Ituran Location and Control Ltd Gives Notice of Extraordinary General Meeting of Shareholders

Author
SySAdmin
Posted
July 16, 2012
Views
1169

Page All:

Page 1
Ituran Location and Control Ltd Gives Notice of Extraordinary General Meeting of Shareholders

AZOUR, Israel, July 16, 2012/PRNewswire-FirstCall/ --

    Ituran Location and Control Ltd. (NASDAQ: ITRN , TASE: ITRN), announced today that an
extra ordinary general meeting of shareholders of Ituran Location and Control Ltd. (the
"Company") will be held at the Company's headquarters located at 3 Hashikma Street, Azour,
Israel, on September 11, 2012, at 14:30 p.m. local time for the following purpose:

   
    1) To approve the remuneration to be paid to Mr. Ze'ev Koren for serving as
      the Chairman of the Board of Directors of the Company commencing as of November 15,
      2011, as more fully described in the proxy statement.

    Only shareholders of record on August 6, 2012 are entitled to receive notice of and
vote at the Annual Meeting.

    About Ituran

    Ituran provides location-based services, consisting predominantly of stolen vehicle
recovery and tracking services, as well as wireless communications products used in
connection with its location-based services and various other applications. Ituran offers
mobile asset location, Stolen Vehicle Recovery, management & control services for
vehicles, cargo and personal security. Ituran's subscriber base has been growing
significantly since the Company's inception to over 623,000 subscribers distributed
globally. Established in 1995, Ituran has over 1,300 employees worldwide, provides its
location based services and has a market leading position in Israel, Brazil, Argentina and
the United States.

    For more information, please visit Ituran's website, at: http://www.ituran.com

   
    Company Contact:
    Eyal Sheratzky
    Co-Chief Executive Officer
    +972-3-5571314

Source: Ituran Location and Control Ltd

Title

Medium Image View Large