Between quarterly updates of IANS, the data is checked on a weekly basis, in order to ensure that no substantial change has taken place. If substantial change has taken place, then IANS undergoes a weekly update, as follows:

1.      Precondition for weekly update

A weekly update shall take place if there is a difference of at least 10% between a company's current registered share capital against its IANS at the record date.

2.      Record date

Monday, at the end of the session (calendar).

3.      Update date

a.    Weekly updates of IANS shall take place on the first trading day of the week following the record date.

b.    No weekly update shall take place in any share that has undergone an immediate update of IANS during the week before the weekly update date.

c.      No weekly update shall take place in any share on the following dates:

i.  The period starting on December 15 and ending at the end of the week including January 7.

ii. The period starting on March 15 and ending at the end of the week including April 7.

iii.The period starting on June 15 and ending at the end of the week including July 7.

iv.The period starting on September 15 and ending at the end of the week including October 7.

4.      Comment:

If the TASE is closed for trading for two days among the days between Tuesday and Thursday, then there will be no weekly updates of IANS in the following week.

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