| Share Capital |
Note 16 – Share Capital
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December 31 |
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December 31 |
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2025 |
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2024 |
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Number of shares |
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Ordinary shares with par value of NIS 0.1
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180,000,000
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180,000,000
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Share capital |
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Share premium |
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As of December 31 |
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As of December 31 |
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As of December 31 |
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2025 |
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2024 |
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2025 |
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2024 |
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2025 |
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2024 |
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Number of shares |
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USD in thousands |
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USD in thousands |
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USD in thousands |
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USD in thousands |
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Fully paid-up ordinary shares with par value of NIS 0.1
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132,133,899
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118,564,895
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3,711
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3,308
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1,319,716
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1,028,532
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C. |
Changes in fully paid-up share capital |
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Number of shares |
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Balance as of January 1, 2024 |
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117,963,310
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Exercise of options by employees |
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601,585
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Balance as of December 31, 2024 |
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118,564,895
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Issuance of shares (1) |
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11,396,012
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Conversion into shares of convertible debentures |
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33,163
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Exercise of options by employees and vesting of RSUs |
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2,139,829
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Balance as of December 31, 2025 |
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132,133,899
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(1) |
On August 21, 2025, the Company completed an issuance of 11,396,012
ordinary Company shares, with a par value of NIS 0.1
each. The total (gross) consideration amounted to approximately NIS 1,000
million (USD 292.5
million). |
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