Company: INCR
Filing Date: 2025-05-01
Form Type: 20-F
Source: 0001641172-25-007971
Chunk: 134

Company: Intercure Ltd.
Filing Date: 2025-05-01
Form: 20-F
Item: Item 7
Chunk 134
---

ITEM                      MAJOR                   
 7.    SHAREHOLDERS AND RELATED PARTY TRANSACTIONS
--------------------------------------------------

A.       Major    
     Shareholders.
------------------
 
The following table sets forth information regarding beneficial ownership of our ordinary shares as of April 29, 2025, by:
 

●                                                                  each                                                               
                                                 of our directors and executive officers;                                             
--------------------------------------------------------------------------------------------------------------------------------------
●   all                                                                                                                               
    of our directors and executive officers as a group;                                                                               
●   each                                                                                                                              
    person, or group of affiliated persons, known to us to be the beneficial owner of more than 5% of our outstanding ordinary shares.
 
The beneficial ownership of our ordinary shares is determined in accordance with the rules of the SEC and generally includes any shares over which a person exercises sole or shared voting or investment power, or the right to receive the economic benefit of ownership. For purposes of the table below, we deem ordinary shares issuable pursuant to options and warrants that are currently exercisable or exercisable within 60 days of April 29, 2025 to be outstanding and to be beneficially owned by the person holding the options for the purposes of computing the percentage ownership of that person, but we do not treat them as outstanding for the purpose of computing the percentage ownership of any other person.
 
The percentage of shares beneficially owned has been computed on the basis of 54,512,609 ordinary shares outstanding as of April 29, 2025.
 

96
--
 

Unless otherwise noted below, the address of each shareholder, director and executive officer 85 Medinat ha-Yehudim Street Herzliya, 4676670, Israel.
 
Except as indicated in footnotes to this table, we believe that the shareholders named in this table have sole voting and investment power with respect to all shares shown to be beneficially owned by them, based on information provided to us by such shareholders. The shareholders listed below do not have any different voting rights from any of our other shareholders.
 

                                                                            No.                         Percentage           
                                                                of Shares Beneficially Owned      Beneficially Owned(**)     
-----------------------------------------------------------------------------------------------------------------------------
5%                                                                                                                           
or more shareholders:                                                                                                        
Alexander                                                                          16,707,954                       29.32   %
Rabinovich (1)                                                                                                               
Directors                                                                                                                    
and executive officers who are not 5% or more shareholders:                                                                  
David Salton                                                                            8,733                           *    
(2)                                                                                                                          
Lennie Michelson