[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[]
Related Funds
[]
English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
oda_UpdateAnnouncementFlag|
Update Notification Flag
Evet (Yes)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
09.08.2024, 06.03.2025, 17.04.2025, 14.07.2025
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Evet (Yes)
oda_AnnouncementContentSection|
Announcement Content
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|
In relation to the sale of all our shares in Dorad Energy Ltd. ("Dorad"), which correspond to 25% of Dorad's capital, within the scope of our material event announcements dated 06.03.2025, 17.04.2025, and 14.07.2025;

The sale of the remaining 15% of our shareholding in Dorad, corresponding to a total of 1,596 shares with a nominal value of 1 New Israeli Shekel (NIS) each, which were subject to the right of first refusal of Dorad's existing shareholders, has been completed at a purchase price of 424,412,664 NIS to Ellomay Luzon Energy Infrastructures Ltd., based on the same share value as the 10% of our shares previously sold to the Phoenix Group under the signed share purchase agreement, due to Edelcom Ltd.'s failure to complete the necessary legal permits within the required timeframe. The final purchase price will be determined following tax related adjustments.

With the completion of the sale of our entire shares in Dorad, we have concluded all of our operations related to electricity production and sales in Israel.

Respectfully announced to the public.