<SEC-DOCUMENT>0001178913-22-000540.txt : 20220210
<SEC-HEADER>0001178913-22-000540.hdr.sgml : 20220210
<ACCEPTANCE-DATETIME>20220210111206
ACCESSION NUMBER:		0001178913-22-000540
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20220210
DATE AS OF CHANGE:		20220210

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MAGIC SOFTWARE ENTERPRISES LTD
		CENTRAL INDEX KEY:			0000876779
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				330477418
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-41906
		FILM NUMBER:		22612084

	BUSINESS ADDRESS:	
		STREET 1:		5 HAPLADA STREET
		CITY:			OR YEHUDA ISRAEL
		STATE:			L3
		ZIP:			60218
		BUSINESS PHONE:		97235389322

	MAIL ADDRESS:	
		STREET 1:		5 HAPLADA STREET
		CITY:			OR YEHUDA ISRAEL
		STATE:			L3
		ZIP:			60218

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Clal Insurance Enterprises Holdings Ltd
		CENTRAL INDEX KEY:			0001376192
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		36 RAUL WALENBERG ST
		CITY:			TEL-AVIV
		STATE:			L3
		ZIP:			6136902
		BUSINESS PHONE:		972-3-638-7575

	MAIL ADDRESS:	
		STREET 1:		36 RAUL WALENBERG ST
		CITY:			TEL-AVIV
		STATE:			L3
		ZIP:			6136902
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>zk2227265.htm
<DESCRIPTION>SC 13G/A
<TEXT>
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            <div style="TEXT-ALIGN: right; LINE-HEIGHT: 1.25">&#160;</div>
            <div style="TEXT-ALIGN: center; FONT: bold 14pt/1.25 'Times New Roman', Times, serif">SECURITIES AND EXCHANGE COMMISSION</div>
          </td>
        </tr>
        <tr>
          <td></td>
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          <td style="VERTICAL-ALIGN: top; WIDTH: 100%">
            <div style="font-weight: bold; text-align: center; line-height: 1.25;">Washington, D.C. 20549</div>
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    <div style="TEXT-ALIGN: center; FONT: bold 14pt/1.25 'Times New Roman', Times, serif">SCHEDULE 13G/A</div>
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    <div style="font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center; line-height: 1.25;">Under the Securities Exchange Act of 1934<br>
      (Amendment No. 4)</div>
    <div style="font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center; line-height: 1.25;">(Rule 13d-102)</div>
    <div style="LINE-HEIGHT: 1.25">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; text-align: center; line-height: 1.25;">INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c) AND (d) </div>
    <div style="font-family: 'Times New Roman', Times, serif; text-align: center; line-height: 1.25;">AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)</div>
    <div style="LINE-HEIGHT: 1.25"><br style="LINE-HEIGHT: 1.25">
    </div>
    <div style="font-family: 'Times New Roman', Times, serif; font-weight: bold; text-align: center; line-height: 1.25;">Under the Securities Exchange Act of 1934</div>
    <div style="LINE-HEIGHT: 1.25">&#160;</div>
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        <tr>
          <td style="font-size: 16pt; font-variant: normal; vertical-align: bottom; border-bottom: #000000 2px solid; font-weight: bold; font-style: normal; text-align: center; width: 100%;" colspan="3">
            <div style="font: bold 16pt/1.25 'Times New Roman', Times, serif;">MAGIC SOFTWARE ENTERPRISES LTD.</div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: top; WIDTH: 100%" colspan="3">
            <div style="text-align: center; line-height: 1.25;">(Name of Issuer)</div>
            <div style="text-align: center; line-height: 1.25;">&#160;</div>
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        <tr>
          <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 100%" colspan="3">
            <div style="font-weight: bold; text-align: center; line-height: 1.25;">Ordinary Shares, NIS 0.10 par value</div>
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        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: top; WIDTH: 100%" colspan="3">
            <div style="text-align: center; line-height: 1.25;">(Title of Class of Securities)</div>
            <div style="text-align: center; line-height: 1.25;">&#160;</div>
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        <tr>
          <td style="VERTICAL-ALIGN: bottom; WIDTH: 33.33%">&#160;</td>
          <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid; WIDTH: 33.33%">
            <div style="font-weight: bold; text-align: center; line-height: 1.25;">559166103</div>
          </td>
          <td style="VERTICAL-ALIGN: bottom; WIDTH: 33.33%">&#160;</td>
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        <tr>
          <td style="VERTICAL-ALIGN: top; WIDTH: 100%" colspan="3">
            <div style="text-align: center; line-height: 1.25;">(CUSIP Number)</div>
            <div style="text-align: center; line-height: 1.25;">&#160;</div>
          </td>
        </tr>
        <tr>
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            <div style="font-weight: bold; text-align: center; line-height: 1.25;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">December 31, 2021</div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="VERTICAL-ALIGN: top; WIDTH: 100%" colspan="3">
            <div style="text-align: center; line-height: 1.25;">(Date of Event Which Requires Filing of this Statement)</div>
