-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, R2XjTJfqSEOF5NEP3VfObEdBu9LpQIcch5OH7B0NCEwpJa7elnjX19A5WsmQKkC2 hmNXQU6DLTOyp6r1ZPDqyg== 0001178913-08-000130.txt : 20080115 0001178913-08-000130.hdr.sgml : 20080115 20080115093702 ACCESSION NUMBER: 0001178913-08-000130 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080115 DATE AS OF CHANGE: 20080115 GROUP MEMBERS: KARDAN ISRAEL LTD. GROUP MEMBERS: KARDAN N.V. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RRSat Global Communications Network Ltd. CENTRAL INDEX KEY: 0001375829 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82408 FILM NUMBER: 08530051 BUSINESS ADDRESS: STREET 1: 4 HAGOREN STREET STREET 2: INDUSTRIAL PARK CITY: OMER STATE: L3 ZIP: 84965 BUSINESS PHONE: 972-8-625-7500 MAIL ADDRESS: STREET 1: 4 HAGOREN STREET STREET 2: INDUSTRIAL PARK CITY: OMER STATE: L3 ZIP: 84965 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Kardan Communications Ltd. CENTRAL INDEX KEY: 0001387324 IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 154 MENACHEM BEGIN STREET CITY: TEL AVIV STATE: L3 ZIP: 64921 BUSINESS PHONE: 972-3-608-3444 MAIL ADDRESS: STREET 1: 154 MENACHEM BEGIN STREET CITY: TEL AVIV STATE: L3 ZIP: 64921 SC 13G/A 1 zk84722.htm SC-13G/A

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

SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*

RRsat Global Communications Network Ltd.

(Name of Issuer)

Ordinary Shares, Par Value NIS 0.01 Per Share

(Title of Class of Securities)

M8183P102

(CUSIP Number)

December 31, 2007

(Date of Event which Requires Filing of this Statement)

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

         o Rule 13d-1(b)

         o Rule 13d-1(c)

         x 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.



CUSIP No. M8183P102   Page 2 of  7 Pages

1 NAME OF REPORTING PERSONS.
Kardan Communications Ltd.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
N/A
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) x
(b) o
3 SEC USE ONLY

4 CITIZENSHIP OR PLACE OF ORGANIZATION

Israel
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5 SOLE VOTING POWER

N/A
6 SHARED VOTING POWER

4,233,600
7 SOLE DISPOSITIVE POWER

N/A
8 SHARED DISPOSITIVE POWER

4,233,600
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,233,600
10 CHECK IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

o
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

24.5%
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

CO



CUSIP No. M8183P102   Page 3 of  7 Pages

1 NAME OF REPORTING PERSONS.
Kardan Israel Ltd.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
N/A
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) x
(b) o
3 SEC USE ONLY

4 CITIZENSHIP OR PLACE OF ORGANIZATION

Israel
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5 SOLE VOTING POWER

N/A
6 SHARED VOTING POWER

4,233,600
7 SOLE DISPOSITIVE POWER

N/A
8 SHARED DISPOSITIVE POWER

4,233,600
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,233,600
10 CHECK IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

o
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

24.5%
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

CO



CUSIP No. M8183P102   Page 4 of 7  Pages

1 NAME OF REPORTING PERSONS.
Kardan N.V.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
N/A
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) x
(b) o
3 SEC USE ONLY

4 CITIZENSHIP OR PLACE OF ORGANIZATION

The Netherlands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5 SOLE VOTING POWER

N/A
6 SHARED VOTING POWER

4,233,600
7 SOLE DISPOSITIVE POWER

N/A
8 SHARED DISPOSITIVE POWER

4,233,600
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,233,600
10 CHECK IF AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

o
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

24.5%
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

CO



Item 1(a) Name of Issuer

  RRsat Global Communications Network Ltd. (the “Issuer”).

