Cellcom Israel Ltd. to Terminate Registration and SEC Reporting Obligations
Cellcom Israel Ltd. (TASE: CEL) announced its intention to terminate the registration of its Ordinary Shares and reporting obligations with the SEC under the Securities Exchange Act of 1934. The filing under Form 15F will occur on February 9, 2022, suspending reporting requirements immediately, with the termination expected to be effective within 90 days barring SEC objections. Despite this change, the Company will continue to provide reports on its website in English, adhering to Rule 12g3-2(b).
- Continues to publish reports in English on its website, ensuring access to information.
- Termination of SEC registration and reporting may reduce transparency for investors.
NETANYA, Israel, Feb. 9, 2022 /PRNewswire/ -- Cellcom Israel Ltd. (the "Company") (TASE: CEL) hereby announces that it intends to terminate the registration of its Ordinary Shares, par value NIS 0.01 per share, and its reporting obligations under Section 15(d) of the Securities Exchange Act of 1934, as amended, with the United States Securities and Exchange Commission (the "SEC"). For this purpose, the Company intends to file with the SEC a certification under Form 15F today (February 9, 2022). Upon such filing, the Company's reporting obligations with the SEC will be suspended immediately. The termination of the Company's registration and reporting obligations is expected to become effective no later than 90 days after such filing if there are no objections from the SEC.
The Company will continue to publish reports it posts on the Israeli Securities Authority's site (Magna) on its website (http://investors.cellcom.co.il), in the English language, in accordance with Rule 12g3-2(b) under the Exchange Act.
CONTACTS
Cellcom Israel Ltd. | |
Shai Amsalem | Telephone: +972 52 998 4774 |
Chief Financial Officer | |
Elad Levy | Telephone: +972 52 998 4774 |
Investor Relations |
About Cellcom Israel
Cellcom Israel Ltd., established in 1994, is a leading Israeli communications group, providing a wide range of communications services. Cellcom Israel is the largest Israeli cellular provider, providing its cellular subscribers with a broad range of services including cellular telephony, roaming services, text and multimedia messaging, advanced cellular and data services and other value-added services in the areas of mobile office, data protection etc., based on Cellcom Israel's technologically advanced infrastructure. The Company operates advanced networks enabling high-speed broadband and advanced multimedia services. Cellcom Israel offers nationwide customer service including telephone customer service, retail stores, and service and sale centers. Cellcom Israel further provides OTT TV services, internet infrastructure and connectivity services and international calling services, as well as landline telephone services in Israel. For additional information please visit the Company's website http://investors.cellcom.co.il.
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SOURCE Cellcom Israel Ltd.
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