SCHEDULE: Yelin Lapidot Group Maintains 10.24% Stake in Ellomay Capital

Yelin Lapidot Holdings Management Ltd. and its affiliates reported a combined 10.24% beneficial ownership in Ellomay Capital Ltd. as of December 31, 2025.

Summary

• Yelin Lapidot Holdings Management Ltd., along with Dov Yelin and Yair Lapidot, collectively reported beneficial ownership of 1,411,082 Ordinary Shares of Ellomay Capital Ltd., representing 10.24% of the class outstanding.
• This ownership is primarily held through two wholly-owned subsidiaries: Yelin Lapidot Mutual Funds Management Ltd. and Yelin Lapidot Provident Funds Management Ltd.
• Yelin Lapidot Mutual Funds Management Ltd. beneficially owns 819,016 Ordinary Shares, accounting for 5.94% of the total outstanding shares.
• Yelin Lapidot Provident Funds Management Ltd. beneficially owns 592,066 Ordinary Shares, representing 4.30% of the total outstanding shares.
• Yelin Lapidot Provident Funds Management Ltd. has ceased to be the beneficial owner of more than 5% of the class of securities, as noted in Item 5.
• The beneficial ownership percentages are based on 13,781,230 Ordinary Shares outstanding as of December 31, 2025, as reported by the issuer to the reporting persons.
• Dov Yelin and Yair Lapidot, who are responsible for the day-to-day management of Yelin Lapidot Holdings, disclaim beneficial ownership of these securities, stating they are held for the benefit of the members of the respective funds.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as moderately positive. The continued significant aggregate ownership by a major institutional group suggests ongoing confidence, despite one subsidiary's stake falling below the 5% threshold.

Positives

• The Yelin Lapidot group, a significant institutional investor, maintains a substantial stake of over 10% in Ellomay Capital Ltd., which can be viewed as a continued vote of confidence in the company.

Negatives

• Yelin Lapidot Provident Funds Management Ltd. has reduced its stake below the 5% threshold, indicating a decrease in its individual beneficial ownership percentage.

Risks

• NA

Future Outlook

This Schedule 13G filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Ellomay Capital Ltd.'s operational or financial performance.

Management Comments

• Messrs. Yelin and Lapidot, Yelin Lapidot Holdings, and the Subsidiaries disclaim beneficial ownership of any such securities, stating that any economic interest or beneficial ownership is held for the benefit of the members of the provident funds or mutual funds.

Industry Context

StockSavvy.ai notes that the continued significant stake by Yelin Lapidot, a prominent Israeli investment management group, in Ellomay Capital Ltd. indicates ongoing institutional interest in the company. While one subsidiary's stake dipped below 5%, the overall group's aggregate holding remains substantial, suggesting a long-term investment perspective. This type of disclosure provides transparency into major shareholder positions, which can influence market perception and investor confidence.

Comparison to Industry Standards

• This Schedule 13G filing primarily reports beneficial ownership percentages and does not provide operational or financial results that can be directly compared to industry benchmarks or specific competitor performance.

Stakeholder Impact

• Shareholders: The disclosure provides transparency regarding a significant institutional holder's stake, which can influence investor sentiment and potentially provide stability.
• Management: Awareness of a large institutional shareholder can influence strategic decisions and corporate governance.

Key Dates

Keywords

Ellomay Capital, Yelin Lapidot, Beneficial Ownership, Institutional Investor, SEC Filing, Schedule 13G, Ordinary Shares, Investment Management, Shareholder Stake