zk1618321.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
 
GILAT SATELLITE NETWORKS LTD.
(Name of Issuer)
 
Ordinary Shares, par value NIS 0.20 per share
(Title of Class of Securities)
 
M51474118
(CUSIP Number)
 
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
April 6, 2016
(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)
x
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. M5147411
  
13G
    
 
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
MIVTAH SHAMIR HOLDINGS LTD
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a)    ¨
(b)    ¨
3.
SEC Use Only
 
 
4. CITIZENSHIP OR PLACE OF ORGANIZATION
 
Israeli
 
NUMBER OF
SHARES
BENEFICIALLY
 OWNED BY
EACH
REPORTING
PERSON WITH
 5.  SOLE VOTING POWER
 
00,000
6. SHARED VOTING POWER
 
5,375,647 Ordinary Shares
7. SOLE DISPOSITIVE POWER
 
00,000
8. SHARED DISPOSITIVE POWER
 
00,000
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
5,375,647 Ordinary Shares
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)    
¨
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
9.898%
12. TYPE OF REPORTING PERSON (see instructions)
 
CO

 
 
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CUSIP No. M5147411
  
13G
    
 
Item 1.
 
 
(a)
Name of Issuer
 
GILAT SATELLITE NETWORKS LTD. (hereinafter referred to as the “Issuer”).
     
 
(b)
Address of Issuer’s Principal Executive Offices
Yegia Kapayim 21 , Petah Tikvah 49130
 
Item 2.
 
 
(a)
Name of Person Filing
MIVTAH SHAMIR HOLDINGS LTD
     
 
(b)
Address of the Principal Office or, if none, residence
27 HABARZEL Street, Tel-Aviv.
     
 
(c)
Citizenship
Israeli
     
 
(d)
Title of Class of Securities
Ordinary Shares, par value NIS 0.20 per share
     
 
(e)
CUSIP Number
M5147411
 
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:
 
 
(a)
¨
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
       
 
(b)
¨
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
       
 
(c)
¨
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
       
 
(d)
¨
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
       
 
(e)
¨
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
       
 
(f)
¨
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
 
(g)
¨
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
       
 
(h)
¨
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
       
 
(i)
¨
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
       
 
(j)
¨
Group, in accordance with §240.13d-1(b)(1)(ii)(J).
 
 
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Item 4.  Ownership.
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
 
 
(a)
  
Amount beneficially owned:  5,375,647 Ordinary Shares
         
 
(b)
  
Percent of class 9.898%
         
 
(c)
  
Number of shares as to which the person has:  
         
     
(i)
Sole power to vote or to direct the vote.
         
     
(ii)
Shared power to vote or to direct the vote 5,375,647 Ordinary Shares.
         
     
(iii)
Sole power to dispose or to direct the disposition of.
         
     
(iv)
Shared power to dispose or to direct the disposition of.
 
Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
 
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.
 
 
(b)
  
The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):
         
     
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.
  
 
 
- 4 -
 
CUSIP No. M5147411
  
13G
    
 
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: April 6, 2016
 
 
MIVTAH SHAMIR HOLDINGS LTD
  
     
  By: /s/ Meir Shamir
Authorized Signatory
  
     
  By: /s/ Limor Avidor
Authorized Signatory
  
     
 
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