Dankner, Sultan exercise Modiin Energy warrants

Dankner-controlled IDB Development Corp. has exercised 619,061,428 warrants and Sultan has exercised 49,500,000 warrants.

Nochi Dankner and Tzahi Sultan are exercising all their Series 7 warrants in Modiin Energy LP (TASE:MDIN.L), one of the license-holders of the Myra and Sarah natural gas fields.

Dankner-controlled IDB Development Corp. Ltd. has exercised 619,061,428 warrants and Sultan has exercised 49,500,000 warrants.

Published by Globes [online], Israel business news - www.globes-online.com - on July 12, 2011

© Copyright of Globes Publisher Itonut (1983) Ltd. 2011

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