<SEC-DOCUMENT>0001178913-21-002256.txt : 20210712
<SEC-HEADER>0001178913-21-002256.hdr.sgml : 20210712
<ACCEPTANCE-DATETIME>20210712060107
ACCESSION NUMBER:		0001178913-21-002256
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210712
FILED AS OF DATE:		20210712
DATE AS OF CHANGE:		20210712

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ICL Group Ltd.
		CENTRAL INDEX KEY:			0000941221
		STANDARD INDUSTRIAL CLASSIFICATION:	AGRICULTURE CHEMICALS [2870]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13742
		FILM NUMBER:		211084164

	BUSINESS ADDRESS:	
		STREET 1:		MILLENNIUM TOWER
		STREET 2:		23 ARANHA STREET, P.O. BOX 20245
		CITY:			TEL AVIV
		STATE:			L3
		ZIP:			61202
		BUSINESS PHONE:		(972-3) 684-4400

	MAIL ADDRESS:	
		STREET 1:		MILLENNIUM TOWER
		STREET 2:		23 ARANHA STREET, P.O. BOX 20245
		CITY:			TEL AVIV
		STATE:			L3
		ZIP:			61202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ISRAEL CHEMICALS LTD
		DATE OF NAME CHANGE:	19950314
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>zk2126280.htm
<DESCRIPTION>6-K
<TEXT>
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        <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">UNITED STATES</div>
        <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">SECURITIES AND EXCHANGE COMMISSION</div>
        <div style="text-align: center; line-height: 1.25; font-weight: bold;">Washington, D.C. 20549</div>
        <div style="text-align: center; text-indent: -6.85pt; margin-left: 6.85pt; line-height: 1.25; font-weight: bold;">&#160;</div>
        <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">FORM 6-K</div>
        <div style="text-align: center; text-indent: -6.85pt; margin-left: 6.85pt; line-height: 1.25;">&#160;</div>
        <div style="text-align: center; text-indent: -6.85pt; margin-left: 6.85pt; line-height: 1.25; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER</div>
        <div style="text-align: center; text-indent: -6.85pt; margin-left: 6.85pt; line-height: 1.25; font-weight: bold;">THE SECURITIES EXCHANGE ACT OF 1934</div>
        <div style="text-align: center; text-indent: -6.85pt; margin-left: 6.85pt; line-height: 1.25;">&#160;</div>
        <div style="text-align: center; line-height: 1.25;">
          <div style="line-height: 1.25; color: #000000; font-family: 'Times New Roman', serif;">For the month of July 2021</div>
        </div>
        <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman', serif; font-size: 1pt;">&#160;</div>
        <div style="line-height: 1.25">&#160;</div>
        <div style="text-align: center; line-height: 1.25; font-weight: bold;">Commission File Number: 001-13742</div>
        <div style="text-align: center; line-height: 1.25;">&#160;</div>
        <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;">ICL GROUP LTD.</div>
        <div style="text-align: center; line-height: 1.25; font-weight: bold;">(Exact name of registrant as specified in its charter)</div>
        <div style="text-align: center; line-height: 1.25;">&#160;</div>
        <div style="text-align: center; line-height: 1.25; font-weight: bold;">ICL Group Ltd.</div>
        <div style="text-align: center; line-height: 1.25; font-weight: bold;">Millennium Tower</div>
        <div style="text-align: center; line-height: 1.25; font-weight: bold;">23 Aranha Street</div>
        <div style="text-align: center; line-height: 1.25; font-weight: bold;">P.O. Box 20245</div>
        <div style="text-align: center; line-height: 1.25; font-weight: bold;">Tel Aviv, 61202 Israel</div>
        <div style="text-align: center; line-height: 1.25; font-weight: bold;">(972-3) 684-4400</div>
        <div style="text-align: center; line-height: 1.25; font-weight: bold;">(Address of principal executive office)</div>
        <div style="text-align: center; line-height: 1.25;">&#160;</div>
        <div style="text-align: center; line-height: 1.25;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form&#160;20-F or Form 40-F:</div>
        <div style="text-align: center; line-height: 1.25;"> <br>
        </div>
        <div style="text-align: center; line-height: 1.25;"><font style="font-family: 'Times New Roman',Times,serif;">Form 20-F &#9746;<font style="width: 9pt; font-size: 1px; display: inline-block;" class="HorizontalTab"> </font></font><font style="font-family: 'Times New Roman',Times,serif;">Form 40-F &#9744;</font></div>
        <div style="text-align: center; line-height: 1.25;">&#160;</div>
        <div style="text-align: center; line-height: 1.25;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation&#160;S-T&#160;Rule&#160;101(b)(1):</div>
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          <div style="text-align: center; line-height: 1.25;"><font style="font-family: 'Times New Roman',Times,serif;">Yes &#9744;</font><font style="width: 9pt; font-size: 1px; display: inline-block;" class="HorizontalTab"> </font><font style="font-family: 'Times New Roman',Times,serif;">No &#9746;</font></div>
        </div>
        <div style="text-align: center; line-height: 1.25;">&#160;</div>
        <div style="text-align: center; line-height: 1.25;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation&#160;S-T&#160;Rule&#160;101(b)(7):</div>
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            <div style="line-height: 1.25;">
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        <div style="text-align: center; line-height: 1.25; font-weight: bold;">ICL GROUP LTD.</div>
        <div style="text-align: center; line-height: 1.25;">&#160;</div>
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              <td style="width: 3.46%; vertical-align: top;">
                <div style="line-height: 1.25;">1.</div>
              </td>
              <td style="width: 93.07%; vertical-align: top;">
                <div style="line-height: 1.25;">
                  <div style="line-height: 1.25; font-family: 'Times New Roman',serif;">ICL Receives Tribunal's Award in the Claim Against Ethiopia</div>
