IGLD.TA - Internet Gold - Golden Lines Ltd.

Tel Aviv - Tel Aviv Delayed Price. Currency in ILS
4,473.00
-70.00 (-1.54%)
At close: 4:24PM IST
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Previous Close4,543.00
Open4,576.00
Bid4,401.00 x 65500
Ask4,434.00 x 124000
Day's Range4,350.00 - 4,650.00
52 Week Range3,948.00 - 97,860.00
Volume1,983
Avg. Volume1,020
Market Cap12.524M
Beta (3Y Monthly)1.38
PE Ratio (TTM)N/A
EPS (TTM)-2,685.37
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est98.00
  • GlobeNewswire

    Internet Gold Announces Completion of Searchlight Transaction

    Ramat Gan, Israel, Dec. 02, 2019 (GLOBE NEWSWIRE) --  Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (IGLD) today announced closing of the ‘Searchlight Transaction’ among the Company, B Communications Ltd. (“BComm”), Searchlight II BZQ, L.P. and T.N.R. Investments Ltd. (jointly, the “Purchasers”). At the closing of the transaction, the Company sold its entire holdings in BComm for an aggregate amount of NIS 225 million, while at the same time the Company made an investment in BComm of NIS 345 million (consisting of the amount paid for the BComm shares by the Purchasers and an additional amount of NIS 120 million).

  • GlobeNewswire

    Offers to Purchase Internet Gold's Shares

    This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor will there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. Due to extraordinary trade in the Company’s shares, the Company wishes to reiterate the information announced in the Company's public announcement that following the closing of the Searchlight Transaction, which is scheduled to occur on December 02, 2019, the Company will not be able to fully pay its debts and it intends to initiate a creditors’ arrangement which will be submitted to the applicable Israeli court pursuant to Section 350 of the Israeli Companies Law.

  • GlobeNewswire

    Internet Gold Announces Receipt of Offers to Purchase Internet Gold's Shares

    This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor will there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. As disclosed on October 6, 2019, the Company has been exploring potential strategic alternatives, including the sale of control of the Company as a shell company. Following ongoing efforts, the Company today announced it received several offers from potential investors for the purchase of the Company's shares (the “Transaction”).

  • GlobeNewswire

    Internet Gold Announces Withdrawing of the Appeal of NASDAQ Determination Regarding Delisting

    As disclosed on October 24, 2019, the Company received written notification (the “Notification”) from the Listing Qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company’s ordinary shares were subject to delisting from the Nasdaq Global Select Market, pending the Company’s opportunity to request a hearing before the Nasdaq Hearings Panel (the “Panel”). On October 30, 2019 the Company announced that it had requested a hearing before the Panel (the “Appeal”).

  • GlobeNewswire

    Update Regarding Appeal of NASDAQ Notice of Delisting

    As disclosed on October 24, 2019, the Company received written notification (the “Notification”) from the Listing Qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company’s ordinary shares were subject to delisting from the Nasdaq Global Select Market, pending the Company’s opportunity to request a hearing before the Nasdaq Hearings Panel (the “Panel”). On October 30, 2019 the Company announced it submitted an appeal of the Notification.

  • GlobeNewswire

    Internet Gold Reports Financial Results for the Third Quarter of 2019

    Ramat Gan, Israel, Nov. 18, 2019 -- Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD), a holding company whose.

  • GlobeNewswire

    Internet Gold Announces Update to Anticipated Schedule for Closing of the Searchlight Transaction

    Further to the Company's previous announcements with respect of the ‘Searchlight Transaction‘, the Company today announced that the anticipated schedule for closing of the Searchlight Transaction is December 2, 2019. There is no guarantee that the Searchlight Transaction will be completed, and if completed, the timing of closing of the transaction.

  • GlobeNewswire

    Internet Gold Announces Issuance of a Control Permit to Searchlight and T.N.R Investments

    Further to the Company's previous announcements with respect of the ‘Searchlight Transaction‘, Searchlight II BZQ, L.P. and T.N.R Investments Ltd. (the "Purchasers"), notified the Company that the Ministry of Communications has issued a control permit in Bezeq – The Israel Telecommunication Corp. Ltd. (the “Control Permit”) to the Purchasers. Issuance of the Control Permit is a condition to closing of the Searchlight Transaction.

