0001178913-11-000823.txt : 20110321 0001178913-11-000823.hdr.sgml : 20110321 20110321063726 ACCESSION NUMBER: 0001178913-11-000823 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110321 DATE AS OF CHANGE: 20110321 GROUP MEMBERS: AVRAHAM LIVNAT GROUP MEMBERS: CLAL ELECTRONICS INDUSTRIES LTD. GROUP MEMBERS: IDB DEVELOPMENT CORPORATION LTD. GROUP MEMBERS: IDB HOLDING CORPORATION LTD. GROUP MEMBERS: NOCHI DANKNER GROUP MEMBERS: RUTH MANOR GROUP MEMBERS: SHELLY BERGMAN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NOVA MEASURING INSTRUMENTS LTD CENTRAL INDEX KEY: 0001109345 STANDARD INDUSTRIAL CLASSIFICATION: OPTICAL INSTRUMENTS & LENSES [3827] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60629 FILM NUMBER: 11699787 BUSINESS ADDRESS: STREET 1: PO BOX 266 STREET 2: 011-972-8-938-7505 CITY: REHOVOT ISRAEL STATE: L3 ZIP: 76100 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CLAL INDUSTRIES & INVESTMENTS LTD CENTRAL INDEX KEY: 0001051856 IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3 AZRIELI CENTER, TRIANGLE TOWER STREET 2: 45TH FLOOR CITY: TEL AVIV STATE: L3 ZIP: 67023 BUSINESS PHONE: 97236075794 MAIL ADDRESS: STREET 1: 3 AZRIELI CENTER, TRIANGLE TOWER STREET 2: 45TH FLOOR CITY: TEL AVIV STATE: L3 ZIP: 67023 SC 13D/A 1 zk1109615.htm SC 13D/A


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

                                  SCHEDULE 13D

                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                                (AMENDMENT NO.6)*

                         NOVA MEASURING INSTRUMENTS LTD.
--------------------------------------------------------------------------------
                                (Name of Issuer)

                  ORDINARY SHARES, PAR VALUE NIS 0.01 PER SHARE
--------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    M7516K103
--------------------------------------------------------------------------------
                                 (CUSIP Number)

                              NUFAR MALOVANI, ADV.
                               CORPORATE SECRETARY
                      CLAL INDUSTRIES AND INVESTMENTS LTD.
                     3 AZRIELI CENTER, THE TRIANGULAR TOWER,
                                   45TH FLOOR,
                                 TEL-AVIV 67023,
                                     ISRAEL
                              TEL: +972-3-607-5794
--------------------------------------------------------------------------------
       (Name, Address and Telephone Number of Person Authorized to Receive
                          Notices and Communications)

                                 FEBRUARY 18, 2011
--------------------------------------------------------------------------------
             (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 ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box [_].

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 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).




                                  SCHEDULE 13D
-------------------                                          -------------------
CUSIP NO. M7516K103
-------------------                                          -------------------

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     Clal Electronics Industries Ltd.
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (A)  [X]
     (B)  [_]
--------------------------------------------------------------------------------
3    SEC USE ONLY

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS
     Not Applicable
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
     2 (D) OR 2 (E)     [_]
--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
--------------------------------------------------------------------------------
                   7    SOLE VOTING POWER
                        0
  NUMBER OF        -------------------------------------------------------------
   SHARES          8    SHARED VOTING POWER
BENEFICIALLY            2,174,476 shares
  OWNED BY         -------------------------------------------------------------
    EACH           9    SOLE DISPOSITIVE POWER
  REPORTING             0
 PERSON WITH       -------------------------------------------------------------
                   10   SHARED DISPOSITIVE POWER
                        2,174,476 shares
--------------------------------------------------------------------------------
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     2,174,476 shares
--------------------------------------------------------------------------------
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
     [_]
--------------------------------------------------------------------------------
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     8.57%
--------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON
     CO
--------------------------------------------------------------------------------


                               Page 2 of 14 pages


                                  SCHEDULE 13D
-------------------                                          -------------------
CUSIP NO. M7516K103
-------------------                                          -------------------

