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
What is insider trading>>
- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
|
SCHEDULE 13G
Under the Securities Exchange Act of 1934
|
Selina Hospitality PLC
|
(Name of Issuer)
|
Ordinary Shares, nominal value $0.005064
|
(Title of Class of Securities)
|
G8059B101
|
(CUSIP Number)
|
December 31, 2022
|
(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)
|
☒
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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).
1
|
NAME OF REPORTING PERSONS
Selina Growth Fund S.C.Sp.
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
(b)
|
||
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
OO
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Luxembourg
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
0
|
|
8
|
SHARED VOTING POWER
7,674,211
|
||
9
|
SOLE DISPOSITIVE POWER
0
|
||
10
|
SHARED DISPOSITIVE POWER
7,674,211
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,674,211
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.0%(1)
|
||
14
|
TYPE OF REPORTING PERSON
OO
|
(1) Based on 96,465,677 Ordinary Shares issued and outstanding as of November 21, 2022 as disclosed in the Issuer’s Registration Statement on Form F-1/A filed with the U.S. Securities
and Exchange Commission (the “SEC”) on January 23, 2023.
1
|
NAME OF REPORTING PERSONS
Kibbutz General Partner S.a.r.l.
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
(b)
|
||
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
OO
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Luxembourg
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
0
|
|
8
|
SHARED VOTING POWER
7,674,211
|
||
9
|
SOLE DISPOSITIVE POWER
0
|
||
10
|
SHARED DISPOSITIVE POWER
7,674,211
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,674,211
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.0%(1)
|
||
14
|
TYPE OF REPORTING PERSON
OO
|
(1) Based on 96,465,677 Ordinary Shares issued and outstanding as of November 21, 2022 as disclosed in the Issuer’s Registration Statement on Form F-1/A filed with the U.S. Securities and Exchange
Commission (the “SEC”) on January 23, 2023.
1
|
NAME OF REPORTING PERSONS
Dekel Development Holding, S.a.r.l
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
(b)
|
||
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
OO
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Luxembourg
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
0
|
|
8
|
SHARED VOTING POWER
15,491,847
|
||
9
|
SOLE DISPOSITIVE POWER
0
|
||
10
|
SHARED DISPOSITIVE POWER
15,491,847
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,491,847
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.1%(1)
|
||
14
|
TYPE OF REPORTING PERSON
OO
|
(1) Based on 96,465,677 Ordinary Shares issued and outstanding as of November 21, 2022 as disclosed in the Issuer’s Registration Statement on Form F-1/A filed with the U.S. Securities and Exchange Commission
(the “SEC”) on January 23, 2023.
1
|
NAME OF REPORTING PERSONS
Kibbutz Holding S.a.r.l.
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
(b)
|
||
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
OO
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Luxembourg
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
0
|
|
8
|
SHARED VOTING POWER
21,146,948
|
||
9
|
SOLE DISPOSITIVE POWER
0
|
||
10
|
SHARED DISPOSITIVE POWER
21,146,948
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
21,146,948
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.5%(1)
|
||
14
|
TYPE OF REPORTING PERSON
OO
|
(1) Based on 96,465,677 Ordinary Shares issued and outstanding as of November 21, 2022 as disclosed in the Issuer’s Registration Statement on Form F-1/A filed with the U.S. Securities and Exchange Commission
(the “SEC”) on January 23, 2023.
1
|
NAME OF REPORTING PERSONS
Rafael Museri
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
(b)
|
||
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
OO
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
490,624
|
|
8
|
SHARED VOTING POWER
28,941,574
|
||
9
|
SOLE DISPOSITIVE POWER
490,624
|
||
10
|
SHARED DISPOSITIVE POWER
28,941,574
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
29,432,198
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.4%(1)
|
||
14
|
TYPE OF REPORTING PERSON
IN
|
(1) Based on 96,465,677 Ordinary Shares issued and outstanding as of November 21, 2022 as disclosed in the Issuer’s Registration Statement on Form F-1/A filed with the U.S. Securities and Exchange Commission
(the “SEC”) on January 23, 2023.
1
|
NAME OF REPORTING PERSONS
Daniel Rudasevski
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)
(b)
|
||
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS
OO
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
482,718
|
|
8
|
SHARED VOTING POWER
28,941,574
|
||
9
|
SOLE DISPOSITIVE POWER
482,718
|
||
10
|
SHARED DISPOSITIVE POWER
28,941,574
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
29,424,292
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ☐
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.4%(1)
|
||
14
|
TYPE OF REPORTING PERSON
IN
|
(1) Based on 96,465,677 Ordinary Shares issued and outstanding as of November 21, 2022 as disclosed in the Issuer’s Registration Statement on Form F-1/A filed with the U.S. Securities and Exchange Commission
(the “SEC”) on January 23, 2023.
