Regulatory Filings • Dec 15, 2025
Regulatory Filings
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Company number: 512569237
To: Israel Securities Authority
To: Tel Aviv Stock Exchange Ltd.
Form T121 (Public)
MAGNA Transmission Date: 15/12/2025
Reference: 2025-01-099523
Explanation: Do not use this form if there is a more suitable event-specific form.
This report form is intended for material reports for which there is no dedicated appropriate form.
Results of issuance should be reported on form T20 and not on this form.
Reports regarding bond rating or corporation rating should be submitted using form T125.
| Nature of the Event: |
|---|
| The company winning a tender – Highway 6 expansion |
| Reference numbers of previous reports on the subject: |
| ,, |
Details:
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.
The company hereby announces that its bid was selected as the winning bid by Derech Eretz Highways (1997) Ltd., the concessionaire company of Highway 6 (together, "the Client"), in the tender for the execution of expansion of Highway 6 in two sections ("the Projects"). The projects will include the expansion of Highway 6 in both directions at and from Daniel Interchange to the Hadid Tunnel. The works in the projects will include physical separations of Highway 6 from Highway 1, construction of underpasses, adding lanes in both directions, building and widening bridges, constructing acoustic walls, culverts, and more.
The total consideration for the execution of the projects is expected to amount to approximately NIS 564 million (plus VAT), and will be linked to a mix of indices: the residential construction inputs index and the paving and bridging inputs index, in accordance with the mechanism determined between the parties.
The project is a measure project, and therefore, payment to the company will be made according to the actual quantities performed and the unit prices as agreed between the parties. The works are expected to last about 3 years from the receipt of the work commencement order.
Forward-Looking Information Warning: As of the date of this report, detailed and binding contracts have not yet been signed between the company and the Client. In addition, the company has not yet received the necessary work commencement orders required to start the works. Therefore, the information regarding the execution of the project, the total project scope, the expected start date, and the expected date for completion of the project works is forward-looking information as defined in the Securities Law, 1968, based on the company's experience and professional knowledge, the realization of which is not certain and is not under the company's control, and it may materialize, if at all, in a manner different from that stated above in this report.
| Attached file: |
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| The company is not a shell company as defined in the Stock Exchange regulations. |
| Date on which the corporation first became aware of the event: 14/12/2025 Time: 15:47 |
| # | Name | Position |
|---|---|---|
| 1 | Ronen Ginzburg | CEO |
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
Short name: Danya Cebus
Address: 1 Yoni Netanyahu, Or Yehuda 6025603
Phone: 03-5383838 Fax: 03-6340340
Email: [email protected]
Company website: www.danya-cebus.co.il
Previous names of the reporting entity:
Electronic reporter's name: Shay Maya
Position: Company Secretary
Employer company name:
Address: 1g Yoni Netanyahu, Or Yehuda 6025603
Phone: 03-5383838 Fax: 03-6340340
Email: [email protected]
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