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Israeli Stock Exchange

Many companies are traded on Israel's Tel Aviv Stock Exchange. Criteria that companies must meet if they wish to go public include the following (numbers are in NIS millions):

	Procedure 1	Procedure 2	Procedure 3
Shareholders' equity after listing	25	35	-
Public-float value	20	30	80
Period of activity	12 months	12 months	-
Added value in the 12 months preceding listing	4	-	-
Value of issue	-	-	80
Value of the company's shares	-	-	200

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