SCHEDULE 13G/A: Meitav Investment House and Provident Funds Disclose Significant Stake in Enlight Renewable Energy
Beneficial Ownership Report
Meitav Investment House Ltd. and Meitav Provident Funds & Pension Ltd. have jointly reported beneficial ownership of 10.62% and 5.55% respectively, in Enlight Renewable Energy Ltd.'s ordinary shares as of February 16, 2025.
Summary
- MEITAV INVESTMENT HOUSE LTD. reported beneficial ownership of 12,617,928 ordinary shares, representing 10.62% of Enlight Renewable Energy Ltd.'s outstanding shares.
- MEITAV PROVIDENT FUNDS & PENSION LTD. reported beneficial ownership of 6,589,417 ordinary shares, representing 5.55% of Enlight Renewable Energy Ltd.'s outstanding shares.
- The beneficial ownership is held by various direct or indirect subsidiaries of MEITAV INVESTMENT HOUSE LTD., including MEITAV MUTUAL FUNDS LTD. (1.77%), MEITAV PROVIDENT FUNDS & PENSION LTD. (5.55%), and MEITAV PORTOLIO MANAGEMENT LTD. (3.30%).
- The total outstanding ordinary shares of Enlight Renewable Energy Ltd. were 118,787,075 as of February 16, 2025.
- The filing indicates that the securities were not acquired for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The document is a factual regulatory filing disclosing beneficial ownership, which is neutral in sentiment. It does not contain positive or negative performance indicators or forward-looking statements.
Positives
- Significant institutional investment by Meitav Investment House Ltd. and Meitav Provident Funds & Pension Ltd. indicates confidence in Enlight Renewable Energy Ltd.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, which could influence market perception and liquidity.
Key Dates
| Date | Description |
|---|---|
| 02/16/2025 | Date of event which requires filing of this statement and the date as of which the number of outstanding shares was reported. |
| 02/17/2025 | Date of signing of the Schedule 13G by MEITAV INVESTMENT HOUSE LTD. and MEITAV PROVIDENT FUNDS & PENSION LTD. |
Keywords
Enlight Renewable Energy Ltd, MEITAV INVESTMENT HOUSE LTD, MEITAV PROVIDENT FUNDS & PENSION LTD, Schedule 13G, Beneficial Ownership, Ordinary Shares, Institutional Investment, Renewable Energy, Israel
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