Max Stock Limited Reports General Meeting Results

Rhea-AI Summary

Max Stock reported the results of its general meeting held on June 26, 2024. Shareholders approved all agenda items, including the reappointment of Ernst & Young Israel as the company’s auditor until the next annual general meeting. Additionally, the following directors were reappointed for another term: Zehavit Cohen, Ori Max, Erez Nahum, Limor Brik-Shay, Guy Gissin, and Suzan Mazzawi. This English overview is an excerpt from a Hebrew report and is not an official translation. Max Stock operates 64 locations in Israel and 2 in Portugal, offering a wide range of affordable products for everyday needs.

Positive

• Shareholders approved all agenda items, showing strong support for the company's current management and strategy.
• Reappointment of Ernst & Young Israel as the auditor ensures continuity and stability in financial oversight.

Negative

• None.

CAESAREA, Israel, June 26, 2024 /PRNewswire/ -- Max Stock Limited (TASE: MAXO) (the "Company") today held a general meeting of its shareholders and reported that all of the agenda items had been approved with the required majorities, as follows:

1. To reappoint Ernst & Young Israel to serve as the Company's auditor until the next annual general meeting and to authorize the Company's board to establish the auditor's fees.
2. To reappoint the following directors for an additional term on the Company's board of directors:
1. Ms. Zehavit Cohen (non-external director);
2. Mr. Ori Max (non-external director);
3. Mr. Erez Nahum (non-external director);
4. Ms. Limor Brik-Shay (non-external director);
5. Mr. Guy Gissin (non-external director);
6. Ms. Suzan Mazzawi (independent director).

This is an English overview of excerpts of a Hebrew immediate report that was published on June 26, 2024 (Ref. No: 2024-01-065218 (hereinafter: the "Hebrew Version")). This English version is only for convenience purposes. This is not an official translation and has no binding force. Whilst reasonable care and skill have been exercised in the preparation hereof, no translation can ever perfectly reflect the Hebrew Version. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail

About Max Stock
Max Stock is Israel's leading extreme value retailer, currently present in 64 locations throughout Israel and 2 locations in Portugal. We offer a broad assortment of quality products for customers' everyday needs at affordable prices, helping customers "Dream Big, Pay Small". For more information, please visit https://ir.maxstock.co.il

Company Contacts:
Talia Sessler,
Chief Corporate Development and IR Officer
talia@maxstock.co.il

 

 

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SOURCE Max Stock Limited

FAQ

What were the results of Max Stock 's general meeting on June 26, 2024?

All agenda items, including the reappointment of Ernst & Young Israel as the company's auditor and the reappointment of six directors, were approved.

Which directors were reappointed at Max Stock 's general meeting in 2024?

The reappointed directors include Zehavit Cohen, Ori Max, Erez Nahum, Limor Brik-Shay, Guy Gissin, and Suzan Mazzawi.

What is the stock symbol for Max Stock ?

The stock symbol for Max Stock is MAXFF.

How many locations does Max Stock operate?

Max Stock currently operates 64 locations in Israel and 2 locations in Portugal.

Which audit firm was reappointed by Max Stock for the next term?

Ernst & Young Israel was reappointed as the auditor for Max Stock