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    <div style="font-family: 'Times New Roman', Times, serif; text-align: justify; margin-left: 36pt; line-height: 1.25; text-indent: -36pt;">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; text-align: justify; margin-left: 36pt; line-height: 1.25; text-indent: -36pt;">Check the appropriate box to designate the rule pursuant to which this Schedule is filed:</div>
    <div style="LINE-HEIGHT: 1.25">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; margin-left: 36pt; line-height: 1.25;">&#9744;&#160;Rule 13d-1(b)</div>
    <div style="LINE-HEIGHT: 1.25">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; margin-left: 36pt; line-height: 1.25;">&#9746;&#160;Rule 13d-1(c)</div>
    <div style="LINE-HEIGHT: 1.25">&#160;</div>
    <div style="font-family: 'Times New Roman', Times, serif; margin-left: 36pt; line-height: 1.25;">&#9744;&#160;Rule 13d-1(d)</div>
    <div style="LINE-HEIGHT: 1.25">&#160;</div>
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              <div style="text-align: justify; line-height: 1.25;">*</div>
            </td>
            <td style="VERTICAL-ALIGN: top; WIDTH: auto; align: left">
              <div style="text-align: justify; line-height: 1.25;">The remainder of this cover page shall be filled out for a reporting person&#8217;s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment
                containing information which would alter the disclosures provided in a prior cover page.</div>
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    <div style="font-family: 'Times New Roman', Times, serif; text-align: justify; margin-left: 9pt; line-height: 1.25;">The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the
      Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).</div>
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    &#160;
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      <div style="font-family: 'Times New Roman', Times, serif; font-weight: bold; line-height: 1.25;">CUSIP NO.&#160;559166103</div>
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    <div style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">&#160;</div>
    <div style="display: block; text-indent: 0pt;">
      <table id="z8140c24458a64ab5ad24013006b5a86a" 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; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid; WIDTH: 7%" valign="top">1.</td>
            <td style="BORDER-TOP: black 2px solid; BORDER-RIGHT: black 2px solid; BORDER-BOTTOM: black 2px solid; WIDTH: 7%" colspan="3">
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Name of Reporting Persons/</div>
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">I.R.S. Identification Nos. of above persons (entities only).</div>
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Clal Insurance Enterprises 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; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid; WIDTH: 7%" valign="top">2.</td>
            <td style="BORDER-RIGHT: black 2px solid; BORDER-BOTTOM: black 2px solid; WIDTH: 7%" colspan="3">
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Check the Appropriate Box if a Member of a Group</div>
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                <div style="font-weight: normal; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">(a) &#9744;</div>
                <div style="font-weight: normal; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">(b) &#9744;</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; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid; WIDTH: 7%" valign="top">3.</td>
            <td style="BORDER-RIGHT: black 2px solid; BORDER-BOTTOM: black 2px solid; WIDTH: 7%" colspan="3" bgcolor="#cceeff">
              <div style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; FONT-WEIGHT: normal">SEC Use Only</div>
              <div style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; FONT-WEIGHT: normal"><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; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid; WIDTH: 7%" valign="top">4.</td>
            <td style="BORDER-RIGHT: black 2px solid; BORDER-BOTTOM: black 2px solid; WIDTH: 7%" colspan="3">
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Place of Organization</div>
              <div style="FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Israel</div>
            </td>
          </tr>
          <tr valign="top">
            <td style="BORDER-BOTTOM: black 2px solid; BORDER-LEFT: black 2px solid; WIDTH: 7%" rowspan="4" colspan="2" valign="middle"><font style="font-weight: normal;">Number of </font>
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Shares </div>
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Beneficially </div>
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Owned by </div>
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Each </div>
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Reporting </div>
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Person With:</div>
            </td>
            <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid; WIDTH: 7%" valign="top">5.</td>
            <td style="BORDER-RIGHT: black 2px solid; BORDER-BOTTOM: black 2px solid; WIDTH: 79%">
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Sole Voting Power</div>
              <div style="FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">0</div>
            </td>
          </tr>
          <tr valign="top">
            <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid; WIDTH: 7%" valign="top">6.</td>
