SC 13G/A: FORMULA SYSTEMS (1985) LTD
Ticker: FORTY · Form: SC 13G/A · Filed: Feb 14, 2024 · CIK: 1045986
| Field | Detail |
|---|---|
| Company | Formula Systems (1985) Ltd (FORTY) |
| Form Type | SC 13G/A |
| Filed Date | Feb 14, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 5 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by FORMULA SYSTEMS (1985) LTD.
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G/A filing submitted by Formula Systems (1985) Ltd (ticker: FORTY) to the SEC on Feb 14, 2024.
What is the risk level of this SC 13G/A filing?
This filing has been assessed as low risk.
How long is this filing?
Formula Systems (1985) Ltd's SC 13G/A filing is 5 pages with approximately 1,371 words. Estimated reading time is 5 minutes.
Where can I view the full SC 13G/A filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 1,371 words · 5 min read · ~5 pages · Grade level 12.5 · Accepted 2024-02-14 09:59:22
Filing Documents
- zk2430965.htm (SC 13G/A) — 78KB
- 0001178913-24-000533.txt ( ) — 80KB
(a)
Item 1. (a) Name of Issuer : Formula Systems (1985) Ltd. (b) Address of Issuer's Principal Executive Offices : Yahadut Canada 1 Street, Or Yehuda 6037501, Israel
(a)
Item 2. (a) Name of Person Filing : Menora Mivtachim Holdings Ltd. Menora Mivtachim Pensions and Gemel Ltd. (b) Address of Principal Business Office : Menora Mivtachim Holdings Ltd. – Menora House, 23 Jabotinsky St., Ramat Gan 5251102, Israel Menora Mivtachim Pensions and Gemel Ltd. – Menora House, 23 Jabotinsky St., Ramat Gan 5251102, Israel (c) Citizenship or Place of Incorporation : Menora Mivtachim Holdings Ltd. – Israel Menora Mivtachim Pensions and Gemel Ltd. – Israel (d) Title of Class of Securities : American Depositary Shares, each representing one Ordinary Share, NIS 1 per share (e) CUSIP Number : 346414105 Item 3 . Not applicable. Item 4 . (a) Amount beneficially owned : See row 9 of cover page of each reporting person. As of December 31, 2023, the securities reported herein were beneficially owned as follows: 0 ordinary shares (representing 0% of the total ordinary shares outstanding) beneficially owned by Menora Mivtachim Holdings Ltd; 951,811 ordinary shares (representing 6.21% of the total ordinary shares outstanding) beneficially owned by Menora Mivtachim Pensions and Gemel Ltd.; 130,288 ordinary shares (representing 0.85% of the total ordinary shares outstanding) beneficially owned by Menora Mivtachim Insurance Ltd; 8,078 ordinary shares (representing 0.05% of the total ordinary shares outstanding) beneficially owned by by Menora Mivtachim Vehistadrut Hamehandesim Nihul Kupot Gemel Ltd.; and 1,531 ordinary shares (representing 0.01% of the total ordinary shares outstanding) beneficially owned by Shomera Insurance Company Ltd. 4 The securities reported herein are beneficially owned by Menora Mivtachim Holdings Ltd. ("Menora Holdings") and by entities that are direct or indirect, wholly-owned or majority-owned, subsidiaries of Menora Holdings (the "Subsidiaries"), such as Menora Mivtachim Insurance Ltd., Shomera Insurance Company Ltd., Menora Mivtachim Pensions and Gemel Ltd., Menora Mivtachim Vehistadrut H
Certification
Item 10. Certification : By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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. 7 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. February 14, 2024 Menora Mivtachim Holdings Ltd. /s/ Ran Kalmi /s/ Nir Moroz By: Ran Kalmi By: Nir Moroz Title: CFO Title: CIO Menora Mivtachim Pensions and Gemel Ltd. /s/ Ran Kalmi /s/ Nir Moroz By: Ran Kalmi By: Nir Moroz Title: Authorized signature Title: Authorized signature 8 EXHIBIT NO. DESCRIPTION Exhibit 1 Joint Filing Agreement by and among the Reporting Persons, dated as of February 14, 2018, (incorporated herein by reference to Exhibit 1 to the Schedule 13G filed on February 14, 2018). 9