<SEC-DOCUMENT>0001178913-19-000529.txt : 20190214
<SEC-HEADER>0001178913-19-000529.hdr.sgml : 20190214
<ACCEPTANCE-DATETIME>20190214125728
ACCESSION NUMBER:		0001178913-19-000529
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20190214
DATE AS OF CHANGE:		20190214
GROUP MEMBERS:		DELEK GROUP LTD.
GROUP MEMBERS:		ITSHAK SHARON (TSHUVA)

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GILAT SATELLITE NETWORKS LTD
		CENTRAL INDEX KEY:			0000897322
		STANDARD INDUSTRIAL CLASSIFICATION:	RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-49455
		FILM NUMBER:		19603714

	BUSINESS ADDRESS:	
		STREET 1:		C/O GILAT SATELLITE NETWORKS INC
		STREET 2:		1651 OLD MEADOW RD
		CITY:			MCLEAN
		STATE:			VA
		ZIP:			22102
		BUSINESS PHONE:		7037349401

	MAIL ADDRESS:	
		STREET 1:		GILAT HOUSE YEGIA KAPAYIM STREET
		STREET 2:		DANIV PARK
		CITY:			KIRYAT ARYE PETAH TI
		STATE:			L3
		ZIP:			00000

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Phoenix Holdings Ltd.
		CENTRAL INDEX KEY:			0001679543
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		53 DERECH HA'SHALOM ST.
		CITY:			GIVATAYIM
		STATE:			L3
		ZIP:			53454
		BUSINESS PHONE:		972-3-733-2997

	MAIL ADDRESS:	
		STREET 1:		53 DERECH HA'SHALOM ST.
		CITY:			GIVATAYIM
		STATE:			L3
		ZIP:			53454
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>zk1922659.htm
<DESCRIPTION>SC 13G/A
<TEXT>
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  <div style="FONT-SIZE: 16pt; TEXT-DECORATION: underline; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Gilat Satellite Networks Ltd.</div>
  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(Name of Issuer)</div>
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  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Check the appropriate box to designate the rule pursuant to which this Schedule is filed:</div>
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  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><a id="Check1" name="Check1"></a><font style="DISPLAY: inline" face="Wingdings">o</font>&#160;Rule 13d-1(b)</div>
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  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">*The remainder of this cover page shall be filled out for a reporting person&#8217;s initial filing on this
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  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">The information required in the remainder of this cover page shall not be deemed to be &#8220;filed&#8221; for the
    purpose of Section 18 of the <font style="FONT-STYLE: italic; DISPLAY: inline">Securities Exchange Act</font> of 1934 (&#8220;Act&#8221;) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act
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              <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">13G</div>
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              <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Page&#160;2 of 10 Pages</div>
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        <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
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          <table id="z6aa71d0940454f2a90f4cfadd2df1146" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellpadding="5" cellspacing="0">

