SCHEDULE: Ellomay Capital Ltd. Stakeholder Filing

Yelin Lapidot Holdings Management Ltd. and associated entities report a combined beneficial ownership of 0.26% of Ellomay Capital Ltd.'s ordinary shares as of July 29, 2026.

Summary

• This filing is an amendment to a Schedule 13G, indicating a change in beneficial ownership reporting for Ellomay Capital Ltd.
• Yelin Lapidot Holdings Management Ltd., along with Dov Yelin, Yair Lapidot, and Yelin Lapidot Mutual Funds Management Ltd., are the reporting persons.
• The total beneficial ownership reported by these entities is 35,757 ordinary shares, representing 0.26% of the class.
• This ownership is primarily held through mutual funds managed by Yelin Lapidot Mutual Funds Management Ltd. (31,457 shares, 0.23%) and provident funds managed by Yelin Lapidot Provident Funds Management Ltd. (4,300 shares, 0.03%).
• Dov Yelin and Yair Lapidot hold significant stakes in Yelin Lapidot Holdings Management Ltd. and are involved in its day-to-day management.
• The filing states that the reporting persons do not hold these shares for the purpose of influencing control of Ellomay Capital Ltd.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership without new financial information or strategic changes.

Positives

• The reporting entities have disclosed their beneficial ownership, adhering to regulatory requirements.
• The filing clarifies that the shares are not held with the intent to influence or control the issuer.

Negatives

• The filing indicates a relatively small percentage of ownership (0.26%), suggesting limited direct influence on the company's control.
• The ownership is spread across multiple managed funds, potentially diluting direct control or decision-making power.

Risks

• The filing does not explicitly mention any new or emerging risks related to the company's operations or financial health.
• Potential future changes in ownership or investment strategies by the reporting entities could represent a risk to the company's stability.

Future Outlook

The filing does not contain specific forward-looking statements or guidance from Ellomay Capital Ltd. It pertains to the reporting of beneficial ownership by external entities.

Management Comments

• The Subsidiaries operate under independent management and make their own independent voting and investment decisions.
• Any economic interest or beneficial ownership in any of the securities covered by this report is held for the benefit of the members of the provident funds or mutual funds, as the case may be.
• This Statement shall not be construed as an admission by Messrs. Yelin and Lapidot, Yelin Lapidot Holdings or the Subsidiaries that he or it is the beneficial owner of any of the securities covered by this Statement, and each of Messrs. Yelin and Lapidot, Yelin Lapidot Holdings, and the Subsidiaries disclaims beneficial ownership of any such securities.
• Messrs Yelin and Lapidot are responsible for the day-to-day management of Yelin Lapidot Holdings.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures for institutional investors and significant shareholders. The relatively small percentage of ownership reported by Yelin Lapidot entities suggests they are passive investors in Ellomay Capital Ltd., rather than active participants seeking control.

Related Party Transactions

• Dov Yelin owns 24.38% of the share capital and 25.00% of the voting rights of Yelin Lapidot Holdings.
• Yair Lapidot owns 24.62% of the share capital and 25.00% of the voting rights of Yelin Lapidot Holdings.
• Messrs Yelin and Lapidot are responsible for the day-to-day management of Yelin Lapidot Holdings.
• In accordance with the Shareholders' Agreement, dated December 5, 2018, until the End of the 'Suspension Period', Messrs Yelin and Lapidot are entitled to jointly appoint the majority of the members of Yelin Lapidot Holdings board.

Stakeholder Impact

• Shareholders: The filing provides transparency on a significant investment management group's holdings, which can inform investment decisions.
• Management of Ellomay Capital Ltd.: The disclosure confirms the passive nature of this ownership stake, indicating no immediate threat to control.
• Regulatory Bodies: Ensures compliance with securities regulations regarding ownership disclosure.

Next Steps

• Continued monitoring of Ellomay Capital Ltd.'s financial performance and strategic announcements.
• Tracking any future changes in beneficial ownership reported by Yelin Lapidot entities or other significant shareholders.

Key Dates

Keywords

Ellomay Capital Ltd., Schedule 13G, Beneficial Ownership, Yelin Lapidot Holdings Management Ltd., Ordinary Shares, Investment Management, Shareholder Disclosure