Representation of El Al in a public offering of options with a value of 250 million NIS

Representation of El Al in a public offering of options with a value of 250 million NIS

Partners Adi Zaltzman and Saul Adereth led the public offering for El Al. As part of the offering, El Al received orders to purchase options with a value of approximately 334 million NIS, some of which were fulfilled. As a result, El Al immediately raised a total of 250 million NIS. If all the options issued for El Al stocks are exercised in the future, an additional investment of approximately 375 million NIS will be made.

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