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Kenon Holdings Ltd.

Regulatory Filings Aug 13, 2017

6878_rns_2017-08-13_571f5023-6826-49dc-9b0a-72c6905a2b59.pdf

Regulatory Filings

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF A FOREIGN ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934

August 10, 2017

Commission File Number 001-36761

Kenon Holdings Ltd.

1 Temasek Avenue #36-01 Millenia Tower Singapore 039192 (Address of principal executive offices)

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 whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ☐ No ☒

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):

99.1 Press Release, dated August 10, 2017: OPC Energy Ltd., a Subsidiary of Kenon, Prices its Initial Public Offering

SIGNATURES

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.

KENON HOLDINGS LTD.

Date: August 10, 2017 By: /s/ Yoav Doppelt Name: Yoav Doppelt Title: Chief Executive Officer

OPC Energy Ltd., a Subsidiary of Kenon, Prices Initial Public Offering

Singapore, August 10, 2017. Kenon Holdings Ltd. (NYSE: KEN; TASE: KEN) ("Kenon") is announcing that its subsidiary OPC Energy Ltd.'s ("OPC") initial public offering of its ordinary shares has been priced at NIS12.5 (approximately \$3.471) per ordinary share. The shares will begin trading on August 14, 2017 on the Tel Aviv Stock Exchange under the ticker symbol "OPCE".

OPC currently has 100,000,021 shares outstanding, all of which are indirectly owned by IC Power Ltd. ("IC Power"), and 1,000,000 shares underlying management share options. OPC will issue 31,886,700 new ordinary shares in the initial public offering at a price of NIS12.5 per share (approximately \$3.47), for total consideration of NIS398.5 million (approximately \$111 million). Upon completion of the offering and assuming all shares underlying management share options are issued, IC Power will own approximately 75.3% of OPC's ordinary shares.

The shares of OPC referred to herein have not been and will not be registered under the US Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption for registration under that act.

Caution Concerning Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements about the initial public offering of OPC's ordinary shares, including the offering price and proceeds of the initial public offering and the date on which OPC's shares will begin trading on the Tel Aviv Stock Exchange. These statements are based on Kenon's management's current expectations or beliefs, and are subject to a number of risks and uncertainties, many of which are beyond Kenon's control, and which could cause actual results to differ materially from those indicated in such forward-looking statements. Such risks include the risk that the initial public offering does not settle on the pricing terms described herein or at all, and other risks and factors, including those risks set forth under the heading "Risk Factors" in Kenon's Annual Report on Form 20-F filed with the SEC and other filings. Except as required by law, Kenon undertakes no obligation to update these forward-looking statements, whether as a result of new information, future events, or otherwise.

1 Convenience translations of NIS to USD use an exchange rate of 3.60:1.

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