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     Clal Industries and Investments Ltd.
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (A)  [X]
     (B)  [_]
--------------------------------------------------------------------------------
3    SEC USE ONLY

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS
     Not Applicable
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
     2 (D) OR 2 (E)     [_]
--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
--------------------------------------------------------------------------------
                   7    SOLE VOTING POWER
                        0
  NUMBER OF        -------------------------------------------------------------
   SHARES          8    SHARED VOTING POWER
BENEFICIALLY            2,174,476 shares
  OWNED BY         -------------------------------------------------------------
    EACH           9    SOLE DISPOSITIVE POWER
  REPORTING             0
 PERSON WITH       -------------------------------------------------------------
                   10   SHARED DISPOSITIVE POWER
                        2,174,476 shares
--------------------------------------------------------------------------------
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     2,174,476 shares
--------------------------------------------------------------------------------
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
     [_]
--------------------------------------------------------------------------------
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     8.57%
--------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON
     CO
--------------------------------------------------------------------------------


                               Page 3 of 14 pages


                                  SCHEDULE 13D
-------------------                                          -------------------
CUSIP NO. M7516K103
-------------------                                          -------------------

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     IDB Development Corporation Ltd.
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (A)  [X]
     (B)  [_]
--------------------------------------------------------------------------------
3    SEC USE ONLY

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS
     Not Applicable
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
     2 (D) OR 2 (E)     [_]
--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
--------------------------------------------------------------------------------
                   7    SOLE VOTING POWER
                        0
  NUMBER OF        -------------------------------------------------------------
   SHARES          8    SHARED VOTING POWER
BENEFICIALLY            2,174,476 shares*
  OWNED BY         -------------------------------------------------------------
    EACH           9    SOLE DISPOSITIVE POWER
  REPORTING             0
 PERSON WITH       -------------------------------------------------------------
                   10   SHARED DISPOSITIVE POWER
                        2,174,476 shares*
--------------------------------------------------------------------------------
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     2,174,476 shares*
--------------------------------------------------------------------------------
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
     [X]*
--------------------------------------------------------------------------------
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     8.57%
--------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON
     CO
--------------------------------------------------------------------------------

* Does not include (i) 378,607 Ordinary Shares (the "CIEH Shares") held for
members of the public through, among others, provident funds and/or mutual funds
and/or pension funds and/or exchange traded funds and/or insurance policies,
which are managed by subsidiaries of Clal Insurance Enterprises Holdings Ltd., a
subsidiary of IDB Development Corporation Ltd. and (ii) 68,809 Ordinary Shares
(the "Epsilon Shares") held for members of the public through, among others,
mutual funds managed by Epsilon Investment House Ltd. ("Epsilon"), an indirect
subsidiary of IDB Development Corporation Ltd., and/or held in unaffiliated
third-party client accounts managed by Epsilon as portfolio manager. The
Reporting Person disclaims beneficial ownership of the CIEH Shares and Epsilon
Shares.


                               Page 4 of 14 pages


                                  SCHEDULE 13D
-------------------                                          -------------------
CUSIP NO. M7516K103
-------------------                                          -------------------

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     IDB Holding Corporation Ltd.
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (A)  [X]
     (B)  [_]
--------------------------------------------------------------------------------
3    SEC USE ONLY

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS
     Not Applicable
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
     2 (D) OR 2 (E)     [_]
--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
--------------------------------------------------------------------------------
                   7    SOLE VOTING POWER
                        0
  NUMBER OF        -------------------------------------------------------------
   SHARES          8    SHARED VOTING POWER
BENEFICIALLY            2,174,476 shares*
  OWNED BY         -------------------------------------------------------------
    EACH           9    SOLE DISPOSITIVE POWER
  REPORTING             0
 PERSON WITH       -------------------------------------------------------------
                   10   SHARED DISPOSITIVE POWER
                        2,174,476 shares*
--------------------------------------------------------------------------------
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     2,174,476 shares*
--------------------------------------------------------------------------------
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
     [X]*
--------------------------------------------------------------------------------
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     8.57%
--------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON
     CO
--------------------------------------------------------------------------------

