Max Stock Limited announces immediate report of updated interested party holdings

Regulations 33(b) of the Securities Regulations (Periodic and Immediate Reports), 1970

CAESAREA, Israel, May 12, 2024 /PRNewswire/ — Max Stock Limited (TASE: MAXO) (the “Company”) today reported the following updated holdings for the members of an institutional reporting group belonging to The Phoenix Insurance Company Ltd. collectively holding more than 5% of the Company’s issued share capital:

 

Name

Transactions

Date

range

Opening

balance of

shares

Closing

balance of

shares

Average

transaction

 price per

share

Starting

%

holdings

Closing

%

holdings

The Phoenix

Holdings Ltd. –

Nostro

Custodian

sale

April 10, 2024

698,208

638,208

ILS 826. 56

0.50 %

0.46 %

The Phoenix

Holdings Ltd

– Life

insurance

accounts

participating

in profits

Decline in

holding

April 1, 2024

577,462

0

ILS 841.6

0.41 %

0 %

The Phoenix

Investments

House Ltd. –

Mutual

Funds

Investment

Companies

TASE share

purchase

May 8, 2024

2,159,467.55

2,671,652.7

ILS 848.2

1.55 %

1.92 %

The Phoenix

Investments

House Ltd. –

Market

Maker

TASE share

sale


-3.15

-35.3

849.1

0 %

0 %

The Phoenix

Holdings Ltd

– Provident

Funds and

Provident

Fund

Management

Companies

TASE share sale

May 8, 2024

12,163,935

9,407,951

849.73

8.73 %

6.75 %

 

This is an English translation of excerpts of a Hebrew immediate report that was published on May 12, 2024 (Ref. No: 2024-01-049092 (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 64 locations throughout Israel and two locations in Portugal which opened in 2023. 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

talia@maxstock.co.il

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SOURCE Maxstock

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