            <td style="BORDER-RIGHT: black 2px solid; BORDER-BOTTOM: black 2px solid; WIDTH: 79%">
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Shared Voting Power</div>
              <div style="FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">
                <div style="font-family: 'Times New Roman', Times, serif; line-height: 1.25;">
                  <div style="line-height: 1.25;">
                    <div style="line-height: 1.25;">
                      <div style="line-height: 1.25;">
                        <div style="line-height: 1.25;">
                          <div style="line-height: 1.25;">3,681,659 Ordinary Shares *</div>
                        </div>
                      </div>
                    </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; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid; WIDTH: 7%" valign="top">7.</td>
            <td style="BORDER-TOP: black 4px; BORDER-RIGHT: black 2px solid; BORDER-BOTTOM: black 2px solid; WIDTH: 79%">
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Sole Dispositive Power</div>
              <div style="FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>
              <div style="FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">0</div>
            </td>
          </tr>
          <tr valign="top">
            <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid; WIDTH: 7%" valign="top">8.</td>
            <td style="BORDER-TOP: medium none; BORDER-RIGHT: black 2px solid; BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left; WIDTH: 79%">
              <div style="font-weight: normal; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Shared Dispositive Power</div>
              <div style="font-weight: normal; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">&#160;</div>
              <div style="font-weight: normal; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">
                <div style="font-family: 'Times New Roman', Times, serif; line-height: 1.25;">
                  <div style="line-height: 1.25;">
                    <div style="line-height: 1.25;">
                      <div style="line-height: 1.25;">
                        <div style="line-height: 1.25;">
                          <div style="line-height: 1.25;">3,681,659 Ordinary Shares *</div>
                        </div>
                      </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; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid; WIDTH: 7%" valign="top">9.</td>
            <td style="BORDER-RIGHT: black 2px solid; BORDER-BOTTOM: black 2px solid; WIDTH: 7%" colspan="3">
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Aggregate Amount Beneficially Owned by Each Reporting Person</div>
              <div style="FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>
              <div style="font-family: 'Times New Roman', Times, serif; font-weight: normal; text-align: left; margin-left: 0pt; display: block; line-height: 1.25; margin-right: 0pt; text-indent: 0pt;">
                <div style="line-height: 1.25;">
                  <div style="line-height: 1.25;">
                    <div style="line-height: 1.25;">
                      <div style="line-height: 1.25;">
                        <div style="line-height: 1.25;">3,681,659 Ordinary Shares *</div>
                      </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; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid; WIDTH: 7%" valign="top">10.</td>
            <td style="BORDER-RIGHT: black 2px solid; BORDER-BOTTOM: black 2px solid; WIDTH: 7%" colspan="3">
              <div>
                <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: -5.4pt; text-indent: 0pt;">Check if the Aggregate Amount in Row (9) Excludes Certain Shares</div>
                <div style="FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: -5.4pt; TEXT-INDENT: 0pt">&#160;</div>
              </div>
              <div>&#9744; </div>
            </td>
          </tr>
          <tr valign="top">
            <td style="FONT-SIZE: 80%; FONT-FAMILY: times new roman, times, serif; BORDER-RIGHT: black 2px solid; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid; WIDTH: 7%" valign="top">11.</td>
            <td style="BORDER-RIGHT: black 2px solid; BORDER-BOTTOM: black 2px solid; WIDTH: 7%" colspan="3">
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Percent of Class Represented by Amount in Row (9)</div>
              <div style="FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">
                <div style="font-family: 'Times New Roman', Times, serif; line-height: 1.25;">
                  <div style="line-height: 1.25;">
                    <div style="line-height: 1.25;">
                      <div style="line-height: 1.25;">7.5%**</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; BORDER-BOTTOM: black 2px solid; FONT-WEIGHT: normal; TEXT-ALIGN: center; BORDER-LEFT: black 2px solid; WIDTH: 7%" valign="top">12.</td>
            <td style="BORDER-RIGHT: black 2px solid; BORDER-BOTTOM: black 2px solid; WIDTH: 7%" colspan="3">
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Type of Reporting Person :&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
              <div style="FONT-WEIGHT: normal; TEXT-ALIGN: left; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">&#160;</div>
              <div style="font-weight: normal; text-align: left; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">CO</div>
            </td>
          </tr>

