Max Stock Limited Reports Significant Change in Shareholding Status

On August 28, 2025, Max Stock Limited (TASE: MAXO) officially announced a pivotal development concerning its shareholding structure. According to the company’s press release, Ibex Israel Fund LLLP, which was once a significant stakeholder, has sold off a total of 7,315,547 shares of Max Stock, representing approximately 5.2% of the company’s entire share capital. This sale marks the complete divestment of Ibex from Max Stock, thereby ending its status as an interested party.

Details of the Transaction

This decision was communicated to Max Stock by Ibex Israel Fund after the transaction was executed at a price point of NIS 19.00 per share. Following this divestment, Ibex no longer holds any shares in Max Stock, effectively altering the ownership dynamics within the company. The divestment significantly impacts the financial landscape of Max Stock and opens up discussions regarding future ownership structures.

The sale involved shares held not only by Ibex but also by a related entity, Ibex Israel Public-Only LP, both of which operated as limited partnerships registered in the State of Delaware, USA. The control of both these funds resides with their general partners, Ibex GP LLC and Ibex Investors LLC, with the ultimate control exerted by Mr. Justin Borus, a resident of the USA.

Implications of the Share Sale

The complete exit of Ibex from Max Stock inevitably leads to speculation regarding the company’s next strategic moves. As one of Israel's leading extreme value retailers, Max Stock has a strong presence in the market with 64 stores across the country. This change could influence the company’s direction in terms of financial strategies and operational practices.

In recent years, Max Stock has made significant strides to diversify its product offerings and cater to customers looking for quality goods at affordable prices. The company aims to empower its customers to 'Dream Big, Pay Small,' and this focus on value might continue to attract consumer interest, particularly in today's challenging economic landscape.

Moreover, the removed presence of Ibex could result in an opportunity for other investors to step in, potentially introducing fresh capital and perspectives. Investors and analysts will undoubtedly keep a close eye on how this shareholding change unfolds and affects Max Stock's market strategies in the coming months.

About Max Stock

Max Stock is known as Israel's premier extreme value retailer, specializing in providing an extensive range of high-quality products aimed at fulfilling everyday needs for Israeli consumers. The company prides itself on maintaining affordability while ensuring customer satisfaction, a strategy that has proven successful across its many outlets.

For anyone interested in following the developments of Max Stock or exploring investment opportunities, further updates will be published on their official website. As they navigate through this transition, the focus will likely remain on sustaining their growth in a competitive retail environment while maintaining the value-driven approach that has characterized their success.

For more information about Max Stock, visit their investor relations page at Max Stock Investor Relations.