* Does not include the CIEH Shares and Epsilon Shares. The Reporting Person
disclaims beneficial ownership of the CIEH Shares and Epsilon Shares



                               Page 5 of 14 pages


                                  SCHEDULE 13D
-------------------                                          -------------------
CUSIP NO. M7516K103
-------------------                                          -------------------

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     Nochi Dankner
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (A)  [X]
     (B)  [_]
--------------------------------------------------------------------------------
3    SEC USE ONLY

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS
     Not Applicable
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
     2 (D) OR 2 (E)     [_]
--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
--------------------------------------------------------------------------------
                   7    SOLE VOTING POWER
                        0
  NUMBER OF        -------------------------------------------------------------
   SHARES          8    SHARED VOTING POWER
BENEFICIALLY            2,174,476 shares*
  OWNED BY         -------------------------------------------------------------
    EACH           9    SOLE DISPOSITIVE POWER
  REPORTING             0
 PERSON WITH       -------------------------------------------------------------
                   10   SHARED DISPOSITIVE POWER
                        2,174,476 shares*
--------------------------------------------------------------------------------
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     2,174,476 shares*
--------------------------------------------------------------------------------
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
     [X]*
--------------------------------------------------------------------------------
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     8.57%
--------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON
     IN
--------------------------------------------------------------------------------

* Does not include the CIEH Shares and Epsilon Shares. The Reporting Person
disclaims beneficial ownership of the CIEH Shares and Epsilon Shares.


                               Page 6 of 14 pages


                                  SCHEDULE 13D
-------------------                                          -------------------
CUSIP NO. M7516K103
-------------------                                          -------------------

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     Shelly Bergman
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (A)  [X]
     (B)  [_]
--------------------------------------------------------------------------------
3    SEC USE ONLY

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS
     Not Applicable
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
     2 (D) OR 2 (E)     [_]
--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
--------------------------------------------------------------------------------
                   7    SOLE VOTING POWER
                        0
  NUMBER OF        -------------------------------------------------------------
   SHARES          8    SHARED VOTING POWER
BENEFICIALLY            2,174,476 shares*
  OWNED BY         -------------------------------------------------------------
    EACH           9    SOLE DISPOSITIVE POWER
  REPORTING             0
 PERSON WITH       -------------------------------------------------------------
                   10   SHARED DISPOSITIVE POWER
                        2,174,476 shares*
--------------------------------------------------------------------------------
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     2,174,476 shares*
--------------------------------------------------------------------------------
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
     [X]*
--------------------------------------------------------------------------------
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     8.57%
--------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON
     IN
--------------------------------------------------------------------------------

* Does not include the CIEH Shares and Epsilon Shares. The Reporting Person
disclaims beneficial ownership of the CIEH Shares and Epsilon Shares


                               Page 7 of 14 pages


                                  SCHEDULE 13D
-------------------                                          -------------------
CUSIP NO. M7516K103
-------------------                                          -------------------

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     Avraham Livnat
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (A)  [X]
     (B)  [_]
--------------------------------------------------------------------------------
3    SEC USE ONLY

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS
     Not Applicable
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
     2 (D) OR 2 (E)     [_]
--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
--------------------------------------------------------------------------------
                   7    SOLE VOTING POWER
                        0
  NUMBER OF        -------------------------------------------------------------
   SHARES          8    SHARED VOTING POWER
BENEFICIALLY            2,174,476 shares*
  OWNED BY         -------------------------------------------------------------
    EACH           9    SOLE DISPOSITIVE POWER
  REPORTING             0
 PERSON WITH       -------------------------------------------------------------
                   10   SHARED DISPOSITIVE POWER
                        2,174,476 shares*
--------------------------------------------------------------------------------
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     2,174,476 shares*
--------------------------------------------------------------------------------
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
     [X]*
--------------------------------------------------------------------------------
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     8.57%
--------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON
     IN
--------------------------------------------------------------------------------

* Does not include the CIEH Shares and Epsilon Shares. The Reporting Person
disclaims beneficial ownership of the CIEH Shares and Epsilon Shares.



