SC 13D/A 1 tv490683_sc13da.htm SC 13D/A

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

(Amendment No. 24)

 

 

 

POINTER TELOCATION LTD.

 

 

(Name of Issuer)

 

Ordinary Shares, NIS 3.00 par value per share   M7946T104
     
(Title of Class of Securities)   (CUSIP Number)

 

Orly Tsioni, Adv.

Yigal Arnon & Co.

1, Azrieli Center

Tel-Aviv 67021, Israel

+972-3-608-7851

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

April 9, 2018*

 

(Date of Event which Requires Filing of this Statement)

 

*This Amendment No. 24 is voluntarily filed by the Reporting Persons

 

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 Rule 13d-1(e), 13d-1(f) or 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 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).

 

(Continued on following pages)

(Page 1 of 6 Pages)

 

 

 

 

 

 

CUSIP No. M7946T104 13D/A Page 2 of 6

 

1 NAMES OF REPORTING PERSONS: DBSI Investments Ltd.
 

I.R.S. IDENTIFICATION NOS.

OF ABOVE PERSONS: N/A

   
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:

(a) ¨

(b) x

 

3

SEC USE ONLY

 

 
4

SOURCE OF FUNDS:     OO

 

 
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Israel
NUMBER OF
SHARES
7 SOLE VOTING POWER:  
BENEFICIALLY
OWNED BY
8 SHARED VOTING POWER: 2,209,771
EACH
REPORTING
9 SOLE DISPOSITIVE POWER:  
PERSON WITH 10

SHARED DISPOSITIVE POWER:

 

2,209,771
11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:

 

2,209,771  
12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:

 

¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

27.4% (1)
14

TYPE OF REPORTING PERSON:          CO

 

 

(1)       Based on a number of 8,066,754 Ordinary Shares outstanding as of the date hereof.

 

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CUSIP No. M7946T104 13D/A Page 3 of 6

 

1 NAMES OF REPORTING PERSONS: Barak Dotan
 

I.R.S. IDENTIFICATION NOS.

OF ABOVE PERSONS: N/A

   
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:

(a) ¨

(b) x

 

3

SEC USE ONLY

 

 
4

SOURCE OF FUNDS:     OO

 

 
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Israel
NUMBER OF
SHARES
7 SOLE VOTING POWER:
BENEFICIALLY
OWNED BY
8 SHARED VOTING POWER: 2,209,771
EACH
REPORTING
9 SOLE DISPOSITIVE POWER:
PERSON WITH 10

SHARED DISPOSITIVE POWER:

 

2,209,771
11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:

 

2,209,771  
12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:

 

¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

27.4% (1)
14

TYPE OF REPORTING PERSON:          IN

 

 

(1)       Based on a number of 8,066,754 Ordinary Shares outstanding as of the date hereof.

 

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CUSIP No. M7946T104 13D/A Page 4 of 6

 

1 NAMES OF REPORTING PERSONS: Yossi Ben Shalom
 

I.R.S. IDENTIFICATION NOS.

OF ABOVE PERSONS: N/A

   
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:

(a) ¨

(b) x

 

3

SEC USE ONLY

 

 
4

SOURCE OF FUNDS:     OO

 

 
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION:

 

Israel
NUMBER OF
SHARES
7 SOLE VOTING POWER:
BENEFICIALLY
OWNED BY
8 SHARED VOTING POWER: 2,209,771
EACH
REPORTING
9 SOLE DISPOSITIVE POWER:
PERSON WITH 10

SHARED DISPOSITIVE POWER:

 

2,209,771
11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:

 

2,209,771  
12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:

 

¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

27.4% (1)
14

TYPE OF REPORTING PERSON:          IN

 

 

(1)       Based on a number of 8,066,754 Ordinary Shares outstanding as of the date hereof.

 

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This Amendment No. 24 to Schedule 13D is being filed on behalf of DBSI Investments Ltd. ("DBSI"), Barak Dotan and Yossi Ben Shalom (together, the "Reporting Persons"), relating to the ordinary shares (the "Ordinary Shares") of Pointer Telocation Ltd., a corporation existing under the laws of Israel ("Pointer"). Only those items that are hereby reported are amended; all other items remain unchanged. The original statement on Schedule 13D, and the previous amendments filed thereto, are hereby amended and supplemented as follows:

 

Item 5.Interest in Securities of the Issuer.

 

Item 5 is hereby amended and restated as follows:

 

(a) (b) DBSI is the beneficial owner of 2,209,771 Ordinary Shares, constituting 27.4% of the outstanding Ordinary Shares. Messrs. Yossi Ben Shalom and Barak Dotan, by virtue of their relationship with and interests in DBSI, may be deemed to control DBSI and consequently share the beneficial ownership of 2,209,771 Ordinary Shares. DBSI holds the right to vote its 2,209,771 Ordinary Shares, which right is directed jointly by Messrs. Yossi Ben Shalom and Barak Dotan.

 

(c)        Following are the dates of sale of Ordinary Shares by the Reporting Persons since the last report on Schedule 13D/A filed on November 1, 2016:

 

Date  Number of Shares Sold   Selling Price 
         
June 7, 2017   10,532   $12.01 
June 14, 2017   9,791   $12.03 
June 15, 2017   100   $12.00 
June 16, 2017   300   $12.00 
June 19, 2017   15,489   $12.04 
June 20, 2017   7,981   $12.02 
June 21, 2017   4,811   $12.11 
June 28, 2017   1,844   $15.11 
September 9, 2017   14,756   $15.65 
September 12, 2017   8,246   $15.48 
September 13, 2017   3,862   $15.41 
September 14, 2017   16,501   $15.57 
September 15, 2017   21,110   $15.93 

 

(d)       Not applicable.

 

(e)       Not applicable.

 

Item 7.Materials to be Filed as Exhibits.

 

Exhibit 1.Joint Filing Agreement (previously filed as Exhibit 1 to the Schedule 13D/A filed on January 16, 2014, which is incorporated by reference herein).

 

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SIGNATURE

 

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: April 9, 2018

 

DBSI INVESTMENTS LTD.  
         
By: /s/ Barak Dotan   /s/ Yossi Ben Shalom  
         
Name: Barak Dotan   Yossi Ben Shalom  
Title: Director   Director  

 

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: April 9, 2018

 

By: /s/ Barak Dotan  
     
Name: Barak Dotan  

 

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: April 9, 2018

 

By: /s/ Yossi Ben Shalom  
     
Name: Yossi Ben Shalom  

 

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