Bezeq - Immediate Report - Notice of strike in Pelephone
Tel Aviv, Israel – June 7, 2018 – Bezeq The Israel Telecommunication Corp., Ltd. (TASE: BEZQ), announced that its subsidiary, Pelephone Communications Ltd. ("Pelephone") received a notice from the Cellular, Internet and High Tech Union affiliated with the New General Federation of Workers, concerning the declaration of a strike/stoppage under the Settlement of Labor Disputes Law, 5717-1957, commencing June 21, 2018 onwards (the “Notice").
According to the Notice, the matters in dispute are the intention to make organizational and structural changes in Pelephone, including a merger and consolidation of activities etc. with the Company and/or its subsidiaries, a demand by the employees' representatives to provide details and data on the planned organizational and structural changes and to hold the necessary consultations, and a demand to conduct negotiations for the signing of a collective agreement for the regulation of the rights of Pelephone's employees following the aforementioned organizational and structural changes.
Neither the Company and/nor Pelephone are able to evaluate the implications of the Notice at the present stage.
The above information constitutes a translation of theImmediate Reportpublished by the Company. The Hebrew version wassubmitted by the Company tothe relevant authorities pursuant to Israeli law, and represents the bindingversion and the only onehaving legal effect. This translation was preparedfor convenience purposes only.