AZRIELI GROUP LTD
AZRIELI GROUP LTD
Registration Number: 510960719
To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T079 (Public) Sent via MAGNA: 21/09/2025 www.isa.gov.il www.tase.co.il Reference: 2025-01-071497
Immediate Report on a Person Who Ceased to be an Interested Party in the Corporation
According to Regulation 33(h) of the Securities Regulations (Periodic and Immediate Reports), 1970
Note: Wherever reference is made to an interested party, it also refers to a person with significant means of control in a banking corporation without a control core.
1. Holder Details:
- First Name: Ron
- First Name in English as appears in passport: Ron
- Last Name/Corporation Name: Avidan
- Last Name/Corporation Name in English: Avidan
- Type of Identification Number: Identity Card Number
- Identification Number: 024163743
- Citizenship/Country of Incorporation or Registration: Private individual with Israeli citizenship
- Country of Citizenship/Incorporation or Registration: _________
- Address: Azrieli Center 1, Tel Aviv
- Is the holder acting as a representative for the purpose of reporting several shareholders holding together securities of the corporation: No
2. Details of the Action as a Result of Which the Holder Ceased to be an Interested Party in the Corporation:
- A. Nature of the action: Not involving an action in securities
-
- Mr. Ron Avidan ceased to serve as CEO of the company and therefore the warrants he held expired.
- B. Name and type of security subject to the action: Azrieli Employee Warrants
- C. Security number on the stock exchange: 1220763
- D. Date of action: 21/09/2025
- E. Quantity of securities subject to the action: 125,081
- F. Price at which the action was performed: 0 agorot
- G. Are they dormant shares or securities convertible into dormant shares: No
- H. Was the entire consideration paid at the time of the change: No
- If not all the consideration was paid at the time of the change, please specify the date of completion of the payment: Expiry of warrants
3. A. Holdings after the action:
Name,
Type,
and
Series
of
Security |
Security
Number
on
Exchange |
Quantity
of
Securities |
Dormant* |
Holding
Percentage |
Holding
Percentage
(Full
Dilution) |
| - |
0 |
0 |
No |
0%
equity,
0%
voting |
0%
equity,
0%
voting |
- B. The holder is not a member of an institutional reporting group.
- The holder is not a member of an institutional reporting group, but serves/served as an office holder in the company who is not a CEO or director and was not an interested party by virtue of his holdings.
- The holder is a hedge fund as defined in the Joint Investment Trust Regulations (Assets Permitted to be Purchased and Held by a Fund and Their Maximum Rates), 1994.
- The hedge fund has the right to appoint a director or its representative to the company's board of directors: _________
- The holder is a member of an institutional reporting group. Below are details of his holdings:
| Holder |
Name,
Type,
and
Series
of
Security |
Security
Number
on
Exchange |
Quantity
of
Securities |
Dormant |
| ___ |
___ |
___ |
___ |
___ |
Explanations:
-
- If the interested party holds more than one type of security, the holding percentages should be indicated considering all securities held by him in only one row.
-
- It is also necessary to report holdings of other securities, including those not listed for trading.
-
- If the interested party is a subsidiary, the holdings should be split between shares acquired before the entry into force of the Companies Law, 1999, and shares acquired after its entry into force.
-
- When the holder is not a member of an institutional reporting group, only section 3A should be completed. When the holder is a member of an institutional reporting group, both sections 3A and 3B should be completed.
- Please indicate whether these are dormant shares or securities convertible into dormant shares.
4. Additional Details:
5. The date and time the corporation first became aware of the event or matter: 21/09/2025 at 17:30
Details of the authorized signatories on behalf of the corporation:
|
Name
of
Signatory |
Position |
| 1 |
Adv.
Nirit
Ze'evi |
Other:
Deputy
CEO,
Legal
Advisor,
and
Company
Secretary |
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. Staff 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: AZRIELI GROUP LTD
Address: Azrieli Center 1, Tel Aviv 67021 Phone: 03-6081400, 03-6081300 Fax: 03-6081380 Email: [email protected] Company website: www.azrieligroup.com
Previous names of the reporting entity:
Electronic reporter name: Ze'evi Nirit Position: Deputy CEO and Legal Advisor Employer company name:
Address: Azrieli Center 1, Tel Aviv 67021 Phone: 03-6081383 Fax: 03-6081717 Email: [email protected]