#Israel #Max Stock #Caesarea #Meitav Investment #Investment House

Significant Stake Acquisition at Max Stock Limited

On February 2, 2026, Max Stock Limited, which is publicly traded under TASE: MAXO, made a crucial announcement regarding a fresh influx of investment into the company. The announcement reported that Meitav Investment House Ltd. has acquired a considerable number of shares in the company, signaling a potential for growth and enhanced market confidence.

Details of the Transaction

The specifics of the transaction indicate that Meitav Investment House purchased 26,948 shares at an average price of 27.698 ILS per share on January 29, 2026. Following this acquisition, Meitav Investment House holds a total of 6,994,416 shares, which represents 5.00% of the company's total holdings. Notably, this percentage is slightly diluted to 4.97% when considering a fully diluted basis.

This acquisition was facilitated by key controlling shareholders in Meitav, including prominent names such as Mr. Avner Stepak and Mr. Eli Barkat, along with Nir Barkat and Mr. Yuval Rachavi, all of whom have structured their investments through various financial vehicles and entities.

Background on Stakeholders

Mr. Eli Barkat is reported to control a sizable portion of the shares, holding 34% through entities under his control, while his brother, Nir Barkat, is listed as holding the stake through a trust, reflecting a dynamic portfolio structure that may provide additional strategic insights into their investment approaches.

Strategic Implications

The entrance of Meitav Investment House as a significant shareholder could suggest positive prospects for Max Stock Limited as it continues to operate in a challenging retail environment. With 64 locations currently nationwide, Max Stock serves as Israel's leading extreme value retailer. The company is known for offering affordable products that cater to everyday needs while maintaining a commitment to quality. The investment may bolster Max Stock's resources, enabling it to scale operations further and perhaps explore new markets or broaden its product assortment.

Future Prospects

As Max Stock pursues aggressive strategies to enhance customer engagement and drive sales, the backing from a respected investment house can provide a strong foundation for navigating upcoming challenges and capitalizing on market opportunities. Investors and market analysts will be closely monitoring how this new investment will influence the company's growth trajectory and operational strategies moving forward.

For inquiries regarding this announcement, Talia Sessler, Chief Corporate Development and IR Officer at Max Stock, can be contacted via email at [email protected].

Stay tuned for further developments as Max Stock embraces this stage of growth and transformation!