That is an English translation of the Firm’s instant report in Hebrew that was printed on July 21, 2022 [Reference no. 2022-01-093382] (the “Hebrew Model“). This English model is just for comfort functions. This isn’t an official translation and has no binding impact. While cheap care and ability have been exercised within the preparation hereof, no translation can ever completely replicate the Hebrew Model. Within the occasion of any discrepancy between the Hebrew Model and this translation, the Hebrew Model shall prevail.
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מ”עב טירובס |
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SAVOREAT LTD. |
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(the “Firm“) |
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21 July, 2022 |
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To |
To |
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The Israeli Securities Authority |
The Tel Aviv Inventory Change Ltd. |
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www.isa.gov.il |
www.tase.co.il |
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Expensive Sir and Madam, |
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Re: Rapid Report |
The Firm is happy to report that Meitav Sprint Investments Ltd, a Firm’s precept
shareholder and an get together within the Firm (the “Principal Shareholder“), has requested on
20 July, 2022, to train all of its rights for shares of the Firm which it maintain (nostro and provident
- pension funds) pursuant to an funding settlement within the Firm dated 23 July, 2020 (and its modification dated 4 November, 2020)1 (the “Choice” and the “Funding Settlement“, respectively),
such that 53,492 choices for shares which the Principal Shareholder maintain will likely be exercised into 53,492
extraordinary shares of the Firm, at an train worth of US$ 8.88 for every possibility (that are NIS 30.609
per share, in line with the Financial institution of Israel’s US Greenback alternate charge of NIS 3.447, on the day the train
request was obtained), and in line with the phrases of the Choice. The Firm will publish accordingly
an instantaneous report on the change of its share capital.
About SavorEat
SavorEat Ltd. is creating a system for superior digital manufacturing of assorted varieties of plant-based
meat substitutes, the aim of which is to supply the buyer with a personalized consuming expertise
that’s as related as attainable (in style and texture) to consuming meat of animal origin. The primary product the
Firm focuses on is a plant-based burger.
Respectfully,
SavorEat Ltd.
1 For particulars relating to the Funding Settlement and the Choice, see sections 1.3 and 1.23(c) of Chapter A
(description of the company’s enterprise) of the Firm’s periodic report for 2021, filed with the MAGNA distribution system, on 9 March, 2022 (and amended on 17 March, 2022) [reference number 2022-01-027778] (the
“Annual Report“), which is hereby integrated by reference.
