Value Base Amends SHL Telemedicine Stake, Signals Ownership Shift

Ticker: SHMLF · Form: SC 13D/A · Filed: Feb 12, 2024 · CIK: 1166834

Shl Telemedicine Ltd SC 13D/A Filing Summary
FieldDetail
CompanyShl Telemedicine Ltd (SHMLF)
Form TypeSC 13D/A
Filed DateFeb 12, 2024
Risk Levelmedium
Pages4
Reading Time5 min
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: insider-ownership, amendment, shareholder-activism

TL;DR

**Value Base just updated its SHL Telemedicine stake, watch for potential control shifts!**

AI Summary

Value Base Ltd. and its affiliates, including Ido Nouberger and Victor Shamrich, filed an amended SC 13D/A on February 12, 2024, indicating a change in their beneficial ownership of SHL Telemedicine Ltd. ordinary shares. This amendment, triggered by an event on February 8, 2024, updates their previous filing and is crucial for investors as it signals potential shifts in control or influence over SHL Telemedicine, which could impact strategic decisions and stock performance.

Why It Matters

This filing updates the market on a significant shareholder's position, which can influence SHL Telemedicine's governance and future direction, potentially affecting its stock price.

Risk Assessment

Risk Level: medium — Changes in significant shareholder ownership can introduce uncertainty regarding company strategy and management, posing a medium risk to current investors.

Analyst Insight

Investors should monitor subsequent filings from Value Base Ltd. to understand the full extent of their ownership changes and any stated intentions, as this could signal potential activist involvement or a shift in control that may impact SHL Telemedicine's strategic direction.

Key Players & Entities

  • Value Base Ltd. (company) — the filing person and a significant shareholder in SHL Telemedicine Ltd.
  • SHL Telemedicine Ltd. (company) — the subject company whose ordinary shares are being reported.
  • Ido Nouberger (person) — a group member associated with the filing.
  • Victor Shamrich (person) — a group member associated with the filing.
  • February 8, 2024 (date) — the date of the event requiring this amendment.
  • NIS 0.01 (dollar_amount) — the nominal value per ordinary share of SHL Telemedicine Ltd.

FAQ

What is the purpose of this SC 13D/A filing?

This SC 13D/A filing is an amendment (Amendment No. 1) to a previous Schedule 13D, indicating a change in the beneficial ownership of ordinary shares of SHL Telemedicine Ltd. by Value Base Ltd. and its group members, as required by the Securities Exchange Act of 1934.

Who are the primary entities involved in this filing?

The primary entities involved are SHL Telemedicine Ltd. as the issuer, and Value Base Ltd. as the filing person, along with group members Ido Nouberger and Value Base Hedge Fund Ltd., and Victor Shamrich.

What is the CUSIP number for SHL Telemedicine Ltd. ordinary shares?

The CUSIP number for SHL Telemedicine Ltd. ordinary shares is 78423T200.

When did the event occur that triggered this filing?

The event which required the filing of this statement occurred on February 8, 2024.

What is the nominal value per share of SHL Telemedicine Ltd. ordinary shares?

The nominal value per ordinary share of SHL Telemedicine Ltd. is NIS 0.01.

Filing Stats: 1,320 words · 5 min read · ~4 pages · Grade level 11 · Accepted 2024-02-12 06:02:05

Filing Documents

Signatures

Signatures 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: February 11, 2024 /s/ Ido Nouberger Ido Nouberger /s/ Victor Shamrich Victor Shamrich Value Base Ltd. /s/ Ido Nouberger /s/ Victor Shamrich Name: Ido Nouberger Title: CEO Victor Shamrich Chairman Value Base Hedge Fund Ltd. /s/ Ido Nouberger* Name: Ido Nouberger Title: Director /s/ Victor Shamrich* Victor Shamrich Director * Evidence of signature authority attached as Exhibit 3 to this Schedule 13D. 7

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