AI assistant
B Communication — Major Shareholding Notification 2025
Oct 15, 2025
6676_rns_2025-10-15_d272edc7-6437-4552-a57c-d9601033fd08.pdf
Major Shareholding Notification
Open in viewerOpens in your device viewer
B COMMUNICATIONS LTD
B COMMUNICATIONS LTD
Registration Number: 512832742
To: Israel Securities Authority To: Tel Aviv Stock Exchange Ltd. Form Number: T077 (Public)
Sent via MAGNA: 15/10/2025 Reference: 2025-01-075332
Immediate Report on the Holdings of Interested Parties and Senior Officers
| Regulation 33 (c)-(d) of the Securities Regulations (Periodic and Immediate Reports), 1970 |
|---|
| Reference numbers of previous reports on the subject: , , |
| Below is the status as of 30/09/2025: |
A. Interested Parties in the Corporation (including CEO and directors, and any other employee holding five percent or more of the issued share capital of the corporation or voting power therein):
| Holder Number |
Holder Name | Name, Type, and Series of Security |
Updated Quantity of Securities |
Holding Percentage |
% Equity |
% Voting |
Holding Percentage (Full Dilution) |
% Equity |
% Voting |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Searchlight II BZQ L.P |
B COMMUNICATIONS LTD |
69,994,038 | 67.13 | 67.13 | 67.13 | 63.85 | 63.85 | |
| 2 | T.N.R. INVESTMENTS LTD. |
B COMMUNICATIONS LTD |
13,248,905 | 12.71 | 12.71 | 12.71 | 12.09 | 12.09 | |
| 3 | Tomer Raved | B COMMUNICATIONS LTD 01/21 |
5,244,862 | 0 | 0 | 0 | 4.78 | 4.78 | |
| 4 | B COMMUNICATIONS LTD |
B COMMUNICATIONS LTD Red |
12,298,530 | 0 | 0 | 0 | 0 | 0 |
Total Holding Percentage
| Total Holding Percentage |
% Equity |
% Voting |
Total Holding Percentage (Full Dilution) |
% Equity |
% Voting |
|---|---|---|---|---|---|
| 79.84 | 79.84 | 80.72 | 80.72 |
B. Senior Officers in the Corporation (excluding CEO and directors, and any other employee holding five percent or more of the issued share capital of the corporation or voting power therein):
- Do not hold securities of the corporation.
- Below is the status of holdings of senior officers in the corporation:
| Holder Number |
Holder Name |
Name, Type, and Series of Security |
Updated Quantity of Securities |
Holding Percentage |
% Equity |
% Voting |
Holding Percentage (Full Dilution) |
% Equity |
% Voting |
|---|---|---|---|---|---|---|---|---|---|
| 5 | Itzhak Tadmor |
B COMMUNICATIONS LTD 01/21 |
100,000 | 0 | 0 | 0 | 0.09 | 0.09 |
Total Holding Percentage
| Total Holding Percentage |
% Equity |
% Voting |
Total Holding Percentage (Full Dilution) |
% Equity |
% Voting |
|
|---|---|---|---|---|---|---|
| 0 | 0 | 0.09 | 0.09 |
Explanations:
-
- It is also required to report holdings of other securities, including those not listed for trading.
-
- If the interested party holds more than one type of security in the corporation, the holding percentage (including full dilution) should be stated considering all securities held by him in a single row.
-
- This form should detail the holdings of all interested parties, including those whose holdings have not changed.
-
- If the interested party is a held company with significant activity for the corporation, the holdings should be split between shares acquired before the Companies Law, 1999 came into effect (granting rights in equity and voting) and shares acquired after, which are dormant shares.
-
- If the interested party is a corporation, also state the first name(s) of the ultimate controlling shareholder(s). If there is no controlling shareholder, provide details of the interested parties in it.
-
- If a senior officer holds five percent or more of the issued share capital or voting power, his holdings should be detailed in the 'Interested Parties' table as detailed in section A above.
