HAREL INSURANCE INVESTMENTS & FINANCIAL SERVICES LTD
Company Registration Number: 520033986
To:
Form Number: T121 (Public)
Date Filed on MAGNA: 02/12/2025 Reference: 2025-01-095404
Immediate Report for Material General Information
Explanation: Do not use this form when there is a tailored form for the reported event.
Note: This report form is intended for material reports for which there is no suitable dedicated form.
Note: Issuance results should be reported in Form T20 and not in this form.
Note: Reports on bond ratings or corporate ratings must be submitted using Form T125.
Event Nature:
End of Class Action - Harel Insurance
Reference numbers of previous reports on the matter: ____, ____, ____
Harel Insurance Investments & Financial Services Ltd. respectfully reports the following:
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.
As detailed in Note 12A(37) to the company's financial statements as of September 30, 2025, which were published on November 25, 2025 (Reference: 2025-01-091342), and further to immediate reports dated April 9, 2024 (Reference: 2024-01-035506), and November 17, 2025 (Reference: 2025-01-088132):
In November 2025, a request was submitted for the withdrawal of the petitioners from the lawsuit and a request for its approval as a class action (the "Certification request"), which had been submitted in April 2024 to the Tel Aviv District Court against the subsidiary, Harel Insurance Company Ltd. ("Harel Insurance"), alleging that Harel Insurance had allegedly sent advertisements to the petitioners and to a broad group of recipients without obtaining prior explicit consent from the recipient and without stating the legal name of Harel Insurance, such action allegedly contrary to the Communications Law (Telecommunications and Broadcasting), 1982.
On December 1, 2025, the court approved the withdrawal of the petitioners from the request for certification and ordered the deletion of the certification request and the dismissal of the individual claims of the petitioners.
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The Company is not a shell company as defined in the TASE regulations.
Date the company first became aware of the event:
01/12/2025 at 16:00
Details of the authorized signatories for the corporation:
| No. |
Signatory Name |
Position |
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| 1 |
Gilad Shapira |
Legal Advisor of the Company |
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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.
Explanation: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), a report submitted pursuant to these regulations shall be signed by those authorized to sign on behalf of the corporation. Staff position on the subject can be found on the authority website: Click here.
Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange
Short name: Harel Investments
Address: 3 Abba Hillel St., Ramat Gan, 5211802
Phone: 03-7547090, 03-7547111
Fax: 03-7547100
Email: [email protected]
Company website: www.harel-group.co.il
Previous names of the reporting entity:
Harel Investments in Insurance and Finance Ltd.
- Harel Investments Insurance and Finance Ltd.
- Harel Investments in Insurance Ltd.
- Harel Hamishmar Investments Ltd.
Electronic Signatory Name: Shapira Dov Gilad
Position: Legal Advisor Employer Company Name:
Address: 3 Abba Hillel St., Ramat Gan, 5211802
Phone: 03-7547090
Fax: Email: [email protected]
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