M&A Activity • Aug 28, 2025
M&A Activity
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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.
PHOENIX FINANCIAL LTD
Registration Number: 520017450
To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T121 (Public) Sent via MAGNA: 28/08/2025 Israel Securities Authority website: www.isa.gov.il Tel Aviv Stock Exchange website: www.tase.co.il Reference: 2025-01-064884
Explanation: Do not use this form when there is a form tailored to the reported event.
This reporting form is intended for material reports for which there is no suitable dedicated form.
Results of an issuance should be reported in T20 and not in this form.
Reporting on bond ratings or corporate ratings should be submitted using form T125.
Nature of the event: Immediate Report
________.
Reference numbers of previous reports on the subject: 2025-01-052174, 2025-01-061543,
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.
Following the company's immediate reports dated July 15, 2025, and August 19, 2025 (Reference numbers: 2025-01-052174 and 2025-01-061543) regarding the indirect acquisition by the company of approximately 17.19% of the issued share capital of PHOENIX AGENCIES INSURANCE 1989 LTD ("PHOENIX AGENCIES"), in exchange for the allocation of company shares and a cash payment, the company is honored to report that on August 28, 2025, the transaction was completed. Upon completion of the transaction, the company (directly and indirectly) holds approximately 95% of the issued share capital of PHOENIX AGENCIES.
Attached file: ________
The company is not a shell company as defined in the stock exchange regulations.
The date the corporation first became aware of the event: 28/08/2025 at 12:40
| Name of Signatory |
Position | |
|---|---|---|
| 1 | Meni Ne'eman |
Legal Advisor of the Company |
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.
Short name: PHOENIX
Address: 53 Derech Hashalom, Givatayim 53454 Phone: 03-7332997, 03-7338174 Fax: 03-7238855
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.
Email: [email protected]
Previous names of the reporting entity: PHOENIX HOLDINGS LTD, PHOENIX ISRAEL INSURANCE COMPANY LTD
Name of electronic reporter: Elad Sirkis Position: Company Secretary Employer: PHOENIX INSURANCE LTD.
Address: 53 Derech Hashalom, Givatayim 5345433 Phone: 074-7315656 Fax: 03-7238855 Email: [email protected]
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