
July 13, 2025 457661
Att:
TASE members
Re: Non-Compliance with the Maintenance Rules Based on Data as of June 30, 2025-Notice
-
- According to the Fourth part of TASE's Rules, a company is in non-compliance with the maintenance Rules if one or more of the causes listed below apply to it:
- a. The public holdings value in the company's shares (of the same class) is less than NIS 5 million ("public holdings value cause").
- b. The public holding percentage:
1) The public holdings percentage in the company's shares (of the same class) is less than 5%, Or
- 2) The public holdings percentage in the company's shares (of the same class) is less than 15%, but higher than 5% and the public holdings value in the company's shares (of the same class) is less than NIS 15 million ("public holdings percentage cause").
-
- TASE's Regulations prescribe an exemption for each of the aforementioned causes. Accordingly
- a. Shares will not be transferred to the maintenance list for a public holdings value cause if the public holdings value in them is higher than NIS 4 million, and the company's shares have a market-maker.
- b. Shares will not be transferred to the maintenance list for a public holdings percentage cause if public holdings percentage in them is higher than 12.5%, and the company's shares have a market-maker.
-
- Shortly after June 30, 2025, TASE reviewed the companies' compliance with the Maintenance Rules.
Companies that are not in compliance with the Maintenance Rules were notified of their noncompliance and were given an extension until December 31, 2025 to achieve compliance.
| company's name |
Issuer no. |
Public holdings value as of June 30, 2025 (NIS, in millions) |
| UPSELLON BRANDS HOLDINGS |
456 |
3.72 |
| SILVER CASTLE HOLDINGS |
1320 |
3.22 |
SONOVIA-The company's shares Do not have a market-maker. |
2304 |
4.22 |
| PLANTARC BIO |
1819 |
3.44 |
| FLYING SPARK |
1868 |
1.90 |
| FEAT FUND INVESTMENTS |
1850 |
3.34 |
| UNIC-TECH |
1881 |
2.58 |
a. Following is a list of the companies that are not in compliance with the Maintenance Rules:
b. Following is a list of the companies that are not in compliance with the Maintenance Rules, but meet the conditions of the exemption, as described in section 2 above:
| company's name |
Issuer no. |
Public holdings value as of June 30, 2025 (NIS, in millions) |
Public holdings precentage as of June 30, 2025 |
STORAGE DROP STORAGE TECHNOLOGIES |
1562 |
4.26 |
|
| AUTOMAX MOTORS |
2280 |
4.60 |
|
| BEYON3D |
1859 |
4.91 |
|
| SMART AGRO |
1817 |
4.15 |
|
| VISION SIGMA |
350 |
|
12.65 |
| HAMAMA MEIR TRADING |
1453 |
|
13.55 |
| IARGENTO HI TECH ASSETS |
|
4.38 |
|
- The next review will be held for data as of December 31, 2025.
Following the examination of the data, TASE's CEO will be requested to transfer to the maintenance list shares and convertible securities of the companies on the list presented in section 3. above, if on the date of the review they do not comply with the Maintenance Rules and do not meet the conditions of the exemption.
sincerely
( - )
Listing Companies Compliance Unit