UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(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
INTERNET GOLD-GOLDEN LINES LTD.
--------------------------------------------------------------------------------
(Name of Issuer)
ORDINARY SHARES, PAR VALUE NIS 0.01 PER SHARE
--------------------------------------------------------------------------------
(Title of Class of Securities)
M98939107
-------------------------------------
(CUSIP Number)
FEBRUARY 19, 2008
--------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the following box to designate the rule pursuant to which the 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).
* AS SOME OF THE SECURITIES BENEFICIALLY OWNED BY THE REPORTING PERSONS ARE
CONVERTIBLE DEBENTURES CURRENTLY CONVERTIBLE INTO ORDINARY SHARES PAR VALUE
NIS 0.01 PER SHARE, OF THE ISSUER (THE "ORDINARY SHARES"), THE FIGURES IN
THIS STATEMENT ARE SHOWN ON AN AS CONVERTED BASIS.
Page 1 of 12 pages
CUSIP NO. M98939107
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1. Name of Reporting Persons/
I.R.S. Identification Nos. of above persons (entities only).
Clal Finance Ltd
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Place of Organization
Israel
--------------------------------------------------------------------------------
5. Sole Voting Power
0
Number of -------------------------------------------------------------
Shares 6. Shared Voting Power
Beneficially 119,242 Ordinary Shares*
Owned by -------------------------------------------------------------
Each 7. Sole Dispositive Power
Reporting 0
Person With: -------------------------------------------------------------
8. Shared Dispositive Power
119,242 Ordinary Shares*
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
119,242 Ordinary Shares*
--------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
0.53%**
--------------------------------------------------------------------------------
12. Type of Reporting Person:
CO
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* See Item 4.
** Based on 22,393,022.40 Ordinary Shares outstanding as of July 31, 2007, on an
as converted basis (as reported in the Issuer's Form 6-K filed with the
Securities and Exchange Commission ("SEC") on August 3, 2007).
Page 2 of 12 pages
CUSIP NO. M98939107
--------------------------------------------------------------------------------
1. Name of Reporting Persons/
I.R.S. Identification Nos. of above persons (entities only).
Clal Insurance Enterprises Holdings Ltd.
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Place of Organization
Israel
--------------------------------------------------------------------------------
5. Sole Voting Power
0
Number of -------------------------------------------------------------
Shares 6. Shared Voting Power
Beneficially 1,345,588.40 Ordinary Shares*
Owned by -------------------------------------------------------------
Each 7. Sole Dispositive Power
Reporting 0
Person With: -------------------------------------------------------------
8. Shared Dispositive Power
1,464,830.40 Ordinary Shares*
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,464,830.40 Ordinary Shares*
--------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
6.54%**
--------------------------------------------------------------------------------
12. Type of Reporting Person:
CO
--------------------------------------------------------------------------------
*See Item 4. The 1,464,830.40 Ordinary Shares include debentures convertible
into 224,824.40 Ordinary Shares.
** Based on 22,393,022.40 Ordinary Shares outstanding as of July 31, 2007, on an
as converted basis (as reported in the Issuer's Form 6-K filed with the SEC on
August 3, 2007).
Page 3 of 12 pages
CUSIP NO. M98939107
--------------------------------------------------------------------------------
1. Name of Reporting Persons/
I.R.S. Identification Nos. of above persons (entities only).
IDB Development Corporation Ltd.
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Place of Organization
Israel
--------------------------------------------------------------------------------
5. Sole Voting Power
0
Number of -------------------------------------------------------------
Shares 6. Shared Voting Power
Beneficially 1,345,588.40 Ordinary Shares*
Owned by -------------------------------------------------------------
Each 7. Sole Dispositive Power
Reporting 0
Person With: -------------------------------------------------------------
8. Shared Dispositive Power
1,464,830.40 Ordinary Shares*
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,464,830.40 Ordinary Shares*
--------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
6.54%**
--------------------------------------------------------------------------------
12. Type of Reporting Person:
CO
--------------------------------------------------------------------------------
*See Item 4. The 1,464,830.40 Ordinary Shares include debentures convertible
into 224,824.40 Ordinary Shares and exclude 27,582 ordinary shares, all of which
are held for members of the public through, among others, provident funds and
mutual funds, which are managed by companies controlled by Epsilon Investment
House Ltd., an indirect subsidiary of IDB Development (the "Epsilon Shares").
