SC 13G/A: Ituran Location & Control Ltd.
Ticker: ITRN · Form: SC 13G/A · Filed: Mar 20, 2024 · CIK: 1337117
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by Ituran Location & Control Ltd..
Risk Assessment
Risk Level: low
Filing Stats: 1,268 words · 5 min read · ~4 pages · Grade level 11.7 · Accepted 2024-03-20 09:10:27
Filing Documents
- zk2431169.htm (SC 13G/A) — 71KB
- 0001178913-24-000999.txt ( ) — 72KB
From the Filing
SC 13G/A 1 zk2431169.htm SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No.4)* Ituran Location and Control Ltd. (Name of Issuer) Ordinary Shares, Par Value NIS 0.33 1 / 3 per share (Title of Class of Securities) M6158M104 (CUSIP Number) March 12, 2024 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) 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 the disclosures provided in a prior cover page. The information required in 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). CUSIP No. M6158M104 13G Page 2 of 9 Pages 1 NAME OF REPORTING PERSONS The Phoenix Holdings Ltd. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions) (a) (b) 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 --- 6 SHARED VOTING POWER 990,658.00 (*) 7 SOLE DISPOSITIVE POWER --- 8 SHARED DISPOSITIVE POWER 990,658.00 (*) 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 990,658.00 (*) 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See instructions) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.98% (*) (**) 12 TYPE OF REPORTING PERSON (See instructions) CO (*) The beneficial ownership of the securities reported herein is described in Item 4(a). (**) Based on 19,893,580 Ordinary Shares outstanding as of March 13, 2024 (as reported on Bloomberg LP ). 2 Item 1. (a) Name of Issuer : Ituran Location and Control Ltd. (b) Address of Issuer's Principal Executive Offices : 3 Hashikma Street Azoor L3 58001 Item 2. (a) Name of Person Filing : The Phoenix Holdings Ltd. The securities reported herein are beneficially owned by various direct or indirect, majority or wholly-owned subsidiaries of the Phoenix Holdings Ltd. (the "Subsidiaries"). The Subsidiaries manage their own funds and/or the funds of others, including for holders of exchange-traded notes or various insurance policies, members of pension or provident funds, unit holders of mutual funds, and portfolio management clients. Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions. (b) Address of Principal Business Office : The address of the Phoenix Holdings Ltd. is Derech Hashalom 53, Givataim, 53454, Israel. (c) Citizenship : The Phoenix Holdings Ltd. - Israel (d) Title of Class of Securities : Ordinary Shares, Par Value NIS 0.331/3 per share (e) CUSIP Number : M6158M104 Item 3 . Not applicable. 3 Item 4 . (a) Amount beneficially owned : See row 9 of cover page of each reporting person. Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions. Neither the filing of this Schedule 13G nor any of its contents shall be deemed to constitute an admission by either the Filing Persons or Subsidiaries that a group exists for purposes of Section 13(d) of the Securities Exchange Act of 1934 or for any other purpose, and each reporting person disclaims the existence of any such group. In addition, each of the Filing Persons and Subsidiaries disclaims any beneficial ownership of the securities covered by this report in excess of their actual pecuniary interest therein. This Statement shall not be construed as an admission by the Filing Persons or Subsidiaries that they are the beneficial owners of any of the Ordinary Shares covered by this Statement, and each of Filing Persons and Subsidiaries disclaims beneficial ownership of any such Ordinary Shares. As of March 12, 2024, the securities reported herein were held as follows: Ordinary Shares Percentage of total Ordinary Shares outstanding The Phoenix Investments House "nostro" accounts -- -- The Phoenix Investments House trust funds -- -- The Phoenix Investments House ETF's -- -- The Phoenix "nostro" accounts 12,020 0.06 % The Phoenix pension and provident funds -- -- Linked insurance policies of Phoenix 49,002 0.25 % Partnership for Israeli shares (1) 929,636 4.67 % Partnership for investing in shares indexes (1) -- -- Partnership for international shares (1) -- -- Halman - Aldubi Provident and Pension Funds Ltd. -- -- (1) All ownership rights in this partnership