AI assistant
Aura — Capital/Financing Update 2026
May 26, 2026
6661_rns_2026-05-26_3246b1f3-d087-4bc3-a46a-4c6c80a4ee73.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
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. .
Aura Investments Ltd.
("the Company")
May 26, 2026
To:
Securities Authority
www.isa.gov.il
To:
The Tel Aviv Stock Exchange Ltd.
www.tase.co.il
Subject: Entering into an agreement for the purchase of housing units in the Aura City Hadera project and an investment agreement in the company Rent It - Residential REIT Ltd.
The Company is honored to report that on May 25, 2026, Aura Renewing Israel Ltd., a private company wholly owned by the Company ("Aura Israel"), entered into an agreement for the sale of housing units and an investment agreement with Rent It - Residential REIT Ltd. ("Rent It"), a public company, which is not related to the Company and whose securities are listed for trading on the Tel Aviv Stock Exchange Ltd. ("the TASE"), as detailed below:
-
According to the sale agreement, Rent It will purchase from Aura Israel 52 housing units as well as warehouses and parking spaces ("the Purchased Apartments") in the Aura City project in Hadera ("the Sale Agreement"). For details about the Aura City project, see section 9 of Chapter A, Description of the Corporation's Business, which was included in the Company's Periodic report as of December 31, 2025 (published on March 22, 2026, reference no.: 2026-01-025498).
-
According to the investment agreement, Aura Israel will invest in Rent It, at a value of 9 NIS per share, a total of approximately 20 million NIS, in exchange for the allocation of Rent It shares, which will constitute approximately 5.87% (and approximately 5.65% on a fully-diluted basis) of the issued and paid-up share capital of Rent It upon their issuance ("the Investment Agreement" and "the Allocated Shares", respectively). The allocation of the Allocated Shares is subject to receiving the TASE's approval and after their allocation they will be listed for trading on the TASE. For details regarding Rent It, see its periodic and immediate reports published on the TASE's Maya website.
-
The consideration for the Purchased Apartments, totaling approximately 108.5 million NIS including VAT, will be paid as detailed below: (a) a total of 13 million NIS will be paid within 3 days from the date of signing the agreement; (b) a total of approximately 20 million NIS will be paid concurrently with the completion of the Investment Agreement; (c) the balance of the consideration in the amount of 75.5 million NIS will be paid close to the delivery of possession of the Purchased Apartments, which is expected to take place on June 30, 2026.
Sincerely,
Ariel Pashin - VP Finance
5/26/2026 | 6:32:05 AM | v1.2.5