M6158M104 |
(CUSIP Number) |
December 31, 2014
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(Date of Event which Requires Filing of this Statement) |
o | Rule 13d-1(b) |
o | Rule 13d-1(c) |
x | Rule 13d-1(d) |
CUSIP No. M6158M104
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1 |
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Yehuda Kahane
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2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) ¨
(b) x
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3 |
SEC USE ONLY
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4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH:
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5 |
SOLE VOTING POWER
66,264 shares
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6 |
SHARED VOTING POWER
1,580,757 shares
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7 |
SOLE DISPOSITIVE POWER
66,264 shares
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8 |
SHARED DISPOSITIVE POWER
1,580,757 shares
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9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,647,021
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10 |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
¨
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11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.9%
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12 |
TYPE OF REPORTING PERSON
IN
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(a)
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Amount Beneficially Owned: 1,647,021 ordinary shares of the issuer.
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(b)
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Percent of Class: 7.9% (calculated based on the amount of the outstanding ordinary shares of the issuer, exclusive of the ordinary shares held by the issuer).
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(c)
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Number of shares as to which the person has:
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(i)
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Sole power to vote or to direct the vote: 66,264
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(ii)
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Shared power to vote or to direct the vote: 1,580,757
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(iii)
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Sole power to dispose or to direct the disposition: 66,264
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(iv)
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Shared power to dispose or to direct the disposition: 1,580,757
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Signature:
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/s/ Yehuda Kahane
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Name:
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Yehuda Kahane
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AND: 1. MOKED SERVICES, INFORMATION, MANAGEMENT, INVESTMENTS LTD., PRIVATE COMPANY 51-115929-8
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3. F.K. GENERATORS AND EQUIPMENT LTD., PRIVATE COMPANY 51-129494-4
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WHEREAS
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On the date May 18, 1998 The parties signed on an agreement that is attached herein as Annex A (the "Agreement") and following this, on September 6, 2005 the parties signed on an amendment to the Agreement that is attached herein as Annex B (the "Amendment to the Agreement"; the Agreement and the Amendment to the Agreement together shall be referred as the "Original Agreement");
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And WHEREAS
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F.K. GENERATORS AND EQUIPMENT LTD., PRIVATE COMPANY 51-129494-4 hereinafter ("F.K GENERATORS") instructed Moked, according F.K. GENERATORS vested right, to sell part of Company's Shares (as defined in the Agreement) that been held by Moked and reflects the whole relative portion of F.K. GENERATORS in Moked hereinafter ("the Shares in Sale");
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And WHEREAS
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the parties wish to amend the Original Agreement as follows:
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1.
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All the terms in this Amendment shall have the same meaning as appears in the Original Agreement unless explicitly stated otherwise in in this Amendment.
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2.
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Clause 6.1 to the Agreement, shall be amended and shall be read after the amendment as follows:
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3.
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Immediately following the sale of all the Shares in Sale, F.K. Generators shall cease to be a party to the Original Agreement and of this Amendment, and shall not be bound by their liabilities and will not benefit from any right that is embedded in them.
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4.
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To the extent it is necessary (if at all), to amend the articles of association of the Company following the provisions of this Amendment, the parties hereby grant their consent to the execution of such amendment, and such consent shall be regarded as a binding decision of the Shareholders' Meeting of Moked.
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5.
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Except for the aforesaid, remainder provisions of the Original Agreement shall remain intact and in effect.
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6.
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In case of contradiction between the provisions of this Amendment and the provisions of the Original Agreement, the provisions of this Amendment shall prevail.
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