** Based on 22,393,022.40 Ordinary Shares outstanding as of July 31, 2007, on an
as converted basis (as reported in the Issuer's Form 6-K filed with the SEC on
August 3, 2007).
Page 4 of 12 pages
CUSIP NO. M98939107
--------------------------------------------------------------------------------
1. Name of Reporting Persons/
I.R.S. Identification Nos. of above persons (entities only).
IDB Holding Corporation Ltd.
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Place of Organization
Israel
--------------------------------------------------------------------------------
5. Sole Voting Power
0
Number of -------------------------------------------------------------
Shares 6. Shared Voting Power
Beneficially 1,345,588.40 Ordinary Shares*
Owned by -------------------------------------------------------------
Each 7. Sole Dispositive Power
Reporting 0
Person With: -------------------------------------------------------------
8. Shared Dispositive Power
1,464,830.40 Ordinary Shares*
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,464,830.40 Ordinary Shares*
--------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
6.54%**
--------------------------------------------------------------------------------
12. Type of Reporting Person :
CO
--------------------------------------------------------------------------------
*See Item 4. The 1,464,830.40 Ordinary Shares include debentures convertible
into 224,824.40 Ordinary Shares and exclude the Epsilon Shares.
** Based on 22,393,022.40 Ordinary Shares outstanding as of July 31, 2007, on an
as converted basis (as reported in the Issuer's Form 6-K filed with the SEC on
August 3, 2007).
Page 5 of 12 pages
CUSIP NO. M98939107
--------------------------------------------------------------------------------
1. Name of Reporting Persons/
I.R.S. Identification Nos. of above persons (entities only).
Nochi Dankner
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Place of Organization
Israel
--------------------------------------------------------------------------------
5. Sole Voting Power
0
Number of -------------------------------------------------------------
Shares 6. Shared Voting Power
Beneficially 1,345,588.40 Ordinary Shares*
Owned by -------------------------------------------------------------
Each 7. Sole Dispositive Power
Reporting 0
Person With: -------------------------------------------------------------
8. Shared Dispositive Power
1,464,830.40 Ordinary Shares*
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,464,830.40 Ordinary Shares*
--------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
6.54%**
--------------------------------------------------------------------------------
12. Type of Reporting Person :
IN
--------------------------------------------------------------------------------
*See Item 4. The 1,464,830.40 Ordinary Shares include debentures convertible
into 224,824.40 Ordinary Shares and exclude the Epsilon Shares.
** Based on 22,393,022.40 Ordinary Shares outstanding as of July 31, 2007, on an
as converted basis (as reported in the Issuer's Form 6-K filed with the SEC on
August 3, 2007).
Page 6 of 12 pages
CUSIP NO. M98939107
--------------------------------------------------------------------------------
1. Name of Reporting Persons/
I.R.S. Identification Nos. of above persons (entities only).
Shelly Bergman
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Place of Organization
Israel
--------------------------------------------------------------------------------
5. Sole Voting Power
0
Number of -------------------------------------------------------------
Shares 6. Shared Voting Power
Beneficially 1,345,588.40 Ordinary Shares*
Owned by -------------------------------------------------------------
Each 7. Sole Dispositive Power
Reporting 0
Person With: -------------------------------------------------------------
8. Shared Dispositive Power
1,464,830.40 Ordinary Shares*
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,464,830.40 Ordinary Shares*
--------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
6.54%**
--------------------------------------------------------------------------------
12. Type of Reporting Person :
IN
--------------------------------------------------------------------------------
*See Item 4. The 1,464,830.40 Ordinary Shares include debentures convertible
into 224,824.40 Ordinary Shares and exclude the Epsilon Shares.
** Based on 22,393,022.40 Ordinary Shares outstanding as of July 31, 2007, on an
as converted basis (as reported in the Issuer's Form 6-K filed with the SEC on
August 3, 2007).
Page 7 of 12 pages
CUSIP NO. M98939107
--------------------------------------------------------------------------------
1. Name of Reporting Persons/
I.R.S. Identification Nos. of above persons (entities only).
