PALRAM INDUSTRIES (1990) LTD
To: Israel Securities Authority |
To: Tel Aviv Stock Exchange Ltd. |
Form Number: T077 (Public) |
Sent via MAGNA: 20/10/2025 |
Reference: 2025-01-077251
Registry Number: 520039843
Immediate Report on the Holdings of Interested Parties and Senior Officers
Regulation 33 (c)-(d) of the Securities Regulations (Periodic and Immediate |
Reports), 1970 |
|
Below is the status as of 30/09/2025:
A. Interested Parties in the Corporation (including CEO and directors, and any other employee holding five percent or more of the issued share capital of the corporation or its voting power):
Holder Number |
Holder Name |
Name, Type, and Series of Security |
Updated Quantity of Securities |
Holding Percentage |
Holding Percentage (Full Dilution) |
| 1 |
Ramat Yohanan Industries & Agriculture Development - Agricultural Cooperative Society Ltd. |
Palram - Ordinary Share |
16,682,572 |
64.85% equity, 64.85% voting |
64.85% equity, 64.85% voting |
| 2 |
MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD. (Participating) |
Palram - Ordinary Share |
1,518,418 |
5.90% equity, 5.90% voting |
5.90% equity, 5.90% voting |
| 3 |
MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD. (Mutual Funds) |
Palram - Ordinary Share |
296,853 |
1.15% equity, 1.15% voting |
1.15% equity, 1.15% voting |
Total holding percentage: 71.9% equity, 71.9% voting
Total holding percentage (full dilution): 71.9% equity, 71.9% voting
B. Senior Officers in the Corporation (excluding CEO and directors, and any other employee holding five percent or more of the issued share capital of the corporation or its voting power):
They do not hold securities of the corporation.
Holder Number |
Holder Name |
Name, Type, and Series of Security |
Updated Quantity of Securities |
Holding Percentage |
Holding Percentage (Full Dilution) |
| 1 |
|
|
|
equity,
voting |
equity,
voting |
Total holding percentage: 0% equity, 0% voting
Total holding percentage (full dilution): 0% equity, 0% voting
Explanations:
-
- It is also required to report the holding of other securities, including those not listed for trading.
-
- If the interested party holds more than one type of security in the corporation, the holding percentage (including full dilution) should be stated considering all securities held by them in a single row.
-
- This form should detail the holdings of all interested parties, including those whose holdings have not changed.
-
- If the interested party is a held company with significant activity for the corporation, the holdings should be split between shares acquired before the Companies Law, 1999 came into effect (granting rights in equity and voting) and shares acquired after (which are dormant shares).
-
- If the interested party is a corporation, also state the first name(s) of the ultimate controlling shareholder(s) in this corporation. If there is no controlling shareholder, provide details of the interested parties in it.
-
- If a senior officer holds five percent or more of the issued share capital of the corporation or its voting power, their holdings should be detailed in the "Interested Parties" table as specified in section A above.
-
- If the interested party or senior officer also holds securities in a held company whose activities are significant to the corporation, details of these holdings should be provided in the "Comments" field in the holder's details section.
Holder Details
1. Ramat Yohanan Industries & Agriculture Development - Agricultural Cooperative Society Ltd.
- Holder Name in English (as in passport): Ramat Yohanan Industries & Agriculture Development-Agricultural Cooperative Society
- Holder Number: 1
- Type of Holder: Interested party not meeting any other definitions
- Hedge fund has the right to appoint a director or representative to the company's board: _________
- Type of identification number: Other identification number
- Identification number: 570038943
- Controlling shareholder in the holder: _________
- Citizenship / Country of incorporation or registration: Incorporated in Israel
- Country of citizenship / incorporation or registration: _________
- Is the holder a representative for reporting purposes for several shareholders holding together securities of the corporation: No
- Is the holder allowed to report changes in holdings cumulatively: No
- Explanation: Those required to report any change in holdings under Regulation 33 are: an interested party who is the corporation, a corporation controlled by the corporation, a controlling shareholder, or a senior officer in the corporation.
