Business Services Industry
Elbit Medical Imaging Ltd. Announces Material Change in Company's Holdings
Business Wire, August 12, 1999
TEL-AVIV, Israel--(BUSINESS WIRE)--Aug. 12, 1999--
Elbit Medical Imaging Ltd. ("EMI") announces that on August 6, 1999, Control Centers Ltd. sold all its holdings in EMI to Europe Israel (M.M.S.) Ltd. - namely: 2,221,151 shares par value NIS 1 each, which constitutes 9.7% of the outstanding share capital of EMI as of the date of this report (9.6% of the outstanding share capital of EMI on a fully diluted basis), for the sum of $21,882,772.
Following the above transaction, Europe Israel (M.M.S.) Ltd. holds a total of 11,014,453 shares in EMI, which constitutes 48.2% of the outstanding share capital of EMI (47.7% fully diluted).
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