Major Shareholding Notification • Dec 21, 2025
Major Shareholding Notification
Open in ViewerOpens in native device viewer
Registry Number: 520000118
Israel Securities Authority (www.isa.gov.il)
Tel Aviv Stock Exchange Ltd (www.tase.co.il)
Form Number: T076 (Public)
Transmitted to MAGNA: 21/12/2025
Reference: 2025-01-101395
Regulation 33(b) of the Securities Regulations (Periodic and Immediate Reports), 1970
Note: This form is intended for reporting a change in holdings in the securities of the reporting corporation only. To report a change in holdings of a subsidiary of the reporting corporation whose operations are material to the operations of the reporting corporation, use form T121.
Name of Holder: The Phoenix Financial Ltd ID type: Israeli Companies Registrar Number
ID Number: 520017450
Type of Holder: Participating profit life insurance accounts
Right to appoint a director on behalf of the hedge fund: __________
Explanation: The holding rate after the change does not refer to convertible securities.
Name of Holder: The Phoenix Investments House Ltd - Mutual Funds
ID type: Israeli Companies Registrar Number
ID Number: 520041989
Type of Holder: Companies for management of mutual investment funds in trust
Right to appoint a director on behalf of the hedge fund: __________
Is the holder acting as a representative for the report of several shareholders who jointly hold securities: Yes
Controlling shareholder in the interested party: The Phoenix Financial Ltd
ID of controlling shareholder in the interested party: 520017450
Citizenship/ Country of Incorporation: Incorporated in Israel
Security Number (TASE): 1223452
Name and class of security: Poalim BONDS 102
Nature of change: Increase, other
Details: The increase in purchase was made via multiple transactions on the stock exchange from 05.10.2025 to 17.12.2025, in a price range of 103.69 to 105.41 agorot.
Is this a single or multiple transaction change (cumulative change): Multiple transactions
Date of change: 17/12/2025
Transaction price: 105.41 agorot
Are these dormant shares or convertible to dormant shares: No
Previous balance (quantity of securities): 68,626,381.31 (holding %: 4.35%)
Change in quantity: +39,466,283.48
Current balance: 108,092,664.79 (holding %: 6.86%)
Holding rate after change:
In capital: 1.61%
In voting power: 1.64% Fully diluted holding: In capital: 1.60%
In voting power: 1.63%
Explanation: The holding rate after the change does not refer to convertible securities.
Name of Holder: The Phoenix Financial Ltd ID type: Israeli Companies Registrar Number
ID Number: 520017450
Type of Holder: Provident funds and provident fund management companies
Right to appoint a director on behalf of the hedge fund: __________
Date of change: 17/12/2025
Transaction price: 105.27 agorot
Are these dormant shares or convertible to dormant shares: No
Previous balance (quantity of securities): 112,855,943 (holding %: 7.16%)
Change in quantity: +148,531,049
Current balance: 261,386,992 (holding %: 10.24%)
Holding rate after change:
In capital: 5.28%
In voting power: 5.38% Fully diluted holding: In capital: 5.26%
In voting power: 5.35%
Explanation: The holding rate after the change does not refer to convertible securities.
Name of Holder: The Phoenix Financial Ltd ID type: Israeli Companies Registrar Number
ID Number: 520017450
Type of Holder: Market maker
Right to appoint a director on behalf of the hedge fund: __________
Is the holder acting as a representative for the report of several shareholders who jointly hold securities: Yes
Controlling shareholder in the interested party: See Note 1
ID of controlling shareholder in the interested party: See Note 1
Citizenship/ Country of Incorporation: Incorporated in Israel
Security Number (TASE): 1223452
Name and class of security: Poalim BONDS 102
Nature of change: Increase, other
Details: The increase in purchase was made via multiple transactions on the stock exchange from 05.10.2025 to 17.12.2025, in a price range of 103.72 to 105.41 agorot.
Is this a single or multiple transaction change (cumulative change): Multiple transactions
Date of change: 17/12/2025 Transaction price: 105.41 agorot
Are these dormant shares or convertible to dormant shares: No
Previous balance (quantity of securities): 273.69 (holding %: 0.00%)
Change in quantity: +395,320.52
Current balance: 395,594.21 (holding %: 0.03%)
Holding rate after change:
In capital: 0.03%
In voting power: 0.03% Fully diluted holding: In capital: 0.03%
In voting power: 0.03%
Explanation: The holding rate after the change does not refer to convertible securities.
This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer.
Note: If an increase is due to a forced purchase of lent securities or a decrease due to a forced sale of lent securities, then lent securities not returned to the lender thereby constitute a forced purchase, and the lending operation then being classified as a forced sale.
| No. | Note | ||||
|---|---|---|---|---|---|
| 1 | The Phoenix Financial Ltd (formerly Phoenix Holdings Ltd) is a public company and a reporting corporation with no controlling core. Details of its interested parties are published in its reports. |
||||
| 2 | The holding includes the holding of Partnership BONDS 106 'Nitzrani AA' totaling 260,251,940 units as well as the holdings of Partnership INDEX BONDS 62 totaling 1,135,052 units. The aforementioned partnerships are partnerships registered with the Registrar of Partnerships, and all rights holders are companies within the institutional reporting group of the group. The partnerships themselves are not provident fund management companies. According to the partnership agreements among the rights holders in each partnership, the holding rate of the rights holders in the partnerships changes frequently as per the mechanism set in the agreement. As of 18/12/2025, the holding rates in the partnerships are: Partnership BONDS 106 'Nitzrani AA' Provident Funds - 55.44%, Life Insurance - 44.56%; Partnership INDEX BONDS 106: Provident Funds - 5.83%, Life Insurance - 94.14% |
| 1. Was full compensation paid at the time of the change? Yes | |||||||
|---|---|---|---|---|---|---|---|
| -- | -- | -------------------------------------------------------------- | -- | -- | -- | -- | -- |
If not, please specify the payment completion date: __________
If the change is by way of signing a loan agreement, specify how the lending was terminated: __________
Explanation: Please state the holding rates taking into account all securities held by the interested party.
| Name | Title | |||
|---|---|---|---|---|
| Orit Langer | Other (Deputy Department Manager) | |||
| Vered Melamed | Other (Section Manager) |
Explanation: According to regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report filed under these regulations shall be signed by those authorized to sign on behalf of the corporation. The staff's position on the subject can be found on the ISA website: Click here
Tel: 03-5673800, Fax: 03-5674576 Email: [email protected]
Position: Bank Secretary
No images were present in the original content.
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.