0000318703-13-000003.txt : 20130219 0000318703-13-000003.hdr.sgml : 20130219 20130215151330 ACCESSION NUMBER: 0000318703-13-000003 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130215 DATE AS OF CHANGE: 20130215 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MAGAL SECURITY SYSTEMS LTD CENTRAL INDEX KEY: 0000896494 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-53191 FILM NUMBER: 13618993 BUSINESS ADDRESS: STREET 1: P O BOX 70 STREET 2: INDUSTRIAL ZONE CITY: YAHUD ISRAEL STATE: L3 ZIP: 5600 MAIL ADDRESS: STREET 1: P.O. BOX 70, STREET 2: INDUSTRIAL ZONE CITY: YAHUD STATE: L3 ZIP: 56100 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BMI CAPITAL CORP CENTRAL INDEX KEY: 0000318703 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 133033923 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 570 LEXINGTON AVE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127026603 MAIL ADDRESS: STREET 1: BMI CAPITAL CORP STREET 2: 570 LEXINGTON AVE CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G 1 mags123112.txt Name of Issuer: Magal Security Systems Ltd. Title of Class of Securities: Common Cusip: 000000000 Date of Event: December 31,2012 1) Name of Reporting Person: BMI Capital Corporation 2) Appropriate Box if a Member of a Group (b) 3) SEC Use Only 4) Place of Organization Delaware 5) Sole Voting Power 0 6) Share Voting Power 0 7) Sole Dispositive Power 1,621,582 8) Shared Dispositive Power 0 9) Aggregate Amount Beneficially owned by Each Reporting Person 1,621,582 12) Type of Reporting Person: IA Item 1: a) Name of Issuer: Magal Security Systems Ltd. b) Address of Issuers Business Office P.O. Box 70 Yahud Israel, L3 56100 Item 2: a) Name of Person Filing: BMI Capital Corporation b) Address of Principal Office: 570 Lexington Avenue New York, NY 10022 b) Place of Organization: Delaware d) Title of Class of Securities Common e) Cusip Item 3: If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether this person is a: e) An Investment Advisor in accordance with 240.13d-1 (b)(1)(ii)(E) Item 4: a) Amount beneficially owned: 1,621,582 b) Percent of class: 10.07% c) Number of shares as to which the person has: (iii) Sole power to dispose or to direct the disposition of 1,621,582 Item 10: Certification (b) The following certification shall be included if the statement is filed pursuant to 240.13d-1(b): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. 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 Laurie Skolnick Vice President Date: February 15, 2013