Advanced Vision Technology Ltd. / Key word(s): Corporate Action 02.10.2014 18:16 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Capital Reduction Approved by Israeli District Court Hod-Hasharon, Israel, October 2, 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 announcements of September 17, and October 1st, 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 has become final today after the Israeli Tax Authority has informed the District Court that it does not object to the ruling. Therefore, per applicable Israeli law, the board of directors of the Company may opt to declare a distribution of dividends and/or adopt a share buy-back program, which will consume up to US$12 million of the Company's capital. 02.10.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- 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 ---------------------------------------------------------------------------
DGAP-Adhoc: Advanced Vision Technology Ltd.: Capital Reduction Approved by Israeli District Court
| Source: EQS Group AG