      </table>
    </div>
    <div>&#160;</div>
    <div>
      <div id="DSPFPageHeader">
        <div id="DSPFPageHeader">
          <div style="font-family: 'Times New Roman', Times, serif; line-height: 1.25;">* See Item 4.</div>
          <div style="font-family: 'Times New Roman', Times, serif; line-height: 1.25;">
            <div id="DSPFPageHeader">
              <div style="line-height: 1.25;"><br style="line-height: 1.25;">
              </div>
            </div>
            <div style="text-align: justify; line-height: 1.25;">** Based on 49,073,055 Ordinary Shares
              issued and outstanding as of December 9, 2021 (as reported by the Issuer in Exhibit 99.1 to its Report on Form 6-K filed with the Securities and Exchange
              Commission on December 13, 2021).</div>
            <div style="line-height: 1.25;"><br style="line-height: 1.25;">
            </div>
          </div>
          <div style="font-family: 'Times New Roman', Times, serif; text-align: justify; line-height: 1.25;">
            <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
              <div id="DSPFPageBreak" style="page-break-after: always;">
                <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
            </div>
            <div style="line-height: 1.25;">
              <div style="text-align: left; line-height: 1.25; font-weight: bold;">Item 1.</div>
              <div style="text-align: left; line-height: 1.25; font-weight: bold;"> <br>
              </div>
              <div style="text-align: left; line-height: 1.25;">
                <div>
                  <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z0324f3c5ca4f4b82ae04d09e25843ba4" cellpadding="0" cellspacing="0">