Item 1. | (a) |
Name of Issuer
|
Selina Hospitality PLC, a company organized under the laws of the United Kingdom (the “Issuer” or the “Company”).
(b) |
Address of Issuer’s Principal Executive Offices
|
The principal executive offices of the Issuer is located at 2 London Wall Place, 6th Floor, Barbican, London EC2Y 5AU.
Item 2. | (a) |
Name of Person Filing
|
This Schedule 13G is filed jointly by: (i) Selina Growth Fund S.C.Sp. (“Selina Growth Fund”); (ii) Kibbutz General Partner S.a.r.l. (“Kibbutz GP”);
(iii) Dekel Development Holding S.a.r.l. (“Dekel”); (iv) Kibbutz Holding S.a.r.l. (“Kibbutz Holding”); (v) Rafael Museri (“Museri”); and (vi) Daniel Rudasevski (“Rudasevski”). The foregoing are referred to herein collectively as the “Reporting
Persons.”
Selina Growth Fund, Dekel, Kibbutz Holding, Museri, and Rudasevski each hold securities of the Issuer. Kibbutz Holding is the sole shareholder of
Dekel. Messrs. Museri and Rudasevski each hold 31.38% ownership interest in Kibbutz Holding. Kibbutz GP is the general manager of Selina Growth Fund. Messrs. Museri and Rudasevski each hold a 25% ownership interest in Kibbutz GP and act as directors
of Kibbutz GP.
(b) |
Address of Principal Business Office or, if none, Residence
|
The address of the principal office of Selina Growth Fund is 5, rue Guillaume J Kroll, I-1882 Luxembourg, Grand Duchy of Luxembourg. The address of
the principal office of Dekel is 23, rue Aldringen, L-1118 Luxembourg, Grand Duchy of Luxembourg. The address of the principal office of Kibbutz GP is 9, rue de Bonnevois, L-1260 Luxembourg, Grand Duchy of Luxembourg. The address of the principal
office of Kibbutz Holding is 5, rue Guillaume J Kroll, I-1882 Luxembourg, Grand Duchy of Luxembourg. The residence of Museri is 6 Kikar Malachi Hanavi, Modi’in-Makabim-Re’ut, Israel. The residence of Rudasevski is 47 Sderot Ben Gurion St.,
Tel-Aviv-Jaffa, Israel.
(c) |
Citizenship
|
|
Selina Growth Fund S.C.Sp.
|
Luxembourg
|
|
Kibbutz General Partner S.a.r.l.
|
Luxembourg
|
|
Dekel Development Holding S.A.
|
Luxembourg
|
|
Kibbutz Holding S.a.r.l.
|
Luxembourg
|
|
Rafael Museri
|
Israel
|
|
Daniel Rudasevski
|
Israel
|
(d) |
Title of Class of Securities
|
Ordinary Shares, nominal value $0.005064
(e) |
CUSIP Number
|
G8059B101
Item 3.
|
If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
Not applicable.
|
Item 4.
|
Ownership. |
(a) |
Amount beneficially owned:
|
|
Selina Growth Fund S.C.Sp.
|
7,674,211
|
|
Kibbutz General Partner S.a.r.l.
|
7,674,211
|
|
Dekel Development Holding S.A.
|
15,491,847
|
|
Kibbutz Holding S.a.r.l.
|
21,146,948
|
|
Rafael Museri
|
29,432,198
|
|
Daniel Rudasevski
|
29,424,292
|
The number of shares of ordinary shares reported as beneficially owned in this Schedule 13G is as of December 31, 2022. Selina Growth Fund, Kibbutz
GP, Dekel, Kibbutz Holding, Messrs. Museri and Rudasevski each disclaim beneficial ownership of all shares of ordinary shares included in this report other than the shares of ordinary shares held of record by such reporting person, and the filing of
this report shall not be construed as an admission that any such person or entity is the beneficial owner of such securities for the purposes of Section 13(d) or Section 13(g) of the Securities Exchange Act of 1934, as amended, or for any other
purposes.
