Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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Washington, D.C. 20549
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SCHEDULE 13G/A
(Amendment No. 3)*
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND
(d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
KENON HOLDINGS LTD.
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(Name of Issuer)
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Ordinary Shares, no par value
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(Title of Class of Securities)
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Y46717107
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(CUSIP Number)
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December 31, 2022
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(Date of Event Which Requires Filing of this Statement)
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Check the following box to designate the rule pursuant to which the 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 disclosures provided in a prior cover page.
The information required on 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. Y46717107
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Name of Reporting Persons
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Harel Insurance Investments & Financial Services Ltd.
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2
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Check the Appropriate Box if a Member of a Group
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(a) ☐
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(b) ☐
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3
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SEC Use only
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4
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Place of Organization
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Israel |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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Sole Voting Power
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0
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6
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Shared Voting Power
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2,112,107 Ordinary Shares *
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7
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Sole Dispositive Power
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0 |
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8
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Shared Dispositive Power
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2,256,011 Ordinary Shares *
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9
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Aggregate Amount Beneficially Owned by Each Reporting Person
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2,256,011 Ordinary Shares *
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10
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Check if the Aggregate Amount in Row (9) Excludes Certain Shares
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☐
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11
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Percent of Class Represented by Amount in Row (9)
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4.2%**
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12
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Type of Reporting Person :
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CO |
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* See Item 4.
** Based on 53,884,436 Ordinary Shares issued and outstanding as of April 26, 2022 (as reported by the Issuer in Exhibit 99.1 to its
Report on Form 6-K filed with the Securities and Exchange Commission on April 27, 2022).
Item 1.
(a) |
Name of Issuer:
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KENON HOLDINGS LTD. (hereinafter referred to as the “Issuer”).
(b) |
Address of Issuer’s Principal Executive Offices:
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1 Temasek Avenue # 36-01, Millenia Tower, Singapore 0391925
Item 2.
(a)-(c) |
Name of Person Filing, address and citizenship:
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The following entity is referred to as the “Reporting Person” in this Statement:
Harel Insurance Investments & Financial Services Ltd., an Israeli public company, with a principal business address at Harel House; 3 Aba Hillel Street; Ramat Gan 52118, Israel.
(d) Title of Class of Securities:
Ordinary Shares, no par value (the “Ordinary Shares”).
(e) |
CUSIP Number:
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Y46717107
Item 3. |
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
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Not Applicable.
Item 4. |
Ownership
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Of the 2,256,011 Ordinary Shares reported in this Statement as beneficially owned by the Reporting Person, (i)
2,112,107 Ordinary Shares are held for members of the public through, among others, provident funds and/or mutual funds and/or pension funds and/or insurance policies and/or exchange traded funds, which are managed by subsidiaries of the
Reporting Person, each of which subsidiaries operates under independent management and makes independent voting and investment decisions and (ii) 143,904 Ordinary Shares are held by third-party client accounts managed by a subsidiary of the
Reporting Person as portfolio managers, which subsidiary operates under independent management and makes independent investment decisions and has no voting power in the securities held in such client accounts. Consequently, this Statement shall
not be construed as an admission by the Reporting Person, and the Reporting Person disclaims, that it is the beneficial owner of any of the Ordinary Shares covered by this Statement or that it has any pecuniary interest in such Ordinary Shares
for purposes of Section 16 of the U.S. Securities Exchange Act of 1934, as amended.
Except as set forth above, see items 5-11 of the cover pages hereto for beneficial ownership, percentage of class and dispositive power of the Reporting Person, which are incorporated herein.
Item 5. |
Ownership of Five Percent or Less of a Class
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If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the
following ☒.
Item 6. |
Ownership of More than Five Percent on Behalf of Another Person
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Not Applicable.
Item 7. |
Identification and Classification of the Subsidiary, Which Acquired the Security Being Reported on by the Parent Holding Company
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Not Applicable.
Item 8. |
Identification and Classification of Members of the Group
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Not Applicable.
Item 9.
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Notice of Dissolution of Group
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Not Applicable.
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, other than activities solely in connection with a nomination under §240.14a-11.
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.
January 17, 2023
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HAREL INSURANCE INVESTMENTS AND FINANCIAL SERVICES LTD.
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BY: /s/ Uri Rabinovitz
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Name, Title: Uri Rabinovitz, Vice President
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