              <tr valign="top">
                <td style="FONT-SIZE: 80%; BORDER-TOP: black 2px solid; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px
                  solid" valign="top">1</td>
                <td style="BORDER-TOP: black 2px solid; BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">NAME OF REPORTING PERSONS</div>
                  <div>&#160;</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">Itshak Sharon (Tshuva)</div>
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                <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP&#160;&#160;&#160;(See instructions)</div>
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                    <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 306pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: -297pt">(a) <font style="FONT-FAMILY: wingdings; DISPLAY: inline">o</font></div>
                    <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 306pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: -297pt">(b)&#160;<font style="FONT-FAMILY: wingdings; DISPLAY: inline">x</font></div>
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                <td style="FONT-SIZE: 80%; BORDER-TOP: medium none; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">3</td>
                <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3" bgcolor="#cceeff">
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">SEC USE ONLY</div>
                  <div style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; FONT-WEIGHT: normal">&#160;</div>
                  <div>&#160;</div>
                </td>
              </tr>
              <tr valign="top">
                <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">4</td>
                <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">CITIZENSHIP OR PLACE OF ORGANIZATION</font>
                  <div style="FONT-WEIGHT: normal; DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">Israel</div>
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              <tr valign="top">
                <td style="WIDTH: 7%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" rowspan="4" colspan="2" valign="middle"><font style="FONT-WEIGHT: normal">&#160; </font>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">NUMBER OF</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">SHARES</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">BENEFICIALLY</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">OWNED BY</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">EACH</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">REPORTING</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">PERSON WITH</div>
                </td>
                <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">5</td>
                <td style="BORDER-RIGHT: black 2px solid; WIDTH: 79%; BORDER-BOTTOM: black 2px solid">
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">SOLE VOTING POWER</div>
                  <div>&#160;</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">---</div>
                </td>
              </tr>
              <tr valign="top">
                <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">6</td>
                <td style="BORDER-RIGHT: black 2px solid; WIDTH: 79%; BORDER-BOTTOM: black 2px solid">
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">SHARED VOTING POWER</div>
                  <div>&#160;</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
                    <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                      <div>
                        <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,988,624.92</font> (*)</div>
                      </div>
                    </div>
                  </div>
                </td>
              </tr>
              <tr valign="top">
                <td style="FONT-SIZE: 80%; BORDER-TOP: black 4px; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">7</td>
                <td style="BORDER-TOP: black 4px; BORDER-RIGHT: black 2px solid; WIDTH: 79%; BORDER-BOTTOM: black 2px solid">
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">SOLE DISPOSITIVE POWER</div>
                  <div style="FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">&#160;</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">---</div>
                </td>
              </tr>
              <tr valign="top">
                <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">8</td>
                <td style="BORDER-TOP: medium none; BORDER-RIGHT: black 2px solid; WIDTH: 79%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left">
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">
                    <div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 30pt">SHARED DISPOSITIVE POWER</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 30pt">&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 30pt">
                        <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,988,624.92</font> (*)</div>
                      </div>
                    </div>
                  </div>
                </td>
              </tr>
              <tr valign="top">
                <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">9</td>
                <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
                  <div>&#160;</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
                    <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                        <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,988,624.92</font> (*)</div>
                      </div>
                    </div>
                  </div>
                </td>
              </tr>
              <tr valign="top">
                <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">10</td>
                <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See instructions)</div>
                  <div>&#160;</div>
                  <div style="FONT-FAMILY: wingdings; DISPLAY: inline">o</div>
                </td>
              </tr>
              <tr valign="top">
                <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">11</td>
                <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9</div>
                  <div>&#160;</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
                    <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                        <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                          <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7.29</font>% (*) (**)</div>
                        </div>
                      </div>
                    </div>
                  </div>
                </td>
              </tr>
              <tr valign="top">
                <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">12</td>
                <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">TYPE OF REPORTING PERSON&#160;&#160;&#160;(See instructions)</div>
                  <div>&#160;</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">IN</div>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">
        <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
          <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">(*) The beneficial ownership of the securities reported herein is described in Item 4(a).</div>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25"> <br>
            </div>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
              <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">(**) Based on 54,737,267 Ordinary Shares outstanding as of <font style="font-size: 10pt; font-family: 'Times New Roman', Times,
                  serif;">January 30, 2019</font> (as reported on Bloomberg LP).</div>
            </div>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
              <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">&#160;</div>
            </div>
          </div>
        </div>
        <div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
          <div style="WIDTH: 100%; PAGE-BREAK-AFTER: always">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; WIDTH: 100%; TEXT-ALIGN: center">2</div>
            <div style="WIDTH: 100%; TEXT-ALIGN: center">
              <hr style="COLOR: black" noshade="noshade" size="3"> </div>
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">
        <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt">
          <div style="DISPLAY: block; TEXT-INDENT: 0pt">
            <div>
              <table id="z2f5f560219db4ee9b777276a717d9115" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellpadding="0" cellspacing="0">

                  <tr>
                    <td style="BORDER-TOP: black 2px solid; BORDER-RIGHT: black 2px solid; WIDTH: 29%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BORDER-LEFT: black 2px solid" valign="top">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CUSIP No. M51474118</div>
                    </td>
                    <td style="BORDER-TOP: medium none; WIDTH: 28%; BORDER-BOTTOM: 4px" valign="top">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">13G</div>
                    </td>
                    <td style="BORDER-TOP: black 2px solid; BORDER-RIGHT: black 2px solid; WIDTH: 22%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BORDER-LEFT: black 2px solid" valign="top">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Page&#160;3 of 10 Pages</div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
            <div style="TEXT-ALIGN: left; DISPLAY: block; TEXT-INDENT: 0pt">
              <table id="z91c161c35d504a9683608cf3051830dd" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellpadding="5" cellspacing="0">