  • GlobeNewswire

    Internet Gold Receives Notice Letter from Searchlight

    Ramat Gan, Israel, Nov. 06, 2019 (GLOBE NEWSWIRE) --  Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced that further to the Company’s previous reports regarding the Searchlight Transaction, the Company and B Communications Ltd. (“BComm”) received a letter from Searchlight II BZQ, L.P ("Searchlight"), indicating that pursuant to Section 8.1(d) of the Share Purchase Agreement dated as of June 24, 2019 (the “SPA”), if the Closing has not occurred by November 24, 2019 (the “End Date”), then either party has the right to deliver a notice to the other parties terminating the SPA. Searchlight further indicates that based on the advice of its counsel, if the Control Permit is not issued by the close of business today, then the Closing shall not occur prior to the End Date, due to the time period required to complete various actions between the issuance of the Control Permit and the Closing.

  • GlobeNewswire

    Internet Gold Announces Update Regarding Motion to Certify a Claim as a Derivative Claim with respect of B Communications Ltd. and the Company

    As detailed in the Company’s public announcement dated July 19, 2016 and in the updated description included in Item 8 (Legal Proceedings) in the Company’s 2018 Periodic Report (20F report), on July 2016, a motion to certify a claim as a derivative claim was filed with the Tel Aviv-Jaffa District Court (the “Court”) in which B Communications Ltd. ("BCOM"), the Company and members of BCOM’s Board of Directors were named as respondents, alleging that BCOM has unlawfully distributed dividend on June 2016. Within this context, the Company reported on July 19, 2019 that the Court has approved the filing of the claim as a derivative claim with respect to the Company and dismissed the claim against the members of BCOM's Board of Directors.

  • GlobeNewswire

    Appeal of NASDAQ Notice of Delisting

    As disclosed on October 24, 2019, the Company received written notification (the “Notification”) from the Listing Qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company’s ordinary shares were subject to delisting from the Nasdaq Global Select Market, pending the Company’s opportunity to request a hearing before the Nasdaq Hearings Panel (the “Panel”).

  • GlobeNewswire

    Internet Gold Receives NASDAQ Notice of Delisting

    Ramat Gan, Israel, Oct. 24, 2019 (GLOBE NEWSWIRE) --  Internet Gold - Golden Lines Ltd. (the “Company” or "Internet-Gold") (NASDAQ Global Select Market and TASE: IGLD) today announced that on October 22, 2019 it received a Notice of Delisting letter from the Listing Qualifications Department of Nasdaq. As previously disclosed, on August 19, 2019, the Company was advised that it no longer complied with the continued listing standard set forth in Listing Rule 5450(b)(1)(B) (i.e., the minimum 750,000 publicly held shares’ requirement). The Company submitted a plan to regain compliance on October 2, 2019, but Nasdaq Staff determined to deny the Company’s request for an extension.

  • GlobeNewswire

    Internet Gold Announces Anticipated Schedule for Closing of the Searchlight Transaction

    Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced, further to the Company’s report dated October 6, 2019, that B Communications Ltd. (“BComm”) announced an updated anticipated schedule for closing of the Searchlight Transaction.  According to BComm's announcement, the updated expected date for the closing of the Searchlight Transaction is November 7, 2019. There is no guarantee that all conditions to the closing of the Searchlight Transaction will be satisfied, including, among others, the issuance of a control permit to the Purchasers by the Israel Ministry of Communications.

  • GlobeNewswire

    Internet Gold Announces Anticipated Schedule for Closing of the Searchlight Transaction and Exploration of Strategic Alternatives

    Ramat Gan, Israel, Oct. 07, 2019 (GLOBE NEWSWIRE) --  Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced. According to BComm's report, the expected date for the closing of the Searchlight Transaction is October 31, 2019 (the “Closing Date”).

  • GlobeNewswire

    Internet Gold Receives Nasdaq Non-Compliance Notice

    Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced that on September 26, 2019 it received a notice from the Listing Qualifications Department of Nasdaq advising the Company that it was not in compliance with Listing Rule 5450(b)(1)(A) requiring companies under certain standards to maintain a minimum of $10,000,000 in stockholders’ equity for continued listing. The Company has a 45 days' period, until November 11, 2019, to submit a plan to regain compliance.

