DGAP-Adhoc: Advanced Vision Technology Ltd.: District Court extends deadline for Israeli Tax Authority to respond to AVT's request for Capital reduction


Advanced Vision Technology Ltd.  / Key word(s): Corporate Action

01.10.2014 21:50

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District Court extends deadline for Israeli Tax Authority to respond to
AVT's request for Capital reduction

Hod-Hasharon, Israel, October 1, 2014 - Advanced Vision Technology (AVT)
Ltd., the world's leader in print process control, quality assurance and
color control for the packaging, labels, folding cartons and commercial
print markets, announced that further to the Company's announcement of
September 17, 2014, in respect of the tentative approval by the District
Court in Tel Aviv, Israel, of the Company's request to allow the reduction
of its capital by up to US$12 million, the Israeli Tax Authority has filed
today (October 1st) with the District Court a motion to extend by one day
(until October 2nd) the deadline for it to respond to this ruling. The
District Court agreed ex parte to extend the deadline as requested by the
Tax Authority.


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Language:     English
Company:      Advanced Vision Technology Ltd.
              Hanagar 6
              45241 Neve Ne'eman, Hod Hasharon
              Israel
Phone:        +972 9 761-4444
Fax:          +972 9 761-4555
E-mail:       IR@avt-inc.com
Internet:     www.avt-inc.com
ISIN:         IL0010837248
WKN:          931340
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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