#Israel #Max Stock #Caesarea #financial report

Max Stock Limited Releases Report on Holdings

Max Stock Limited, a prominent retailer in Israel, has announced the holdings of its interested parties and senior officers as of December 31, 2024. This report, issued on January 7, 2025, sheds light on the significant shareholders that influence the company's governance and financial standing.

In the report, which complies with the Securities Regulations of 1970, several key parties are identified. These include the CEO, directors, and major shareholders—any individual holding 5% or more of the company's issued share capital or voting rights.

Key Holdings Summary:

1. Moose Holdco Ltd. holds 39,350,594 ordinary shares, representing 28.21% of the equity.
2. Ori Max secures 24,981,492 shares, amounting to 17.91%.
3. More Mutual Funds Management Ltd./Y.D. More Investments Ltd. possesses 3,163,544 shares, accounting for 2.27%.
4. More Provident Funds and Pension Ltd. with 12,885,350 shares makes up 9.24% of the company's holdings.
5. Max Stock Ltd. itself holds 3,658,971 shares but indicates a zero percentage in equity considerations due to being the reporting entity.
6. Migdal Holdings Insurance claims shares through various financial instruments as well, including life insurance policies and mutual funds.
7. Other minor shareholders are listed, including Ibex Israel Fund LLP and Guy Gissin Advocates, owning smaller percentages of holdings as well.

Senior Officers’ Holdings:

Additionally, the report details the holdings of senior officers, excluding the CEO and directors, who do not meet the minimum shareholding threshold. The holdings of these individuals are critical to understanding internal confidence and potential conflicts of interest within the organization.

1. Shlomo Cohen holds options for 102,847 shares.
2. Nir Dagan has options for 48,987 shares.
3. Ofir Edri has 94,326 share options.

Throughout the last reporting period, there have been changes in these holdings. For example, More Mutual Funds Management Ltd. reported a decrease of 656,335 shares from the previous period, indicating a fluctuating investment strategy. Similarly, Migdal Holdings saw an increase in life insurance participation, reflecting a growing trust in Max Stock's market position.

Company Overview:

Max Stock Limited prides itself on being a leading extreme value retailer in Israel, with a robust presence of 64 stores nationwide. The company aims to provide quality products at affordable prices, embodying their motto, "Dream Big, Pay Small." The company’s focus extends beyond mere retail; it encompasses a commitment to enhancing customer experiences through value propositions.

Conclusion:

This report on holdings not only complies with regulatory requirements but also serves to inform investors and the public about the major players influencing Max Stock's strategic direction. As the company continues to navigate the competitive retail landscape, the stability offered by its current shareholding structure may bolster confidence among investors. For those interested in Max Stock's financial health and market position, staying updated with such reports is paramount.

For more information about Max Stock and its offerings, visit Max Stock's official site.