This morning (Tuesday, October 31, 2017), the management of Hanan Mor Group-Holdings rang the bell to open trading, marking the 10th anniversary of its TASE listing.
Hanan Mor, Chairman of Hanan Mor Group-Holdings stated: “We have set ourselves the target of building a company that will produce value and not just profits. We started as a small company and have become a major player in the real estate market. Having just concluded an exciting, action-packed decade, we are now looking toward the next decade where we see that we still have plenty to achieve in Israel.”
Uri Shavit, EVP and Chief Information Officer at TASE, added: “Hanan Mor currently has a market value of appx. NIS 210 million and, since the indexes reform February 2017, is now also included in the TA-Real Estate and TA-Growth indices. Yield per share stands at 390% since the group was first listed and at 18% since the beginning of 2017, with the group having a policy of distributing 25% of each year’s profits as dividends. The Israeli real estate market has been growing in recent years and we perceive a congruence between the real estate sector and the sector’s centrality at TASE, on which 134 real estate companies have listings – 93 companies for their shares and 41 companies for their bonds. We wish the company success for the future.
Pictured, from right to left: Uri Shavit, EVP, Chief Information Officer at TASE; Amnon Neubach, Chairman of the TASE board of directors; Zeev Lazar, Vice President, Legal Counsel; Avi Maor, Group CEO; Eran Mazot, incoming CFO; Hanan Mor, Group Chairman; Ami Bashiri, CFO; Sarit Perlmutter-Sugarman, Legal Counsel; Dror Even-Hen, Vice President, Marketing & Sales and Ittai Ben-Zeev, TASE CEO.
Photo credit: Guy Assiag, for no financial consideration.
