Kenon Holdings Ltd. (KEN)
NYSE · Common · CUSIP Y46717107
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Security Profile

Security Type
Common Stock
CUSIP
Y46717107
Market Cap
Mid Cap · $902 Million
Business: Kenon Holdings Ltd. is a holding company that will operate dynamic, primarily growth-oriented, businesses. The companies owns, in whole or in part, are at various stages of development, ranging from established, cash generating businesses to early stage development companies. The primary businesses are IC Power, a wholly-owned power generation company that has experienced profitable growth in its revenues and generation capacity since its inception in 2007, and Qoros, a China-based automotive company in which it has a 50% equity interest, that is seeking to deliver international standards of quality, safety, and innovative features to the large and fast-growing Chinese market and, which has recently commenced commercial sales. Non-primary interests include: (i) a 32% stake in ZIM, a global container shipping company, (ii) a 30% interest in TowerJazz Semiconductor, a NASDAQ and TASE-listed semiconductor manufacturer, and (iii) two businesses in the renewable energy sector, including Primus an innovative developer of an alternative fuel technology.
Notes: January 6, 2015 -- Kenon Holdings Ltd. (NYSE, TASE: KEN, LOGO ), announced that the shareholders of Israel Corporation Ltd. (TASE: ILCO), its board of directors and two committees of the board, have approved the spin-off of Kenon to Israel Corporation shareholders, and the expected closing date is January 7, 2015. The board of directors of Israel Corporation declared a pro rata dividend of the outstanding shares of Kenon, which will result in the legal and structural separation of the two companies. Kenon’s shares will begin trading in the U.S. on the New York Stock Exchange (NYSE) on or about January 6, 2015. The NYSE has indicated that Kenon’s shares will trade on a when-issued basis for an initial period. During this period, Kenon’s shares will trade under the ticker symbol of KEN WI. Regular-way trading on the NYSE will commence at a later date to be determined by the NYSE. At this stage, the ticker symbol will be changed to KEN.

Company Contact

CEO
Yoav Doppelt
CFO
Tzahi Goshen
Investor Relations
Kenny Green, Kenon@kgir.com · 646-201-9246 · barakc@kenon-holdings.com
SEC EDGAR Filings
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