Ruth Manor
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Place of Organization
Israel
--------------------------------------------------------------------------------
5. Sole Voting Power
0
Number of -------------------------------------------------------------
Shares 6. Shared Voting Power
Beneficially 1,345,588.40 Ordinary Shares*
Owned by -------------------------------------------------------------
Each 7. Sole Dispositive Power
Reporting 0
Person With: -------------------------------------------------------------
8. Shared Dispositive Power
1,464,830.40 Ordinary Shares*
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,464,830.40 Ordinary Shares*
--------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
6.54%**
--------------------------------------------------------------------------------
12. Type of Reporting Person :
IN
--------------------------------------------------------------------------------
*See Item 4. The 1,464,830.40 Ordinary Shares include debentures convertible
into 224,824.40 Ordinary Shares and exclude the Epsilon Shares.
** Based on 22,393,022.40 Ordinary Shares outstanding as of July 31, 2007, on an
as converted basis (as reported in the Issuer's Form 6-K filed with the SEC on
August 3, 2007).
Page 8 of 12 pages
CUSIP NO. M98939107
--------------------------------------------------------------------------------
1. Name of Reporting Persons/
I.R.S. Identification Nos. of above persons (entities only).
Avraham Livnat
--------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [X]
(b) [_]
--------------------------------------------------------------------------------
3. SEC Use only
--------------------------------------------------------------------------------
4. Place of Organization
Israel
--------------------------------------------------------------------------------
5. Sole Voting Power
0
Number of -------------------------------------------------------------
Shares 6. Shared Voting Power
Beneficially 1,345,588.40 Ordinary Shares*
Owned by -------------------------------------------------------------
Each 7. Sole Dispositive Power
Reporting 0
Person With: -------------------------------------------------------------
8. Shared Dispositive Power
1,464,830.40 Ordinary Shares*
--------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,464,830.40 Ordinary Shares*
--------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
[_]
--------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
6.54%**
--------------------------------------------------------------------------------
12. Type of Reporting Person :
IN
--------------------------------------------------------------------------------
*See Item 4. The 1,464,830.40 Ordinary Shares include debentures convertible
into 224,824.40 Ordinary Shares and exclude the Epsilon Shares.
** Based on 22,393,022.40 Ordinary Shares outstanding as of July 31, 2007, on an
as converted basis (as reported in the Issuer's Form 6-K filed with the SEC on
August 3, 2007).
Page 9 of 12 pages
ITEM 1.
(a) Name of Issuer:
INTERNET GOLD-GOLDEN LINES LTD. (hereinafter referred to as the
"Issuer").
(b) Address of Issuer's Principal Executive Offices:
1 Alexander Yanai Street, Petach Tikva 49277, Israel
ITEM 2.
(a) Name of Person Filing:
This Statement is filed by:
(1) Clal Finance Ltd.
(2) Clal Insurance Enterprises Holdings Ltd.
(3) IDB Development Corporation Ltd.
(4) IDB Holding Corporation Ltd.
(5) Mr. Nochi Dankner
(6) Mrs. Shelly Bergman
(7) Mrs. Ruth Manor and
(8) Mr. Avraham Livnat
The foregoing entities and individuals are collectively referred to as the
"Reporting Persons" in this Statement.
(1) Clal Finance Ltd. is a majority owned subsidiary of Clal Insurance
Enterprises Holdings Ltd., an Israeli public corporation ("Clal"). Clal may
be deemed to beneficially own an aggregate of 1,464,830.40 Ordinary Shares
(the "Clal Shares"). See Item 4.
(2) Clal is a majority owned subsidiary of IDB Development Corporation
Ltd., an Israeli public corporation ("IDB Development"). By reason of IDB
Development's control of Clal, IDB Development may be deemed to be the
beneficial owner of, and to share the power to vote and dispose of, the
Issuer Shares owned beneficially by Clal. See Item 4.
(3) IDB Development is a majority owned subsidiary of IDB Holding
Corporation Ltd., an Israeli public corporation ("IDB Holding"). By reason
of IDB Holding's control (through IDB Development) of Clal, IDB Holding may
be deemed beneficial owner of, and to share the power to vote and dispose
of, the Issuer Shares owned beneficially by Clal. IDB Development may be
deemed to be the beneficial owner of, and to share the power to vote and
dispose of, 650 additional ordinary shares that are held through a
provident fund managed by a subsidiary of Koor Industries Ltd., a
subsidiary of IDB Development (the "Koor Shares"). See Item 4.
(4) Mr. Nochi Dankner, Mrs. Shelly Bergman, Mrs. Ruth Manor and Mr.
