Sec Form 13G Filing - Snowdrop Holding SA filing for Brenmiller Energy Ltd. (BNRG) - 2024-10-08

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>>
 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

(Amendment No. 1)

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

BRENMILLER ENERGY LTD

(Name of Issuer)

 

Ordinary Shares, no par value per share

(Title of Class of Securities)

 

M2R43K362

(CUSIP Number)

 

September 30, 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)

 

þ 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. M2R43K362 13G Page 2 of 5 Pages

 

1.

NAMES OF REPORTING PERSON

 

Snowdrop Holding SA

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a) ☐ (b) ☐

3.

SEC USE ONLY

 

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Switzerland

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5.

SOLE VOTING POWER

 

238,822 (1)

6.

SHARED VOTING POWER

 

-0-

7.

SOLE DISPOSITIVE POWER

 

238,822 (1)

8.

SHARED DISPOSITIVE POWER

 

-0-

 

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

552,103 (1)

10.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

7.5% (2)

12.

TYPE OF REPORTING PERSON

 

CO

 

(1) Consists of (i) 238,822 Ordinary Shares held by the Reporting Person and (ii) warrants to purchase 313,281 Ordinary Shares which are beneficially owned by the Reporting Person and included pursuant to Rule 13d-3(d)(1)(i) of the Securities Exchange Act of 1934, as amended.

 

(2) The percentage ownership was calculated based on a denominator which is the sum of (i) 7,094,791 ordinary shares of the Issuer that were outstanding as of August 30, 2024, based on information contained in the Issuer’s Report of Foreign Private Issuer on Form 6-K, filed with the U.S. Securities and Exchange Commission (the “SEC”) by the Issuer on September 9, 2024, and (ii) warrants to purchase 313,281 ordinary shares of the Issuer which are beneficially owned by the Reporting Person and included pursuant to Rule 13d-3(d)(1)(i) of the Securities Exchange Act of 1934, as amended.

 

 

 

 

CUSIP No. M2R43K362 13G Page 3 of 5 Pages

 

Item 1.   Issuer
     
  (a) Name of Issuer:
     
    BRENMILLER ENERGY LTD.
     
  (b) Address of Issuer’s Principal Executive Offices:
     
    13 Amal St. 4th Floor, Park Afek, Rosh Haayin, 4809249 Israel
     
Item 2.   Filing Person
     
  (a) – (c) Name of Persons Filing; Address; Citizenship:
   

 

This statement is filed on behalf of:

Snowdrop Holding SA

 

The address of the principal business office of the reporting person is:

Rue de Tsampehro 35, Chermignon-d’en-Bas, Valais, Switzerland, 3971.

 

Citizenship: Switzerland.

     
  (d) Title of Class of Securities:
     
    Ordinary Shares, no par value per share
     
  (e) CUSIP Number:
     
    M2R43K362

 

Item 3.   If this statement is filed pursuant to Rules 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: 522,103 shares

 

  (b) Precent of class: 7.5%

 

  (c) Number of shares as to which such person has:

 

  (i) Sole power to vote or direct the vote: 238,822

 

  (ii) Shared power to vote or to direct the vote: 0

 

  (iii) Sole power to dispose or to direct the disposition of: 238,822

 

  (iv) Shared power to dispose or to direct the disposition of: 0 

 

 

 

 

CUSIP No. M2R43K362 13G Page 4 of 5 Pages

 

Item 5. Ownership of Five Percent or Less of a Class.

 

Not Applicable.

 

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 or Control Person.

 

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.

 

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.

 

 

 

 

CUSIP No. M2R43K362 13G Page 5 of 5 Pages

 

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: October 8, 2024

 

Snowdrop Holding SA  
     
By: /s/ Jean-Paul Tissieres  
Name:  Jean-Paul Tissieres  
Title: Director