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  Limited Partnerships
 

Limited partnerships operating in one of the following areas may list on the TASE: 

  • Oil or gas explorations
  • Producing films for cinema, video, or television

Before units of a limited partnership can list for the first time, the general partner must buy partnership units, in cash, at the same price at which the units are allocated to the public, in the amount of NIS 12 million, or 20% of the partnership units, whichever is lower.

The public-float value of partnership units after listing must be no less than NIS 20 million.

The lock-up rules applicable to the holders of limited partnership units are the same lock-up rules that apply to shareholders of a new company.

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