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Amal Holdings Joins The Tel Aviv Stock Exchange - Amal Holdings Is One Of 20 New Companies To Join TASE Since The Beginning Of 2025

Date 04/12/2025

Management of Amal Holdings opened trading this morning, in celebration of its listing on TASE.

Amal Holdings is one of the 20 companies that have opted to conduct a share IPO on TASE since the beginning of the year. This offering is particularly notable as it is the largest on the Israeli market since 2019, serving as yet another indication of the strength and resilience of Israel’s capital market and the confidence investors place in the local economy.

Amal Holdings has been operating for nearly four decades and is one of Israel’s leading companies in home nursing care, management of nursing homes, mental-health rehabilitation, and services for individuals with special needs. Since its inception, Amal has acquired and merged dozens of companies and activities, demonstrating consistent and impressive growth over the years. In the first nine months of 2025, the Company’s revenues totaled NIS 1.6 billion.

Since the IPO, the Company’s share has delivered a return of 7%, bringing the company’s current market cap of NIS 2.8 billion.

Dalia Korkin, CEO of Amal Holdings, said: “Amal and Beyond has been built over the years on a single, fundamental principle: caring for people. Our core purpose is to assist, care for, rehabilitate, and enable a better quality of life for the elderly, individuals coping with mental-health challenges, and people with special needs. This mission forms the basis of everything we undertake. The IPO is more than just a business milestone; it is proof of the strength and dedication of our thousands of employees: caregivers, professional teams, and managers who come to work every day driven by a genuine sense of mission. Without their commitment, we would not have reached this moment. As we enter this next phase of growth, we carry a profound responsibility and a commitment to continue serving our communities with sensitivity, dedication, and professionalism while generating value for our investors.”

Anat Giron, Head of the Listings Unit at TASE, added: "Amal Holdings' IPO reflects investor confidence in the company and in the Israeli capital market. The Services Subsector currently comprises 24 companies with a combined market cap of NIS 22 billion, and Amal Holdings occupies a central position within this group. I wish the company, its employees, and its shareholders great success moving forward, along with good health."

In the picture: Lilach Asher-Topilsky, Chair of the Amal and Beyond Group; Dalia Korkin, CEO of Amal Group; Ittai Ben Zeev, TASE CEO; Anat Giron, Head of the Listings Unit at TASE, and management members of Amal and Beyond.

Photography credit: Dror Sithakol, authorized for use for no consideration.