CAESAREA, Israel, July 1, 2024
/PRNewswire/ -- Max Stock Limited (TASE: MAXO) ("the Company",
"Max Stock") today announced that on
June 30th, 2024, The
Phoenix Insurance Company Ltd. (the "Phoenix") informed the Company that it and its
affiliated companies had sold 2,917,097 shares of the Company. The
transactions occurred in the open market of the Tel Aviv stock exchange at a price per share
ranging between ILS 9.51 – ILS 8.71. Following the above sale, the
Phoenix holds 9,800,679.40 shares
of the Company, which reflect ~7.0% of the Company's share
capital.
This is an English translation of segments of a Hebrew immediate
report that was published on July 1,
2024 (Ref. No: 2024-01-067012) (hereinafter: the "Hebrew
Version"). This English version is only for convenience
purposes. This is not an official translation and has no binding
force. 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 64 locations throughout Israel and 2 locations in Portugal. 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
View original
content:https://www.prnewswire.com/news-releases/max-stock-limited-announces-change-in-shares-held-by-an-interested-party-302186708.html
SOURCE Max Stock Limited