Filing Details

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934
(Amendment No. 1)

(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d)

AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)

Under the Securities Exchange Act of 1934

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

☐ Rule 13d-1(b)

 

☒ 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 the disclosures provided in a prior cover page.

 

The information required in 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).

 

1.	Name of Reporting Persons/ I.R.S. Identification Nos. of above persons (entities only). Clal Insurance Enterprises Holdings Ltd.
2.	Check the Appropriate Box if a Member of a Group (a)  o (b)  o
3.	SEC Use only
4.	Place of Organization   Israel
Number of Shares Beneficially Owned by Each Reporting Person With:		5.	Sole Voting Power   0
		6.	Shared Voting Power   401,352 Ordinary Shares *
		7.	Sole Dispositive Power   0
		8.	Shared Dispositive Power   401,352 Ordinary Shares *
9.	Aggregate Amount Beneficially Owned by Each Reporting Person   401,352 Ordinary Shares *
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares   o
11.	Percent of Class Represented by Amount in Row (9)   1.2%**
12.	Type of Reporting Person:   CO

 

1.	Name of Reporting Persons/ I.R.S. Identification Nos. of above persons (entities only). IDB Development Corporation Ltd.
2.	Check the Appropriate Box if a Member of a Group (a)  o (b)  o
3.	SEC Use only
4.	Place of Organization   Israel
Number of Shares Beneficially Owned by Each Reporting Person With:		5.	Sole Voting Power   0
		6.	Shared Voting Power   401,352 Ordinary Shares*
		7.	Sole Dispositive Power   0
		8.	Shared Dispositive Power   401,352 Ordinary Shares*
9.	Aggregate Amount Beneficially Owned by Each Reporting Person   401,352 Ordinary Shares*
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares   o
11.	Percent of Class Represented by Amount in Row (9)   1.2%**
12.	Type of Reporting Person:   CO

 

While IDB Development Corporation Ltd., an Israeli public corporation (“IDB Development”) is included as a Reporting Person herein, IDB Development disclaims beneficial ownership of the Ordinary Shares reported by Clal herein, primarily as a result of the following: On August 21, 2013, the Israeli Supervisor of Capital Markets, Insurance and Savings (the "Supervisor of Insurance") appointed Mr. Moshe Terry (the "Trustee") to hold, as trustee, IDB Development's means of control in Clal (i.e., most of the shares that IDB Development holds in Clal). Moreover, the Supervisor of Insurance has not issued a control permit to IDB Development and its controlling shareholders, with respect to IDB Development's holdings in Clal and instructed IDB Development to sell its controlling stake in Clal within a set timetable.

 

(b)	Address of Principal Business Offices or, if none, Residence:

    All of the 401,352 Ordinary Shares reported in this Statement as beneficially owned by Clal are held for members of the public through, among others, provident funds and/or pension funds and/or insurance policies, which are managed by subsidiaries of Clal, which subsidiaries operate under independent management and make independent voting and investment decisions. Consequently, this Statement shall not be construed as an admission by the Reporting Persons that they are the beneficial owners of any of the Ordinary Shares covered by this Statement.

 

   Except as set forth above, see items 5-11 of the cover pages hereto for beneficial ownership, percentage of class and dispositive power of the Reporting Persons, which are incorporated herein.

 

	CLAL INSURANCE ENTERPRISES HOLDINGS LTD. IDB DEVELOPMENT CORPORATION LTD.
	BY: CLAL INSURANCE ENTERPRISES HOLDINGS LTD.
	BY: /s/ Anath Levin    /s/ Moshe Ernst
	Anath Levin and Moshe Ernst, authorized signatories of CLAL INSURANCE ENTERPRISES HOLDINGS LTD., for itself and on behalf of IDB Development Corporation Ltd., pursuant to an agreement annexed as Exhibit 1 to the Schedule 13G filed on February 15, 2017.

 

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