                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; BORDER-TOP: black 2px solid; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px
                      solid" valign="top">1</td>
                    <td style="BORDER-TOP: black 2px solid; BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">NAME OF REPORTING PERSONS</div>
                      <div>&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">Delek Group Ltd.</div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">2</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP&#160;&#160;&#160;(See instructions)</div>
                      <div>
                        <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 306pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: -297pt">(a) <font style="FONT-FAMILY: wingdings; DISPLAY: inline">o</font></div>
                        <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 306pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: -297pt">(b)&#160;<font style="FONT-FAMILY: wingdings; DISPLAY: inline">x</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; BORDER-TOP: medium none; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px
                      solid" valign="top">3</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3" bgcolor="#cceeff">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">SEC USE ONLY</div>
                      <div style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; FONT-WEIGHT: normal">&#160;</div>
                      <div>&#160;</div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">4</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">CITIZENSHIP OR PLACE OF ORGANIZATION</font>
                      <div style="FONT-WEIGHT: normal; DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">Israel</div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="WIDTH: 7%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" rowspan="4" colspan="2" valign="middle"><font style="FONT-WEIGHT: normal">&#160; </font>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">NUMBER OF</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">SHARES</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">BENEFICIALLY</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">OWNED BY</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">EACH</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">REPORTING</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">PERSON WITH</div>
                    </td>
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">5</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 79%; BORDER-BOTTOM: black 2px solid">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">SOLE VOTING POWER</div>
                      <div>&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">---</div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">6</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 79%; BORDER-BOTTOM: black 2px solid">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">SHARED VOTING POWER</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
                        <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                          <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                            <div style="line-height: 1.25;"><br style="line-height: 1.25;">
                            </div>
                            <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,988,624.92</font> (*)</div>
                          </div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; BORDER-TOP: black 4px; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">7</td>
                    <td style="BORDER-TOP: black 4px; BORDER-RIGHT: black 2px solid; WIDTH: 79%; BORDER-BOTTOM: black 2px solid">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">SOLE DISPOSITIVE POWER</div>
                      <div style="FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">---</div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">8</td>
                    <td style="BORDER-TOP: medium none; BORDER-RIGHT: black 2px solid; WIDTH: 79%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">SHARED DISPOSITIVE POWER</div>
                      <div>&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
                        <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                          <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,988,624.92</font> (*)</div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">9</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">
                        <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 30pt">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
                        <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 30pt">&#160;</div>
                      </div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; TEXT-ALIGN: left; LINE-HEIGHT: 1.25"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,988,624.92</font> (*)</div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">10</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See instructions)</div>
                      <div>&#160;</div>
                      <div style="FONT-FAMILY: wingdings; DISPLAY: inline">o</div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">11</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9</div>
                      <div>&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
                        <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                          <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                            <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                              <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7.29</font>% (*) (**)</div>
                            </div>
                          </div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">12</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">TYPE OF REPORTING PERSON&#160;&#160;&#160;(See instructions)</div>
                      <div>&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">CO</div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>
            <div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
              <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">(*) The beneficial ownership of the securities reported herein is described in Item 4(a).<br>
                  <br>
                </div>
                <div style="LINE-HEIGHT: 1.25">
                  <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">(**) Based on 54,737,267 Ordinary Shares outstanding as of <font style="font-size: 10pt; font-family: 'Times New Roman',
                      Times, serif;">January 30, 2019</font> (as reported on Bloomberg LP).</div>
                </div>
                <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25"><br>
                  </div>
                </div>
                <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">&#160;</div>
              </div>
            </div>
          </div>
        </div>
        <div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
          <div style="WIDTH: 100%; PAGE-BREAK-AFTER: always">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; WIDTH: 100%; TEXT-ALIGN: center">3</div>
            <div style="WIDTH: 100%; TEXT-ALIGN: center">
              <hr style="COLOR: black" noshade="noshade" size="3"> </div>
          </div>
        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt">
          <div>&#160;</div>
          <div>
            <div>
              <table id="zd9f94445ac084f4ca0e6136f686b6cf8" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellpadding="0" cellspacing="0">

                  <tr>
                    <td style="BORDER-TOP: black 2px solid; BORDER-RIGHT: black 2px solid; WIDTH: 29%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BORDER-LEFT: black 2px solid" valign="top">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">CUSIP No. M51474118</div>
                    </td>
                    <td style="BORDER-TOP: medium none; WIDTH: 28%; BORDER-BOTTOM: 4px" valign="top">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">13G</div>
                    </td>
                    <td style="BORDER-TOP: black 2px solid; BORDER-RIGHT: black 2px solid; WIDTH: 22%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; BORDER-LEFT: black 2px solid" valign="top">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Page&#160;4 of 10 Pages</div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
            <div style="TEXT-ALIGN: left; DISPLAY: block; TEXT-INDENT: 0pt">
              <table id="za018a0b3db8a456d941f400ae5977a4b" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" cellpadding="5" cellspacing="0">

