Company: BNRG
Filing Date: 2025-04-28
Form Type: F-1
Source: 0001213900-25-035754
Chunk: 45

Company: Brenmiller Energy Ltd.
Filing Date: 2025-04-28
Form: F-1
Chunk 45
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 the offer is accepted by a majority
of the offerees who notified the company of their position in connection with such offer (excluding the offeror, controlling shareholders,
holders of 25% or more of the voting rights in the company or anyone on their behalf, or any person having a personal interest in the
acceptance of the tender offer). If a special tender offer is accepted, then the purchaser or any person or entity controlling it or under
common control with the purchaser or such controlling person or entity may not make a subsequent tender offer for the purchase of shares
of the target company and may not enter into a merger with the target company for a period of one year from the date of the offer, unless
the purchaser or such person or entity undertook to effect such an offer or merger in the initial special tender offer.

However, under the Exemptions
Regulations, the aforesaid limitations regarding a “special” tender offer do not apply for an Israeli company whose shares
are listed outside of Israel, provided that if the applicable law as applicable to companies incorporated in the country which the Company
is listed for trade, provide a restriction on the acquisition of control of any proportion of the company or that the acquisition of control
of any proportion requires the purchaser to also offer a purchase offer to shareholders from among the public.

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If, as a result of an acquisition
of shares, the acquirer will hold more than 90% of an Israeli company’s outstanding shares or of a certain class of shares, the
acquisition must be made by means of a tender offer for all of the outstanding shares, or for all of the outstanding shares of such class,
as applicable. In general, if less than 5% of the outstanding shares, or of the applicable class, are not tendered in the tender offer
and more than half of the offerees who have no personal interest in the offer tendered their shares, all the shares that the acquirer
offered to purchase will be transferred to it by operation of law. However, a tender offer will also be accepted if the shareholders who
do not accept the offer hold less than 2% of the issued and outstanding share capital of the company or of the applicable class of shares.
Any shareholders that were an offeree in such tender offer, whether such shareholder accepted the tender offer or not, may request, by
petition to an Israeli court, (i) appraisal rights in connection with a full tender