                      <tr>
                        <td style="width: 21.3pt;"><br>
                        </td>
                        <td style="width: 21.25pt; vertical-align: top; align: right;">(a)</td>
                        <td style="width: auto; vertical-align: top; text-align: left;">
                          <div>Name of Issuer: MAGIC SOFTWARE ENTERPRISES LTD. (the &#8220;Issuer&#8221;).</div>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-align: left; line-height: 1.25;">
                <div>
                  <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zf1304b12d21844149e2fc88842d3851f" cellpadding="0" cellspacing="0">

                      <tr>
                        <td style="width: 21.3pt;"><br>
                        </td>
                        <td style="width: 21.25pt; vertical-align: top; align: right;">(b)</td>
                        <td style="width: auto; vertical-align: top; text-align: left;">
                          <div>Address of Issuer&#8217;s Principal Executive Offices:<br>
                            5 HaPlada Street, Or-Yehuda, Israel 60218</div>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-align: left; line-height: 1.25;"><font style="font-weight: bold;">Item 2.</font></div>
              <div style="text-align: left; text-indent: 35.45pt; line-height: 1.25;"><br>
                (a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Name of Person Filing:</div>
              <div style="text-align: left; text-indent: 35.45pt; line-height: 1.25;"></div>
              <div style="text-align: left; text-indent: 35.45pt; line-height: 1.25;"> <br>
              </div>
              <div style="margin: 0px 0px 0px 35.45pt; line-height: 1.25; text-align: left;">Clal Insurance Enterprises Holdings Ltd. (&#8220;Clal&#8221; or the &#8220;Reporting Person&#8221;). Clal, an Israeli public corporation, may be deemed to beneficially own the Ordinary
                Shares reported in this Statement.&#160; See Item 4.</div>
              <div style="text-align: left; text-indent: 35.45pt; line-height: 1.25;"> <br>
              </div>
              <div style="text-align: left; line-height: 1.25;">
                <div>
                  <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z737161e61c7d4652bcd980ad3d88cc84" cellpadding="0" cellspacing="0">

                      <tr>
                        <td style="width: 36pt; vertical-align: top;">(b)</td>
                        <td style="width: auto; vertical-align: top; text-align: left;">
                          <div>Address of Principal Business Offices or, if none, Residence:<br>
                          </div>
                        </td>
                      </tr>

                  </table>
                </div>
                <br style="line-height: 1.25;">
              </div>
              <div style="text-align: left; line-height: 1.25; margin-left: 36pt;">Clal Insurance Enterprises Holdings Ltd.&#160; &#8211; 36 Raul Walenberg St., Tel Aviv 66180, Israel</div>
              <div style="line-height: 1.25;"><br style="line-height: 1.25;">
              </div>
              <div style="text-align: left; line-height: 1.25;">
                <div>
                  <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="ze50d9526f8cc4cfea7921d3082009454" cellpadding="0" cellspacing="0">

                      <tr>
                        <td style="width: 35.45pt; vertical-align: top; align: right;">(c)</td>
                        <td style="width: auto; vertical-align: top; text-align: left;">
                          <div>Place of Organization:</div>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-align: left; text-indent: -36pt; margin-left: 72pt; line-height: 1.25;">Israel.</div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-align: left; line-height: 1.25;">
                <div>
                  <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z5821af30c7ca469e89f5260788b2400d" cellpadding="0" cellspacing="0">

                      <tr>
                        <td style="width: 35.45pt; vertical-align: top; align: right;">(d)</td>
                        <td style="width: auto; vertical-align: top; text-align: left;">
                          <div>Title of Class of Securities:</div>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-align: left; text-indent: -36.55pt; margin-left: 72pt; line-height: 1.25;">Ordinary Shares, NIS 0.10 par value (the &#8220;Ordinary Shares&#8221;).</div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-align: left; line-height: 1.25;">
                <div>
                  <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z0986ea11ccdd4242b7d74e62c7a50890" cellpadding="0" cellspacing="0">

                      <tr>
                        <td style="width: 35.45pt; vertical-align: top; align: right;">(e)</td>
                        <td style="width: auto; vertical-align: top; text-align: left;">
                          <div>CUSIP Number:</div>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-align: left; text-indent: -36.55pt; margin-left: 72pt; line-height: 1.25;">559166103</div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-align: left; line-height: 1.25;">
                <div>
                  <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zb9f8274e128445d5be9cae37203c1120" cellpadding="0" cellspacing="0">

