TEL-AVIV, ISRAEL, Oct. 9, 2013 (GLOBE NEWSWIRE) -- Gazit-Globe (TASE:GZT) (NYSE:GZT), one of the world's leading multi-national real estate companies focused on acquisition, development and redevelopment of supermarket-anchored shopping centers in major urban markets, announced today that it has applied to list its ordinary shares for trading on the Toronto Stock Exchange (the "TSX"). Gazit-Globe has received the conditional approval of the TSX for the listing, subject to a number of standard listing conditions. It should be noted that the listing of the Company's ordinary shares on the TSX will not be accompanied by an equity offering by the Company. Upon listing, the Company's ordinary shares will trade on the Toronto Stock Exchange under the symbol GZT.
This report shall not constitute an offer to sell securities or a solicitation to purchase securities in Canada or in any other jurisdiction.
Roni Soffer, President of Gazit-Globe: "Canada has been a core market for Gazit-Globe over the past two decades and the listing on the TSX represents another step towards strengthening the Company as a global leader in commercial real estate. We have made significant efforts in recent years to increase international investors' awareness of the Company and we believe that this listing will further increase our visibility and accessibility to Canadian and other international investors."
FORWARD LOOKING STATEMENTS
This release may contain forward-looking statements within the meaning of the U.S. federal securities laws. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of known and unknown risks and uncertainties, many of which are outside our control, that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include risks detailed in our public filings with the SEC. Except as required by law, we undertake no obligation to update any forward-looking or other statements herein, whether as a result of new information, future events or otherwise.
Gazit-Globe is one of the largest owners and operators of supermarket-anchored shopping centers in major urban markets around the world. In addition, the Company is active in North America in the healthcare real estate sector. Gazit-Globe is listed on the New York Stock Exchange (NYSE:GZT) and the Tel Aviv Stock Exchange (TASE:GZT) and is included in the TA-25 and Real-Estate 15 indices in Israel. Gazit Globe owns and operates 592 properties in more than 20 countries, with a gross leasable area of approximately 6.7 million square meters and a total value of more than US$20 billion.
CONTACT: FOR ADDITIONAL INFORMATION Investors Contact: IR@gazitgroup.com Media Contact: firstname.lastname@example.org Gazit-Globe Headquarters, Tel-Aviv, Israel, Tel: +972 3 694 8000 / New York Office, Tel: +1 212 897 9741 www.gazitglobe.com