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CUSIP No. M 20598 104 | | | | 13D | | | | Page 6 of 7 Pages |
The Record Holder holds 3,452,132 Ordinary Shares of record and, pursuant to the call option granted to the Record Holder by Sdot Yam pursuant to the Term Sheet, has the right to acquire an additional 2,000,000 Ordinary Shares. Pursuant to the Shareholders’ Agreement, the Record Holder also shares the right to direct the voting of 10,440,000 Ordinary Shares beneficially owned by Sdot Yam.
Dr. Halperin is the sole director of Tene III and the major shareholder of Tene III and Tene III Projects. Tene III is the general partner of Tene III Projects, which is the general partner of the Record Holder. As such, each of them may be deemed to share beneficial ownership of the Ordinary Shares held of record by the Record Holder. Each such entity or person disclaims any such beneficial ownership.
Item 5(c) of the Statement is amended and supplemented by inserting the following information:
During the past sixty days, the Record Holder acquired 255,927 Ordinary Shares in a series of transactions at prices ranging from $14.47 to $14.70 per share in open market transactions. Details by date, listing the number of Ordinary Shares acquired and the weighted average price per share for these transactions are provided below. The Reporting Persons undertake to provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares acquired at each separate price for this transaction.
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Date | | Ordinary Shares Acquired | | | Weighted Average Price per Ordinary Share | |
November 12, 2018 | | | 104,716 | | | $ | 14.513 | |
November 13, 2018 | | | 2,931 | | | $ | 14.599 | |
November 14, 2018 | | | 117,980 | | | $ | 14.647 | |
November 15, 2018 | | | 30,300 | | | $ | 14.669 | |
In addition to the purchases described above, since the most recent filing on Schedule 13D, the Record Holder purchased 118,723 shares of the Issuer’s Ordinary Shares for an aggregate purchase price of $1,783,621.36.