Avraham Livnat may, by reason of their interests in, and relationships
among them with respect to, IDB Holding, be deemed to control the
corporations referred to in paragraphs (1) - (3) above. By reason of the
control of IDB Holding by Nochi Dankner, Shelly Bergman, Ruth Manor and
Avraham Livnat, and the relations among them, Nochi Dankner, Shelly
Bergman, Ruth Manor and Avraham Livnat may each be deemed beneficial owner
of, and to share the power to vote and dispose of, the Issuer Shares owned
beneficially by Clal. See Item 4.
(b) Address of Principal Business Offices or, if none, Residence:
Clal Finance Ltd. - 37 Menachem Begin Street, Tel-Aviv 65220, Israel
Clal Insurance Enterprises Holdings Ltd. - 37 Menachem Begin Street, Tel-Aviv
65220, Israel
IDB Development Corporation Ltd. - The Triangular Tower, 44th floor, 3 Azrieli
Center, Tel Aviv 67023, Israel
IDB Holding Corporation Ltd. - The Triangular Tower, 44th floor, 3 Azrieli
Center, Tel Aviv 67023, Israel.
Mr. Nochi Dankner - The Triangular Tower, 44th floor, 3 Azrieli Center, Tel Aviv
67023, Israel.
Page 10 of 12 pages
Mrs. Shelly Bergman - 9 Hamishmar Ha'Ezrachi Street, Afeka, Tel Aviv 69697,
Israel.
Mrs. Ruth Manor - 26 Hagderot Street, Savyon 56526, Israel.
Mr. Avraham Livnat - Taavura Junction, Ramle 72102, Israel.
(c) Citizenship:
Citizenship or place of organization of all Reporting Persons, as the case
may be, is Israel.
(d) Title of Class of Securities:
Ordinary Shares, par value NIS 0.01 per share (the "Ordinary Shares").
(e) CUSIP Number:
M98939107
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS.240.13D-1(B) OR
240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
Not Applicable.
ITEM 4. OWNERSHIP
Of the 119,242 Ordinary Shares reported in this Statement as beneficially
owned by Clal Finance, 59,130 Ordinary Shares are held for its own account.
Consequently, this Statement shall not be construed as an admission by Clal
Finance that it is the beneficial owner of 60,112 Ordinary Shares covered by
this Statement.
Of the 1,464,830.40 Ordinary Shares reported in this Statement as
beneficially owned by Clal (i) 1,313,710.40 Ordinary Shares are held for members
of the public through, among others, provident funds, mutual funds, pension
funds and insurance policies, which are managed by subsidiaries of Clal, each of
which subsidiaries operates under independent management and makes independent
voting and investment decisions, and (ii) 151,120 are beneficially held for its
own account. In addition, the Koor Shares are held through a provident fund
managed by an indirect subsidiary of IDB Development, which subsidiary operates
under independent management and makes investment decisions independent of Koor.
Consequently, this Statement shall not be construed as an admission by (i) Clal,
that it is the beneficial owner of 1,313,710.40 Ordinary Shares covered by this
Statement; and (ii) the Reporting Persons (other than Clal and Clal Finance)
that they are the beneficial owners of 1,464,830.40 Ordinary Shares covered by
this Statement and the Koor Shares.
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
Persons, which are incorporated herein.
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 5 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
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.
Page 11 of 12 pages
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.
February 28, 2008
CLAL FINANCE LTD.
CLAL INSURANCE ENTERPRISES HOLDINGS LTD.
IDB DEVELOPMENT CORPORATION LTD.
IDB HOLDING CORPORATION LTD.
NOCHI DANKNER
SHELLY BERGMAN
RUTH MANOR
AVRAHAM LIVNAT
By: CLAL INSURANCE ENTERPRISES HOLDINGS LTD.
By: /s/ Uri Levy /s/ Omer Ben Pazi
-------------------------------------
Uri Levy and Omer Ben Pazi, authorized signatories of CLAL
INSURANCE ENTERPRISES HOLDINGS LTD., for itself and on
behalf of Clal Finance Ltd., IDB Development Corporation
Ltd., IDB Holding Corporation Ltd., Nochi Dankner, Shelly
Bergman, Ruth Manor and Avraham Livnat, pursuant to
agreement annexed as Exhibit 1 to this Schedule 13G.
Page 12 of 12 pages