Swiss Takeover Board reduces mandatory offer price by CHF 1.00 to CHF 7.70 per share – procedural decision in connection with a pending request of Mrs. Cai to regard a successful closing of a potential reverse triangular merger as equivalent to the continuing tender offer obligation

Tel Aviv/Zurich, May 31, 2019 – SHL Telemedicine Ltd. (SIX Swiss Exchange: SHLTN, OTCPK: SMDCY) (“SHL”), a leading provider and developer of advanced personal telemedicine solutions, announced today that the Swiss Takeover Board (“TOB”) has instructed SHL to publish the resolutions of its order 672/07 dated May 29, 2019 regarding an adjustment of the offer price together with the resolutions of its preliminary order 672/06 dated May 2, 2019 in connection with a request of Mrs. Mengke Cai dated March 13, 2019:

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