DUNIEC BROS. LTD
Registration Number: 520038605
To:
- Israel Securities Authority
- Tel Aviv Stock Exchange Ltd.
Form Number: T053 (Public) Submitted via MAGNA: 07/01/2026 Reference: 2026-01-003307
Immediate Report on an Event or Matter Deviation from the Ordinary Course of Business of the Corporation
Regulation 36 of Securities Regulations (Periodic and Immediate Reports), 1970
Note: Results of an offering must be reported in T20 and not in this form. Note: Reporting on the rating of BONDS or corporate rating should be done through form T125.
Reporting about:
[x] Delayed Report
Nature of the Event:
Immediate Report
- The company is honored to announce, with reference to Section 15.6(b) of Chapter A in the company's periodic report for 2024 as well as note 6c(7) to the company's consolidated financial statements for 2024, which were attached to the said periodic report (the "note"), regarding real estate at the corner of Rothschild – Yehuda Halevy and Bezalel Yafe Street in Tel Aviv, in which the company holds a 50% stake (through a wholly owned project company) and is advancing together with a third party who also holds 50% (the "project company" and the "third party", as defined in the note), including with respect to a right granted to that third party to require the project company to purchase from him the remainder of his rights in the real estate, against payment of consideration of 100 million NIS and additional amounts as agreed (the "option"), that the company and the third party have agreed to extend the period in which the third party may exercise the option, and that it shall be valid until no later than February 5, 2026. By this date, the third party will examine alternatives, which include, among others, exercising the option or selling his share to another external entity.
2. The date and time the corporation first became aware of the event or matter:
04/01/2026 at 14:00.
3. If the report was delayed – Reason for the delay:
- The assessment was that publication of such an immediate report could cause significant harm and/or deterioration, and may even prevent the implementation of the company's plans regarding the matter.
-
- On 07/01/2026 at 19:30 the impediment to reporting was removed.
-
- The company is a shell company as defined in the stock exchange regulations.
Details of authorized signatories on behalf of the corporation:
|
Name |
Position |
| 1 |
Orly Granot - Ben Avi, Attorney |
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. The staff's position on the matter can be found on the authority's website: Click here.
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.
Short Name: Duniec
Address:
Office: Yekum Business Park, Building D, D, Yekum, 6097200
Phone: 09-8638573 Fax: 09-7734903
Email: [email protected]
Previous names of reporting entity:
Electronic reporter's name: Granot Ben Avi Orly
Position: Attorney, Company Secretary Employing Company:
Correspondence Address:
65 Jabotinsky St., Rishon LeZion, 75109
Phone: 052-5696881 Fax: 03-9673651
Email: [email protected]
Securities of the corporation are listed on the Tel Aviv Stock Exchange
Form structure update date: 06/08/2024
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