#Max Stock #Harel Insurance #TASE MAXO

Max Stock Limited Provides Immediate Report on New Interested Party Holdings

In a recent update that has garnered attention in the financial community, Max Stock Limited (TASE: MAXO) has disclosed an immediate report concerning new stakeholder holdings. This announcement was made on January 12, 2026, indicating a strategic maneuver aimed at enhancing the company's market positioning. The firm revealed new interested party Harel Insurance Investments Financial Services Ltd., which acquired a hefty 12,452,547 shares on January 8, 2026, at a share price of ILS 26.50. Following this transaction, Harel Insurance now holds a substantial 13.23% of the company's total shares, amounting to a total of 18,491,272 shares.

Breakdown of Holdings

The transaction signifies an important shift in share ownership dynamics within the company, particularly with the involvement of Harel Insurance. The holdings of Harel Insurance are further detailed as follows:

• - Nostro: 754,663 shares
• - Mutual Funds: 4,863,372 shares
• - Harel Amitim – Israel Equity Partnership: 12,873,237 shares

This distribution showcases a healthy mix of investment strategies within the Harel investment profile, underpinning the company's stabilizing influence in the Israeli financial landscape.

Notable Shareholders

The key figures behind Harel Insurance Investments include Yair Hamburger, Gideon Hamburger, and Nurit Manor, who serve as controlling shareholders. Their involvement is expected to bolster the company's strategic direction, given Harel's substantial financial muscle in the market.

Though the report highlights the changes in shareholdings, it’s important to note the nature of these stakes. The Harel Amitim Israel Equity Partnership's holdings are noteworthy as they include significant amounts associated with Harel provident funds. Notably, approximately 76.7% of these assets are allocated to profit-sharing insurance policyholders, while 23.3% forms the remaining investment capital.

Regulatory Compliance

This report is compliant with the Securities Regulations (Periodic and Immediate Reports) of 1970, ensuring that stakeholders and the market remain informed about significant changes in ownership and investment. The updated holdings are part of a transparent effort to keep investors and analysts informed about Max Stock's evolving corporate structure.

About Max Stock

Max Stock is recognized as Israel's leading extreme value retailer, operating across 64 locations nationwide. The company focuses on delivering a wide range of quality products that meet customers' everyday needs at competitive prices. Their motto,