Max Stock Limited announces immediate report of updated interested party holdings

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May 12, 2024, 04:17 ET

Regulations 33(b) of the Securities Regulations (Periodic and Immediate Reports), 1970

CAESAREA, Israel, May 12, 2024 /PRNewswire/ -- Max Stock Limited (TASE: MAXO) (the "Company") today reported the following updated holdings for the members of an institutional reporting group belonging to The Phoenix Insurance Company Ltd. collectively holding more than 5% of the Company's issued share capital:

Name	Transactions	Date range	Opening balance of shares	Closing balance of shares	Average transaction price per share	Starting % holdings	Closing % holdings
The Phoenix Holdings Ltd. - Nostro	Custodian sale	April 10, 2024	698,208	638,208	ILS 826. 56	0.50 %	0.46 %
The Phoenix Holdings Ltd – Life insurance accounts participating in profits	Decline in holding	April 1, 2024	577,462	0	ILS 841.6	0.41 %	0 %
The Phoenix Investments House Ltd. - Mutual Funds Investment Companies	TASE share purchase	May 8, 2024	2,159,467.55	2,671,652.7	ILS 848.2	1.55 %	1.92 %
The Phoenix Investments House Ltd. – Market Maker	TASE share sale		-3.15	-35.3	849.1	0 %	0 %
The Phoenix Holdings Ltd – Provident Funds and Provident Fund Management Companies	TASE share sale	May 8, 2024	12,163,935	9,407,951	849.73	8.73 %	6.75 %

This is an English translation of excerpts of a Hebrew immediate report that was published on May 12, 2024 (Ref. No: 2024-01-049092 (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 and two locations in Portugal which opened in 2023. 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 Maxstock