Regulatory Filings • Feb 5, 2019
Regulatory Filings
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For the month of February 2019
2 Dov Friedman Street, Ramat Gan 5250301, Israel (Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)
(7): ☐
__________
(1): ☐
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-
Internet Gold-Golden Lines Ltd.
The following exhibit is attached:
99.1 Update regarding the Control Permit Threshold
1
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.
INTERNET GOLD-GOLDEN LINES LTD. (Registrant)
By: /s/ Doron Turgeman Doron Turgeman Chief Executive Officer
Date: February 4, 2019
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99.1 Update regarding the Control Permit Threshold
Ramat Gan, Israel – February 4, 2019 – Internet Gold – Golden Lines Ltd. (the "Company") (NASDAQ Global Select Market and TASE: IGLD).
The Company reports that pursuant to its request, it received approval from the Israeli Ministry of Communications to change the definition of an "Israeli Party," as defined in the Ministry's Telecommunications Order (Telecommunications and Broadcasts) (Determination of Essential Service Provided by Bezeq The Israel Telecommunication Corp. Ltd.), 1997 (the "Communications Order.")
The Ministry (or the Minister of Communications and Minister of Defense) has previously determined that the Company and its subsidiary, B Communications Ltd. ("B Communications") are deemed to be "Israeli Parties," so long as the Company and B Communications are controlled by a citizen and resident of Israel and that the ownership interest of the controlling shareholders in our Company and B Communications does not fall below 50% at any time.
The new definition requires that the holdings of the controlling shareholders of the Company do not fall below 35% of the Company's equity. At this time, the holdings of the Company in B Communications still must not fall below 50% as before (although there is a pending request by B Communications for a similar reduction to a 35% level).
The Ministry's approval is subject to the Company amending its Articles of Association within 75 days to the effect that a "Joint Appointment" as defined in the Communications Order will be prohibited (unless preapproved by the Ministry.)
This report contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the industry, changes in the regulatory and legal compliance environments, the failure to manage growth and other risks detailed from time to time in Internet Gold's filings with the Securities Exchange Commission. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement.
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