-
- If the interested party or senior officer also holds securities in a held company whose activities are significant to the corporation, details of these holdings should be provided in the 'Remarks' field in the holder's details.
Holder Details
1. Searchlight II BZQ L.P
- Holder name in English as in passport: Searchlight II BZQ L.P
- Holder number: 1
- Type of holder: Interested party not meeting any other definitions
- The hedge fund has the right to appoint a director or representative to the company's board: _________
- Type of identification number: Registrar number in country of incorporation abroad
- Identification number: OG-102325
- Controlling shareholder: The ultimate general partner of Searchlight II BZQ L.P is Searchlight Capital Partners II GP, LLC, a limited liability company incorporated in Delaware, held by several individuals including Eric Zinterhofer, Erol Uzumeri, and Oliver Harmaann.
- Citizenship / Country of incorporation or registration: Incorporated abroad
- Country of citizenship / incorporation or registration: Cayman Islands
- Is the holder a representative for reporting purposes of several shareholders holding together with him securities of the corporation: No
- Is the holder allowed to report changes in holdings cumulatively: No
- Are the held shares dormant: No
- Security number on the stock exchange: 1107663
- Balance in previous summary report (quantity of securities): 69,994,038
- Change in quantity of securities: 0
- Maximum holding rate during the report period: _________
- Minimum holding rate during the report period: _________
| Remarks: | |
|---|---|
| ---------- | -- |
2. T.N.R. INVESTMENTS LTD.
Holder name in English as in passport: T.N.R. INVESTMENTS LTD. Holder number: 2 Type of holder: Interested party not meeting any other definitions The hedge fund has the right to appoint a director or representative to the company's board: _________ Type of identification number: Company Registrar number in Israel Identification number: 511893539 Controlling shareholder: T.N.R. INVESTMENTS LTD. is fully owned and controlled by Mr. David Forer (50%) and Ms. Michal Forer (50%). Citizenship / Country of incorporation or registration: Incorporated in Israel Country of citizenship / incorporation or registration: _________ Is the holder a representative for reporting purposes of several shareholders holding together with him securities of the corporation: No Is the holder allowed to report changes in holdings cumulatively: No Are the held shares dormant: No Security number on the stock exchange: 1107663 This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer.
- Balance in previous summary report (quantity of securities): 13,248,905
- Change in quantity of securities: 0
- Maximum holding rate during the report period: _________
- Minimum holding rate during the report period: _________
- Remarks: _________
3. Tomer Raved
| This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer. |
|---|
| Holder name in English as in passport: Tomer Raved |
| Holder number: 3 |
|---|
| Type of holder: Director/CEO |
| The hedge fund has the right to appoint a director or representative to the company's board: |
| identification Type of number: ID number |
| Identification number: 036864288 |
| Controlling shareholder: |
| Citizenship / Country of incorporation or registration: Private individual with Israeli citizenship |
| Country of citizenship / incorporation or registration: |
| Is the holder a representative for reporting purposes of several shareholders holding together with him securities of the corporation: No |
| Is the holder allowed to report changes in holdings cumulatively: No |
| Are the held shares dormant: No |
- Security number on the stock exchange: 1185636
- Balance in previous summary report (quantity of securities): 5,244,862
- Change in quantity of securities: 0
- Maximum holding rate during the report period: _________
- Minimum holding rate during the report period: _________
- Remarks: Of the total options held by Mr. Raved, a total of 2,677,362 unregistered options were allocated as part of the previous allocation ("the previous allocation"). It is clarified that Mr. Raved signed an irrevocable commitment not to exercise the options allocated to him as part of the previous allocation.
