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Mydas Investments Announces Change in CEO’s Shareholdings

Story Highlights
  • Mydas operates in investment services with securities on the Tel Aviv Exchange.
  • CEO Avraham Elimelech increased holdings by 2,000 shares, maintaining 0.91% total securities.
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Mydas Investments Announces Change in CEO’s Shareholdings

Mydas ( (IL:MYDS) ) has provided an update.

The recent announcement from Mydas Investments details a small increase in the holdings of Avraham Elimelech, a director and CEO at the company. This change, resulting from a stock exchange transaction, indicates a purchase of 2,000 ordinary shares, slightly raising his total holdings to 850,000 shares while maintaining his overall percentage of total securities. Such changes reflect the ongoing adjustments in stakeholder positions within the company, potentially impacting its governance dynamics.

More about Mydas

Mydas Investments operates within the financial industry, primarily focusing on investment services. The company has previously been known as Mydas Investment Fund Ltd and Spencrete (1990) Ltd, and its securities are traded on the Tel Aviv Stock Exchange.

YTD Price Performance: 1.14%

Average Trading Volume: 107,785

Current Market Cap: ILS32.48M

Learn more about MYDS stock on TipRanks’ Stock Analysis page.

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