Jacada Ltd. (Nasdaq:JCDA) (TASE:JCDA), a leading provider of customer service experience and process optimization solutions, today announced that its Board of Directors had resolved to delist the company’s ordinary shares from trading on the Tel Aviv Stock Exchange (TASE). Consequently, Jacada intends to apply to the TASE and request that the TASE initiate the delisting process.
Under Israeli law, the delisting of ordinary shares of a dual-listed company such as Jacada from trading on the TASE should become effective three months after the date of application to the TASE. During the interim period, the company’s ordinary shares will continue to be traded on the TASE. Jacada will announce the exact date of the delisting when it becomes available.
Jacada provides solutions that optimize and improve the effectiveness of customer interactions. Jacada unified desktop and process optimization solutions help companies reduce the cost of their operations, drive customer satisfaction and provide a complete return on investment in as little as 12 months after deployment.
Founded in 1990, Jacada operates globally with offices in Atlanta, USA; Herzliya, Israel; London, England; Munich, Germany; and Stockholm, Sweden. More information is available at
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