Rami Levi Chain Stores Hashikma Marketing 2006 Ltd. joined the Tel Aviv Stock Exchange (TASE) in 2007. One year earlier, it has concentrated all its retail activity within the framework of one company.
Rami Levi, CEO at Rami Levi Chain Stores Hashikma Marketing 2006 Ltd.: "Rami Levi Hashikma Marketing is celebrating a landmark anniversary of 10 years as a public company traded on the stock exchange. We are always putting our clients first, making sure we provide them at all times with the cheapest, highest standard shopping Cart. Our clients are the ones who have brought us to this point. Furthermore, joining the TASE has enabled us to share with our investors the chain's success and its continuous growth. When we joined the TASE, we operated seven branches with a trading volume of NIS 700 million and a market cap of NIS 450 million. Today, we run approx. 50 branches, a goal that seemed imaginary at the time, with a trading volume of NIS 5.5 billion a year. We intend to continue sharing with our investors, who are expressing their confidence in us, the fruits of the chain's development, including our plan to establish more branches in the centers of various cities in the coming years."
David Deri, Senior Vice President, Administration & Finance Department Manager at TASE: "Rami Levi is a success story. It is a role model for a retail company's development and growth through the stock exchange, and the numbers speak for themselves: the company's market cap is approx. NIS 2.3 billion, and it is included in TASE's leading indices: TA-90 and TA-125. Its stock yield since the first day of trading is approx. 586%.
"The Israeli and institutional investors are holding approx. 50% of the company stocks, and international investors are expressing great interest in it. We hope that other companies such as Rami Levi will also join TASE and raise funds so that they can develop and grow for the benefit of the entire Israeli economy."
Pictured: Rami Levi and his wife, Adina Levi; the Rami Levi company management; David Deri, Senior Vice President, Administration & Finance Department Manager at the TASE; and Ittai Ben-Zeev, CEO at the TASE.
Photo (free-of-charge): Guy Assayag.