Isracard Ltd.
Registration Number: 510706153
To:
Form Number: T053 (Public)
Filed on MAGNA: 25/11/2025 Reference Number: 2025-01-091617
Supplementary Report to the report submitted on: 22/10/2025 (Reference Number: 2025-01- 079122)
Main Details Added / Completed:
Following the Company's report dated 22 October 2025, the Company is honored to update that on 24 November 2025 the Supervisor of Banks informed the Company that he does not object to the appointment of Mr. Furman to the position. Mr. Furman is expected to begin his term on 1 February 2026.
Immediate Report on an Event or Matter Outside the Regular Course of the Corporation's Business
Regulation 36 of the Securities Regulations (Periodic and Immediate Reports), 1970
The results of an issuance must be reported on form T20 and not this form. Report on bond rating or corporation rating must be submitted via form T125.
Report on:
[ ] Report submission delayed
Nature of the Event:
The Board of Directors of the Company decided to appoint Itamar Furman as CEO.
1. Further information:
Following what was stated in the Company's immediate report dated 13 August 2025 (Reference Number 2025-01-060306), regarding the statement of the Company's CEO, Mr. Ran Oz, about his intention to end his tenure as Company CEO; and the Company's immediate report dated 10 September 2025 (Reference Number 2025-01-068589), regarding the Board of Directors' decision to appoint a search committee to select a CEO for the Company in place of Mr. Oz, the Company is honored to update that on 22 October 2025 the Board of Directors unanimously approved the recommendation of the Board's search committee to appoint Mr. Itamar Furman as the Company's CEO, subject to receiving the approval or non-objection of the Supervisor of Banks for the appointment. The date of Mr. Furman's commencement will be set later, and he is expected to start his term after completing an overlap with Mr. Oz.
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- Date and Time the Corporation First Became Aware of the Event or Matter:
- 22/10/2025 at 17:35
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- If the report was delayed the reason for the delay:
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- On Date: --- (if relevant: the barrier for reporting was removed)
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- The company is a shell company as defined in the TASE regulations.
Details of the authorized signatories on behalf of the corporation:
| # |
Name |
Position |
| 1 |
Adv. Noa Naveh |
Other: Deputy CEO, Chief Legal Counsel |
| 2 |
Adv. Yotam Kweller |
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 the authorized signatories on behalf of the corporation. Staff position on this topic 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: Isracard
Address: 12 Bar Kochva St., Bnei Brak; P.O. Box 2025, Zip Code 5112001
Phone: 03-6895166 Fax: 03-6895374
Email: [email protected] Website: http://digital.isracard.co.il
Names of previous reporting entity:
Electronic submitter: Yotam Hillel Kweller Position: Company Secretary
Address: 12 Bar Kochva St., Bnei Brak; 2025, Zip Code 5112001
Telephone: 03-6895166
Fax: 03-6895374
Email: [email protected]
Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange.
Form structure update date: 06/08/2024