TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.