  • GlobeNewswire

    Internet Gold Regains Compliance with Nasdaq Minimum Bid Price Per Share Requirement

    Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD), today announced that on September 4, 2019, it received a letter from the Listing Qualifications Department of Nasdaq notifying the Company that it has regained compliance with the requirement to maintain a minimum bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1). It should be noted that as indicated in the Company's previous announcements dated June 4, 2019 and August 21, 2019, the Company received additional notices from the Listing Qualifications Department of Nasdaq relating to non-compliance with Listing Rule 5450(b)(1)(B) requiring a minimum of 750,000 publicly held shares and Rule 5450(b)(1)(C) requiring a minimum market value of publicly held shares of $5,000,000.

  • GlobeNewswire

    Internet Gold Reports Financial Results For the Second Quarter of 2019

    Ramat Gan, Israel, Aug. 29, 2019 --  Internet Gold - Golden Lines Ltd. (the “Company”) (NASDAQ Global Select Market and TASE: IGLD), a holding company whose principal asset is.

  • GlobeNewswire

    INTERNET GOLD ANNOUNCES APPROVAL BY THE TEL AVIV-JAFFA DISTRICT COURT OF THE COMPANY'S PETITION TO APPROVE THE ARRANGEMENT REGARDING THE SEARCHLIGHT TRANSACTION PURSUANT TO SECTION 350 OF THE ISRAELI COMPANIES LAW

    Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) announces today that Tel Aviv-Jaffa District Court has approved the Company's petition ("Petition") to approve the arrangement regarding the Searchlight Transaction pursuant to section 350 of the Israeli Companies Law (the “Arrangement”). The Petition was submitted to the Tel Aviv-Jaffa District Court on August 8, 2019 following the unanimous approval of the Arrangement by the meeting of the Company’s creditors held on July 30, 2019 and the approval by the meeting of the Company’s shareholders held on August 8, 2019. The meetings were convened in accordance with the Israeli court’s decision, as previously announced by the Company.

  • GlobeNewswire

    INTERNET GOLD ANNOUNCES 1-FOR-100 REVERSE SHARES SPLIT OF ORDINARY SHARES EFFECTIVE AS OF AUGUST 16, 2019

    Ramat Gan, Israel, Aug. 13, 2019 (GLOBE NEWSWIRE) --  Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) announces that the reverse shares split previously approved by the Company’s shareholders on August 8, 2019 shall become effective as of the commencement of trading on the NASDAQ on August 16, 2019. The first trading day of the consolidated ordinary shares on the Tel-Aviv Stock Exchange Ltd. is August 18, 2019. Pursuant to the reverse shares split, each 100 ordinary shares, NIS 0.01 nominal value per share, will be converted into one ordinary share, NIS 1.00 nominal value per share.

  • GlobeNewswire

    Internet Gold Announces Submission of a Petition to Approve an Arrangement Regarding Searchlight Transaction to the Tel Aviv-Jaffa District Court Pursuant to Section 350 of the Israeli Companies Law

    Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) announced that the Company submitted today to the Tel Aviv-Jaffa District Court a petition (“Petition”) requesting the court to approve the arrangement proposal regarding the Searchlight Transaction pursuant to section 350 of the Israeli Companies Law (the “Arrangement”). The Petition was filed following the unanimous approval of the Arrangement by the meeting of the Company’s creditors held on July 30, 2019 and the approval by the meeting of the Company’s shareholders held on August 8, 2019.

  • GlobeNewswire

    Internet Gold Announces Results of Annual and Extraordinary General Meeting of Shareholders

    The Company announces that the Annual and Extraordinary General Meeting of Shareholders of the Company (the “Meeting”) was held on August 8, 2019 at 2 Dov Friedman Street, Ramat Gan 5250301, Israel. To elect two directors: Moshe Lusky and Yahel Shachar to hold office until the Company’s next annual general meeting of shareholders.

  • GlobeNewswire

    Internet Gold Announces the Results of the Creditors Meeting relating to the Searchlight Transaction

    Further to the previous announcements by Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) with respect of the signing of the Searchlight Transaction and the Company's petition submitted to the Tel Aviv-Jaffa District Court, pursuant to Section 350(a) of the Israeli Companies Law, to issue an order to convene a meeting of the Company’s creditors (the "Creditors’ Meeting"), the Company announces today that the Creditors Meeting held on July 30, 2019 unanimously approved the Searchlight Transaction with the required majority under Section 350.