Global Knafaim Leasing management opened this morning (Sunday, July 30, 2017) trading in the Tel Aviv Stock Exchange (TASE), celebrating its IPO.
The company engages in the acquisition, financing, leasing, and sale of aircraft for airline companies around the world. It is a subsidiary of Knafaim Holdings, whose shares are traded on TASE.
Sidney Slasky, CEO at Global Knafaim: "Due, among other reasons, to changes in the field of aircraft leasing and in the world of aviation, we came to realize that GKL is ready to take yet another major step forward. It is only natural to have GKL shares traded here on TASE. The international aviation market is growing in all parameters, including a consistent growth in the market share of the leased aircraft, and we wish to continue taking part in this trend. I believe that along with our new partners, the shareholders from among the public, we shall meet these goals and move on to set new, higher goals. I would also like to take this opportunity to say thank you. While GKL is an aircraft leasing company, I always believed that the most important component is an off-balance component; it is the group's human resource - the wonderful team of Knafaim Group - who constitutes an inseparable part of GKL, and makes a true and significant contribution to the group's development and growth".
Hani Shitrit-Bach, SVP, Head of Listing and Economics Department of TASE: "Global Knafaim made its IPO at the beginning of July, joining 11 new companies that made their IPO on TASE this year. Along with Knafaim, these new companies raised approx. NIS 2.2 billion. It is worth mentioning that the new companies represent a variety of fields and sectors, including technology, trade and services, real estate, oil explorations, and financial services. Knafaim's bonds were issued on TASE in November 2010, so it is familiar to the capital market and the fact that it has now also trading its shares on TASE, is a testimony of its trust in the stock exchange and in the Israeli market. The company's shares are expected to join the TA-Growth Index and the TA-AllShare Index in the beginning of September 2017".
Ronen Tsioni, CEO of Knafaim Holdings; Eran Ben Menachem, CFO of Global Knafaim Leasing and Knafaim Holdings; Itamar Blum, Controller at Global Knafaim Leasing and Knafaim Holdings; Asaf Luzon, Lease Manager of Global Knafaim Leasing; Sidney Slasky, CEO of Global Knafaim Leasing; Shlomo Hanael, Chairman of the Board of Directors at Global Knafaim Leasing and at Knafaim Holdings; Johatan Shtark, Legal Counsel of Global Knafaim Leasing and at Knafaim Holdings and Hani Shitrit-Bach, SVP, Head of Listing and Economics Department of TASE
Photo (free-of-charge): Guy Assayag