G. Willi-Food Announces Increase in Holdings of its President

Zwi Williger Purchased 138,100 Shares at $6 per Share

News provided by

G. Willi-Food International Ltd

Jul 21, 2010, 07:19 ET

YAVNE, Israel, July 21, 2010 /PRNewswire-FirstCall/ -- G. Willi-Food International Ltd. (NASDAQ: WILC) (the "Company" or "Willi Food"), a global food company specializing in the development, manufacture, marketing and international distribution of kosher foods, announced today that Mr. Zwi Williger, the Company's President and COO, increased his holdings in the Company. Mr. Williger reported to the Company that he recently increased his holdings in the Company by 138,100 shares at $6 per share, from 559,519 shares (4.12% of the Company's outstanding shares) to 697,619 (5.14% of the Company's outstanding shares).

Mr. Zwi Williger, President and COO of Willi-Food commented: "I am very pleased with the Company's performance and results in 2009 and in the first quarter of 2010. My acquisition of additional shares of the Company reflects my strong confidence about the future of the Company."

About G. Willi-Food International Ltd.

G. Willi-Food International Ltd. (http://www.willi-food.co.il) is an Israeli-based company specializing in high-quality, great-tasting kosher food products. Willi-Food is engaged directly and through its subsidiaries in the design, import, manufacture, marketing and distribution of over 1,000 food products worldwide. As one of Israel's leading food importers, Willi-Food markets and sells its food products to over 1,500 customers in Israel and around the world including large retail and private supermarket chains, wholesalers and institutional consumers. The company's operating divisions include Willi-Food in Israel; Gold Frost, a wholly owned subsidiary who designs, develops and distributes branded kosher, dairy-food products; and Shamir Salads, an Israeli manufacturer and distributor of a broad line of over 400 Mediterranean-style chilled salads.

    Contact:
    G. Willi Food International Ltd.
    Ety Sabach, CFO
    +972-8-932-1000
    [email protected]

SOURCE G. Willi-Food International Ltd

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

icon3
440k+
Newsrooms &
Influencers
icon1
9k+
Digital Media
Outlets
icon2
270k+
Journalists
Opted In
GET STARTED