                      <tr>
                        <td style="width: 36pt; vertical-align: top;"><font style="font-weight: bold;">Item 3.</font></td>
                        <td style="width: auto; vertical-align: top; text-align: left;">
                          <div><font style="font-weight: bold;">If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:</font></div>
                          <div><font style="font-weight: bold;"></font><br>
                            Not applicable.</div>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-align: left; line-height: 1.25;">
                <div>
                  <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zc15dd7f1781c40928bcea4ea853aed8d" cellpadding="0" cellspacing="0">

                      <tr>
                        <td style="width: 36pt; vertical-align: top;"><font style="font-weight: bold;">Item 4.</font></td>
                        <td style="width: auto; vertical-align: top; text-align: left;">
                          <div><font style="font-weight: bold;">Ownership</font></div>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
              <div style="line-height: 1.25">&#160;
                <div style="text-indent: 36pt; line-height: 1.25;">All of the 3,681,659 Ordinary Shares reported in this Statement as beneficially owned by Clal are held for members of the public through, among others, provident funds
                  and/or pension funds and/or insurance policies, which are managed by subsidiaries of Clal, which subsidiaries operate under independent management and make independent voting and investment decisions. Consequently, this Statement shall
                  not be construed as an admission by Clal, that it is the beneficial owner of any of the Ordinary Shares covered by this Statement.</div>
              </div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-indent: 36pt; line-height: 1.25;">Except as set forth above, see items 5-11 of the cover page hereto for beneficial ownership, percentage of class and dispositive power of the Reporting Person, which are incorporated herein.</div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-align: left; line-height: 1.25;">
                <div>
                  <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z8cfb81f05c8a44cfa41324aa3b72ee20" cellpadding="0" cellspacing="0">

                      <tr>
                        <td style="width: 36pt; vertical-align: top;"><font style="font-weight: bold;">Item 5.</font></td>
                        <td style="width: auto; vertical-align: top; text-align: left;">
                          <div><font style="font-weight: bold;">Ownership of 5 Percent or Less of a Class</font></div>
                          <div><br>
                            If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following &#9744;.</div>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
              <div style="line-height: 1.25">&#160;<br>
              </div>
              <div style="text-align: left; line-height: 1.25;">
                <div>
                  <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z3d21e5aa56884f5fa49b5c3473da5304" cellpadding="0" cellspacing="0">

                      <tr>
                        <td style="width: 36pt; vertical-align: top;"><font style="font-weight: bold;">Item 6.</font></td>
                        <td style="width: auto; vertical-align: top; text-align: left;">
                          <div><font style="font-weight: bold;">Ownership of More than 5 Percent on Behalf of Another Person</font></div>
                          <div><font style="font-weight: bold;"></font><br>
                            Not applicable.</div>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-align: left; line-height: 1.25;">
                <div>
                  <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="z1a3f9b62e7894255be0a6354893c63b8" cellpadding="0" cellspacing="0">

                      <tr>
                        <td style="width: 36pt; vertical-align: top;"><font style="font-weight: bold;">Item 7.</font></td>
                        <td style="width: auto; vertical-align: top; text-align: left;">
                          <div><font style="font-weight: bold;">Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person</font></div>
                          <div><font style="font-weight: bold;"></font><br>
                            Not applicable.</div>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-align: left; line-height: 1.25;">
                <div>
                  <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" id="zaa7548175c214281a398c686dabe3e17" cellpadding="0" cellspacing="0">

                      <tr>
                        <td style="width: 36pt; vertical-align: top;"><font style="font-weight: bold;">Item 8.</font></td>
                        <td style="width: auto; vertical-align: top; text-align: left;">
                          <div><font style="font-weight: bold;">Identification and Classification of Members of the Group</font></div>
                          <div><font style="font-weight: bold;"></font><br>
                            Not applicable.</div>
                        </td>
                      </tr>

