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The latest announcement is out from Plastofil ( (IL:PPIL) ).
Plastofil, a corporation whose securities are traded on the Tel Aviv Stock Exchange, announced a significant transaction involving its ordinary shares. Mrs. Sigalit Allall, through her wholly owned company TSMD Allall Holdings Ltd., acquired a substantial stake of 3,151,957 ordinary shares from Kibbutz Hazorea via EAK Investments Ltd., marking her as an interested party in the corporation. This off-exchange transaction at a price of 732 Agorot per share results in Mrs. Allall holding a 21% stake in both company capital and voting power. Such a substantial acquisition could potentially impact Plastofil’s future strategic decisions and influence its market position.
More about Plastofil
YTD Price Performance: 20.07%
Average Trading Volume: 7,679
Current Market Cap: ILS103.7M
See more insights into PPIL stock on TipRanks’ Stock Analysis page.