Ellomay Capital Ltd. announced that it has accepted undertakings from Israeli classified investors to participate in a private placement of ILS 66,061,600 par value of its unsecured non-convertible Series F Debentures at a price of ILS 0.942 per 1 principal amount of the Additional Series F Debentures, for an aggregate gross consideration of ILS 62.2 million on October 24, 2024. Following completion of the private placement, the aggregate outstanding par value of the Company?s Series F Debentures will be NIS 328,090,736. The issuance of the Additional Series F Debentures is subject to the receipt of an approval from the Tel Aviv Stock Exchange for the listing of the Additional Series F Debentures for trading on the Tel Aviv Stock Exchange.

Resales of the Additional Series F Debentures will be restricted under applicable securities laws.