                               Page 8 of 14 pages


                                  SCHEDULE 13D
-------------------                                          -------------------
CUSIP NO. M7516K103
-------------------                                          -------------------

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS

     Ruth Manor
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (A)  [X]
     (B)  [_]
--------------------------------------------------------------------------------
3    SEC USE ONLY

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS
     Not Applicable
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
     2 (D) OR 2 (E)     [_]
--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION
     Israel
--------------------------------------------------------------------------------
                   7    SOLE VOTING POWER
                        0
  NUMBER OF        -------------------------------------------------------------
   SHARES          8    SHARED VOTING POWER
BENEFICIALLY            2,174,476 shares*
  OWNED BY         -------------------------------------------------------------
    EACH           9    SOLE DISPOSITIVE POWER
  REPORTING             0
 PERSON WITH       -------------------------------------------------------------
                   10   SHARED DISPOSITIVE POWER
                        2,174,476 shares*
--------------------------------------------------------------------------------
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     2,174,476 shares*
--------------------------------------------------------------------------------
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
     [X]*
--------------------------------------------------------------------------------
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     8.57%
--------------------------------------------------------------------------------
14   TYPE OF REPORTING PERSON
     IN
--------------------------------------------------------------------------------

* Does not include the CIEH Shares and Epsilon Shares. The Reporting Person
disclaims beneficial ownership of the CIEH Shares and Epsilon Shares.


                               Page 9 of 14 pages

   This Amendment No. 6 amends and supplements the Statement on Schedule 13D
(as amended from time to time, the "Statement") in respect of the Ordinary
Shares, par value New Israeli Shekel 0.01 per share, (the "Ordinary Shares"), of
Nova Measuring Instruments Ltd. (the "Issuer"), previously filed with the
Securities and Exchange Commission (the "SEC") by the Reporting Persons, the
last amendment of which was filed with the SEC on December 29, 2010.

     Unless otherwise defined in this Amendment No. 6, capitalized terms have
the meanings given to them in the Statement.

The following amends and supplements Items 2, 5 and 7 of the Statement.

ITEM 2. IDENTITY AND BACKGROUND

Item 2 of the Statement is hereby amended and supplemented as follows:

(a), (b) and (c): The Reporting Persons.

As of February 24, 2011:

     IDB Holding owned all (100%) of the outstanding shares of IDB Development.

     Nochi Dankner (together with a private company controlled by him) and his
sister Shelly Bergman owned approximately 56.3% and 12.4% respectively of the
outstanding shares of, and control of, Ganden Holdings Ltd. ("Ganden Holdings"),
a private Israeli company.

     Ganden Holdings owned approximately 54.7% of the outstanding shares of IDB
Holding, including approximately 37.2% of the outstanding shares of IDB Holding
owned through Ganden Investments I.D.B. Ltd. ("Ganden"), a private Israeli
company, which is a wholly owned subsidiary of Ganden Holdings. Approximately
31% of the outstanding shares of IDB Holding owned by Ganden are subject to the
Shareholders Agreement. The additional shares of IDB Holding owned by Ganden and
Ganden Holdings are not subject to the Shareholders Agreement. Part of the
holdings of Ganden and Ganden Holdings in IDB Holding have been pledged to
financial institutions as collateral for loans. Upon certain events of default,
these financial institutions may foreclose on the loans and assume ownership of
or sell these shares.

     Shelly Bergman holds, through a wholly owned private Israeli corporation,
approximately 4.2% of the outstanding shares of IDB Holding. These shares of IDB
Holding are not subject to the IDB Shareholders Agreement.

     Ruth Manor owned through a private Israeli corporation which is controlled
by her approximately 13.3% of the outstanding shares of IDB Holding, including
approximately 10.2% of the outstanding shares of IDB Holding owned through Manor
Investments - IDB Ltd. ("Manor"), which is a majority owned subsidiary of the
above-mentioned private corporation. Approximately 10.3% of the outstanding
shares of IDB Holding owned by Manor are subject to the Shareholders Agreement.
The additional shares of IDB Holding owned by these corporations are not subject
to the Shareholders Agreement.

