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Plastofil Announces Significant Share Acquisition by Sigalit Allall

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Plastofil Announces Significant Share Acquisition by Sigalit Allall

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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.

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