Menora Mivtachim

Ellomay Capital (ELLO) announced a private placement of 926,000 shares to Israeli investors at NIS 54 per share, expecting NIS 50 million gross proceeds. Menora Mivtachim will acquire approximately 6% ownership. Closing is expected in July 2025, pending regulatory approval. Proceeds will be used for general corporate purposes. The placement offers a slight discount to recent trading prices. Existing shareholders may experience dilution.