This morning (December 26, 2017), the management of El-Mor Electricity rang the bell to open trading on TASE, to mark an offering of the company’s shares on TASE.
The company is engaged in creating and implementing electricity projects for construction and industry and in providing managements and maintenance services for electrical and solar systems. The company is also active in the fields of solar energy, development and manufacture of biogas facilities and energy efficiencies.
Meir Seroussi, CEO of El-Mor Electricity: “Thank you for the confidence you have shown in the offering; I will do my utmost not to disappoint anyone! In all our endeavors to date, we have acted fairly and honestly, and we consider hard work to be a virtue. I am not alone in this and have a wonderful team to support me. In brief: a winning team that strives, day and night to succeed and to maintain the company and El-Mor’s good name, as well as tirelessly providing service. That is the secret of our success".
Hani Shitrit Bach, EVP and Head of TASE’s Listings & Economics Department: “We are delighted that a new-industry company is joining TASE. In recent years, we have witnessed fewer traditional-industry companies growing and coming to TASE. TASE’s classic role has been to connect industry with the capital market. It is our belief that industrial companies are of considerable importance in developing the Israeli economy, establishing factories and generating employment. El-Mor Electricity joins the list of new companies that have been granted TASE trade listings this year, thereby bringing to 20 the number of new companies in 2017. The capital raised by these 20 new companies amounts to approx. NIS 3.8 billion, and their market value currently totals approx. NIS 14.2 billion. The company’s shares are expected to enter the TA-Growth Index and the TA-All Share Index with effect from the beginning of February”.
Pictured: Meir Seroussi, CEO and co-owner of El-Mor; Haim Gershon, CEO of El-Mor; Rina Yaacobi; Shai Yaacobi; El-Mor’s management; Hani Shitrit Bach, EVP and Head of TASE’s Listings & Economics Department; and Ittai Ben-Zeev, TASE’s CEO.
Photo credit: Guy Assiag, for no financial consideration.
