Partner has issued shares to institutional entities totaling NIS 276 million

Telecommunications Partner has issued shares to institutional entities totaling NIS 276 million. The total demand was about NIS 370 million. The closing price at the issue was NIS 15 per share, slightly more than the closing price of the stock in the market, which stood at NIS 14.7. Among other things, they participated in a public offering, lamp, Phoenix and Summits.
The public phase of the offering is expected on Monday. On Tuesday, Partner announced that it is reviewing NIS 250 million in capital raising and that there is no certainty as to whether the public offer will actually be made, nor about the schedules, conditions and amount. The deal was led by Discount Capital.