Max Stock Limited: Interested Party Reduces Shareholding

422ed6cc1921c3181f29b5b65658b737 1 Max Stock Limited Announces Change in Shares Held by an Interested Party

CAESAREA, Israel, November 24, 2024 — Max Stock Limited (TASE: MAXO), the Company (“Max Stock”), announced that on November 20th, 2024, Phoenix Financial Ltd. and Phoenix Investment House Ltd. (the “Phoenix” group), including their associated accounts and funds, notified the Company of a share sale, reducing their collective holding to 4.8% (4.15% and 0.65% respectively). Consequently, the Phoenix group is no longer considered an interested party.

This is an English translation of a Hebrew report published on November 24, 2024 (Ref. No: 2024-01-618032) (the “Hebrew Version“). This translation is for convenience only and is not legally binding. The Hebrew Version takes precedence in case of discrepancies.

About Max Stock

Max Stock is Israel’s leading extreme value retailer, operating 64 stores in Israel and 2 in Portugal. We offer a wide range of affordable, high-quality products for everyday needs, embodying our motto: “Dream Big, Pay Small”. For more information, please visit                  

Company Contacts:

Talia Sessler,
Chief Corporate Development and IR Officer

SOURCE Max Stock Limited

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