Filing Details

Accession Number:
0001178913-16-005053
Form Type:
13G Filing
Publication Date:
2016-04-12 08:01:01
Filed By:
Meitav Dash Investments Ltd
Company:
Gilat Satellite Networks Ltd (NASDAQ:GILT)
Filing Date:
2016-04-12
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Provident funds of MEITAV DASH INVESTMENTS LTD group 0 1,583,848 0 0 1,583,848 2.69%
Mutual funds of MEITAV DASH INVESTMENTS LTD group 0 661,585 0 0 661,585 1.12%
ETF s of MEITAV DASH INVESTMENTS LTD group 0 753,726 0 0 753,726 1.28%
portfolio management of MEITAV DASH INVESTMENTS LTD group 0 54,493 0 0 54,493 0.09%
Filing


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No. ________)*
 
GILAT SATELLITE NETWORKS LTD.

(Name of Issuer)
 
Ordinary Shares, par value NIS 1 per share

(Title of Class of Securities)
 
M51474118

(CUSIP Number)
 
MEITAV DASH INVESTMENTS LTD, 30 derekh sheshet ha-yamim, Bene-Beraq, Israel, 972-3-7903041

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
April 07, 2016

(Date of Event which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
¨  Rule 13d-1(b)
 
o  Rule 13d-1(c)
 
¨  Rule 13d-1(d)
 
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
CUSIP No. M51474118
 
13G
   
 
1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Provident funds of MEITAV DASH INVESTMENTS LTD group.
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)    ¨
(b)    ¨
3.
SEC USE ONLY
 
 
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Israeli
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5.
SOLE VOTING POWER
 
0
6.
SHARED VOTING POWER
 
1,583,848 Ordinary shares*
7.
SOLE DISPOSITIVE POWER
 
0
8.
SHARED DISPOSITIVE POWER
 
0
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,583,848 Ordinary shares*
10.
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)    
 
¨
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
2.69%
12.
TYPE OF REPORTING PERSON (see instructions)
 
CO
 

* included DS PROVIDENT FUNDS AND PENSION LTD and Meitav Gemel and Pension Funds LTD.
 
 
CUSIP No. M51474118
 
13G
   
 
1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Mutual funds of MEITAV DASH INVESTMENTS LTD group.
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)    ¨
(b)    ¨
3.
SEC USE ONLY
 
 
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Israeli
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5.
SOLE VOTING POWER
 
0
6.
SHARED VOTING POWER
 
661,585 Ordinary shares*
7.
SOLE DISPOSITIVE POWER
 
0
8.
SHARED DISPOSITIVE POWER
 
0
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
661,585 Ordinary shares*
10.
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)    
 
¨
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
1.12%
12.
TYPE OF REPORTING PERSON (see instructions)
 
CO
 

* included MEITAV DS MUTUAL FUNDS LTD.
 
 
CUSIP No. M51474118
 
13G
   
 
1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
ETF's of MEITAV DASH INVESTMENTS LTD group.
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)    ¨
(b)    ¨
3.
SEC USE ONLY
 
 
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Israeli
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5.
SOLE VOTING POWER
 
0
6.
SHARED VOTING POWER
 
753,726 Ordinary shares*
7.
SOLE DISPOSITIVE POWER
 
0
8.
SHARED DISPOSITIVE POWER
 
0
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
753,726 Ordinary shares*
10.
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)    
 
¨
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
1.28%
12.
TYPE OF REPORTING PERSON (see instructions)
 
CO
 

* included Tachhlit indexes Ltd and Meitav Index Linked Certificates Ltd.
 
 
CUSIP No. M51474118
13G
 
 
1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
portfolio management of MEITAV DASH INVESTMENTS LTD group.
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)    ¨
(b)    ¨
3.
SEC USE ONLY
 
 
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Israeli
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5.
SOLE VOTING POWER
 
0
6.
SHARED VOTING POWER
 
54,493 Ordinary shares*
7.
SOLE DISPOSITIVE POWER
 
0
8.
SHARED DISPOSITIVE POWER
 
0
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
54,493 Ordinary shares*
10.
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)    
 
¨
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0.09%
12.
TYPE OF REPORTING PERSON (see instructions)
 
CO
 

** included custumers who exercise their voting rights by proxy (Dash PORTFOLIO MANAGEMENT LTD).
 
 
CUSIP No. M51474118
 
13G
   
 
Item 1. 
 
 
(a)
Name of Issuer
 
GILAT SATELLITE NETWORKS LTD. (hereinafter referred to as the “Issuer”).
     
 
(b)
Address of Issuer’s Principal Executive Offices
 
Yegia Kapayim 21 , Petah Tikvah 49130
 
Item 2.
 
 
(a)
Name of Person Filing
 
MEITAV DASH INVESTMENTS LTD
     
 
(b)
Address of the Principal Office or, if none, residence
 
30 derekh sheshet ha-yamim, Bene-Beraq, israel
     
 
(c)
Citizenship
 
israeli
     
 
(d)
Title of Class of Securities
 
Ordinary Shares, par value NIS 1 per share (the “Ordinary Shares”).
     
 
(e)
CUSIP Number
 
M51474118
 
Item 3.  If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
 
Not applicable.

 
(a)
¨
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
       
 
(b)
¨
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
       
 
(c)
¨
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
       
 
(d)
¨
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
       
 
(e)
¨
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
       
 
(f)
¨
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
 
(g)
¨
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
       
 
(h)
¨
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
       
 
(i)
¨
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
       
 
(j)
¨
Group, in accordance with §240.13d-1(b)(1)(ii)(J).
 
 
CUSIP No. M51474118
 
13G
   
 
Item 4.  Ownership.
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
 
 
(a)
Amount beneficially owned:  3,053,652
       
 
(b)
Percent of class:  5.18%
       
 
(c)
Number of shares as to which the person has:  00,000
       
   
(i)
Sole power to vote or to direct the vote  .
       
   
(ii)
Shared power to vote or to direct the vote  .
       
   
(iii)
Sole power to dispose or to direct the disposition of  .
       
   
(iv)
Shared power to dispose or to direct the disposition of  .
 
Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
 
Item 5.  Ownership of Five Percent or Less of a Class.
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following     ¨.
 
Instruction. Dissolution of a group requires a response to this item.
 
Item 6.  Ownership of More than Five Percent on Behalf of Another Person.
 
Not applicable.
 
Item 7.  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
 
Not applicable.
 
Item 8.  Identification and Classification of Members of the Group.
 
Not applicable.
 
Item 9.  Notice of Dissolution of Group.
 
Not applicable.
 
Item 10.  Certification.
 
 
(a)
The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):
     
   
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
     
 
(b)
The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):
     
   
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
 
CUSIP No. M51474118
 
13G
   
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
Teddy Lin, CEO MEITAV DASH PROVIDENT FUNDS AND PENSION LTD
 
 
12.04.16
 
 
Date
 
     
  /s/ Teddy Lin  
 
Signature
 
 
Rafi Niv, CEO MEITAV DASH MUTUAL FUND MANAGEMENT (1982) LTD
 
 
12.04.16
 
 
Date
 
     
  /s/ Rafi Niv  
 
Signature
 
 
Eyal Segal, CEO Tachhlit indexes Ltd
 
 
12.04.16
 
 
Date
 
     
  /s/ Eyal Segal  
 
Signature
 
 
Eitan Rotem, CEO MEITAV DASH PORTFOLIO MANAGEMENT LTD
 
 
12.04.16
 
 
Date
 
     
  /s/ Eitan Rotem  
 
Signature