4. B COMMUNICATIONS LTD
| This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal disclaimer. |
|---|
| Holder name in English as in passport: B COMMUNICATIONS LTD |
| Holder number: 4 |
| Type of holder: The reporting corporation |
| The hedge fund has the right to appoint a director or representative to the company's board: |
| identification Type of number: Company Registrar number in Israel |
- Identification number: 512832742
- Controlling shareholder: The controlling shareholders of the company are Searchlight II BZQ L.P, a limited partnership incorporated in the Cayman Islands ("Searchlight"), and T.N.R. INVESTMENTS LTD. ("T.N.R."), a private company incorporated in Israel. For further details regarding Searchlight and T.N.R., see above.
- Citizenship / Country of incorporation or registration: Incorporated in Israel
- Country of citizenship / incorporation or registration: _________
- Is the holder a representative for reporting purposes of several shareholders holding together with him securities of the corporation: No
- Is the holder allowed to report changes in holdings cumulatively: No
- Are the held shares dormant: Yes
- Security number on the stock exchange: 1114495
- Balance in previous summary report (quantity of securities): 12,173,530
- Change in quantity of securities: 125,000
- Maximum holding rate during the report period: _________
- Minimum holding rate during the report period: _________
| Remarks: | |
|---|---|
5. Itzhak Tadmor
| This is an unofficial AI generated translation of the official Hebrew version and has no binding force. The only binding version is the official Hebrew version. For more information, please review the legal |
|
|---|---|
| disclaimer. | |
| Holder name in English as in passport: Tadmor Itzhak |
|
| Holder number: 5 officer Type of holder: Senior who is not a CEO or director and is not an interested party by virtue of holdings |
|
| The hedge fund has the right to appoint a director or representative to the company's board: |
|
| identification Type of number: ID number |
|
| Identification number: 040953804 |
|
| Controlling shareholder: |
|
| Citizenship / Country of incorporation or registration: Private individual with Israeli citizenship |
|
| Country of citizenship / incorporation or registration: |
|
| Is the holder a representative for reporting purposes of several shareholders holding together with him securities of the corporation: No |
|
| Is the holder allowed to report changes in holdings cumulatively: No |
|
| Are the held shares dormant: No |
|
| Security number on the stock exchange: 1185636 |
|
| Balance in previous summary report (quantity of securities): 100,000 |
|
| Change in quantity of securities: 0 |
|
| Maximum holding rate during the report period: |
|
| Minimum holding rate during the report period: |
|
| Remarks: |
|
| C. As of the date of submission of this report and according to the law, is there a controlling shareholder in the corporation: |
|
| Yes | |
| No | |
| Other: |
|
The controlling shareholder(s) in the corporation are:
| No. | Controlling Shareholder |
ID Type |
ID Number |
Control transferred during the period? |
Details |
|---|---|---|---|---|---|
| 1 | Searchlight II BZQ L.P |
Registrar number in country of incorporation abroad |
OG-102325 | No | |
| 2 | T.N.R. INVESTMENTS LTD. |
Company Registrar number in Israel |
511893539 | No |
Total holding percentage (%) in the corporation's equity by all controlling shareholders: 79.84
Authorized signatories on behalf of the corporation:
| No. | Signatory Name |
Position |
|---|---|---|
| 1 | Tomer Raved |
CEO |
Explanation: According to Regulation 5 of the Securities Regulations (Periodic and Immediate Reports) (1970), a report submitted under these regulations must be signed by those authorized to sign on behalf of the corporation. Staff position on the matter can be found on the Authority's website: Click here.
Securities of the corporation are listed for trading on the Tel Aviv Stock Exchange
Short name: B COMMUNICATIONS LTD
Address: Menachem Begin 144, Tel Aviv 6492102 Phone: 03-6796101, Fax: 03-6796111
Email: [email protected] Company website: www.bcommunications.co.il
Previous names of the reporting entity: 012 Smile.Communications Ltd.
Electronic signatory name: Tomer Raved Position: CEO
Address: Menachem Begin 144, Tel Aviv 649210 Phone: 03-6796101, Fax: 03-6796111 Email:
No images were present in the original document.