Phoenix Holdings Ltd. - May 21, 2024 Form 4 Insider Report for Stellus Private Credit BDC (NONE)

Role
10%+ Owner
Signature
/s/ Haggai Schreiber, Chief Investments Officer, Deputy CEO, /s/ Eli Schwartz, Deputy CEO, CFO, Head of Finance, /s/ Stuart Schapiro, Director, /s/ Alex Shchuchensky, CPA
Stock symbol
NONE
Transactions as of
May 21, 2024
Transactions value $
$0
Form type
4
Date filed
5/28/2024, 08:45 AM
Previous filing
Aug 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common shares Other +325K +17.92% 2.14M May 21, 2024 See footnote F1, F2
transaction NONE Common shares Other +57.3K +17.92% 377K May 21, 2024 See footnote F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 21 May, 2024, the Issuer issued a capital call notice to certain investors that have committed to purchase its common shares. Pursuant to such capital call notice, the Reporting Person was obligated to make a capital contribution of $5,830,594, and the Company issued 382,084 shares of Common Stock to the Reporting Person on such date.
F2 Holds interests of Stellus Private Credit BDC in Stellus Private Credit BDC Feeder LP. The ordinary shares are owned directly by Shotfut Ashrai Lo Sachir, which is a wholly-owned subsidiary of the Reporting Person. The Reporting Person is an indirect beneficial owner of the reported securities.
F3 Holds interests of Stellus Private Credit BDC in Stellus Private Credit BDC Feeder LP. The ordinary shares are owned directly by Phoenix Insurance Ltd., which is a wholly-owned subsidiary of the Reporting Person. The Reporting Person is an indirect beneficial owner of the reported securities.