StockNews.AI

Max Stock Limited releases an immediate report on holdings of interested parties and senior officers as of December 31, 2025

StockNews.AI • 24 hours

ONONMAXOMIGD
High Materiality8/10

Information

Regulations 33(c)-(d) of the Securities Regulations (Periodic and Immediate Reports), 1970 CAESAREA,...

Original source

AI Summary

Max Stock Limited revealed major updates on shareholder holdings, indicating a large reduction by Moose Holdco Ltd. and increases by other investors. The current ownership structure shows consolidation yet also hints toward potential investor interest, particularly from insurance firms, which could influence stock movements.

Trading Thesis

ONON could see increased volatility due to investor sentiment around shareholder changes.

Market-Moving

  • Moose Holdco Ltd.'s significant share reduction may cause investor concern.
  • Increased holdings by Migdal Insurance might drive investor confidence.
  • Changes in management stakes can lead to fluctuations in stock price.
  • With growing competition in retail, Max Stock's position may impact ONON.
  • Regulatory impacts from shareholder agreements could shift market dynamics.

Key Facts

  • Moose Holdco Ltd. holds 16.46% of Max Stock's shares.
  • Migdal Insurance has a 10.43% stake in Max Stock.
  • Ori Max, CEO, owns 17.87% of Max Stock equity.
  • Max Stock has 64 retail locations across Israel.
  • The company reported changes in multiple significant shareholders.

Companies Mentioned

  • Max Stock Limited (MAXO): Changes in shareholder stakes could signal market perceptions.
  • Migdal Insurance & Financial Holdings Ltd. (Not Public): Increasing stake could indicate confidence in Max Stock's future.
  • Moose Holdco Ltd. (Not Public): Large sell-off raises questions about management's confidence and future plans.
  • AMI Opportunities (Not Public): Controlling shareholder may influence Max Stock's strategic direction.

Corporate Developments

The retail sector is in a state of flux, influenced by consumer behavior and economic conditions. Max Stock's shareholder changes may indicate a strategic pivot or response to current market pressures, impacting ONON's positioning within the wider consumer goods landscape.

FAQ

Why Bearish?

Reductions in major shareholder holdings like Moose Holdco could foster uncertainty, leading to diminished investor confidence, similar to past episodes where rapid divestments led to declines in stock prices.

How important is it?

The adjustments in major shareholders represent significant corporate governance changes, influencing not just ONON but related companies and the wholesale-retail sector's performance.

Why Short Term?

The immediate effects of shareholder changes typically reverberate quickly; hence, fluctuating sentiments may affect ONON stocks soon after such news.

Related Companies

ONONMAXOMIGD

Max Stock Limited Reports Holdings of Interested Parties and Senior Officers

Max Stock Limited (TASE: MAXO) has released an immediate report detailing the holdings of interested parties and senior officers as of December 31, 2025. This report provides transparency into the share capital distribution among parties with significant interests in the company, which is a crucial factor for investors considering stock symbol ONON.

Key Holdings of Interested Parties

The following table summarizes the holdings of various interested parties, including the CEO and directors, who own 5% or more of the issued share capital or voting rights:

  • Moose Holdco Ltd. - 23,008,386 shares (16.46% voting rights)
  • Ori Max - 24,981,492 shares (17.87% voting rights)
  • Y.D. More Investments Ltd. - 2,975,344 shares (2.13% voting rights)
  • More Provident Funds and Pension Ltd. - 10,051,561 shares (7.19% voting rights)
  • Migdal Insurance & Financial Holdings Ltd. (Profit Sharing) - 14,574,051 shares (10.43% voting rights)
  • Migdal Insurance & Financial Holdings Ltd. (Mutual Funds) - 3,625,054 shares (2.59% voting rights)
  • G. Gissin Advocates - 55,022 shares (0.04% voting rights)

Collectively, these parties hold a substantial 56.71% of the voting rights on a fully diluted basis.

Holdings of Senior Officers

The report also includes data on the holdings of senior officers, excluding the CEO and directors, who control less than 5% of the corporation's share capital:

  • Shlomo Cohen - 93,000 Max Stock Op2020 share options (0.07% voting rights)
  • Shahar Kanizo - 23,619 Max Stock Op2020 share options (0.02% voting rights)
  • Ofir Edri - 59,999 Max Stock Op2020 share options (0.04% voting rights)

This data provides clarity on the stock ownership and potential influence the company's internal stakeholders hold within Max Stock Limited.

Changes in Holdings During Reporting Period

A summary table indicates changes in the holdings of interested parties since the last report dated September 30, 2025. Notably:

  • Moose Holdco Ltd. reported a decrease of 8,550,000 shares from the prior balance of 31,558,386.
  • Y.D. More Investments Ltd. increased its holdings by 271,149 shares from previous levels.
  • More Provident Funds & Pension Ltd. saw a decrease of 1,916,167 shares.

The fluctuations in holdings reflect ongoing adjustments in the market and investor positions, which could impact future company strategies and shareholder value.

About Max Stock Limited

Max Stock is Israel's leading extreme value retailer, operating 64 locations across the country. The company is committed to providing a wide variety of quality products at affordable prices, with a mission to help customers "Dream Big, Pay Small." For more information, please visit Max Stock's Investor Relations.

Company Contacts

For any inquiries regarding this report, please contact Talia Sessler, Chief Corporate Development and IR Officer at [email protected].

Related News