Lesico Ltd. is the sixth new company to be joining the TASE this year. Telrad Networks is the seventh new company, and will begin trading later this week.
The seven new companies have raised a total of approximately NIS 800 million.
Jechiel Leshman, Co-chairman of Lesico Ltd, said today: "We have checked a number of alternatives for raising capital, and at the end we opted for raising capital
in the Tel Aviv Stock Exchange (TASE), and rightly so.
"We shall continue to operate in accordance with our family values and organizational culture, the essence of which is meeting our obligations in an uncompromising way,
while constantly aiming for innovation and improvement. I take this opportunity to wish us all that we continue in the right path – a path of building and creation,
in accordance with the motto that we have accepted upon ourselves: We came to this land to build it, and to be built by it. Let it be."
Hani Shitrit-Bach, Senior Vice President, Head of Listing and Economics Department of TASE, said: "Lesico is the sixth company to be joining the TASE this year.
This year we already saw more companies joining the TASE than in 2015 and 2016 together, and more companies is in the pipeline. Lesico is an example for a family company.
It was established in 1969 by Mr. Shlomo Leshman, father to Jechiel and Yehuda Leshman, and by Yitzhak Siddi, father of Eran Siddi. Today, the third generation – Eyal and Rubbi Leshman
are managing the company. The company shares will enter in the beginning of August the following indices:
TA-Growth, TA-RealEstate and All Share. We wish the company success along the way."
Photo, left to right:
Hani Shitrit-Bach, Senior Vice President, Head of Listing and Economics Department of TASE; Silvian Alter, CFO at Lesico Ltd; Rubi Leshman, VP Holding and Franchising at Lesico Ltd.; Yitzhak Siddi, Lesico Ltd. Co-founder; Jechiel Leshman, Co-chairman at Lesico Ltd.; Eyal Leshman, CEO at Lesico Ltd.; and Anat Giron from the Listing Unit at the TASE.
Photo, free-of-charge: Guy Assayag.