(b) |
Percent of class:
|
|
Selina Growth Fund S.C.Sp.
|
8.0%
|
|
Kibbutz General Partner S.a.r.l.
|
8.0%
|
|
Dekel Development Holding S.A.
|
16.1%
|
|
Kibbutz Holding S.a.r.l.
|
21.5%
|
|
Rafael Museri
|
30.4%
|
|
Daniel Rudasevski
|
30.4%
|
The percentages are based on 96,465,677 ordinary shares issued and outstanding as of November 21, 2022 as disclosed in the Issuer’s Registration
Statement on Form F-1/A filed with the U.S. Securities and Exchange Commission (the “SEC”) on January 23, 2023.
(c) |
Number of shares as to which the person has:
|
(i) Sole power to vote or to direct the vote:
|
|
Selina Growth Fund S.C.Sp.
|
0
|
|
Kibbutz General Partner S.a.r.l.
|
0
|
|
Dekel Development Holding S.A.
|
0
|
|
Kibbutz Holding S.a.r.l.
|
0
|
|
Rafael Museri
|
490,624
|
|
Daniel Rudasevski
|
482,718
|
(ii) Shared power to vote or to direct the vote:
|
Selina Growth Fund S.C.Sp.
|
7,674,211
|
|
Kibbutz General Partner S.a.r.l.
|
7,674,211
|
|
Dekel Development Holding S.A.
|
15,491,847
|
|
Kibbutz Holding S.a.r.l.
|
21,146,948
|
|
Rafael Museri
|
28,941,574
|
|
Daniel Rudasevski
|
28,941,574
|
(iii) Sole power to dispose or to direct the disposition of:
|
Selina Growth Fund S.C.Sp.
|
0
|
|
Kibbutz General Partner S.a.r.l.
|
0
|
|
Dekel Development Holding S.A.
|
0
|
|
Kibbutz Holding S.a.r.l.
|
0
|
|
Rafael Museri
|
490,624
|
|
Daniel Rudasevski
|
482,718
|
(iv) Shared power to dispose or to direct the disposition of:
|
Selina Growth Fund S.C.Sp.
|
7,674,211
|
|
Kibbutz General Partner S.a.r.l.
|
7,674,211
|
|
Dekel Development Holding S.A.
|
15,491,847
|
|
Kibbutz Holding S.a.r.l.
|
21,146,948
|
|
Rafael Museri
|
28,941,574
|
|
Daniel Rudasevski
|
28,941,574
|
Item 5. |
Ownership of Five Percent or Less of a Class.
|
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 five percent of the class of securities, check the following. ☐
Item 6. |
Ownership of More than Five Percent on Behalf of Another Person.
|
Not applicable.
Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
|
Not applicable.
Item 8. |
Identification and Classification of Members of the Group.
|
Not applicable.
Item 9. |
Notice of Dissolution of Group.
|
Not applicable.
Item 10. |
Certification.
|
Not applicable.
[The remainder of this page intentionally left blank.]
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.
Date: February 14, 2023
SELINA GROWTH S.C.SP.
|
|||||
By:
|
Kibbutz General Partner S.a.r.l.
|
||||
By:
|
/s/ Rafael Museri
|
||||
Name:
|
Rafael Museri
|
||||
Its:
|
Co-General Manager
|
||||
By:
|
/s/ Daniel Rudasevski
A0;
|
||||
Name:
|
Daniel Rudasevski
|
||||
Its:
|
Co-General Manager
|
||||
KIBBUTZ GENERAL PARTNER S.A.R.L
|
|||||
By:
|
/s/ Rafael Museri
|
||||
Name:
|
Rafael Museri
|
||||
Its:
|
Co-General Manager
|
||||
By:
|
/s/ Daniel Rudasevski
|
||||
Name:
|
Daniel Rudasevski
|
||||
Its:
|
Co-General Manager
|
||||
DEKEL DEVELOPMENT HOLDING S.A.
|
|||||
By:
|
Kibbutz Holding S.a.r.l.
|
||||
By:
|
/s/ David Galan
|
||||
Name:
|
David Galan
|
||||
Its:
|
Authorized Signatory
|
||||
KIBBUTZ HOLDING S.A.R.L.
|
|||||
By:
|
/s/ David Galan
|
||||
Name:
|
David Galan
|
||||
Its:
|
Authorized Signatory
|
||||
/s/ Rafael Museri
|
|||||
RAFAEL MUSERI
|
|||||
/s/ Daniel Rudasevski
|
|||||
DANIEL RUDASEVSKI
|