Meitav Investment House Ltd. Reduces Stake in Formula Systems (1985) Ltd. to 4.96%

On June 8, 2026, Meitav Investment House Ltd. filed a Schedule 13G/A with the SEC, reporting a decrease in its holdings of Formula Systems (1985) Ltd. (FORTY). As of the event date on June 4, 2026, the reporting person beneficially owns 760,367 ordinary shares, representing 4.96% of the company's total outstanding shares. This reflects a reduction from the previously reported 819,837 shares (5.35% ownership). The shares are held by several subsidiaries under independent management, including Meitav Tachlit Mutual Funds Ltd. (1.73%), Meitav Provident Funds & Pension Ltd. (2.19%), and Meitav Portfolio Management Ltd. (1.04%). Meitav Investment House Ltd. disclaims beneficial ownership of these securities in excess of its actual pecuniary interest. The filing, which marks the 14th amendment to the original schedule, indicates that the securities were not acquired for the purpose of changing or influencing the control of the issuer. The calculation of ownership is based on 15,334,667 ordinary shares outstanding.