|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||0.000 - 0.000|
|52 Week Range|
|PE Ratio (TTM)||-11.32|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||1.00|
Metalink Ltd. (MTLK) today announced that it will hold an Extraordinary General Meeting of Shareholders on Thursday, March 9, 2017, at 3:00 p.m. (Israel time), at the law offices of Goldfarb Seligman & Co., Ampa Tower, 98 Yigal Alon Street, Tel Aviv, Israel. The meeting was called at the request of Top Alpha Capital S.M. Ltd., an Israeli company wholly owned by Mr. Daniel Magen, who, to the Company's knowledge, owns approximately 53.4% of the issued and outstanding shares of Metalink. Item 1 requires the approval of a simple majority of the ordinary shares represented at the meeting.
Metalink Ltd. (MTLK), today announced that it has successfully completed its self tender offer to purchase up to 1,945,000 of its ordinary shares for $1.50 per share net to the seller in cash, less any required withholding taxes and without interest. The tender offer, which commenced on December 29, 2016, expired on Friday, February 3, 2017 at 5:00 p.m., New York time. Metalink has been advised by the depositary for the tender offer that, as of the final expiration of the tender offer, a total of 1,435,217 shares had been validly tendered and not properly withdrawn pursuant to the offer.
Metalink Ltd. (MTLK), today announced that all of the conditions have been satisfied for its previously-announced self tender offer to purchase a minimum of 134,543 and up to 1,945,000 of its ordinary shares for $1.50 per share net to the seller in cash, less any required withholding taxes and without interest. Metalink is providing an additional period of four calendar days, until 5:00 p.m., New York time, or 12:00 midnight, Israel time, on Friday, February 3, 2017, during which shareholders who, with respect to each share owned by them, did not respond to the offer, have notified Metalink of their objection to the offer, or have tendered such share but withdrawn their tender prior to January 30, 2017, may tender such shares. Metalink will purchase, subject to proration (if any), the shares validly tendered in the offer and not properly withdrawn prior to 5:00 p.m., New York time, or 12:00 midnight, Israel time, on Friday, February 3, 2017, the final expiration date of the offer.