Menora Mivtachim Holdings Ltd. Acquires 5.24% Passive Stake in Kenon Holdings Ltd.

On May 19, 2026, Menora Mivtachim Holdings Ltd., an Israeli-based financial group, filed a Schedule 13G reporting a new 5.24% passive ownership stake in Kenon Holdings Ltd. (KEN). The filing indicates that as of May 7, 2026, Menora Mivtachim Holdings Ltd. beneficially owns a total of 2,732,924 ordinary shares. The ownership is distributed across several subsidiaries: Menora Mivtachim Pensions and Gemel Ltd. holds 2,432,440.11 shares (4.67%), Menora Mivtachim Insurance Ltd. holds 283,415.22 shares (0.54%), and Menora Mivtachim Vehistadrut Hamehandesim Nihul Kupot Gemel Ltd. holds 17,068.60 shares (0.03%). The filing clarifies that the economic interest in these securities is held for the benefit of insurance policyholders, pension fund members, and portfolio account owners. The reporting person certified that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. This filing represents an increase from a previously reported 0% position.