Notice of Dividend Amount • Aug 19, 2025
Notice of Dividend Amount
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DELTA ISRAEL BRANDS LTD
Registration Number: 516250107
To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T081 (Public) Transmitted via MAGNA: 19/08/2025 Israel Securities Authority Website: www.isa.gov.il Tel Aviv Stock Exchange Website: www.tase.co.il Reference: 2025-01-061522
Regulation 37(a) of the Securities Regulations (Periodic and Immediate Reports), 1970
Payment date: 09/09/2025
| Eligible Security Number |
Security Name |
Dividend Amount per Security |
Dividend Amount Currency |
Payment Currency |
Representative Rate for Payment Date |
Individual Tax % |
Corporate Tax % |
|---|---|---|---|---|---|---|---|
| 1173699 | DELTA ISRAEL BRANDS LTD Share |
0.57848 | NIS | NIS | 25 | 0 |
Dividend distributed from a foreign resident company (tax rates see section 7b)
Please note: The dividend amount to be paid must be specified to a precision of up to 7 digits after the decimal point when the dividend amount currency is NIS, and up to 5 digits after the decimal point if the dividend amount currency is another currency.
The dividend amount per security is final. The total dividend amount may change if additional entitled shares are realized or allocated before the record date.
The dividend distribution was approved by the company's board of directors on 18/08/2025 after being satisfied that the distribution meets the profit test and the solvency test, as defined in section 302 of the Companies Law, 1999 ("distribution tests"), that the distribution is made from surplus, and that there is no reasonable concern that the distribution will prevent the company from meeting its existing and expected liabilities, known at the time of the decision, when due. In accordance with the Israel Securities Authority's guidance on "Disclosure upon Decision to Distribute Dividend", see below for further details regarding the parameters examined by the board when approving the dividend distribution.
This distribution is not subject to court approval under section 303 of the Companies Law.
The final dividend amount per share is subject to changes due to:
The final dividend amount per share can be updated up to 2 trading days before the record date.
| % of Dividend |
Individuals | Companies | Foreign Residents |
|
|---|---|---|---|---|
| Income subject to corporate tax (1) |
100 | 25% | 0% | 25% |
| Income originating overseas (2) |
0 | 25% | 23% | 25% |
| Income from approved/preferred enterprise (3) |
0 | 15% | 15% | 15% |
| Income from Irish privileged enterprise until 2013 (4) |
0 | 15% | 15% | 4% |
| Income from Irish privileged enterprise from 2014 (5) |
0 | 20% | 20% | 4% |
| Preferred income |
0 | 20% | 0% | 20% |
| Income from approved tourism/agricultural enterprise (6) |
0 | 20% | 20% | 20% |
| Income from approved/preferred enterprise that submitted a waiver notice (7) |
0 | 15% | 0% | 15% |
| classified Distribution as capital gain |
0 | 25% | 23% | 0% |
| Distribution by Participating unit |
0 | 0 | 0 | 0 |
| Other | 0 | 0 | 0 | 0 |
(1) Income subject to corporate tax – income from profit distribution or dividend originating from income produced or accrued in Israel, received directly or indirectly from another entity subject to corporate tax.
(2) Income originating overseas is income produced or accrued abroad and not taxed in Israel.
(3) Including income from a preferred tourism enterprise with the selection/operation year up to 2013.
(4) Irish privileged enterprise with the selection year up to 2013.
(5) Irish privileged enterprise with the selection year from 2014 onwards.
(6) Including income from a preferred tourism enterprise with the selection/operation year from 2014 onwards.
(7) Approved or preferred enterprise that submitted a waiver notice by 30.6.2015, after corporate tax was deducted.
| Individuals | Companies | Foreign Residents |
|
|---|---|---|---|
| Dividend from a foreign resident company |
25% | 23% | 0% |
| % of Dividend |
Individuals (1) |
Companies | Foreign Resident Companies |
Exempt Trust Fund |
Pension Fund (2) |
|
|---|---|---|---|---|---|---|
| From real estate appreciation, capital gain, and depreciation (3) |
0 | 25% | 23% | 23% | 0% | 0% |
| Other taxable income (e.g., rent) |
0 | 47% | 23% | 23% | 23% | 0% |
| From income producing real estate for rental housing |
0 | 20% | 20% | 20% | 0% | 0% |
| Income taxed by the fund (4) |
0 | 25% | 0% | 25% | 0% | 0% |
| Extraordinary income |
0 | 70% | 70% | 70% | 60% | 70% |
| Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Weighted withholding tax rate |
100% | 0 | 0 | 0 | 0 | 0 |
(1) Individuals – including taxable trust fund income, foreign resident individuals. (2) Pension fund for pension, provident, or compensation as defined in the Income Tax Ordinance, as well as a foreign pension fund resident in a reciprocating country. (3) From real estate appreciation or capital gain, except from the sale of real estate held for a short period, and from income in the amount of depreciation expenses. (4) Distribution from income taxed by the fund under section 64A4(e).
| Security Name |
Security Number |
Remarks |
|---|---|---|
| DELTA ISRAEL BRANDS LTD 10/21 |
1182724 | The current exercise price will be multiplied by the ex dividend price of the share and divided by the closing price of the share on the trading day before the ex date. |
Below are details regarding the examination conducted by the board of directors in connection with the decision to distribute the above-mentioned dividend: A. The board of directors examined the company's compliance with the profit test, solvency test, and distribution limitations set forth in section 302(a) of the Companies Law, 1999, and following this examination, approved the company's compliance with these tests regarding the said dividend distribution. B. Regarding compliance with the profit test, the board approved the said dividend distribution based on the company's surplus as of June 30, 2025, which exceeds the approved distribution amount. C. Regarding compliance with the solvency test, the board considered the following: data on the company's financial position as of 30.06.2025, including data on the company's liquid balances and financial debt; projected cash flow for the next three years and the company's ability to raise funds if needed. Following the examination of the above, the board approved that the company meets the solvency test regarding the said distribution. D. In the board's assessment, the dividend distribution will not materially adversely affect the company's financial position, including its capital structure, absence of company debts, liquidity status, and its ability to continue operating in its current business format. E. The board does not rely on distribution from profits arising from the revaluation of the fair value of the company's financial assets or instruments, if any. F. The expected data and assessments mentioned in sections C and D above are forward-looking information, as defined in the Securities Law, 1968, based on the analysis of the data detailed in section C above conducted by the company. These expectations and assessments may not materialize, in whole or in part, or may materialize ina materially different manner than anticipated, among other things, due to changes in the economic markets in Israel, capital market conditions, exchange rates, and the various markets in which the company operates, which may affect the company's operations and results.
| Signatory Name |
Position | |
|---|---|---|
| 1 | Tal Peretz |
CFO |
Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation. The staff's position on the matter can be found on the Authority's website: Click here.
Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange
Form structure update date: 15/07/2025
Short name: DELTA ISRAEL BRANDS LTD
Address: HaEshel 45, Caesarea 3088900 Phone: 076-8177229, Fax: 076-8177280 Email: [email protected] Company website: www.delta-israel.com
Previous names of the reporting entity:
Electronic signatory name: Odeh Aiham Position: Controller Employer company name: Address: HaEshel 45, Caesarea 3088900 Phone: 076-8177285 Fax: Email: [email protected]
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