Item 1(b) Address of Issuer’s Principal Executive Offices

  4 Hagoren Street, Industrial Park, Omer 84965, Israel.

Item 2(a)-(b) Name of Person Filing; Address of Principal Business Office or, if none, Residence

  (a) Kardan Communications Ltd. The principal business office is located at 154 Menachem Begin Street, Tel Aviv 64921, Israel.

  (b) Kardan Israel Ltd. The principal business office is located at 154 Menachem Begin Street, Tel Aviv 64921, Israel.

  (c) Kardan N.V. The principal business office is located at Claude Debusseylan 30, Vinoly Building, 13th Floor, Amsterdam, The Netherlands.

Item 2(c) Citizenship

  Incorporated by reference to Item 4 of the cover page pertaining to each reporting person.

Item 2(d) Title of Class of Securities

  Ordinary Shares, par value NIS 0.01 per share, of the Issuer (“Ordinary Shares”).

Item 2(e) CUSIP Number

  M8183P102

Item 3 If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

  Not applicable.

Item 4 Ownership

  Kardan Communications Ltd.

  (a) Amount beneficially owned: 4,233,600 Ordinary Shares. Kardan Communications Ltd. is the record owner of 4,233,600 Ordinary Shares.

  (b) Percentage of class: 24.5%

  (c) Number of shares as to which the person has:

  Sole power to vote or direct the vote: N/A
Shared power to vote or direct the vote: 4,233,600
Sole power to dispose or direct the disposition of: N/A
Shared power to dispose or direct the disposition of: 4,233,600

Page 5 of  7 Pages



  Kardan Israel Ltd.

  (a) Amount beneficially owned: 4,233,600 Ordinary Shares. Kardan Israel Ltd. beneficially owns all the shares of Kardan Communications Ltd. By reason of Kardan Israel Ltd.‘s control over Kardan Communications Ltd., Kardan Israel may be deemed to beneficially own, and share the power to vote and dispose of, the Ordinary Shares beneficially owned by Kardan Communications Ltd.

  (b) Percentage of class: 24.5%

  (c) Number of shares as to which the person has:

  Sole power to vote or direct the vote: N/A
Shared power to vote or direct the vote: 4,233,600
Sole power to dispose or direct the disposition of: N/A
Shared power to dispose or direct the disposition of: 4,233,600

  Kardan N.V.

  (a) Amount beneficially owned: 4,233,600 Ordinary Shares. As of the date hereof, Kardan N.V. beneficially owns shares of Kardan Israel Ltd. representing approximately 71% of the voting power of Kardan Israel Ltd. By reason of Kardan N.V.‘s control over Kardan Israel Ltd., Kardan N.V. may be deemed to beneficially own, and share the power to vote and dispose of, the Ordinary Shares beneficially owned by Kardan Communications Ltd.

  (b) Percentage of class: 24.5%

  (c) Number of shares as to which the person has:

  Sole power to vote or direct the vote: N/A
Shared power to vote or direct the vote: 4,233,600
Sole power to dispose or direct the disposition of: N/A
Shared power to dispose or direct the disposition of: 4,233,600

Item 5 Ownership of Five Percent or Less of a Class

  Not applicable.

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

  Incorporated by reference to Items 2 and 4 of this Schedule 13G.

Item 9 Notice of Dissolution of Group

  Not applicable.

Item 10 Certification

  Not applicable.

Page 6 of  7 Pages



Signatures

        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: January 15, 2008 KARDAN COMMUNICATIONS LTD.


By: AMIT BEN-YEHUDA
——————————————
Amit Ben-Yehuda
CEO

By: AVI KURZWEIL
——————————————
Avi Kurzweil
CFO


KARDAN ISRAEL LTD.


By: EYTAN RECHTER
——————————————
Eytan Rechter
CEO

By: ASHER ALMOZLINO
——————————————
Asher Almozlino
CFO


KARDAN N.V.


By: ALAIN ICKOVICKS
——————————————
Alain Ickovicks
Managing Director

By: ZACH RUBIN
——————————————
Zach Rubin
Managing Director

Page 7 of  7 Pages



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