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BRIEF-Alcobra announces cooperation agreement with Brosh Group

June 12 Alcobra Ltd:

* Alcobra announces cooperation agreement with Brosh Group and board additions

* Alcobra Ltd says company to continue strategic alternatives process

* Alcobra Ltd - appointed two new directors, Amir Efrati and Yuval Yanai, to Alcobra board of directors

* Alcobra Ltd - as of 2 new appointments, alcobra board consists of ten directors

* Alcobra Ltd - cooperation agreement also provides that co will continue its ongoing review of strategic alternatives

* Company's upcoming AGM will be postponed until september 1, 2017

* Alcobra Ltd - entered into a cooperation agreement with Brosh Capital Partners L.P. and certain of its affiliates

* Alcobra ltd - under terms of agreement, Brosh Group is subject to certain customary standstill and other provisions Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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