     Avraham Livnat owned through a private Israeli corporation which is
controlled by him approximately 13.3% of the outstanding shares of IDB Holding,
including approximately 10.2% of the outstanding shares of IDB Holding owned
through Avraham Livnat Investments (2002) Ltd., which is a wholly owned
subsidiary of the above-mentioned private corporation. Approximately 10.3% of
the outstanding shares of IDB Holding owned by Livnat are subject to the
Shareholders Agreement. The additional shares of IDB Holding owned these
corporations are not subject to the Shareholders Agreement.

                               Page 10 of 14 pages

     The name, citizenship, residence or business address and present principal
occupation of the directors and executive officers of IDB Development is set
forth in Exhibit 3 attached hereto, and incorporated herein by reference. This
Exhibit 3 replaces Exhibit 3 previously attached to the Statement.

(d) None of the Reporting Persons or, to the knowledge of the Reporting Persons,
any of the persons named in Exhibits 1 through 4 to this Statement, has, during
the last five years, been convicted in a criminal proceeding (excluding traffic
violations and similar misdemeanors).

(e) None of the Reporting Persons or, to the knowledge of the Reporting Persons,
any of the persons named in Exhibits 1 through 4 to this Statement has, during
the last five years, been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

Item 5 of the Statements is hereby amended and restated in its entirety as
follows:

The percentages of Ordinary Shares outstanding set forth in this Statement are
based on 25,372,615 Ordinary Shares outstanding as of February 17, 2011 as the
Issuer advised the Reporting Persons.

(a), (b)  As of March 17, 2011:

     Clal Industries and Clal Electronics beneficially own, and may be deemed to
share the power to vote and dispose of, 2,174,476 Ordinary Shares, constituting
approximately 8.57% of the outstanding Ordinary Shares of the Issuer.

     IDB Development may be deemed the beneficial owner of, and to share the
power to vote and dispose of the 2,174,476 Ordinary Shares beneficially owned by
Clal Industries, constituting, in the aggregate, approximately 8.57% of the
outstanding Ordinary Shares of the Issuer. IDB Development disclaims beneficial
ownership of all of the 2,174,476 Ordinary Shares reported in this Statement.

     IDB Holding and the Reporting Persons who are natural persons may be deemed
to be the beneficial owners of, and to share the power to vote and dispose of
the 2,174,476 Ordinary Shares beneficially owned by IDB Development,
constituting approximately 8.57% of the outstanding Ordinary Shares of the
Issuer. IDB Holding and the Reporting Persons who are natural persons disclaim
beneficial ownership of such shares.


                               Page 11 of 14 pages

     Based on information furnished to the Reporting Persons, the Reporting
Persons are not aware of any executive officer or director named in Exhibit 1
through 4 to the Statement, beneficially owning any Ordinary Shares.

(c) None of the Reporting Persons or, to the Reporting Persons' knowledge, any
of the executive officers and directors named in Exhibits 1 through 4 to this
Statement, purchased or sold any Ordinary Shares in the past sixty days, except
as set forth below:

     During the period from January 17, 2011 through March 17, 2011, Clal
Electronics made the following sales of Ordinary Shares, totaling 650,000
Ordinary Shares, all of which were made in open market transactions on the
NASDAQ Global Market:

------------------------ --------------------- ----------------------
DATE                     PRICE PER SHARE       NUMBER OF
(MM/DD/YY)               (US$)                 SHARES SOLD
------------------------ --------------------- ----------------------
2/16/11                  10.987                116,502
------------------------ --------------------- ----------------------
2/17/11                  10.807                99,353
------------------------ --------------------- ----------------------
2/18/11                  10.681                62,637
------------------------ --------------------- ----------------------
2/22/11                  10.283                49,361
------------------------ --------------------- ----------------------
2/23/11                  9.715                 21,965
------------------------ --------------------- ----------------------
2/24/11                  9.356                 95,748
------------------------ --------------------- ----------------------
2/25/11                  9.839                 133,199
------------------------ --------------------- ----------------------
2/28/11                  9.318                 71,235
------------------------ --------------------- ----------------------

(d)  Not applicable.

