Management of Aluma Infrastructure Fund Open Trading in Celebration of Its IPO on TASE

Tel Aviv, December 6, 2021 - Management of Aluma Infrastructure Fund opened trading this morning in celebration of its IPO on TASE.

Aluma was founded in June 2020 as an infrastructure investment fund, following the recommendations of the Committee for the Promotion of the Establishment of Tradable Funds for Investment in Infrastructures.

Aluma is the third infrastructure investment fund listed on TASE. To date, the fund has made 3 investments totaling approximately NIS 147 million in the fields of communications and energy.

The company raised NIS 80 million based on a company value of NIS 255 million.

In January 2022, the company's shares are expected to join TASE's TA-Growth index under the new companies' fast-track entrance.

Inon Yogev, CEO of Aluma Infrastructure Fund, said: "The IPO on TASE is a significant milestone in the fund's ongoing growth, which will allow us to continue realizing our innovative strategy of prioritizing investment in infrastructure companies over infrastructure projects, with a focus on the fastest growing infrastructure industries and active managerial involvement, and create value to investors."

Hagit Mika, Economist at TASE's Listings Unit, said: TASE makes it a priority to diversify the instruments traded on TASE and increase the public's participation in infrastructure investments. The Committee for the Promotion of the Establishment of Tradable Funds for Investment in Infrastructures enables the funds to list on TASE, thereby providing the Israeli public with a new investment channel and the opportunity to partake in infrastructure project investments that generate a stable and constant cash flow. TASE, as home of the Israeli economy, is the natural and most suitable venue for the growth and development of Israeli companies. We are dedicated to ensuring that Israeli companies can grow and develop in Israel, for the benefit of investors, the capital market and the Israeli economy."

In the picture from right to left: Hilla Nissim Gabay, CFO of Aluma; Inon Yogev, CEO of Aluma; Miki Zaharia, Founder of Aluma; Muli Ravina, Chairman of the Investment Committee; Ori Yogev, Chairman of Aluma; Nati Shachor, Founder of Aluma; and Hagit Mika, Economist at TASE's Listings Unit.

Photography credit: Yoray Liberman, authorized for use for no consideration.