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As of 3:59 PM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

partner communications-adr (PTNR) Key Developments

Partner Communications Company Ltd. to Approve Amendments to Provisions of Articles of Association

Partner Communications Company Ltd. at its extraordinary general meeting of shareholders to be held on April 2, 2015 will consider the approval of amendments to provisions of the company's Articles of Association regarding appointment of the qualified Israeli director to the company's board of directors.

PartnerCommunications Company Ltd. Announces Executive Changes

PartnerCommunications Company Ltd. announced the appointment of Adv. Nomi Sandhaus as the company's Vice President, Legal Counsel, Regulatory Affairs and Corporate Secretary. Adv. Nomi Sandhaus will commence her office on May 3, 2015. Adv. Nomi Sandhaus is joining the company after having served for five years as the chief legal advisor and Head of the Legal Division of Bank Leumi le-Israel B.M. Prior to that, Adv. Nomi Sandhaus served for thirteen years in other senior positions in the bank's legal division. Adv. Nomi Sandhaus holds an LL.B degree from Tel-Aviv University. Adv. Nomi Sandhaus will replace Adv. Roly Klinger, Vice President, Business Development, Legal and Regulatory Affairs, and Corporate Secretary who has asked to terminate her office after more than sixteen years of office in order to seek new endeavors.

Partner Communications Company Ltd. Enters into a Loan Agreement and the Execution of an Early Repayment

Partner Communications Company Ltd. announced that the company has engaged with a banking institution in an agreement regarding two immediate loans, as follows: A loan in the principal amount of ILS 120 million which will bear simple unlinked shekel interest at the rate of 3.17% per annum for 6 years, of which the principal will be paid in 12 equal quarterly payments from the fourth until the sixth year. (2) A loan in the principal amount of ILS 80 million, which will bear simple unlinked shekel interest at the rate of 2.75% per annum for 6 years, of which the principal will be paid in 22 equal quarterly payments as of October 2015. The company has executed an early repayment of a principle amount of NIS 177 million, as part of a bank loan that was to be repaid in December 2016. For this early repayment the company has paid a one-time early repayment fee in the amount of NIS 6 million.

Partner Communications Company Ltd. Announces Resignation of Yahel Shachar as Board of Directors, Effective December 31, 2014

Partner Communications Company Ltd. announced that it has received a notice from Yahel Shachar, with respect to his resignation from the company's Board of Directors, effective December 31. Yahel Shachar serves as a director in the company on behalf of Scailex Corporation Ltd. His resignation follows the forthcoming end of executive term at Scailex.

Partner Communications Company Ltd.(TASE:PTNR) dropped from TA-25 Index

Partner Communications Company Ltd. will be removed from the TA-25 Index.

 

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