                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; BORDER-TOP: black 2px solid; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px
                      solid" valign="top">1</td>
                    <td style="BORDER-TOP: black 2px solid; BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">NAME OF REPORTING PERSONS</div>
                      <div>&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">The Phoenix Holdings Ltd.</div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">2</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP&#160;&#160;&#160;(See instructions)</div>
                      <div>
                        <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 306pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: -297pt">(a) <font style="FONT-FAMILY: wingdings; DISPLAY: inline">o</font></div>
                        <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 306pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: -297pt">(b)&#160;<font style="FONT-FAMILY: wingdings; DISPLAY: inline">x</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; BORDER-TOP: medium none; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px
                      solid" valign="top">3</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3" bgcolor="#cceeff">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">SEC USE ONLY</div>
                      <div style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt"><br>
                        &#160;</div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">4</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">CITIZENSHIP OR PLACE OF ORGANIZATION</font>
                      <div style="FONT-WEIGHT: normal; DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">Israel</div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="WIDTH: 7%; BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid" rowspan="4" colspan="2" valign="middle"><font style="FONT-WEIGHT: normal">&#160; </font>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">NUMBER OF</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">SHARES</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">BENEFICIALLY</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">OWNED BY</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">EACH</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">REPORTING</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">PERSON WITH</div>
                    </td>
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">5</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 79%; BORDER-BOTTOM: black 2px solid">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">SOLE VOTING POWER</div>
                      <div>&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">---</div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">6</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 79%; BORDER-BOTTOM: black 2px solid">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">SHARED VOTING POWER</div>
                      <div>&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
                        <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                          <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                            <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,988,624.92</font> (*)</div>
                          </div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; BORDER-TOP: black 4px; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">7</td>
                    <td style="BORDER-TOP: black 4px; BORDER-RIGHT: black 2px solid; WIDTH: 79%; BORDER-BOTTOM: black 2px solid">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">SOLE DISPOSITIVE POWER</div>
                      <div style="FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">---</div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">8</td>
                    <td style="BORDER-TOP: medium none; BORDER-RIGHT: black 2px solid; WIDTH: 79%; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">SHARED DISPOSITIVE POWER</div>
                      <div>&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
                        <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                          <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                            <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,988,624.92</font> (*)</div>
                          </div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">9</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
                      <div>&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
                        <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                          <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                            <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3,988,624.92</font> (*)</div>
                          </div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">10</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See instructions)</div>
                      <div>&#160;</div>
                      <div style="FONT-FAMILY: wingdings; DISPLAY: inline">o</div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">11</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9</div>
                      <div>&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
                        <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                          <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                            <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
                              <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7.29</font>% (*) (**)</div>
                            </div>
                          </div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr valign="top">
                    <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; WIDTH: 7%; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: bold; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid" valign="top">12</td>
                    <td style="BORDER-RIGHT: black 2px solid; WIDTH: 93%; BORDER-BOTTOM: black 2px solid" colspan="3">
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: normal">TYPE OF REPORTING PERSON&#160;&#160;&#160;(See instructions)</div>
                      <div>&#160;</div>
                      <div style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 30pt; TEXT-INDENT: 0pt">CO</div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt">
          <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>
          <div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">
              <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">(*) The beneficial ownership of the securities reported herein is described in Item 4(a).</div>
              <div style="LINE-HEIGHT: 1.25"><br style="LINE-HEIGHT: 1.25">
              </div>
              <div style="LINE-HEIGHT: 1.25">
                <div style="text-align: left; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">(**) Based on 54,737,267 Ordinary Shares outstanding as of <font style="font-size: 10pt; font-family: 'Times New Roman',
                    Times, serif;">January 30, 2019</font> (as reported on Bloomberg LP).</div>
                <div style="text-align: left; line-height: 1.25;"><br style="line-height: 1.25;">
                </div>
              </div>
              <div style="LINE-HEIGHT: 1.25"><br style="LINE-HEIGHT: 1.25">
              </div>
              <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">&#160;</div>
            </div>
          </div>
        </div>
        <div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
          <div style="WIDTH: 100%; PAGE-BREAK-AFTER: always">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; WIDTH: 100%; TEXT-ALIGN: center">4</div>
            <div style="WIDTH: 100%; TEXT-ALIGN: center">
              <hr style="COLOR: black" noshade="noshade" size="3"> </div>
          </div>
        </div>
      </div>
    </div>
    <div>&#160;</div>
  </div>
  <div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><br>
