Hanan Mor Group - Holdings Ltd. (TASE:HNMR) announced a private placement of 791,036 shares at a price of ILS 19 per share for gross proceeds of ILS 15,029,684 on August 1, 2019. The transaction will include participation from Yelin Lapidot Provident Funds Management Ltd. for 448,390 shares, Yelin Lapidot - Mutual Funds Management Ltd. for 237,382 shares, The Phoenix Insurance Company for 52,632 shares, Mahog Electricity Co. Pension Fund Management Ltd. for 26,316 shares, and Yellin Lapidot Investment Portfolio Management Ltd. for 26,316 shares. The issued shares represent 5.7% stake of share capital. The shares will be issued at premium to par value of ILS 1 per share. Shares to be issued are subject to 6 month hold period. The current issued and paid up share capital is 13,098,060 shares. The transaction has been approved by the board of directors of the company.