Max Stock Limited Announces Immediate report on Termination of Shareholders' Agreement and Management Services Agreement
Regulation 36 of the Securities Regulations (Periodic and Immediate Reports), 1970
CAESAREA, Israel, Jan. 8, 2026 /PRNewswire/ -- Max Stock Limited (TASE: MAXO) (the "Company") today announced that further to the immediate report dated February 9, 2023(1), regarding the entry of Moose Holdco Ltd. ("Moose Holdco") and Ori Max Ltd. ("Ori Max," and together with Moose Holdco, the "Shareholders") into a Shareholders' agreement regulating their relationship regarding the Company shares, and further to Regulation 21a in Part D of the Company's Annual Report for the year 2024(2), regarding control of the Company (the "Annual Report"):
- On January 8, 2026, the Shareholders informed the Company that due to a decrease in Moose Holdco's holdings below 10% of the Company's share capital(3), the shareholders' agreement has expired in accordance with its provisions.
- In light of the above, Ori Max and Moose Holdco have ceased to be the controlling shareholders of the Company, and, as of this date, the Company no longer has a controlling shareholder.
- In addition, further to the approval by the Company's General Meeting of shareholders on September 18, 2025, of the extension of the Management and Consulting Services Agreement between the Company and Moose Holdco dated September 14, 2020 (the "Management Services Agreement")(4), the Company hereby updates that on January 8, 2026, the Management Services Agreement expired in accordance with its terms.
This is an English translation of segments of a Hebrew immediate report that was published on January 8, 2026 (Ref. No: 2026-01-003672 (hereinafter: the "Hebrew Version")). This English version is only for convenience purposes. This is not an official translation and has no binding force. Whilst reasonable care and skill have been exercised in the preparation hereof, no translation can ever perfectly reflect the Hebrew Version. 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]
(1) Reference No.: 2023-01-013354
(2) As published on March 19, 2025 (Reference No.: 2025-01-018092).
(3) For further details, see the immediate report dated January 8, 2026 (Reference No.: 2026-01-003521).
(4) For further details regarding the provisions of the Management Services Agreement, see the Company's notice convening the General Meeting of shareholders dated August 14, 2025 (Reference No.: 2025-01-060412), and its amendment dated September 10, 2025 (Reference No.: 2025-01-068613).
SOURCE Max Stock Limited
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