                  </table>
                </div>
              </div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-align: left; text-indent: -36pt; margin-left: 36pt; line-height: 1.25;"><font style="font-weight: bold;">Item 9.&#160; Notice of Dissolution of Group</font></div>
              <div style="text-align: left; text-indent: -36pt; margin-left: 36pt; line-height: 1.25;"><font style="font-weight: bold;"></font><br>
                Not applicable.</div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-align: left; text-indent: -36pt; margin-left: 36pt; line-height: 1.25;"><font style="font-weight: bold;">Item 10.&#160; Certifications</font></div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-align: left; margin-left: 36pt; line-height: 1.25;">By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the
                effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.</div>
              <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
                <div id="DSPFPageBreak" style="page-break-after: always;">
                  <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;" noshade="noshade"></div>
              </div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-align: center; text-indent: -36pt; margin-left: 36pt; line-height: 1.25;"><font style="font-weight: bold;">SIGNATURES</font></div>
              <div style="line-height: 1.25">&#160;</div>
              <div style="text-indent: 18pt; line-height: 1.25;">After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.</div>
              <div style="line-height: 1.25">&#160;</div>
              <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zb8021d73a0584efa90b04c4f1de89e4d" cellpadding="0" cellspacing="0">

                  <tr>
                    <td style="width: 100%; vertical-align: top;">
                      <div style="text-align: left; line-height: 1.25;">
                        <div style="line-height: 1.25;">
                          <div style="line-height: 1.25;">
                            <div style="line-height: 1.25;">February 10, 2022</div>
                          </div>
                        </div>
                      </div>
                    </td>
                  </tr>

              </table>
              <div style="line-height: 1.25;"><br style="line-height: 1.25;">
              </div>
              <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z55d7c31fbf3e4fbeaff70e2052ff8662" border="0" cellpadding="0" cellspacing="0">

                  <tr>
                    <td style="width: 50%; vertical-align: top;">&#160;</td>
                    <td colspan="2" style="vertical-align: top;">
                      <div style="text-align: left; line-height: 1.25;">CLAL INSURANCE ENTERPRISES HOLDINGS LTD.</div>
                    </td>
                    <td style="width: 17%; vertical-align: top;">&#160;</td>
                  </tr>
                  <tr>
                    <td style="width: 50%; vertical-align: top;">&#160;</td>
                    <td style="width: 3%; vertical-align: top;">&#160;</td>
                    <td style="width: 30%; vertical-align: top;">&#160;</td>
                    <td style="width: 17%; vertical-align: top;">&#160;</td>
                  </tr>
                  <tr>
                    <td style="width: 50%; vertical-align: top;">&#160;</td>
                    <td style="width: 3%; vertical-align: top;">
                      <div style="text-align: left; line-height: 1.25;">BY:</div>
                    </td>
                    <td style="width: 30%; vertical-align: top; border-bottom: 2px solid black;">
                      <div style="text-align: left; line-height: 1.25;">/s/ Eran Czerninski&#160; &#160; /s/ Yossi Dory</div>
                    </td>
                    <td style="width: 17%; vertical-align: top;">&#160;</td>
                  </tr>
                  <tr>
                    <td style="width: 50%; vertical-align: top;">&#160;</td>
                    <td style="width: 3%; vertical-align: top;">&#160;</td>
                    <td style="width: 30%; vertical-align: top;">
                      <div style="text-align: left; line-height: 1.25;">Eran Czerninski and Yossi Dory, authorized signatories of</div>
                    </td>
                    <td style="width: 17%; vertical-align: top;">&#160;</td>
                  </tr>
                  <tr>
                    <td style="width: 50%; vertical-align: top;">&#160;</td>
                    <td style="width: 3%; vertical-align: top;">&#160;</td>
                    <td style="width: 30%; vertical-align: top;">
                      <div style="text-align: left; line-height: 1.25;">CLAL INSURANCE ENTERPRISES HOLDINGS LTD.</div>
                    </td>
                    <td style="width: 17%; vertical-align: top;">&#160;</td>
                  </tr>

              </table>
              <div style="line-height: 1.25;"><br style="line-height: 1.25;">
              </div>
            </div>
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