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TVG TECHNOLOGIES UNITS BROKEN DOWN INTO COMMON AND WARRANTS

 NESS-ZIONA, Israel, Aug. 12 /PRNewswire/ -- TVG Technologies, Ltd. (NASDAQ: TVGUF), which commenced its initial public offering Monday, Aug. 9, announced that its public traded units are expected to trade in the component parts, as of Friday, Aug. 13, 1993. The units will continue to trade publicly.
 Each unit consists of 300 common shares (NASDAQ: TVGTF) and 50 Series "A" warrants (NASDAQ: TVGWF) exercisable at $5 until Aug. 5, 1998, and 50 Series "B" warrants (NASDAQ: TVGZF) exercisable at $7.50 until Aug. 5, 1998, and 50 Series "C" warrants (NASDAQ: TVGLF) exercisable at $10 until Aug. 5, 1998.
 -0- 8/12/93
 /CONTACT: Israel Bar, president of TVG Technologies, 011-972-8-406331, or Nathan Low, president of Sunrise Financial Group, 212-593-6483/
 (TVGUF)


CO: TVG Technologies, Ltd. ST: IN: SU:

PS-MP -- NY037 -- 2117 08/12/93 12:18 EDT
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Publication:PR Newswire
Date:Aug 12, 1993
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