Grace Breeding Ltd announces private placement of 54,350 ordinary shares at an issue price of ILS 6.738 per share and 54,350 unregistered options to purchase 54,350 ordinary shares for aggregate gross proceeds of ILS 520,000 on December 10, 2023. The transaction included participation from Daniel Kaganovich for 12,542 shares and 12,542 options, Gaz Mendi for 10,452 shares and 10,452 options, Yaakov Bargig for 10,452 shares and 10,452 options, song Yehishalom for 10,452 shares and 10,452 options and Eli Farinti for 10,452 shares and 10,452 options. The exercise price of each option for one ordinary share will be ILS 14.352 per share.

The transaction is subject to approval by the stock exchange. The transaction has been approved by the board of the company.