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Article: AMPAL-AMERICAN ISRAEL REPORTS MULTIPLE TRANSACTIONS BY MERHAV (M.N.F.)

Article from:
US Fed News Service, Including US State News
Article date:
October 1, 2008
Copyright

WASHINGTON, Oct. 1 -- Ampal-American Israel Corp. (AMPL), New York, has filed a Form 4 with the Securities and Exchange Commission noting the change in the beneficial interest held by Merhav (M.N.F.) Ltd., Herzliya, Israel.On Sept. 26 the action involved acquisition of 27,611 shares of stock. The company now owns 6 million shares of stock directly "wherein the reporting person, an Israeli corporation, is 100% owned by Yosef A. Maiman. Mr. Maiman is a director, the Chairman of the Board, President and Chief Executive Officer of the Issuer. In addition to the shares reported herein, Mr. Maiman indirectly owns (i) 18,850,153 shares through De Majorca Holdings Ltd. ("De Majorca"), an Israeli ...

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