SHL TELEMEDICINE LTD. Press release
The request for an interim injunction filed by shareholders against SHL Telemedicine Ltd. regarding the appointment of an external director was dismissed by Israeli court
Tel Aviv / Zurich, 24 January 2017 - SHL Telemedicine Ltd. (SIX Swiss Exchange: SHLTN, OTCPK: SMDCY) ("SHL"), a leading provider and developer of advanced personal telemedicine solutions, today announced that the request for an interim injunction filed against it and Ronen Harel (its external director) on January 12, 2017 by a group of shareholders of the Company, represented by Yariv Alroy, with respect to the appointment of Mr. Harel as an external director was dismissed today by the Tel Aviv district court. The court had thanked the parties for their willingness to accept the court's recommendation to dismiss same.
The lawsuit against SHL, Cai Mengke, and Himalaya Asset Management Limited (Himalaya) with respect to the plaintiffs' allegation that Cai Mengke and Himalaya should be declared controlling shareholders of SHL acting in concert will continue to be heard (at the request of the plaintiffs, Mr. Harel was deleted as a party to said lawsuit).
About SHL Telemedicine
SHL Telemedicine is engaged in developing and marketing personal telemedicine systems and the provision of medical call center services, with a focus on cardiovascular and related diseases, to end users and to the healthcare community. SHL Telemedicine offers its services and personal telemedicine devices to subscribers utilizing telephonic and Internet communication technology. SHL is listed on the SIX Swiss Exchange (SHLTN, ISIN: IL0010855885, Security No.: 1128957) and has an ADR program listed over-the counter; Symbol: SMDCY. For more information, please visit the web site at www.shl-telemedicine.com.
For further information, please contact:
Martin Meier-Pfister, IRF Communications, phone: +41 43 244 81 40, shl@irfcom.ch
Ehud Ben-Yair, CFO, ehudb@shl-telemedicine.com
| Provider | Channel | Contact | ||
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Tensid EQS Ltd., Switzerland www.tensid.ch |
newsbox.ch www.newsbox.ch |
Provider/Channel related enquiries marco@tensid.ch +41 41 763 00 50 |
