Regulatory Filings • Nov 18, 2025
Regulatory Filings
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Registrar number: 520039967
To: Israel Securities Authority (www.isa.gov.il) To: Tel Aviv Stock Exchange Ltd (www.tase.co.il)
Form No.: T053 (Public)
Transmitted via MAGNA: 18/11/2025
Reference: 2025-01-088493
Regulation 36 to the Securities Regulations (Periodic and Immediate Reports), 1970
Note: Results of an issuance must be reported on Form T20 and not this form.
Note: A report on BONDS rating or corporation rating must be submitted via Form T125.
[ ] Delayed report submission
Agreement for the distribution of Samsung Electronics Co, Ltd products
1.
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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 is pleased to announce that a subsidiary of the company has entered into a non-exclusive agreement with Samsung Electronics Co, Ltd ("Samsung") for the distribution of Samsung's air conditioning solutions in Israel – Samsung AC products. The distribution agreement includes standard provisions such as minimum sales turnover targets, product returns, etc.
According to the company's assessment, based on the sales targets and the business plan, this agreement is likely to increase the company's sales turnover in the relevant business sector by tens of millions of NIS in the coming year.
The company will distribute Samsung's products in parallel to the distribution and marketing of other air conditioning systems, and according to the company's assessment, this move is expected to strengthen its position in the field. The company's estimates regarding the expected increase in the company's sales turnover in the business sector, as a result of the distribution agreement, are forward-looking information as defined in the Securities Law, 1968. These estimates are based, among other things, on the company's assessment considering the targets set in the agreement, the company's business plan, the current demand for such products, and the environment in which the company operates. Actual results may be influenced by factors not under the company's control, including risk factors associated with its activity. Thus, there is no certainty that the above will indeed materialize and actual results may vary materially from these assessments.
| 2. | Date and time on which the corporation first became aware of the event or matter: 17/11/2025 at 20:00 | ||
|---|---|---|---|
| 3. | If the report was delayed – the reason for the delay: | ||
| 4. | |||
| On date: at: the impediment to reporting was removed. | |||
5.
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[ ] The company is a shell corporation as defined in TASE's bylaws.
| Signatory Name | Role | ||
|---|---|---|---|
| Daniel Zalkind | Chairman of the Board | ||
| Zvika Schwimmer | CEO |
Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports), 1970 – a report submitted under these regulations shall be signed by those authorized to sign for the corporation. Staff position on this subject is available on the ISA website: Click here
Previous document references on the subject (mention does not constitute incorporation by reference): None
Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange
Short name: ELECTRA CONSUMER
Address: 1 Yosef Sapir St., Rishon Lezion 7570460
Phone: 03-9530920 Fax: 03-9612664
Email: [email protected]
Company website: www.electra-consumer.co.il
Previous names of the reporting entity: Elco Real Estate Ltd, Electra Consumer Products Ltd, Electra Industries 1970 Ltd
Name of electronic filer: Meirav Keinan Wagner
Role: External Legal Advisor
Employer: Goldfarb Seligman & Co., Attorneys-at-Law
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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.
Address: 98 Yigal Alon St., Tel Aviv 6789141
Phone: 03-6089816 Fax: 03-6089908
Email: [email protected]
Form structure last updated: 06/08/2024
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