    <font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Item 1.</font> (a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;<font style="TEXT-DECORATION: underline; DISPLAY: inline">Name of Issuer</font>:</font></div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 81pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Gilat Satellite Networks Ltd.</div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 81pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(b)</div>
          </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Address of Issuer's Principal Executive Offices</font>:</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 81pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Gilat House, 21 Yegia Kapayim Street, Kiryat Arye, Petah Tikva 49130, Israel</div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 81pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Item 2.</font> (a)</div>
          </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Name of Person Filing</font>:</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 78pt"> </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">&#160;1. Itshak Sharon (Tshuva)</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 78pt"> </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">&#160;2. Delek Group Ltd.</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 78pt"> </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">&#160;3. The Phoenix Holdings Ltd.</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt">
    <div style="text-align: justify; margin-left: 78pt; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The securities reported herein are beneficially owned by various <font style="font-size: 10pt; font-family: 'Times
        New Roman', Times, serif;">direct or indirect, majority or wholly-owned subsidiaries of the Phoenix </font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Holdings</font><font style="font-size: 10pt; font-family:
        'Times New Roman', Times, serif;"> Ltd. (the "Subsidiaries").&#160; The Subsidiaries manage their own funds and/or the funds of others, including for holders of exchange-traded notes or various insurance policies, members of pension or provident funds,
        unit holders of mutual funds, and portfolio management clients.&#160; Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions.</font></div>
    <div style="line-height: 1.25;"><br style="line-height: 1.25;">
    </div>
    <div style="line-height: 1.25;">
      <div style="text-align: justify; text-indent: 0pt; margin-left: 78pt; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The Phoenix <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Holdings</font>
        Ltd. is <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">a controlled</font> subsidiary of Delek Group Ltd.&#160; The majority of Delek Group Ltd.'s outstanding share capital and voting rights are owned, directly and
        indirectly, by Itshak Sharon (Tshuva) through private companies wholly-owned by him, and the remainder is held by the public.</div>
    </div>
    <div style="text-align: left; text-indent: 72pt; line-height: 1.25;"><br>
    </div>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 45.8pt"> </td>
          <td style="WIDTH: 36pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(b)</div>
          </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Address of Principal Business Office</font>:</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt">
    <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; MARGIN-LEFT: 78pt; LINE-HEIGHT: 1.25; TEXT-INDENT: 0pt">&#160;The address of Itshak Sharon (Tshuva) and Delek <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New
        Roman', Times, serif">Group</font> Ltd. is <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif">19 Abba Eban blvd</font>, P.O.B. <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif">2054, Herzliya,
        4612001</font>, Israel.<br>
    </div>
  </div>
  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 81pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>
  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 81pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">The address of the Phoenix Holdings Ltd. is Derech Hashalom 53, Givataim, 53454, Israel.&#160;</div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 45.8pt"> </td>
          <td style="WIDTH: 36pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(c)</div>
          </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Citizenship</font>:</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 78pt"> </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">&#160;1. Itshak Sharon (Tshuva) - Israel</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 78pt"> </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">&#160;2. Delek Group Ltd. - Israel</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 78pt"> </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">&#160;3. The Phoenix Holdings Ltd. - Israel</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 45.8pt"> </td>
          <td style="WIDTH: 36pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(d)</div>
          </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Title of Class of Securities</font>:</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 81pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Ordinary Shares, NIS 0.20 nominal value</div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 45.75pt"> </td>
          <td style="WIDTH: 36pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(e)</div>
          </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline; DISPLAY: inline">CUSIP Number</font>:</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 81pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">M51474118</div>
  <div style="TEXT-ALIGN: left; MARGIN-LEFT: 81pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>
  <div id="PGBRK" style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
    <div id="FTR"> </div>
    <div id="PN" style="WIDTH: 100%; PAGE-BREAK-AFTER: always">
      <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; WIDTH: 100%; TEXT-ALIGN: center">5</div>
      <div style="WIDTH: 100%; TEXT-ALIGN: center">
        <hr style="COLOR: black" noshade="noshade" size="3"> </div>
    </div>
    <div id="HDR"> </div>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 81pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Item 3</font>.</div>
          </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Not applicable.</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 81pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Item 4</font>.</div>
          </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Ownership</font>:</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 42.55pt"> </td>
          <td style="WIDTH: 36pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(a)</div>
          </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Amount beneficially owned</font>:</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 78pt"> </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">See row 9 of cover page of each reporting person.</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 78pt"> </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions.&#160;&#160;Neither the filing of this Schedule 13G
              nor any of its contents shall be deemed to constitute an admission by either the Filing Persons or Subsidiaries that a group exists for purposes of Section 13(d) of the Securities Exchange Act of 1934 or for any other purpose, and each
              reporting person disclaims the existence of any such group.&#160;&#160;In addition, each of the Filing Persons and Subsidiaries disclaims any beneficial ownership of the securities covered by this report in excess of their actual pecuniary interest
              therein.<font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160;</font>This Statement shall not be construed as an admission by the Filing Persons or Subsidiaries that they are the beneficial owners of any of the
              Ordinary Shares covered by this Statement, and each of Filing Persons and Subsidiaries disclaims beneficial ownership of any such Ordinary Shares.</div>
          </td>
        </tr>

