Save foods' board of directors decide to distribute plantify holdings to stockholders later in 2024

The company believes this strategic decision will add value to its stockholders at no additional cost neve yarak, israel, feb. 12, 2024 (globe newswire) -- save foods, inc. (nasdaq: svfd) (fse:80w), a pioneer in sustainable solutions for agriculture, announced today that its board of directors agreed to authorize the company's officers to begin preparing a distribution plan of save foods' holdings in plantify foods, inc. (ptfy.v) (“plantify”), which the company believes will launch later in 2024. as of the current date, save foods currently holds 85,008,698 common shares of plantify, representing 23.1% of the total number of issued and outstanding common shares of plantify.
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