A.D.O Group to Examine Private or Public Offering by ADO Properties SA During the First Fiscal Quarter of 2018

TEL AVIV, Israel, January 2, 2018 /PRNewswire/ --

In light of A.D.O Group Ltd's ("ADOG") (TASE: ADO) 2018 work plan and in light of potential transactions of acquiring assets in Germany which are examined by it, ADOG board of directors instructed ADOG's management to examine private and/or public offering by ADO Properties SA (XETRA: ADJ) during the first fiscal quarter of 2018, by way of issuing shares, bonds or convertible bonds. As of today, there is no certainty of engaging in such transactions, all or any of them, or their timing, and there is no certainty of such offering.

Eyal Merdler
Tel.: +972-3-5416301
Email: eyal@ado.co.il

SOURCE A.D.O Group Ltd

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