Willifood Investments Files 13D/A Amendment
Ticker: WILC · Form: SC 13D/A · Filed: Sep 9, 2024 · CIK: 1030997
| Field | Detail |
|---|---|
| Company | G Willi Food International Ltd (WILC) |
| Form Type | SC 13D/A |
| Filed Date | Sep 9, 2024 |
| Risk Level | medium |
| Pages | 11 |
| Reading Time | 13 min |
| Key Dollar Amounts | $85,418, $49,863, $1,866,666, $2,001,947 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing, schedule-13d
TL;DR
Willifood Investments filed a 13D/A amendment (No. 45) for G. Willi-Food International Ltd. Ownership details updated.
AI Summary
On September 9, 2024, Willifood Investments Ltd. filed an amendment (No. 45) to its Schedule 13D regarding G. Willi-Food International Ltd. The filing indicates changes in beneficial ownership, with Joseph Williger and Zwi Williger listed as group members. The company's principal executive offices are located at 4 Nahal Harif St., Yavne 81224, Israel.
Why It Matters
This filing updates ownership information for G. Willi-Food International Ltd., which could signal changes in control or strategic direction for the company.
Risk Assessment
Risk Level: medium — Schedule 13D filings, especially amendments, often indicate significant changes in beneficial ownership which can lead to increased volatility or strategic shifts.
Key Numbers
- 45 — Amendment Number (Indicates this is the 45th update to the ownership filing.)
Key Players & Entities
- Willifood Investments Ltd. (company) — Filer of the Schedule 13D/A
- G. Willi-Food International Ltd. (company) — Subject company of the filing
- Joseph Williger (person) — Group member listed in the filing
- Zwi Williger (person) — Group member listed in the filing
- Yitschak Barabi (person) — Chief Financial Officer of G. Willi-Food International Ltd.
- Perry Wildes (person) — Attorney at Goldfarb Gross Seligman & Co.
FAQ
What specific changes in beneficial ownership are detailed in this Amendment No. 45?
The filing does not specify the exact percentage or number of shares changed in this amendment, but it is an update to the beneficial ownership of G. Willi-Food International Ltd. by Willifood Investments Ltd. and its group members.
Who are the listed group members in this filing?
The group members listed are B.S.D CROWN LTD., JOSEPH WILLIGER, and ZWI WILLIGER.
What is the business address of G. Willi-Food International Ltd.?
The business address is 4 Nahal Harif St., Yavne 81224, Israel.
What is the CUSIP number for G. Willi-Food International Ltd. Ordinary Shares?
The CUSIP number is M52523103.
Who is the Chief Financial Officer of G. Willi-Food International Ltd. and what is their contact information provided?
Yitschak Barabi is the Chief Financial Officer, and his contact information is provided as Telephone: 972-8-932-1000.
Filing Stats: 3,231 words · 13 min read · ~11 pages · Grade level 9.9 · Accepted 2024-09-09 10:08:55
Key Financial Figures
- $85,418 — e Issuer for aggregate consideration of $85,418. ZW used his personal funds to acquire
- $49,863 — eptember 8, 2024 ZW 4,633 purchase $49,863 September 8, 2024 ZW 175,000 purch
- $1,866,666 — tember 8, 2024 ZW 175,000 purchase $1,866,666 Total 187,641 $2,001,947 (d) No per
- $2,001,947 — purchase $1,866,666 Total 187,641 $2,001,947 (d) No person, other than the Reportin
Filing Documents
- zk2432013.htm (SC 13D/A) — 179KB
- 0001178913-24-003019.txt ( ) — 180KB
Security and Issuer
Item 1. Security and Issuer. The Amendment relates to the ordinary shares, NIS 0.10 nominal value per share (the " Ordinary Shares "), of G. Willi-Food International Ltd. (the " Issuer "), an Israeli company with principal executive offices at 4 Nahal Harif St., Yavne 8110602, Israel.
Identity and Background
Item 2. Identity and Background.
of Schedule 13D, "Identity and Background" is amended and restated to read as follows
Item 2 of Schedule 13D, "Identity and Background" is amended and restated to read as follows: This Amendment to Schedule 13D is being filed jointly by Willi-Food Investments Ltd. (" WIL "), B.S.D Crown LTD. (" B.S.D "), Joseph Williger (" JW "), Zwi Williger (" ZW ") (the foregoing, collectively, the " Reporting Persons "). The agreement among the Reporting Persons relating to the joint filing of this Amendment to Schedule 13D is attached as an exhibit hereto. WIL is controlled by its majority shareholder, B.S.D (formerly known as Emblaze Ltd.), a company wholly owned by JW and his brother ZW. WIL, an Israeli company traded on the Tel Aviv Stock Exchange (symbol: WLFD), acts as a holding company for the shares of the Issuer, which imports and markets food products. The business address of WIL is 4 Nahal Harif St., Northern Industrial Zone, Yavne 8110602, Israel. B.S.D, an Israeli private company, holds WIL shares. The business address of B.S.D is 7 Menachem Begin Road, Gibor Sport Tower, 8th Floor, Ramat Gan 5268102, Israel. JW is a citizen of Israel, is a director of B.S.D, director of WIL and the CEO of the Issuer. JW is a citizen of Israel and his principal employment is business management. and his residence or business address is 76 Kaplan St., Hertzliya 4674311, Israel. ZW, the brother of JW, is a director of B.S.D, the Chairman of WIL and the Chairman of the Board of Directors of the Issuer. ZW is a citizen of Israel and his principal employment is business management. The business address of ZW is 7 Hashikma St., Savion, Israel. Unless included above, set forth on Schedule I hereto, which is incorporated herein by reference, is the name, present business addresses, principal occupation or employment, name of organization where such employment is conducted, description of the principal business of such organization and citizenship of the directors and executive officers of each Reporting Person. During the last five years, none of the Reporting Person
Source and Amount of Funds or other Consideration
Item 3. Source and Amount of Funds or other Consideration. Item 3 of Schedule 13D, "Source and Amount of Funds or other Consideration" is amended by adding the following paragraph: On September 3, 2024, ZW purchased 8,008 Ordinary Shares of the Issuer for aggregate consideration of $85,418. ZW used his personal funds to acquire the Ordinary Shares. On September 5, 2024 ZW purchased 4,633 Ordinary Shares of the Issuer for aggregate consideration of $ 49,863. ZW used his personal funds to acquire the Ordinary Shares. On September 8, 2024 ZW purchased 175,000 Ordinary Shares of the Issuer for aggregate consideration of $ 1,866,666. ZW used his personal funds to acquire the Ordinary Shares.