    </table>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 78pt"> </td>
          <td>&#160;</td>
        </tr>

    </table>
  </div>
  <div>
    <div>
      <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

          <tr style="HEIGHT: 12px" valign="top">
            <td style="WIDTH: 78pt"> </td>
            <td style="FONT-FAMILY: 'Times New Roman', Times, serif">
              <div>As of December 31, 2018, the securities reported herein were held as follows:</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">
      <div id="DSPFPageHeader">&#160;</div>
      <div id="DSPFPageHeader">
        <table id="z8b75405111c145109e855a3126f40f74" style="width: 90%; font-size: 10pt;" border="0" cellpadding="0" cellspacing="0" align="right">

            <tr>
              <td style="vertical-align: top; padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: bottom; text-align: center; border-bottom: 2px solid rgb(0, 0, 0);">
                <div style="line-height: 1.25; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; font-weight: bold;">Ordinary Shares</div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; padding-bottom: 2px;" valign="bottom">&#160;</td>
              <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" valign="bottom">
                <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Percentage of total Ordinary Shares outstanding</font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; padding-bottom: 2px;" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 76%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Excellence "nostro" accounts</font></div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">--</font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">--</font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 76%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Excellence provident funds</font></div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2,054</font></font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
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                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.00</font></font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></font></div>
              </td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 76%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Excellence trust funds</font></div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
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                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">45,687</font>.78</font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">08</font></font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></font></div>
              </td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 76%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Excellence ETF's</font></div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
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                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">395,236.56</font></font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">72</font></font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></font></div>
              </td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 76%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Phoenix "nostro" accounts</font></div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
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              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
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              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></font></div>
              </td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 76%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Phoenix pension </font></div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">--</font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">--</font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 76%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Linked insurance policies of Phoenix</font></div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">--</font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">--</font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 76%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Partnership for Israeli shares (1)</font></div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
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              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5.53</font></font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></font></div>
              </td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 76%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Partnership for investing in <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">shares
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                      New Roman', Times, serif;">)</font></font></div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">212,750.66</font></font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(204, 238, 255);" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">0.<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">39</font></font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255);" nowrap="nowrap" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">%</font></font></div>
              </td>
            </tr>
            <tr>
              <td style="vertical-align: top; width: 76%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Partnership for international shares (1)</font></div>
              </td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">--</font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" valign="bottom">&#160;</td>
              <td colspan="1" style="vertical-align: bottom; text-align: right; width: 9%; background-color: rgb(255, 255, 255);" valign="bottom">
                <div style="line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">--</font></div>
              </td>
              <td colspan="1" style="text-align: left; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255);" nowrap="nowrap" valign="bottom">&#160;</td>
            </tr>

        </table>
      </div>
      <div style="clear: both;" id="DSPFPageHeader"> <br>
      </div>
      <div> </div>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt">
      <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 81pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(1)&#160;All&#160;ownership&#160;rights&#160;in this partnership belong to companies that are part of&#160;Phoenix Group. The
        amount of&#160;ownership&#160;rights held by such companies in the partnership&#160;changes&#160;frequently according to a mechanism provided&#160;in the partnership agreement.</div>
      <div style="TEXT-ALIGN: left; MARGIN-LEFT: 81pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>
    </div>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 42.55pt"> </td>
          <td style="WIDTH: 36pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(b)</div>
          </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Percent of class</font>:</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 78pt"> </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">See row 11 of cover page of each reporting person</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
      <div id="FTR"> </div>
      <div id="PN" style="WIDTH: 100%; PAGE-BREAK-AFTER: always">
        <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; WIDTH: 100%; TEXT-ALIGN: center">6</div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade="noshade" size="3"> </div>
      </div>
      <div id="HDR">
        <div>
          <table id="zc956b989d9e245f2947f97738fd11107" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

              <tr valign="top">
                <td style="WIDTH: 42.55pt"> </td>
                <td style="WIDTH: 36pt">
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(c)</div>
                </td>
                <td>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Number of shares as to which such person has</font>:</div>
                </td>
              </tr>

          </table>
        </div>
        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
        </div>
        <div>
          <table id="z679a6ce4fed646f6a8d195b56cff8c10" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

              <tr valign="top">
                <td style="WIDTH: 85.25pt"> </td>
                <td style="WIDTH: 36pt">
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(i)</div>
                </td>
                <td>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">Sole power to vote or to direct the vote:</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">&#160;</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">See row 5 of cover page of each reporting person</div>
                </td>
              </tr>

