0001178913-19-001260.txt : 20190430 0001178913-19-001260.hdr.sgml : 20190430 20190430111458 ACCESSION NUMBER: 0001178913-19-001260 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20190430 FILED AS OF DATE: 20190430 DATE AS OF CHANGE: 20190430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ituran Location & Control Ltd. CENTRAL INDEX KEY: 0001337117 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065] IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32618 FILM NUMBER: 19779289 BUSINESS ADDRESS: STREET 1: 3 HASHIKMA STREET CITY: AZOOR STATE: L3 ZIP: 58001 BUSINESS PHONE: 972-3-557-1333 MAIL ADDRESS: STREET 1: 3 HASHIKMA STREET CITY: AZOOR STATE: L3 ZIP: 58001 6-K 1 zk1922984.htm 6-K


SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
________________________
 
FORM 6-K
 
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
 
For the month of April, 2019
 
Commission File Number 001-32618
 
Ituran Location and Control Ltd.
(Exact name of Registrant as specified in its Charter)
 
________________________
 
3 Hashikma Street, Azour 58001, Israel
(Address of Registrant’s principal executive offices)
 
________________________
 
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
 
Form 20-F Form 40-F ☐
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (1):
 
Yes ☐ No    
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (7):
 
Yes ☐ No     
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
 
Yes ☐ No
 
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): ______
 

 
 
On April 30, 2019, Ituran Location and Control Ltd. issued a press release announcing the Filing of 2018 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission. A copy of this press release is annexed hereto as Exhibit 99.1.




SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.
 
 
ITURAN LOCATION & CONTROL LTD.
 
       
    (Registrant)  
       
 
By:
/s/ Eyal Sheratzky  
    Name: Eyal Sheratzky  
   
Title:  Co-Chief Executive Officer
 
       
Date: April 30, 2019      
 
2

 
EXHIBIT INDEX
 
Exhibit No.
Item
 
3
EX-99.1 2 exhibit_99-1.htm EXHIBIT 99.1

Exhibit 99.1
 
ITURAN ANNOUNCES FILING OF 2018 ANNUAL REPORT
 ON FORM 20-F WITH THE SECURITIES & EXCHANGE COMMISION

AZOUR, Israel – April 30, 2019 Ituran Location and Control Ltd. (NASDAQ: ITRN), today announced that it has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2018 with the U.S. Securities and Exchange Commission ("SEC").  The Annual Report is available through Ituran’s investor relations website, accessible from www.ituran.com as well as on the SEC's website at www.sec.gov.

Interested investors may obtain a hard copy of the Annual Report on Form 20-F, including the complete audited financial statements, free of charge, by sending a request to the investor relations team at Ituran.

Ituran also announced that in the audited financial statements, the fourth quarter 2018 non cash and non-operating profit of $4.8 million related to the investment round in Bringg, was not recognized but rather a smaller amount of $1.0 million. This was due to the fact that preferred shares were issued to new investors in the last investment round, providing them with an anti-dilution and preference clauses. This impact the reported net income for the fourth quarter and full year 2018 .It has no impact on the company's on-going operation nor on the company's cash flow and cash position.

About Ituran
Ituran is a leader in the emerging mobility technology field, providing value-added location-based services, including a full suite of services for the connected-car. Ituran offers Stolen Vehicle Recovery, fleet management as well as mobile asset location, management & control services for vehicles, cargo and personal security for the retail, insurance industry and car manufacturers. Ituran is the largest OEM telematics provider in Latin America. Its products and applications are used by customers in over 20 countries. Ituran is also the founder of the Tel-Aviv based DRIVE startup incubator to promote the development of smart mobility technology.
 
Ituran's subscriber base has been growing significantly since the Company's inception to well over 1.7 million subscribers using its location based services with a market leading position in Israel and Latin America. Established in 1995, Ituran has over 3,200 employees worldwide, with offices in Israel, Brazil, Argentina, Mexico, Ecuador, Columbia, India, Canada and the United States.
 
For more information, please visit Ituran’s website, at: www.ituran.com
 
Company Contact   International Investor Relations
Udi Mizrahi
udi_m@ituran.com
Deputy CEO and VP Finance, Ituran
(Israel) +972 3 557 1348
 
Ehud Helft
ituran@gkir.com
GK  Investor & Public Relations
(US) +1 646 201 9246


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