IGLD - Internet Gold - Golden Lines Ltd.
| Previous Close | 21.65 |
| Open | 22.08 |
| Bid | 21.50 x 800 |
| Ask | 28.24 x 1000 |
| Day's Range | 22.08 - 22.80 |
| 52 Week Range | 20.04 - 300.00 |
| Volume | 645 |
| Avg. Volume | 9,185 |
| Market Cap | 6.385M |
| Beta (3Y Monthly) | 1.52 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.82 |
| Earnings Date | Nov 18, 2019 - Nov 22, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2016-05-13 |
| 1y Target Est | 44.09 |
- 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 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 August 19, 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)(B) requiring companies on The Nasdaq Global Select Market to maintain a minimum of 750,000 publicly held shares. The Company has a 45 days period, until October 3, 2019, to submit a plan to regain compliance.
- 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.
- 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 29, 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. On July 18, 2019 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
Internet Gold Announced Receipt of Approval with respect of the Searchlight Transaction from the Israel Competition Authority
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 announcement dated June 24, 2019 with respect of signing of the definitive agreement for the ‘Searchlight Transaction’ which includes certain conditions to closing, including the receipt of antitrust approvals, the Purchasers have updated the Company today that the Israel Competition Authority approval with respect to the Searchlight Transaction was obtained. There is no certainty that the transaction will be consummated.
- GlobeNewswire
Internet Gold Announced that the Company Submitted to the Tel Aviv-Jaffa District Court a Petition to Approve an Arrangement Proposal Regarding Searchlight Transaction Pursuant to Section 350 of the Israeli Companies Law
Ramat Gan, Israel, July 09, 2019 -- Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced that.
- GlobeNewswire
Internet Gold Announced Signing of the Definitive Agreement for the Searchlight Transaction
Ramat Gan, Israel, June 24, 2019 (GLOBE NEWSWIRE) -- Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced signing of the definitive agreement for the ‘Searchlight Transaction’ by the parties thereto – the Company, B Communications Ltd. (“BComm”), Searchlight II BZQ, L.P. (“Searchlight SPC”) and T.N.R. Investments Ltd. (“Fuhrer SPC” and together with Searchlight SPC, the “Purchasers”). As previously announced by the Company, the transaction will include, inter alia, the sale by the Company of its entire holdings in BComm for an aggregate amount of NIS 225 million and an investment by the Company in BComm of NIS 345 million (comprised of the amount to be paid by the Purchasers and an additional amount of NIS 120 million).
- GlobeNewswire
Internet Gold Highlights Relating to Searchlight Transaction
Due to extraordinary trade in the Company’s shares on TASE (Israel) yesterday, the Company wishes to highlight the information that was previously announced in its public announcements, namely that if the Searchlight transaction is approved, executed and consummated, the proceeds to be received by the Company will not be sufficient to enable it to pay its debts, and the Company will initiate a creditors’ arrangement which will be submitted to the applicable Israeli court pursuant to Section 350 of the Israeli Companies Law. The Company anticipates that pursuant to such arrangement, the existing shares of the Company will be nullified.
- GlobeNewswire
Internet Gold Announced Updated Schedule for the Searchlight Transaction Documents
On June 20, 2019, the Company announced that the Company's board of directors approved the transaction with Searchlight Capital Partners and its Israeli partner (the “Purchasers”), considering, inter alia, the results of the Company’s debenture holders’ meetings. The Company further updated that considering the results of the Series C debentures of B Communications Ltd. (“BComm”), BComm approached the applicable court in order to receive instructions relating to the execution of the Share Purchase Agreement for the transaction.
- GlobeNewswire
Internet Gold Announced Board of Directors Approval and Results of Debenture Holders Meetings Regarding the Execution of the Searchlight Transaction Documents
Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced that the Company's board of directors' approved the transaction with Searchlight Capital Partners and an SPC controlled by the Fuhrer family (the “Purchasers”), including the execution of the share purchase agreement for the transaction (the “SPA”) and the ancillary documents. Details of the transaction including entire set of the transaction documents were submitted by the Company to the Securities and Exchange Commission on Form 6-K.
- GlobeNewswire
Internet Gold Announces Update in Transaction Documents (SPA) Received from Searchlight
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 announcements on June 13, 2019 and June 12, 2019, the Company received an updated draft of the SPA, which includes certain amendments relating to the pledge to be provided to B Communications Ltd.'s debenture holders. The amended provisions of the SPA were submitted to the U.S. Securities and Exchange Commission on Form 6K as exhibits 99.2.