                </div>
              </td>
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      <div style="line-height: 1.25;">
        <div style="text-align: right; line-height: 1.25; font-weight: bold;">Item 1</div>
        <div style="line-height: 1.25;"><br style="line-height: 1.25;">
        </div>
        <font style="font-family: 'Times New Roman',serif;"><br>
        </font>
        <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',serif; font-size: 12pt; font-weight: bold; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-style: normal; font-variant: normal; text-transform: none;"><u>ICL Receives Tribunal's Award in the Claim Against Ethiopia</u></div>
        <div style="line-height: 1.25; font-family: 'Times New Roman',serif;">&#160;</div>
        <div style="line-height: 1.25; font-family: 'Times New Roman',serif;">The Company's announcements dated May 10, 2017, and Item 8 of the Company's annual report for the year ended December 31, 2020,
          provide disclosure regarding the arbitration proceedings between the Company's subsidiary ICL Europe Co&#246;peratief U.A. ("ICL Europe") and the Federal Democratic Republic of Ethiopia ("Ethiopia"), that were administrated by the Hague-based
          Permanent Court of Arbitration. ICL Europe commenced this arbitration to assert claims against Ethiopia under the Netherlands-Ethiopia Bilateral Investment Treaty (&#8220;BIT&#8221;) seeking compensation for losses to its investment in its Ethiopian potash
          project due to mistreatment by the Ethiopian Government. In particular, ICL Europe claimed that the Ethiopian tax authority imposed a discriminatory, arbitrary and baseless tax on ICL Europe&#8217;s Ethiopian project company, Allana Potash Afar Plc
          (&#8220;Allana Afar&#8221;).</div>
        <div style="line-height: 1.25; font-family: 'Times New Roman',serif;">&#160;</div>
        <div style="line-height: 1.25; font-family: 'Times New Roman',serif;">Further to the above, the Company hereby announces that on July 9, 2021, the arbitration tribunal rendered its Award. Despite
          indications that Ethiopia&#8217;s tax assessment was flawed, the tribunal interpreted the BIT as significantly limiting the BIT&#8217;s protections in relation to disputes regarding taxation. Among other things, this had the significant effect of precluding
          ICL Europe's claims that Ethiopia violated the requirement to accord fair and equitable treatment to ICL Europe's investments in Ethiopia.&#160; Consequently, the Tribunal rejected ICL Europe's claims and ordered ICL Europe to pay an amount of
          approximately $2.5 million as reimbursement of arbitration costs in accordance with the applicable arbitration rules.</div>
        <div style="line-height: 1.25; font-family: 'Times New Roman',serif;">&#160;</div>
        <div style="line-height: 1.25; font-family: 'Times New Roman',serif;">As of Q4 2017, Allana Afar is not included in ICL's consolidated financial statements. For additional information, see Note 13B. &#8211;
          Impairment Testing to ICL's financial statements for the year ended December 31, 2016 and Note 9D. &#8211; Investment in Subsidiaries and Investee Companies, to ICL's financial statements for the year ended December 31, 2017.</div>
        <div style="line-height: 1.25; font-family: 'Times New Roman',serif;">&#160;</div>
        <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman',serif;">The Company expects that the Award will not have a material impact on its Financial Statements.</div>
        <div style="line-height: 1.25">&#160;
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        <br>
        <div style="text-align: center; line-height: 1.25; font-weight: bold;">SIGNATURE</div>
        <div style="text-align: center; line-height: 1.25;">&#160;</div>
        <div style="text-indent: 18pt; line-height: 1.25;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</div>
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                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="vertical-align: top;" colspan="3">
                <div style="line-height: 1.25; font-weight: bold;">ICL Group Ltd.</div>
              </td>
            </tr>
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              <td style="width: 50%; vertical-align: top;">
                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="vertical-align: top;" colspan="3">
                <div style="line-height: 1.25;">&#160;</div>
              </td>
            </tr>
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                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 3%; vertical-align: top;">
                <div style="line-height: 1.25;">By:</div>
              </td>
              <td style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">
                <div style="line-height: 1.25;">/s/ Kobi Altman</div>
              </td>
            </tr>
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                <div style="line-height: 1.25;">&#160;</div>
              </td>
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                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 4%; vertical-align: top;">
                <div style="line-height: 1.25;">Name:</div>
              </td>
              <td style="width: 43%; vertical-align: top;">
                <div style="line-height: 1.25;">Kobi Altman</div>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top;">
                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 3%; vertical-align: top;">
                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 4%; vertical-align: top;">
                <div style="line-height: 1.25;">Title:</div>
              </td>
              <td style="width: 43%; vertical-align: top;">
                <div style="line-height: 1.25;">Chief Financial Officer</div>
              </td>
            </tr>