Interest in Securities of the Issuer
Item 5. Interest in Securities of the Issuer.
of the Schedule 13D, "Interest in Securities of the Issuer" is amended and restated to read as follows
Item 5 of the Schedule 13D, "Interest in Securities of the Issuer" is amended and restated to read as follows: (a) and (b) As of the date hereof, WIL owns directly (and therefore is considered the beneficial owner of) 8,200,542 Ordinary Shares, or approximately 59.14% of the outstanding Ordinary Shares. Thus, as of the date hereof, WIL may be deemed to have the shared power to vote, or direct the voting of, and the shared power to dispose of, or direct the disposition of, all such shares. WIL is controlled by its majority shareholder, B.S.D, which as of the date hereof directly owns 771,075 Ordinary Shares of the issuer. Accordingly, as of the date hereof, B.S.D may be deemed to beneficially own 8,971,617 Ordinary Shares (comprised of 771,075 Ordinary Shares held directly by B.S.D, and 8,200,542 Ordinary Shares held directly by WIL), or approximately 64.70% of the outstanding Ordinary Shares. Thus, as of the date hereof, B.S.D may be deemed to have the shared power to vote, or direct the voting of, and the shared power to dispose of, or direct the disposition of, all such shares. As of the date hereof, JW directly owns though a wholly-owned company 13,251 Ordinary Shares and ZW directly owns though a wholly-owned company 1,133,336 Ordinary Shares. JW and ZW together own 100% of B.S.D shares and each be deemed to beneficially own 10,118,204 Ordinary Shares (comprised of 8,200,542 Ordinary Shares held directly by WIL, 771,075 Ordinary Shares held directly by B.S.D, 13,251 Ordinary Shares held directly by JW and 1,133,336 Ordinary Shares held directly by ZW), or approximately 72.97% of the outstanding Ordinary Shares. Thus, as of the date hereof, each of JW and ZW may be deemed to have the shared power to vote, or direct the voting of, and the shared power to dispose of, or direct the disposition of, all such shares. Each Reporting Person disclaims beneficial ownership of any Ordinary Shares except to the extent of his or its pecuniary interest therein. Neither t
Material to be
Item 7. Material to be Filed as Exhibits.
of Schedule 13D, "Material to be Filed as Exhibits" is
Item 7 of Schedule 13D, "Material to be Filed as Exhibits" is amended and restated to read as follows: Exhibits : Number Description 99.1 Joint Filing Agreement among the Reporting Persons (incorporated by reference to Amendment No. 31 to Schedule 13D filed on August 3, 2017). 8
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of the knowledge and belief of the undersigned, each of the undersigned certifies that the information set forth in this Statement is true, correct and complete. Dated: September 9, 2024 /s/ Joseph Williger Joseph Williger /s/ Zwi Williger Zwi Williger B.S.D CROWN LTD. By: /s/ Joseph Williger Name: Joseph Williger Title: DIRECTOR WILLI-FOOD INVESTMENTS LTD. By: /s/ Yitschak Barabi Name: Yitschak Barabi Title: CFO 9 Schedule 1 Unless otherwise provided in Item 2, set forth below are the names of the directors and executive officers B.S.D. Crown LTD., and Willi-Food Investments Ltd., and their present business addresses, principal occupation or employment, name of organization where such employment is conducted, description of the principal business of such organization and citizenship. In addition, any service of such persons as officers or directors of the Issuer is also indicated. The citizenship of all those listed below is Israel unless otherwise noted. Name Joseph Williger Position in B.S.D, WIL, or Issuer Shareholder of B.S.D with his brother ZW, director in WIL, and the CEO of the Issuer Residence or business address 7 Menachem Begin Road, Gibor Sport Tower 8th Floor, Ramat Gan 5268102, Israel Present principal occupation or employment Director Name of corporation or organization where employed Yossi Willi Management and Investments Ltd and the Issuer Address of corporation or organization where employed 7 Menachem Begin Road, Gibor Sport Tower 8th Floor, Ramat Gan 5268102, Israel Description of principal business of corporation or organization where employed Management and Investments 10 Name Zwi Williger Noit Williger Lital Wagman-Williger Position in B.S.D, WIL, or Issuer Shareholder of B.S.D with his brother JW, the Chairman of WIL and a Chairman of the Board of Directors of the Issuer Director in WIL ZW's daughter Director in WIL YW's daughter Resi