SCHEDULE: Harel Insurance Discloses Nayax Stake

Harel Insurance Investments & Financial Services Ltd. has reported a 5.3% stake in Nayax Ltd. as of June 30, 2026.

Summary

• Harel Insurance Investments & Financial Services Ltd. has filed a Schedule 13G, indicating beneficial ownership of 1,964,739 ordinary shares of Nayax Ltd.
• This holding represents 5.3% of Nayax Ltd.'s outstanding ordinary shares.
• The shares are held for members of the public through various managed funds, with subsidiaries operating under independent management and making independent voting and investment decisions.
• Harel Insurance Investments & Financial Services Ltd. certifies that these securities were not acquired to influence or change control of Nayax Ltd.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral score, as the filing is a routine disclosure of beneficial ownership without specific performance metrics or forward-looking statements from the company itself.

Positives

• Harel Insurance Investments & Financial Services Ltd. has taken a significant stake, potentially indicating confidence in Nayax Ltd.'s future prospects.
• The filing clarifies that the shares are managed independently, suggesting a passive investment rather than an attempt at control.

Negatives

• The filing does not provide specific financial performance data for Nayax Ltd., making it difficult to assess the investment's immediate value.
• The disclosure is a standard Schedule 13G filing, which typically signifies a passive investment and does not inherently imply a positive or negative outlook on the company's performance.

Risks

• The filing does not explicitly mention any risks associated with Nayax Ltd.'s business or the investment itself.
• Potential risks could include market volatility affecting the value of the shares held by Harel Insurance, and the possibility of regulatory changes impacting Nayax Ltd.'s operations.

Future Outlook

The filing itself does not contain forward-looking statements or specific guidance from Nayax Ltd. regarding its future performance. The investment by Harel Insurance Investments & Financial Services Ltd. may imply a positive outlook, but this is not explicitly stated.

Management Comments

• "With regard to the date of event that requires filing, see the explanatory note in Item 4."
• "With regard to Rows (6), (8) and (9), please see Item 4."
• "All of the 1,964,739 Ordinary Shares reported in this Statement as beneficially owned by the Reporting Person are held for members of the public through, among others, provident funds and/or mutual funds and/or pension funds and/or insurance policies and/or exchange traded funds, which are managed by subsidiaries of the Reporting Person, each of which subsidiaries operates under independent management and makes independent voting and investment decisions."
• "Consequently, this Statement shall not be construed as an admission by the Reporting Person that it is the beneficial owner of any of the Ordinary Shares covered by this Statement."
• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

StockSavvy.ai notes that significant institutional investment, even if passive, in a company like Nayax Ltd., which operates in the payment processing and financial technology sector, can signal growing market confidence or strategic interest in the company's niche.

Stakeholder Impact

• Shareholders: The increased institutional interest may be viewed positively, potentially leading to greater liquidity or market attention for Nayax Ltd. shares.
• Management of Nayax Ltd.: The passive nature of the investment, as certified, means no immediate pressure for control changes, allowing management to continue with their strategy.

Next Steps

• Monitor future filings from Harel Insurance Investments & Financial Services Ltd. for any changes in their stake in Nayax Ltd.
• Observe Nayax Ltd.'s subsequent financial reports and strategic announcements for performance indicators.

Key Dates

Keywords

Nayax Ltd, Harel Insurance, Schedule 13G, Beneficial Ownership, Ordinary Shares, Investment Management, Financial Services