Legal Proceedings Report • Jan 8, 2026
Legal Proceedings Report
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Company Registration Number: 513910703
Israel Securities Authority (www.isa.gov.il)
Tel Aviv Stock Exchange Ltd. (www.tase.co.il)
Form No.: T053 (Public)
MAGNA Transmission Date: 08/01/2026
Reference Number: 2026-01-003528
Regulation 36 to the Securities Regulations (Periodic and Immediate Reports), 1970
Results of an offering should be reported in form T20 and not in this form.
Reporting corporate or bond ratings must be submitted using form T125.
[ ] Delayed Report
Immediate Report
1.
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.
Following what was stated in Note 12A25 to the financial statements for the third quarter of 2025, published as part of the quarterly report on November 25, 2025 (reference number 2025-01-091526) (this information is incorporated by reference), regarding a claim and a request for its approval as a class action, which was filed against the company at the Central District Court (hereinafter: "the Court"), alleging that the company allegedly sent its customers marketing materials without obtaining prior consent and without providing an adequate opportunity to opt out of its mailing list (hereinafter: "the Request"), the company hereby announces that on January 7, 2026, the parties submitted to the Court an agreed motion to approve withdrawal from the Request, along with agreement concerning the wording of future mailings, as well as payment of a compensation, reimbursement of expenses and attorney's fees in an amount that is negligible for the company.
| 2. | |
|---|---|
| Date and time the company first became aware of the event or matter: 08/01/2026 at 08:44 |
|
| Reporting delayed according to Regulation 36(b): | |
| 3. | |
| If the report was delayed – reason for the delay: | |
| 4. | |
| On date at the reason preventing reporting was removed. | |
| 5. | |
| [ ] The company is a shell company as defined in the TASE regulations. |
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.
| Name | Position |
|---|---|
| Tal Friel-Man | Other VP, Legal Counsel and Corporate Secretary |
Note: According to Regulation 5 of the Periodic and Immediate Reports Regulations (1970), reports submitted according to these regulations must be signed by those authorized to sign on behalf of the corporation. Staff's position on the subject is available on the Israel Securities Authority website: Click here.
The company's securities are not listed for trading on the Tel Aviv Stock Exchange
Short name: I.D.I. Insurance
Address: 35 Afek Street, Petah Tikva 49511
Phone: 03-5654021 Fax: 03-5627257
E-Mail: [email protected]
Company Website: www.555.co.il
Previous names of the reporting entity: None stated.
Electronic Signatory Name: Ehud (Udi) Afron
Position: External Legal Counsel
Employer Company Name: M. Firon & Co., Advocates
Address: 2 HaShlosha Street, Tel Aviv-Yafo 6706054
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.
Phone: 03-7540000 Fax: 03-7540011
E-Mail: [email protected]
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