Regulations 33(c)-(d) of the Securities Regulations (Periodic and Immediate Reports), 1970
CAESAREA, Israel, April 8, 2024 /PRNewswire/ -- Max Stock Limited (TASE: MAXO) (the "Company") today announced holdings of interested parties and senior officers as of March 31, 2024:
Corporation's interested parties (including the CEO and directors, and including any other employee holding 5% or more of the corporation's issued share capital or voting rights):
Holder no.
Holder's Name
Name, class and series of security
Updated no. of securities
% holdings
% equity % voting
% holdings (on a fully diluted basis)
% equity % voting
1
Moose Holdco Ltd.
Max Stock Ordinary Share
39,350,594
28.23 28.23
27.96 27.96
2
Ori Max
Max Stock Ordinary Share
24,981,492
17.92 17.92
17.75 17.75
3
More Mutual Funds Management Ltd./ Y.D. More Investments Ltd.
Max Stock Ordinary Share
2,250,879
1.61 1.61
1.60 1.60
4
More Provident Funds and Pension Ltd.
Max Stock Ordinary Share
12,261,308
8.79 8.79
8.71 8.71
5
The Phoenix Holdings Ltd. – Life insurance accounts sharing in policies
Max Stock Ordinary Share
577,462
0.41 0.41
0.41 0.41
6
The Phoenix Holdings Ltd. - Nostro
Max Stock Ordinary Share
698,208
0.50 0.50
0.50 0.50
7
The Phoenix Holdings Ltd. - Provident funds and provident fund management companies
Max Stock Ordinary Share
12,163,935
8.73 8.73
8.64 8.64
8
The Phoenix Investment House Ltd. - Mutual funds management companies
Max Stock Ordinary Share
2,159,467.55
1.55 1.55
1.53 1.53
9
The Phoenix Investment House Ltd. - Market maker
Max Stock Ordinary Share
-3.15
0.00 0.00
0.00 0.00
10
Max Stock Ltd.
Max Stock Ordinary Share
3,658,971
0.00 0.00
0.00 0.00
11
Migdal Holdings Insurance & Finance Ltd – Life insurance policies sharing in policies..
B. Corporation's senior officers (excluding the CEO and directors, and excluding any other employee holding 5% or more of the corporation's issued share capital or voting rights):
Presented below is a summary table of the holdings of the corporation's senior officers:
Holder no.
Holder's Name
Name, class and series of security
Updated no. of securities
% holdings
% equity % voting
% holdings (on a fully diluted basis)
% equity %voting
10
Shlomo Cohen
Max Stock UP2020 share options
135,347
0 0
0.10 0.10
11
Nir Dagan
Max Stock UP2020 share options
115,813
0 0
0.08 0.08
12
Ifat Nir-Katz
Max Stock UP2020 share options
18,021
0 0
0.01 0.01
13
Paz Oz
Max Stock UP2020 share options
9,015
0 0
0.01 0.01
14
Shahar Kanizo
Max Stock UP2020 share options
23,619
0 0
0.02 0.02
15
Ofir Edri
Max Stock UP2020 share options
94,326
0 0
0.07 0.07
% holdings
% equity % voting
% holdings (on a fully diluted basis)
% equity % voting
0 0
0.29 0.29
The summary table below includes an overview of interested party holdings which were subject to a change in the reporting period:
Name
Balance in previous report
(31-Dec- 2023)
Change (+/-)
Maximal holding in period (%)
Minimal holding in period (%)
Comments
More Mutual Funds Management Ltd./ Y.D. More Investments Ltd.
2,370,734
-119,855
1.66 %
1.53 %
(*) 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.
More Provident Funds & Pension Ltd.
11,616,509
+644,799
8.79 %
8.12 %
See above.
The Phoenix Holdings Ltd. – Life insurance accounts participating in profits
0
+577,462
0.41 %
0 %
(*) Interested party is part of The Phoenix corporate group.
(**)
The Phoenix Holdings Ltd. - Nostro
733,707
-35,499
0.52 %
0.50 %
See above.
The Phoenix Holdings Ltd. – Provident Funds & Provident Fund Management Companies
14,109,683
-1,945,748
10.15 %
8.72 %
See above.
The Phoenix Investment House Ltd. – Mutual funds management companies
1,191,846.25
+967,621.30
1.55 %
0.85 %
See above.
The Phoenix Investment House Ltd. – Market maker
-530.85
+527.70
0.00 %
0 %
See above.
Migdal Insurance & Financial Holdings Ltd. – Life insurance accounts participating in profits
7,971,577
-
5.72 %
3.21 %
(*) Migdal Insurance & Financial Holdings Ltd. ("Migdal") holds more than 5% of Max Stock's share capital through the mutual funds and provident funds managed by the Migdal corporate group. Migdal is a public company which is ultimately controlled by Mr. Shlomo Eliyahu (64.28%).
The shareholder is a company jointly owned by one of the Company's directors, Mr. Guy Gissin and his wife.
Shlomo Cohen
167,853
-32,506
Exercise of employee options
Nir Dagan
135,813
-20,000
Exercise of employee options
Ifat Nir-Katz
33,021
-15,000
Exercise of employee options
(*) As notified to the Company by the interested party or to the best of the Company's knowledge.
(**) For a detailed description of which corporate entities are included as part of the interested party's reported holdings – please see the full text of the report dated April 4, 2024 published on the Tel Aviv Stock Exchange distribution website (MAYA).
This is an English translation of segments of a Hebrew immediate report that was published on April 7, 2024 (Ref. No. 2024-01-039684) (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 65 locations throughout Israel and 2 locations in Portugal that 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
