SCHEDULE: Meitav Investment House Discloses 9.6% Stake in Enlight Renewable Energy

Meitav Investment House Ltd. has reported a 9.6% beneficial ownership stake in Enlight Renewable Energy Ltd., totaling 12,608,497 ordinary shares.

Summary

• MEITAV INVESTMENT HOUSE LTD has filed an Amendment No. 4 to Schedule 13G, disclosing its beneficial ownership in Enlight Renewable Energy Ltd.
• The reporting person, an Israeli investment house, holds 12,608,497 ordinary shares, representing 9.6% of the total 131,403,429 outstanding shares as of August 21, 2025.
• This ownership is held through various direct or indirect subsidiaries, including MEITAV MUTUAL FUNDS LTD (2,158,648 shares, 1.64%), MEITAV PROVIDENT FUNDS & PENSION LTD (6,363,738 shares, 4.84%), and MEITAV PORTFOLIO MANAGEMENT LTD (4,086,111 shares, 3.11%).
• The beneficial ownership is primarily shared voting and dispositive power, with each subsidiary operating under independent management and making independent investment decisions.
• The filing certifies that the securities were not acquired for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: The filing indicates a significant institutional investment, which is generally a positive signal for the company, suggesting confidence from a major financial entity. However, it is a factual disclosure of ownership rather than a performance update, so the sentiment is moderately positive due to the implied confidence.

Positives

• Increased institutional ownership by a significant Israeli investment house, potentially signaling confidence in Enlight Renewable Energy Ltd.
• Diversified ownership across different Meitav subsidiaries (mutual funds, provident funds, portfolio management) suggests broad institutional interest in the company.

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• The securities reported herein were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Industry Context

The filing indicates continued institutional interest in the renewable energy sector, with a major Israeli investment house taking a significant stake in Enlight Renewable Energy Ltd. This aligns with broader global trends of increasing investment in sustainable and clean energy companies.

Comparison to Industry Standards

• NA

Legal Proceedings

• NA

Related Party Transactions

• NA

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake (9.6%) by MEITAV INVESTMENT HOUSE LTD could be viewed positively, potentially increasing investor confidence and liquidity.
• Company Management: A large institutional holder may exert influence through voting power, though the filing states the stake is not for control purposes.

Next Steps

• NA

Key Dates

Recommendation

The filing indicates a substantial institutional stake by MEITAV INVESTMENT HOUSE LTD in Enlight Renewable Energy Ltd., which can be interpreted as a vote of confidence. However, as a Schedule 13G, it primarily reports ownership and does not provide new financial performance data or strategic updates from the issuer that would warrant a 'buy' or 'sell' recommendation. Existing shareholders should 'hold' as this institutional interest is a positive signal, but further analysis of the company's fundamentals and market conditions is required for a stronger recommendation.

Keywords

Enlight Renewable Energy, MEITAV INVESTMENT HOUSE, Schedule 13G, beneficial ownership, renewable energy, institutional investment, ordinary shares, Israel