(e)  Not applicable.

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS

EXHIBIT #           DESCRIPTION

Exhibits 1, 2       Name, citizenship, business address, present principal
and 4               occupation and employer of executive officers and directors
                    of Clal Electronics Industries Ltd. (Exhibit 1), Clal
                    Industries and Investments Ltd. (Exhibit 2), and IDB Holding
                    (Exhibit 4). (*)

Exhibit 3           Name, citizenship, business address, present principal
                    occupation and employer of executive officers and directors
                    of IDB Development. (**)

Exhibit 5           Joint Filing Agreement between Clal Industries and
                    Investments Ltd. and Clal Electronics Industries Ltd.
                    authorizing Clal Industries and Investments Ltd. to file
                    this Schedule 13D and any amendments hereto. (***)

Exhibit 6           Joint Filing Agreement between Clal Industries and
                    Investments Ltd. and IDB Development authorizing Clal
                    Industries and Investments Ltd. to file this Schedule 13D
                    and any amendments hereto. (***)


                               Page 12 of 14 pages


Exhibit 7           Joint Filing Agreement between Clal Industries and
                    Investments Ltd. and IDB Holding authorizing Clal Industries
                    and Investments Ltd. to file this Schedule 13D and any
                    amendments hereto. (***)

Exhibit 8           Joint Filing Agreement between Clal Industries and
                    Investments Ltd. and Mr. Dankner authorizing Clal Industries
                    and Investments Ltd. to file this Schedule 13D and any
                    amendments hereto. (***)

Exhibit 9           Joint Filing Agreement between Clal Industries and
                    Investments Ltd. and Mrs. Bergman authorizing Clal
                    Industries and Investments Ltd. to file this Schedule 13D
                    and any amendments hereto. (***)

Exhibit 10          Joint Filing Agreement between Clal Industries and
                    Investments Ltd. and Mrs. Manor authorizing Clal Industries
                    and Investments Ltd. to file this Schedule 13D and any
                    amendments hereto. (***)

Exhibit 11          Joint Filing Agreement between Clal Industries and
                    Investments Ltd. and Mr. Livnat authorizing Clal Industries
                    and Investments Ltd. to file this Schedule 13D and any
                    amendments hereto. (***)

(*) Previously filed as Exhibits 1, 2 and 4 to Amendment No. 4 to the Schedule
13D filed with the SEC on March 25, 2010, and incorporated herein by reference.

(**) Previously filed as Exhibit 3 to Amendment No. 5 to the Schedule 13D filed
with the SEC on December 29, 2010, and incorporated herein by reference.

(***) Previously filed as Exhibits 5-11 to Amendment No. 3 to the Schedule 13D
filed with the SEC on December 11, 2007, and incorporated herein by reference.



                               Page 13 of 14 pages


                                    SIGNATURE

     After reasonable inquiry and to the best of our knowledge and belief, we
certify that the information set forth in this statement is true, complete and
correct.

Dated: March 21, 2011

          CLAL ELECTRONICS INDUSTRIES LTD.
          CLAL INDUSTRIES AND INVESTMENTS LTD.
          IDB DEVELOPMENT CORPORATION LTD.
          IDB HOLDING CORPORATION LTD.
          NOCHI DANKNER
          SHELLY BERGMAN
          RUTH MANOR
          AVRAHAM LIVNAT

          BY:   CLAL INDUSTRIES AND INVESTMENTS LTD.

                By: /s/ Yehuda Ben Ezra, /s/ Gonen Bieber
                    -------------------------------------
                    Yehuda Ben Ezra, and Gonen Bieber authorized signatories of
                    Clal Industries and Investments Ltd. for itself and on
                    behalf of IDB Holding Corporation Ltd, IDB Development
                    Corporation Ltd., Nochi Dankner, Shelly Bergman, Ruth Manor
                    and Avraham Livnat pursuant to the agreements annexed as
                    Exhibits 5-11 to this Schedule 13D.

                               Page 14 of 14 pages