Dolomite Holdings Ltd. (TASE:DLMT) announced a private placement of 2,976,190 new ordinary shares at ILS 0.84 for gross proceeds of ILS 2,499,999.6 on November 30, 2016. The shares carry a par value of ILS 1 each and will be issued at a discount. The transaction will include participation from existing investor, Nisim Dageldati. Nisim Dageldati will acquire the shares through an owned company. The transaction is valid for 90 days during which the Tel-Aviv Stock Exchange will approve the allotment of shares.