- GlobeNewswire
Internet Gold Announced Update in Transaction Documents Received from Searchlight
Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced that following the Company's report from June 12, 2019, the Company received updated transaction documents, as submitted to the U.S. Securities and Exchange Commission on Form 6K as exhibits 99.2, 99.3 and 99.4 (the "Attached Documents"). The Attached Documents includes certain amendments, mainly a change in the definition of “Subscription Price Per Share”, which were updated to: "to be the lesser of (i) NIS 4.80, and (ii) a 25% discount on the volume-weighted average closing price per share of Ordinary Share on the TASE over the preceding thirty (30) trading days from the trading day immediately prior to the date of this Agreement".
- GlobeNewswire
Internet Gold Announced Receipt of Final Set of Transaction Documents from Searchlight
Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced receipt from Searchlight Capital Partners (“Searchlight”) of a final form of SPA (the “SPA”) and transaction documents for the transaction between Searchlight together with an entity wholly owned by the Fuhrer family which was designated by Searchlight to be its Israeli partner (together with Searchlight, the “Purchasers”), B Communications Ltd. ("Bcom") and the Company (the “Transaction”).
- GlobeNewswire
Internet Gold Receives Non-Compliance Notice From Nasdaq Regarding Maintenance of a Minimum Market Value of Publicly Held Shares of $5,000,000
Ramat Gan, Israel, June 03, 2019 (GLOBE NEWSWIRE) -- Internet Gold - Golden Lines Ltd. (the “Company”) (NASDAQ Global Select Market and TASE: IGLD), a holding company whose principal asset is a 51.95% stake in B Communications Ltd. (“B Communications”) (NASDAQ and TASE: BCOM), our subsidiary that owns 26.34% of Bezeq The Israel Telecommunications Corporation Limited, the leading communication group in Israel (BEZQ.TA), today reported that it received a notice from the Listing Qualifications Department of Nasdaq advising the Company that it is not in compliance with Rule 5450(b)(1)(C) requiring maintenance of a minimum market value of publicly held shares (MVPHS) of $5,000,000. The Company has a 180 days' period, until December 2, 2019, to regain compliance with the $5,000,000 MVPHS.
- GlobeNewswire
Internet Gold Announces Appointment of Principal Finance Officer
Ramat-Gan, Israel, June 03, 2019 (GLOBE NEWSWIRE) -- Internet Gold - Golden Lines Ltd. (NASDAQ Global Select Market and TASE: IGLD) (the “Company”) today announced that it has appointed Mr. Ran Nakel as the Company’s Principal Finance Officer (PFO) effective as of June 3, 2019. Mr. Ran Nakel has been an independent auditor since 2010 and acts as a financial manager or controller in several companies. In particular, since May 2018, Mr. Nakel has served as Controller at DeBeers Auction Sales Israel Ltd., since March 2017, Mr. Nakel has served as the Finance Adviser of Lloyds Register Group Limited (LR) and commencing from June 2019 serves as the legal representative of its Israeli branch.
- GlobeNewswire
Internet Gold Announces Filing of 2018 Annual Report
Ramat-Gan, Israel, May 15, 2019 (GLOBE NEWSWIRE) -- Internet Gold – Golden Lines Ltd. (NASDAQ Global Select Market and TASE: IGLD) (the “Company”), today announced that it has filed its Annual Report on Form 20-F containing audited consolidated financial statements for the year ended December 31, 2018 with the U.S. Securities and Exchange Commission. The annual report will be available on the Company’s website (www.igld.com). Shareholders may receive a hard copy of the annual report free of charge upon request.
- Simply Wall St.
Is Internet Gold - Golden Lines Ltd.'s (NASDAQ:IGLD) CEO Salary Justified?
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! In 2011 Doron Turgeman was appointed CEO of Internet Gold - Golden Lines Ltd. (NASDAQ:IGLD). First, this article w...
- GlobeNewswire
Internet Gold Reports Financial Results For the Fourth Quarter and Full Year of 2018
- The company withhold payments to its debenture holders until further notice and due to that long-term debt was classified to current maturities - Ramat Gan, Israel, March.
- Bloomberg
Bezeq Parent Gains After Searchlight Bids for Largest Stake
Searchlight Capital Partners LP bid 387 million shekels ($105 million) to buy Internet Gold’s controlling stake in B Communications Ltd., the largest shareholder in Bezeq Israeli Telecommunications Ltd., according to a Tel Aviv Stock Exchange filing Thursday. B Com was put up for sale as a means to settle the debts of financially troubled Eurocom Group, which took on massive loans to finance its takeover of Bezeq. Internet Gold, a Eurocom unit, is struggling to pay back about 600 million shekels of net debt.
