SCHEDULE: Yelin Lapidot Group Updates Ellomay Capital Stake to 11.5%
Beneficial Ownership Report
Yelin Lapidot Holdings Management Ltd. and its affiliates reported an updated beneficial ownership of 11.5% in Ellomay Capital Ltd. as of September 30, 2025.
Summary
- Yelin Lapidot Holdings Management Ltd., along with Dov Yelin and Yair Lapidot, collectively reported beneficial ownership of 1,584,920 Ordinary Shares of Ellomay Capital Ltd., representing 11.50% of the class.
- This ownership is based on 13,779,585 Ordinary Shares outstanding as of September 10, 2025.
- Yelin Lapidot Provident Funds Management Ltd., a subsidiary, beneficially owns 730,028 Ordinary Shares, accounting for 5.30% of the class.
- Yelin Lapidot Mutual Funds Management Ltd., another subsidiary, beneficially owns 854,892 Ordinary Shares, accounting for 6.20% of the class.
- The beneficial ownership reported by the subsidiaries is held for the benefit of the members of their respective provident and mutual funds.
- Dov Yelin and Yair Lapidot, co-owners of Yelin Lapidot Holdings, disclaim beneficial ownership of the securities, as do Yelin Lapidot Holdings and its subsidiaries, stating the shares are held for the benefit of fund members.
Sentiment
Score: 5
Explanation: The filing is a routine beneficial ownership update (Schedule 13G/A) and does not contain information that would significantly alter the perception of the company's financial health or strategic direction. It is a factual disclosure of an institutional stake.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding Ellomay Capital Ltd.'s future performance or operations.
Management Comments
- Messrs. Yelin and Lapidot are responsible for the day-to-day management of Yelin Lapidot Holdings.
- The Subsidiaries (Yelin Lapidot Provident Funds Management Ltd. and Yelin Lapidot Mutual Funds Management Ltd.) 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.
- Messrs. Yelin and Lapidot, Yelin Lapidot Holdings, and the Subsidiaries disclaim beneficial ownership of any such securities.
Industry Context
This filing is a routine disclosure of beneficial ownership by an institutional investor group, Yelin Lapidot, in Ellomay Capital Ltd. It reflects an update to their stake, which is common practice for investment firms managing various funds.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership in Ellomay Capital Ltd.
Key Dates
| Date | Description |
|---|---|
| 2018-12-05 | Date of Shareholders' Agreement for Yelin Lapidot Holdings, entitling Messrs. Yelin and Lapidot to jointly appoint the majority of board members until the 'Suspension Period' ends. |
| 2025-09-10 | Date as of which Ellomay Capital Ltd. had 13,779,585 Ordinary Shares outstanding. |
| 2025-09-12 | Date of issuer's Form 6-K filing reporting outstanding shares. |
| 2025-09-30 | Date of event which required the filing of this statement (ownership snapshot). |
| 2025-11-05 | Date of filing of this Schedule 13G Amendment No. 6 and the Joint Filing Agreement. |
Keywords
Ellomay Capital Ltd., Yelin Lapidot Holdings Management Ltd., Beneficial Ownership, Schedule 13G, Institutional Investor, Ordinary Shares, Investment Funds, Israel
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