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        <div style="line-height: 1.25;">&#160;</div>
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                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="vertical-align: top;" colspan="3">
                <div style="line-height: 1.25; font-weight: bold;">ICL Group Ltd.</div>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top;">
                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="vertical-align: top;" colspan="3">
                <div style="line-height: 1.25;">&#160;</div>
              </td>
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              <td style="width: 50%; vertical-align: top;">
                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 3%; vertical-align: top;">
                <div style="line-height: 1.25;">By:</div>
              </td>
              <td style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">
                <div style="line-height: 1.25;">/s/ Aya Landman</div>
              </td>
            </tr>
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              <td style="width: 50%; vertical-align: top;">
                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 3%; vertical-align: top;">
                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 4%; vertical-align: top;">
                <div style="line-height: 1.25;">Name:</div>
              </td>
              <td style="width: 43%; vertical-align: top;">
                <div style="line-height: 1.25;">Aya Landman</div>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top;">
                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 3%; vertical-align: top;">
                <div style="line-height: 1.25;">&#160;</div>
              </td>
              <td style="width: 4%; vertical-align: top;">
                <div style="line-height: 1.25;">Title:</div>
              </td>
              <td style="width: 43%; vertical-align: top;">
                <div style="line-height: 1.25;">VP, Company Secretary &amp; Global Compliance</div>
              </td>
            </tr>

        </table>
        <div style="text-align: justify; line-height: 1.25;">&#160;</div>
        <div style="text-align: justify; line-height: 1.25;">Date: July 12, 2021
          <div style="line-height: 1.25">&#160;</div>
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