Filing Details

Accession Number:
0001178913-17-001905
Form Type:
13D Filing
Publication Date:
2017-06-26 06:56:54
Filed By:
Gandyr Investments Ltd.
Company:
Pointer Telocation Ltd (NASDAQ:PNTR)
Filing Date:
2017-06-26
SEC Url:
13D 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
Yudith Yovel Recanati 340,938 340,938 340,938 340,938 4.%
Gandyr Investments Ltd 340,938 340,938 4.%
Gandyr Israel Financial Holdings Ltd 340,938 340,938 4.%
Filing


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549
 

 
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 4)
 

 
Pointer Telocation Ltd.
(Name of Issuer)
 
Ordinary Shares, NIS 3.00 par value per share
 
 
M7946T104
(Title of Class of Securities)
 
(CUSIP Number)
 
Orly Tsioni, Adv.
Yigal Arnon & Co.
1, Azrieli Center
Tel-Aviv 6702101, Israel
+972-3-608-7851
 (Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
June 22, 2017
(Date of Event which Requires Filing of this Statement)
 
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box.  o
 
Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
 
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).
 
(Continued on following pages)
(Page 1 of 6 Pages)

 
CUSIP No.       M7946T104
13D/A
Page 2 of 6
 
1
NAMES OF REPORTING PERSONS: Yudith Yovel Recanati
I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS:  N/A
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) x
(b) o
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS:
 
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
 
o
6
CITIZENSHIP OR PLACE OF ORGANIZATION:
 
Israel
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER:
 
-
8
SHARED VOTING POWER:
 
340,938
9
SOLE DISPOSITIVE POWER:
 
-
10
SHARED DISPOSITIVE POWER:
 
340,938
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
 
340,938
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
 
4.2% (1)
14
TYPE OF REPORTING PERSON:
 
IN
 
(1) Based on a number of 8,033,794 Ordinary Shares outstanding, as advised by the Company.
 
 
CUSIP No.       M7946T104
13D/A
Page 3 of 6
 
1
NAMES OF REPORTING PERSONS:
 
Gandyr Investments Ltd.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) x
(b) o
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS:
 
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
 
o
6
CITIZENSHIP OR PLACE OF ORGANIZATION:
 
Israel
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER:
 
-
8
SHARED VOTING POWER:
 
340,938
9
SOLE DISPOSITIVE POWER:
 
-
10
SHARED DISPOSITIVE POWER:
 
340,938
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
 
340,938
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
 
4.2% (1)
14
TYPE OF REPORTING PERSON:
 
CO
 
(1) Based on a number of 8,033,794 Ordinary Shares outstanding, as advised by the Company.
 
CUSIP No.       M7946T104
13D/A
Page 4 of 6
 
1
NAMES OF REPORTING PERSONS:
 
Gandyr Israel Financial Holdings Ltd.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) x
(b) o
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS:
 
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e):
 
o
6
CITIZENSHIP OR PLACE OF ORGANIZATION:
 
Israel
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER:
 
340,938
8
SHARED VOTING POWER:
 
340,938
9
SOLE DISPOSITIVE POWER:
 
340,938
10
SHARED DISPOSITIVE POWER:
 
340,938
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
 
340,938
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
 
o
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
 
4.2% (1)
14
TYPE OF REPORTING PERSON:
 
CO
 
(1) Based on a number of 8,033,794 Ordinary Shares outstanding, as advised by the Company.
 
 
This Amendment No. 4 to Schedule 13D is being filed on behalf of Yudith Yovel Recanati, Gandyr Investments Ltd. ("Gandyr Investments") and Gandyr Israel Financial Holdings Ltd. ("Gandyr Holdings, and together with Yudith Yovel Recanati and Gandyr Investments, the "Reporting Persons"), relating to ordinary shares (the "Ordinary Shares") of Pointer Telocation Ltd., a corporation existing under the laws of Israel ("Pointer"). The original statement on Schedule 13D is hereby amended and supplement as follows:

Item 5.            Interest in Securities of the Issuer.
 
Item 5 is hereby amended and restated as follow:
 
(a) (b)  Gandyr Investments is the beneficial owner of 340,938 Ordinary Shares of the Issuer,  constituting 4.2% of the issued share capital of the Issuer as of the date of this report. Gandyr Investments is the sole shareholder of Gandyr Holdings. Mrs. Yudith Yovel Recanati is the sole shareholder and sole director of Gandyr Investments and is the sole director of Gandyr Holdings and is the beneficial owner of 340,938 Ordinary Shares of the Issuer, through Gandyr Holdings.

(c) Following are the dates of sale of Ordinary Shares by the Reporting Persons since the last report on Schedule 13D/A dated May 22, 2017:

Date
 
Number of Shares Sold
   
Selling Price
 
June 13, 2017
   
10,226
   
$
11.9
 
June 15, 2017
   
193
   
$
12
 
June 16, 2017
   
3,727
   
$
12
 
June 19, 2017
   
10,000
   
$
12
 
June 20, 2017
   
15,334
   
$
12
 
June 21, 2017
   
7,400
   
$
12.12
 
June 21, 2017
   
2,952
   
$
12.11
 
 
 (d)          Not applicable.
 
 (e)          On May 22, 2017 the Reporting Persons ceased to be the beneficial owners of more than five percent of the class of securities.
 
Item 7.            Materials to be Filed as Exhibits.
 
Exhibit 1:
Joint Filing Agreement filed with original statement on Schedule 13D, on January 23, 2014, is incorporated herein by reference.
SIGNATURE
 
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.
 
Dated:  June 22, 2017
 
GANDYR INVESTMENTS LTD.
 
By:  /s/ Jonathan Irroni          
Name: Jonathan Irroni
Title:   Manager
 
Dated:  June 22, 2017
 
GANDYR ISRAEL FINANCE HOLDINGS LTD.
 
By:  /s/ Jonathan Irroni          
Name: Jonathan Irroni
Title:   Manager
 
Dated:  June 22, 2017