Max Stock Limited Announces Change in Shares Held by an Interested Party
CAESAREA, Israel, Aug. 28, 2025 /PRNewswire/ -- Max Stock Limited (TASE: MAXO); (the "Company", "Max Stock") announced today that on August 28th, 2025, Ibex Israel Fund LLLP ("Ibex") informed the Company that it had sold 7,315,547 shares of the Company, representing approximately 5.2% of the Company's share capital, at a price of NIS 19.00 per share. As a result, Ibex no longer holds any shares in Max Stock and will cease to be an interested party.
Details:
The Company has been informed that Ibex Israel Fund LLLP serves as the reporting entity both for itself personally as well as for Ibex Israel Public-Only LP which are jointly holding the Company's shares (the "Funds"). The Funds are both limited partnerships incorporated in the State of Delaware, USA. The Funds are indirectly controlled by their general partners Ibex GP LLC and Ibex Investors LLC, both of which are ultimately controlled by Mr. Justin Borus, a resident of the USA.
This is an English translation of segments of a Hebrew immediate report that was published on August 28, 2025 (Ref. No: 2025-01-065118) (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. 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
[email protected]
SOURCE Max Stock Limited
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