Significant Expansion of Activity

Companies in the trade, industry and services sectors often report weak profit margins that hinder organic growth. Listing on the TASE provides companies with significant leverage to expand activity,  while issuing shares or bonds to the public helps companies rapidly implement accumulated knowledge and business and operational capabilities.

An Ever-Expanding Universe

132
Listed Companies
In the Sector
177
Billion NIS
Market Value of Shares in the Sector
46
Billion NIS
Market Value of Bonds in the Sector
*As of June 30,2021

Exceptional Benefits of TASE-Issued Shares and Bonds

Low Financing Costs

A bond issue is a cheaper alternative to bank financing

Company Value

Listing on the TASE enhances company value



Liquidity

The ability of stakeholders to realize their holdings

Better Credit Terms

Banks usually approve better credit terms for public companies

Capital in
Perpetual Motion

Shelf Prospectus – Keeps You on the Fast Track

A shelf prospectus is an established financial instrument used exclusively and frequently in sophisticated global markets. It enables listing parties who meet the necessary legal requirements, to offer shares to the public, using the same shelf prospectus several times over a relatively long period of time and at relatively short notice without the costly process of obtaining a prospectus permit each time they issue. This affords public companies considerable flexibility when embarking on a process of issuing shares or raising debt.

Over 100 regulatory amendments

The Tel Aviv Stock Exchange and Israel Securities Authority (ISA) issued unprecedented leniencies and innovative programs for small and novice companies, designed to facilitate their maiden listing on the Tel Aviv Stock Exchange. These programs simplify the listing process and keep maintenance costs at a minimum for a company in its public-trading infancy.

Success Story

Enlight Renewable Energy

The company is engaged in the development, setting up and operation of solar and wind energy power generation projects in Israel and Europe.

2010

  • On June 30, 2010, the company merged into Sahar Investments.
  • Company market value of NIS 55 million on merger date.

2012-2018

  • During said years, the company raised capital in an amount of NIS 275 million and its market value climbed to NIS 1.0 billion.


2019

  • First significant capital raising of NIS 582 million.
  • In early 2019 the company raised capital based on a company value of NIS 1.5 billion, which by the end of the year reached NIS 3.2 billion.
  • Raised debt in an amount of NIS 222 million.

2020

  • Significant capital raising of NIS 367 million.
  • In early 2020 the company raised capital based on a company value of NIS 3.5 billion, which by the end of the year reached NIS 4.8 billion.
  • Raised debt in an amount of NIS 351 million.

2021

  • Raised capital in an amount of NIS 590 million.
Enlight Renewable Energy

June 2010- Completion of merger into Sahar Investments with market cap of 55 Million NIS

Current Market Value

5.7

Billion NIS

Share yield since the merger

2,570%

* Yield as of June 30, 2021.

There’s so much more we can tell you about raising capital on the Tel Aviv Stock Exchange

We’d love to meet with you so we can get to know your company and help you to take it to the next level.

For more information:
Lior Navon - Head of Sales and Market Developments,
TASE
Mail: liorn@tase.co.il
Tel: +972-76-8160536
Mobile: +972-52-8322621

Sharon Fridrich Peled - Sales&Markets Development Manager
Mail: sharonf@tase.co.il
Mobile: +972-54-5324654