          </table>
        </div>
        <div>&#160;</div>
        <div>
          <table id="z7f02b11e77d54316b8dbd3ced3901ac3" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

              <tr valign="top">
                <td style="WIDTH: 85.25pt"> </td>
                <td style="WIDTH: 36pt">
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(ii)</div>
                </td>
                <td>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">Shared power to vote or to direct the vote:</div>
                  <div style="TEXT-ALIGN: left">&#160;</div>
                  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">See row 6 of cover page of each reporting person and note in Item 4(a) above</div>
                </td>
              </tr>

          </table>
        </div>
      </div>
    </div>
  </div>
  <div>&#160;</div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 85.25pt"> </td>
          <td style="WIDTH: 36pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(iii)</div>
          </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">Sole power to dispose or to direct the disposition of:</div>
            <div style="TEXT-ALIGN: left">&#160;</div>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">See row 7 of cover page of each reporting person</div>
          </td>
        </tr>

    </table>
  </div>
  <div>&#160;</div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 85.25pt"> </td>
          <td style="WIDTH: 36pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">(iv)</div>
          </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left">Shared power to dispose or to direct the disposition of:</div>
            <div style="TEXT-ALIGN: left">&#160;</div>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">See row 8 of cover page of each reporting person and note in Item 4(a) above</div>
          </td>
        </tr>

    </table>
  </div>
  <div>&#160;</div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 81pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Item 5</font>.</div>
          </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Ownership of Five Percent or Less of a Class</font>:</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div style="TEXT-ALIGN: left; MARGIN-LEFT: 81pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
    <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Not applicable.</div>
    <br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 81pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Item 6</font>.</div>
          </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Ownership of More than Five Percent on Behalf of Another</font>:</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 81pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Not applicable.</div>
  <div id="PGBRK" style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 81pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Item 7</font>.</div>
          </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the
                Parent Holding Company or Control Person</font>:</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div style="TEXT-ALIGN: left; MARGIN-LEFT: 81pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
    <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Not applicable.</div>
    <br>
  </div>
  <div>
    <table id="hangingindent" style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 100%" border="0" cellpadding="0" cellspacing="0" align="center">

        <tr valign="top">
          <td style="WIDTH: 81pt">
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Item 8</font>.</div>
          </td>
          <td>
            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Identification and Classification of Members of the Group</font>:</div>
          </td>
        </tr>

    </table>
  </div>
  <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
  </div>
  <div style="TEXT-ALIGN: left; MARGIN-LEFT: 81pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
    <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Not applicable.</div>
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            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Item 9</font>.</div>
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            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Notice of Dissolution of Group</font>:</div>
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      <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; WIDTH: 100%; TEXT-ALIGN: center">7</div>
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            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">Item 10.</div>
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            <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Certification</font>:</div>
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  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 36pt">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
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  <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 36pt">After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set
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      <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left; LINE-HEIGHT: 1.25">February 13, 2019</div>
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  <div>&#160;</div>
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          <td style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; WIDTH: 32%" valign="top">&#160; </td>
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    <div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">* Signature duly authorized by resolution of the Board of Directors, notice of which is attached as
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          <td style="width: 89%; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt; text-align: left;" align="left" valign="top"> Notice of resolution of the Board of Directors of Delek Group Ltd., dated as of February 7, 2018. </td>
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              <div><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Notice of resolution of the Board of Directors of the Phoenix <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Holdings</font>
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<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>exhibit_2.htm
<DESCRIPTION>EXHIBIT 2
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  <div style="TEXT-ALIGN: right; FONT: bold 10pt/1.25 'Times New Roman', Times, serif"><u>Exhibit 2</u></div>
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    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">Delek Group Ltd</div>
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    <div style="text-align: right; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7.2.2018</font></div>
    <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To whom it may concern</font></div>
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    <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Re: <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"><u>Delek Group Ltd,
            520044322 (hereinafter: "The Company")</u></font></font></div>
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    <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">I, the undersigned Meital Avital Ratzon, an Advocate and a member of the Legal Department of the Company, hereby certify
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      </font></div>
    <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">***, Mr. Gabi Last, Mrs. Leora Pratt Levin, *** and ***, are elected signatories of the Company, and any 2 (two<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">)</font> of these individuals on and above the Company&#8217;s seal or printed name bind the Company for any purpose.</font></div>
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    <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Name: Meital Avital Ratzon</font></div>
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    <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Position: Advocate</font></div>
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    </div>
    <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Date: 7.2.2018</font></div>
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    <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Signature: <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>/s/ Meital Avital</u></font></font></div>
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<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>exhibit_3.htm
<DESCRIPTION>EXHIBIT 3
<TEXT>
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      <div style="text-align: right; line-height: 1.25;"><u><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Exhibit 3</font></u></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">[Unofficial Translation]</font></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: right; margin-left: 391.3pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">January 30, 2018</font></div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: center; margin-right: 117pt; margin-left: 111.95pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New
            Roman', Times, serif;"><u>Powers of Signature in The Phoenix Holdings Ltd. (hereinafter: the "Company")</u></font></font></div>
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      <div style="text-align: left; margin-left: 42.5pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">In accordance with a resolution of the Board of Directors, the powers of signature in the Company as
          of January 30, 2018 are as follows:</font></div>
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      </div>
      <div style="text-align: left; margin-left: 42.85pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>General




