Le Lézard
Classified in: Science and technology, Business
Subject: ACC

Max Stock Limited: Immediate report of new interested party holdings


Regulations 33(e)-(f) of the Securities Regulations (Periodic and Immediate Reports), 1970

CAESAREA, Israel, Jan. 15, 2024 /PRNewswire/ -- Max Stock Limited (TASE: MAXO) (the "Company") today announced a new interested party:

 

Name

Transaction

Date of
transaction

Shares
purchased

Average
share
price
paid

No. of
shares
following
the
transaction

% Total
holdings
following
the
transaction

% Total
holdings
following
the
transaction
(fully
diluted
basis)

Migdal Insurance and Financial Holdings Ltd.

TASE share purchase

January 11, 2024

3,559,039

ILS 7.08

8,964,273

6.43 %

6.37 %

 

 

Breakdown of holdings (following the transaction), by group entities:

 

Name

No. of shares held

Profit sharing life insurance policies

7,971,577

Mutual fund management companies

992,696

 

Details:

Migdal Insurance and Financial Holdings Ltd. ("Migdal") holds more than 5% of Max Stock's share capital through the life insurance policies and mutual funds managed by it. Migdal is a public company whose ultimate indirect controlling shareholder is Mr. Shlomo and Ms. Haya Eliyahu (64.28%).

This is an English translation of excerpts of a Hebrew immediate report that was published on January 15, 2024 (Ref. No: 2024-01-006411 (hereinafter: the "Hebrew Version")). This English version is only for convenience purposes. This is not an official translation and has no binding force. Whilst reasonable care and skill have been exercised in the preparation hereof, no translation can ever perfectly reflect the Hebrew Version. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail.

About Max Stock
Max Stock is Israel's leading extreme value retailer, currently present in 63 locations throughout Israel and 2 locations in Portugal. We offer a broad assortment of quality products for customers' everyday needs at affordable prices, helping customers "Dream Big, Pay Small". For more information, please visit https://ir.maxstock.co.il

Company Contacts:
Talia Sessler,
Chief Corporate Development and IR Officer
[email protected]

 

SOURCE Max Stock Limited


These press releases may also interest you

at 14:42
Consumer M&A: Examining Challenges and Insights in Today's Market
Investor sentiment related to global supply chain risk and channel optimization has recently shifted. Growing geopolitical tensions between the U.S. and China and significant underperformance by high profile eCommerce businesses have caused investors...

at 14:36
Blue Cross Blue Shield of Massachusetts Celebrates National Bike Month and Supports Women's Wellness with Free Bluebikes Credits in May
Blue Cross Blue Shield of Massachusetts ("Blue Cross") today announced a new initiative aimed at supporting women's health in Greater Boston through...

at 14:30
TMX Group Consolidated Trading Statistics - April 2024
TMX Group Limited today announced April 2024 trading statistics for its marketplaces ? Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha), including Alpha-X & Alpha DRK, and Montréal Exchange (MX). All TMX Equities...

at 14:30
EREZ ASSET MANAGEMENT RESPONDS TO FALSE ACCUSATIONS IN WHITESTONE REIT'S PRESS RELEASE
Reiterates the Need for Change at Whitestone, the Shopping Center REIT that Trades at the Biggest Discount to NAV of its Cited Peers Notes the Irony of a Board Filled with Undisclosed Former Service Providers to Mr. Mastandrea Claiming that One Call...

at 14:19
Optimizely Named a Leader in B2B Commerce Solutions
Optimizely, the leading digital experience platform (DXP) provider, today announced it has been named a Leader in The Forrester Wavetm: Commerce Solutions for B2B, Q2 2024. In this evaluation, Optimizely was recognized for its strong testing and...

at 14:18
The Board of Loomis has resolved to continue to repurchase shares
The Board of Directors of Loomis AB has resolved to repurchase shares by virtue of the authorization granted by the Annual General Meeting 2024. The repurchase may commence on May 7, 2024, end not later than on June 24, 2024, and comprise an amount...

More news about Business...


News published on and distributed by: