Phoenix Financial Ltd. Reports 5.32% Passive Stake in Nayax Ltd.

On May 27, 2026, Phoenix Financial Ltd., an Israeli-based financial services group, filed a Schedule 13G reporting a new 5.32% passive ownership stake in Nayax Ltd. (NYAX). The filing indicates that Phoenix Financial Ltd. beneficially owns a total of 1,947,957.84 ordinary shares as of the event date on May 12, 2026. These shares are held across various subsidiaries and accounts, including the Partnership for Israeli shares (1,206,079 shares), The Phoenix Investments House trust funds (635,051.84 shares), and other insurance and "nostro" accounts. The reporting person clarified that each subsidiary operates under independent management and makes autonomous voting and investment decisions. The filing includes a certification that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This initial filing marks Phoenix Financial Ltd. as a significant institutional shareholder in the Herzeliya-based fintech company.