              Rights of Signature</u></font></font></div>
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                <div style="line-height: 1.25">&#160;</div>
                <div style="text-align: left; margin-left: 41.75pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1.</font></div>
              </td>
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                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The signature of the Chairman of the Board of Directors and the General Manager of the Company together, or the
                    signature of one of them with the addition of a director from Group A, shall bind the Company in any matter for an unlimited amount.</font></div>
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                <div style="line-height: 1.25">&#160;</div>
                <div style="text-align: left; margin-left: 41.75pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">2.</font></div>
              </td>
              <td style="width: auto; vertical-align: top;">
                <div style="line-height: 1.25">&#160;</div>
                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The signatures of two directors from Group A (who are not a director and his subordinate, and excluding directors
                    who are the subordinates of the General Manager of the Company) shall bind the Company in any matter up to a sum of NIS 400,000,000.</font></div>
              </td>
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                <div style="line-height: 1.25">&#160;</div>
                <div style="text-align: left; margin-left: 41.75pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3.</font></div>
              </td>
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                <div style="line-height: 1.25">&#160;</div>
                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">***</font></div>
              </td>
            </tr>

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        <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 6.5pt; width: 100%;" class="DSPFListTable" cellpadding="0" cellspacing="0">

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              <td style="width: 78.1pt; vertical-align: top; align: right;">
                <div style="line-height: 1.25">&#160;</div>
                <div style="text-align: left; margin-left: 41.75pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.</font></div>
              </td>
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                <div style="line-height: 1.25">&#160;</div>
                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">***</font></div>
              </td>
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      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: left; margin-left: 42.55pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>Delegation




              and Revocation of Powers</u></font></font></div>
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                <div style="line-height: 1.25">&#160;</div>
                <div style="text-align: left; margin-left: 41.75pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5.</font></div>
              </td>
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                <div style="line-height: 1.25">&#160;</div>
                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">***</font></div>
              </td>
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                <div style="line-height: 1.25">&#160;</div>
                <div style="text-align: left; margin-left: 41.75pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6.</font></div>
              </td>
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                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">***</font></div>
              </td>
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                <div style="line-height: 1.25">&#160;</div>
                <div style="text-align: left; margin-left: 41.75pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7.</font></div>
              </td>
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                <div style="line-height: 1.25">&#160;</div>
                <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">***</font></div>
              </td>
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            <td style="width: 50.03%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); text-align: center;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">Group
                A</font> </td>
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              <div style="text-align: center; line-height: 1.25;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif; font-weight: bold;">Group B</font></div>
            </td>
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            <td style="width: 50.03%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">***</font></div>
            </td>
            <td style="width: 49.97%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
              <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">***</font></div>
            </td>
          </tr>
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            <td style="width: 50.03%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">***</font></div>
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              <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">***</font></div>
            </td>
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              <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">***</font></div>
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              <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">***</font></div>
            </td>
            <td style="width: 49.97%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">&#160;</td>
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              <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Eli Schwartz - Chief Financial Officer</font></div>
            </td>
            <td style="width: 49.97%; vertical-align: top; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">&#160;</td>
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              <div style="text-align: left; line-height: 1.25;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;,Times,serif;">Menachem Neeman </font>-
                  Chief Legal counsel and Corporate Secretary</font></div>
            </td>
            <td style="width: 49.97%; vertical-align: top; border-width: 1px; border-style: solid; border-color: rgb(0, 0, 0);">&#160;</td>
          </tr>

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      <div style="text-align: left; margin-right: 2.15pt; line-height: 1.25;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">I hereby certify that the aforesaid resolutions of the Board of Directors were duly adopted and are
          binding on the Company for all intents and purposes.</font></div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
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                <div>&#160;</div>
              </td>
              <td style="width: 50.00%;">
                <div><u>/s/ Mor Albojm Goldberg</u>
                  <div style="text-align: left; font-family: &quot;Times New Roman&quot;,Times,serif; font-size: 10pt;">Mor Albojm Goldberg, Advocate </div>
                </div>
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