- Are the held shares dormant shares: No
- Security number on the stock exchange: 644013
- Balance in previous summary report (quantity of securities): 16,682,572
- Change in quantity of securities: 0
- Explanation: If a decrease is reported, a negative value should be indicated, i.e., with a "-" sign.
- Maximum holding rate of the holder in the security during the report period (%): _________
- Minimum holding rate of the holder in the security during the report period (%): _________
- Explanation: The maximum and minimum holding rates during the period starting from the effective date of the previous status report should be provided by each member of the institutional reporting group, under the control or management of the interested party, who held and/or holds securities for the interested party.
-
Comments: The interested party is the controlling shareholder in the reporting corporation.
-
MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD. (Participating)
-
Holder Name in English (as in passport): MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD.
- Holder Number: 2
- Type of Holder: Participating life insurance accounts
- Hedge fund has the right to appoint a director or representative to the company's board: _________
- Type of identification number: Company Registrar Number in Israel
- Identification number: 520029984
- Controlling shareholder in the holder: See note below.
- Citizenship / Country of incorporation or registration: Incorporated in Israel
- Country of citizenship / incorporation or registration: _________
- Is the holder a representative for reporting purposes for several shareholders holding together securities of the corporation: Yes
- Is the holder allowed to report changes in holdings cumulatively: Yes
- Explanation: Those required to report any change in holdings under Regulation 33 are: an interested party who is the corporation, a corporation controlled by the corporation, a controlling shareholder, or a senior officer in the corporation.
- Are the held shares dormant shares: No
- Security number on the stock exchange: 644013
- Balance in previous summary report (quantity of securities): 1,466,508
- Change in quantity of securities: 51,910
- Explanation: If a decrease is reported, a negative value should be indicated, i.e., with a "-" sign.
- Maximum holding rate of the holder in the security during the report period (%): 5.90
- Minimum holding rate of the holder in the security during the report period (%): 5.70
- Explanation: The maximum and minimum holding rates during the period starting from the effective date of the previous status report should be provided by each member of the institutional reporting group, under the control or management of the interested party, who held and/or holds securities for the interested party.
- Comments: To the best of the company's knowledge, as of the reporting date, Mr. Shlomo Eliyahu is the ultimate controlling shareholder in the company and holds 45.50% of the issued and paid-up share capital of the company ["share capital"], as described below: ELIAHU ISSUES LTD holds 58.13% of the share capital and Project Gan Ha'ir Ltd holds 6.15% of the share capital. ELIAHU ISSUES LTD is wholly owned by Eliyahu 1959 Ltd. To the best of the company's knowledge, the shareholders of Eliyahu 1959 Ltd are: Mr. Shlomo Eliyahu, holding 25.14% of the capital and 98% of the management shares, Mrs. Chaya Eliyahu, holding 0.02% of the capital and 2% of the management shares,
Shlomo Eliyahu Holdings Ltd, holding 61.7% of the capital, and Achim Eliyahu Trust and Investment Company Ltd, holding 13.14% of the capital. The shareholders of Shlomo Eliyahu Holdings Ltd are Mr. Shlomo Eliyahu holding 83.31% and Mrs. Chaya Eliyahu holding 16.69%. The sole shareholder in Achim Eliyahu Trust and Investment Company Ltd is Shlomo Eliyahu Holdings Ltd, whose shareholders are Mr. Shlomo Eliyahu and Mrs. Chaya Eliyahu as detailed above. The holdings in the company's shares listed under participating life insurance accounts are held by the partnership "Migdal Sal – Israeli Shares" ("the partnership"). The partnership is a registered partnership, all of whose rights holders are companies of the Migdal institutional reporting group. The partnership itself is not a participating life insurance account and/or a management company. According to the agreements among the partners, the holding rate of the rights holders in the partnership changes frequently, according to the mechanism set in the partnership agreement. Below are the holding rates in the partnership of the rights holders as of September 30, 2025: Insurance for participating life insurance accounts 39.94%, Pension and Provident – 60.06%.
3. MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD. (Mutual Funds)
- Holder Name in English (as in passport): MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD.
- Holder Number: 3
- Type of Holder: Companies managing joint investment mutual funds
- Hedge fund has the right to appoint a director or representative to the company's board: _________
- Type of identification number: Company Registrar Number in Israel
- Identification number: 520029984
- Controlling shareholder in the holder: See note below.
- Citizenship / Country of incorporation or registration: Incorporated in Israel
- Country of citizenship / incorporation or registration: _________
- Is the holder a representative for reporting purposes for several shareholders holding together securities of the corporation: Yes
- Is the holder allowed to report changes in holdings cumulatively: Yes
- Explanation: Those required to report any change in holdings under Regulation 33 are: an interested party who is the corporation, a corporation controlled by the corporation, a controlling shareholder, or a senior officer in the corporation.
- Are the held shares dormant shares: No
- Security number on the stock exchange: 644013
- Balance in previous summary report (quantity of securities): 291,603
- Change in quantity of securities: 5,250
- Explanation: If a decrease is reported, a negative value should be indicated, i.e., with a "-" sign.
- Maximum holding rate of the holder in the security during the report period (%): 1.20
- Minimum holding rate of the holder in the security during the report period (%): 1.13
- Explanation: The maximum and minimum holding rates during the period starting from the effective date of the previous status report should be provided by each member of the institutional reporting group, under the control or management of the interested party, who held and/or holds securities for the interested party.
- Comments: To the best of the company's knowledge, as of the reporting date, Mr. Shlomo Eliyahu is the ultimate controlling shareholder in the company and holds 45.50% of the issued and paid-up share capital of the company ["share capital"], as described below: ELIAHU ISSUES LTD holds 58.13% of the share capital and Project Gan Ha'ir Ltd holds 6.15% of the share capital. ELIAHU ISSUES LTD is wholly owned by Eliyahu 1959 Ltd. To the best of the company's knowledge, the shareholders of Eliyahu 1959 Ltd are: Mr. Shlomo Eliyahu, holding 25.14% of the capital and 98% of the management shares, Mrs. Chaya Eliyahu, holding 0.02% of the capital and 2% of the management shares,
Shlomo Eliyahu Holdings Ltd, holding 61.7% of the capital, and Achim Eliyahu Trust and Investment Company Ltd, holding 13.14% of the capital. The shareholders of Shlomo Eliyahu Holdings Ltd are Mr. Shlomo Eliyahu holding 83.31% and Mrs. Chaya Eliyahu holding 16.69%. The sole shareholder in Achim Eliyahu Trust and Investment Company Ltd is Shlomo Eliyahu Holdings Ltd, whose shareholders are Mr. Shlomo Eliyahu and Mrs. Chaya Eliyahu as detailed above.
C. As of the date of submission of this report and according to the law, is there a controlling shareholder in the corporation:
Yes
The controlling shareholder in the corporation is:
| # |
Name of Controlling Shareholder |
Identification Type |
Identification Number |
Was control transferred during the period described in the report? |
| 1 |
Ramat Yohanan Industries & Agriculture Development - Agricultural Cooperative Society Ltd. |
Other identification number |
570038943 |
No |
Total holding percentage (%) in the corporation's equity by all controlling shareholders: 64.85
Details of the authorized signatories on behalf of the corporation:
| # |
Name of Signatory |
Position |
| 1 |
Shai Michael |
CEO |
| 2 |
Eran Goldman |
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
Previous names of the reporting entity: Platov-Palram Ltd.
Short name: Palram
Address: Kibbutz Ramat Yohanan, D.N. Kfar Maccabi 30035
Phone: 04-8459900 Fax: 04-8444012
Email: [email protected]
Electronic reporting name: Molcho Sarit
Position: External Legal Advisor
Employer company name: S. Friedman, Avramzon & Co., Attorneys and Notaries
Address: 146 Menachem Begin Road, Tel Aviv 6492103
Phone: 03-6931931 Fax: 03-6931930
Email: [email protected]
Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange
Form structure update date: 04/02/2025