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    Home » Max Stock Limited: Immediate report of updated interested party holdings

    Max Stock Limited: Immediate report of updated interested party holdings

    adminBy adminMarch 9, 2023 Business No Comments2 Mins Read
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    Regulations 33(b) of the Securities Regulations (Periodic and Immediate Reports), 1970

    CAESAREA, Israel, March 9, 2023 /PRNewswire/ — Max Stock Limited (TASE: MAXO) (the “Company”) today reported the following updated holdings for one of its interested parties:

    Name

    Transactions

    Date range

    Opening
    balance
    of shares

    Closing
    balance
    of shares

    Max share
    price paid

    Starting

    %
    holdings

    Closing

    %
    holdings

    Y.D. More
    Investments Ltd.

    TASE share purchase

    Feb 5, 2023 – March 6, 2023

    8,030,284

    11,475,667

    ILS 7.09

    5.63 %

    8.05 %

    Breakdown of holdings into group entities:

    Name

    No. of shares held

    More Provident and Pension Ltd.

    10,188,708

    More Mutual Fund Management (2013) Ltd.

    1,286,959

    Details:

    Y.D. More Investments Ltd. (“More Investments”) holds more than 5% of Max Stock’s share capital through the mutual funds and provident funds managed by More Investments. More Investments is a public company jointly owned by Messrs. Eli Levi, Yosef Levi, Michael Meirov, Dotan Meirov, Binyamin Meirov and Yosef Meirov.

    This is an English translation of excerpts of a Hebrew immediate report that was published on March 9, 2023 (Ref. No: 2023-01025218- (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 56 locations throughout Israel. 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

    Accounting News & Issues Banking & Financial Services Max Stock Limited Retail Sales Reports
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