This morning (May 8, 2018), Eqital’s management opened the trading on the Tel-Aviv Stock Exchange (TASE) to mark the 40th anniversary of the company’s trading on TASE.
The company was set up under the name of Paz Oil Exploration and was first listed on TASE at the beginning of 1978. The company is currently engaged in two main Fields of activity: the income-producing real estate sphere in Israel and Europe and the oil and gas sphere in Israel and the USA. Equital is included in the TA-90 and TA-125 indices and the average daily turnover of its share stands at apx. NIS 900 thousand.
Eran Saar, Equital’s CEO: “during the past five years, our group has made 24 issuances, raising in excess of NIS 7 billion – an impressive figure that demonstrates the considerable importance of TASE’s liquidity. We shall continue to be a major player in the Israeli capital market and consider the capital market to be an important platform in promoting the groups businesses”.
Adi Barkan, EVP and Chief Compliance Officer at TASE: “Equital is a company that has been listed on TASE since 1978 and we are always proud to see long-established companies growing and prospering and raising money through issuances to finance their activities. We wish the company continued success for the benefit of its investors and for the capital market”.
