Swiss Takeover Board proceeding against certain shareholders regarding potential mandatory tender offer

Tel Aviv / Zurich, 11 August 2017 – SHL Telemedicine Ltd. (SIX Swiss Exchange: SHLTN, OTCPK: SMDCY) (“SHL”), a leading provider and developer of advanced personal telemedicine solutions, announced that it has been informed by the Swiss Takeover Board of an application and complaint of Nehama & Yoram Alroy Investment Ltd. and Elon Shalev regarding the potential duty of Himalaya (Cayman Island) TMT Fund and/or Himalaya Asset Management Ltd. and/or Mr. Xu Xiang and/or GF Fund Management Co. Ltd. and/or Zhuhai Hokai Medical Instruments Co. Ltd. and/or Mrs. Cai Mengke to make a mandatory tender offer according to art. 135 of the Swiss Financial Market Infrastructure Act. The applicants of the application and complaint claim the share price of such potential mandatory tender offer to be CHF 8.70 per share. For more information Click here