PARTNER COMMUNICATIONS ANNOUNCES NOTES BUYBACK
ROSH HA'AYIN, Israel, April 20, 2016 - Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ and TASE: PTNR), a leading Israeli communications operator, announces today, that further to the Company's press release and immediate report dated October 21, 2015, regarding the Board of Directors' resolution to approve a notes buy-back plan of the Company's series B, C and E notes, which are traded on the Tel Aviv Stock Exchange, the repurchases of the following notes were executed:
Note
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Quantity purchased (Par value)
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Transaction price ( NIS ,agorot )
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Total amount paid (NIS million)
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Date of purchase
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Partner Series C Notes
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54,135,000
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113.6
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61.5
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April 19, 2016
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The Company is acting to delist the purchased notes from trading.
For further information please see the Company's press releases and immediate reports (on Form 6-K) dated October 21, 2015 at:
https://www.sec.gov/Archives/edgar/data/1096691/000117891315003089/zk1517434.htm or http://maya.tase.co.il/bursa/report.asp?report_cd=997079 from March 22, 2016 at:
http://www.sec.gov/Archives/edgar/data/1096691/000117891316004769/0001178913-16-004769-index.htm or at:http://maya.tase.co.il/bursa/report.asp?report_cd=1025192
from March 23, 2016 at:
http://www.sec.gov/Archives/edgar/data/1096691/000117891316004788/zk1618255.htm or at http://maya.tase.co.il/bursa/report.asp?report_cd=1025466 and from March 29, 2016 at:
http://www.sec.gov/Archives/edgar/data/1096691/000117891316004889/zk1618283.htm or at:http://maya.tase.co.il/bursa/report.asp?report_cd=1026494
Forward-Looking Statements
This press release includes forward-looking statements, as this term is defined in Section 27A of the US Securities Act of 1933, as amended, Section 21E of the US Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the US Private Securities Litigation Reform Act of 1995. Words such as “will”, "believe", "anticipate", "expect", "intend", "strive", "seek", "plan", "could", "may", "foresee", "target", "objective", declensions thereof and similar expressions typically convey forward-looking statements, but these words are not the only words that convey these statements. Any statement, other than a statement of historical fact regarding the plan to repurchase our Series B, C and E Notes and any statements regarding other future events or our future prospects, are forward-looking statements.
The repurchase plan does not require the Company to continue to acquire any notes at all, or any specific amount of notes, and it may be modified, suspended, extended or discontinued without prior notice.
About Partner Communications
Partner Communications Company Ltd. ("Partner") is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony and internet services) under the "Partner" and "012 Smile" brands. Partner’s ADSs are quoted on the NASDAQ Global Select Market™ and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).
For more information about Partner see:
http://www.partner.co.il/en/Investors-Relations/lobby/
Contacts:
Mr. Ziv Leitman
Chief Financial Officer
Tel: +972-54-781-4951
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Ms. Liat Glazer Shaft
Head of Investor Relations & Corporate Projects
Tel: +972-54-781-5051
E-mail: investors@partner.co.il
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Partner Communications Company Ltd.
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By:
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/s/ Ziv Leitman |
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Name: Ziv Leitman |
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Title: Chief Financial Officer |
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Dated: April 20, 2016
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