Max Stock Limited Announces Change in Shares Held by a Controlling Shareholder

Rhea-AI Summary

Max Stock Limited (TASE: MAXO), Israel's leading extreme value retailer, announced a significant change in its shareholding structure. Moose Holdco Ltd., a controlling shareholder, has sold 7,792,208 shares (approximately 5.6% of the company's share capital) in an off-exchange transaction at ILS 15.40 per share.

Following the transaction, Moose Holdco's ownership has decreased from approximately 28.2% to 22.6% of Max Stock's share capital (22.4% on a fully diluted basis). The company operates 64 locations throughout Israel, offering affordable products for everyday needs.

Moose Holdco is wholly owned by AMI Opportunities, a Guernsey-based private investment fund, which is controlled by AMI Foundation and advised by Apax Partners Israel Ltd.

CAESAREA, Israel, June 30, 2025 /PRNewswire/ -- Max Stock Limited (TASE: MAXO) ("the Company," "Max Stock") today announced that it has been informed that Moose Holdco Ltd. ("Moose Holdco"), one of the Company's controlling shareholders, sold 7,792,208 shares (~5.6% of the Company's share capital and ~20% of its holdings of Company shares) in an off-exchange transaction. Prior to the sale, Moose Holdco held 39,350,594 shares, reflecting ~28.2% of the Company's share capital; following its sale of shares, Moose Holdco still holds 31,558,386 shares, reflecting ~22.6% of the Company's share capital (~22.4% on a fully diluted basis). The sale was performed at a price of ILS 15.40 per share.

Moose Holdco and the Company's other controlling shareholder and CEO, Mr. Ori Max, are party to a shareholder agreement regulating their relationship. The Company has been informed that Moose Holdco is wholly (100%) owned (indirectly) by AMI Opportunities, a foreign private investment fund (incorporated in Guernsey). AMI Opportunities is wholly-controlled (indirectly) by AMI Foundation (a corporation incorporated in Guernsey) through its organs (and particularly its directors (councilors) - Carl Hermann Konrad Friedlaender and Bruce Stephen James and its guardian - Robert Edward Alistair Eden ("AMI Foundation"). To the Company's best knowledge, AMI Foundation is advised by Apax Partners Israel Ltd.

About Max Stock

Max Stock is Israel's leading extreme value retailer, currently present in 64 locations throughout Israel. We offer a broad assortment of quality products for customers' everyday needs at affordable prices, helping customers "Dream Big, Pay Small." For more information, please visit https://ir.maxstock.co.il.

This is an English translation of segments of a Hebrew immediate report that was published on June 30, 2025 (Ref. No: 2025-01-046787) (hereinafter: the "Hebrew Version"). This English version is only for convenience purposes. This is not an official translation and has no binding force. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail.

Company Contacts:
Talia Sessler
Chief Corporate Development and IR Officer
talia@maxstock.co.il

FAQ

What percentage of Max Stock (MAXFF) shares did Moose Holdco sell in June 2025?

Moose Holdco sold 7,792,208 shares, representing approximately 5.6% of Max Stock's share capital and about 20% of Moose Holdco's holdings in the company.

What is Moose Holdco's remaining ownership stake in Max Stock after the June 2025 sale?

After the sale, Moose Holdco retains 31,558,386 shares, representing approximately 22.6% of Max Stock's share capital (22.4% on a fully diluted basis).

What was the price per share in Moose Holdco's Max Stock share sale?

The shares were sold at ILS 15.40 per share in an off-exchange transaction.

How many retail locations does Max Stock operate in Israel as of June 2025?

Max Stock operates 64 locations throughout Israel as the country's leading extreme value retailer.

Who owns Moose Holdco Ltd., the selling shareholder of Max Stock?

Moose Holdco is wholly owned by AMI Opportunities, a Guernsey-based private investment fund, which is controlled by AMI Foundation and advised by Apax Partners Israel Ltd.