Brian T. Gallagher
SOURCE Radware Ltd
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