Phoenix Financial Ltd. - 20 Feb 2025 Form 4 Insider Report for Ares Core Infrastructure Fund

Role
10%+ Owner
Signature
/s/ Haggai Schreiber /s/ Eli Schwartz.
Issuer symbol
N/A
Transactions as of
20 Feb 2025
Net transactions value
$0
Form type
4
Filing time
05 Jun 2025, 09:20:16 UTC
Previous filing
28 May 2024

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Phoenix Financial Ltd. 10%+ Owner 53 DERECH HA'SHALOM ST., GIVATAYIM, ISRAEL /s/ Haggai Schreiber /s/ Eli Schwartz. 05 Jun 2025 0001679543

Phoenix Financial Ltd. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Remarks:

(1) This report is made on a voluntary basis as the Reporting Person has not acquired or disposed of any additional Common Shares. The Reporting Person is no longer subject to section 16, as it holds 2,394,014.165 Common Share constituing 8.34% of the total ordinary shares outstanding and it is no longer a 10% owner. This percentage is based on 28,699,898 Ordinary Shares outstanding as of May 20, 2025 (as reported by the issuer in its form 8-K filed with the Securities and Exchange Commision on May 20, 2025). (2) The shares are owned directly by Smart Capital Alternative Solutions S.V Ltd. ("Smart Capital"), which is a majority-owned subsidiary of the Reporting Person (which holds 72.45% of the share capital the voting rights of Smart Capital, while Mr. Moni Feller owns 11.57%, and each of Mr. Ido Berman and Mr. Guy Friedler owns (through a trustee) 7.99% of the share capital the voting rights of Smart Capital. The Reporting Person is an indirect beneficial owner of the reported securities.