Amiad (AIM: AFS), a leading global producer of water treatment and filtration solutions, announces that it has allotted 16,463 ordinary shares of NIS 0.5 each in the Company ("Ordinary Shares") following the exercise of options by Noam Shlasky, Chief Operating Officer, VP Operations, and a person discharging managerial responsibilities (PDMR) of the Company.
Following the options exercise, Mr. Shlasky has an interest in 16,463 Ordinary Shares representing 0.05% of the Company's enlarged issued share capital.
Application has been made to the London Stock Exchange for 16,463 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at