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Kamada Ltd. — Interim / Quarterly Report 2013
Mar 26, 2014
6874_rns_2014-03-26_82764567-7e55-4abd-8fe3-0c3d72173aec.pdf
Interim / Quarterly Report
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934
For the Month of March, 2014
Commission File Number 001-35948
Kamada Ltd.
(Translation of registrant’s name into English)
7 Sapir St. Kiryat Weizmann Science Park P.O Box 4081 Ness Ziona 74140 Israel
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover 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)(1): ____
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): ____
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): 82-____
This Form 6-K is being incorporated by reference into the Registrant’s Form S-8 Registration Statement File No. 333-192720.
The following exhibit is attached:
99.1 Disclosure for Debenture Holders
SIGNATURE
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 hereunto duly authorized.
Date: March 26, 2014
KAMADA LTD.
By: /s/ Gil Efron_____ Gil Efron Chief Financial Officer
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
99.1 Disclosure for Debenture Holders
EXHIBIT 99.1
Disclosure for debenture holders as of December 31, 2013
1. Summary of Financial Undertakings (according to repayment dates) as of December 31, 2013
Israeli Securities Law Regulations (Periodic and Immediate Reports) 9d
a. Convertible debentures issued to the public by the Company and held by the public.
| Principalpayments | Grossinterestpayments(withoutdeductionof tax) | Total | |
|---|---|---|---|
| ILS | |||
| Firstyear | 30,260,689 | 4,204,832 | 34,465,521 |
| Second year | 30,260,689 | 2,102,416 | 32,363,105 |
| Total | 60,521,378 | 6,307,248 | 66,828,626 |
b. Bank guarantees as of December 31, 2013, totaling US $253 thousand
2. Details with Regard to Company Debentures
Israeli Securities Law Regulations (Periodic and Immediate Reports) 10(b)13 and 48c(12)
| Issue Date | Par valueatissuance(USDollar) | Accumulated interest(US Dollar) | Book value(US Dollar)as ofDecember31, 2013 | MarketValue (USDollar) asofDecember31, 2013 | Interest paymentdates | Principalpaymentschedule | Type ofinterest | Converted toanothersecurity |
|---|---|---|---|---|---|---|---|---|
| 10/18/2009 | 28,810,141 | 100,952 | 16,216,021 | 24,637,484 | Quarterly payments onthe outstanding debt,on December 1st, 2009and on March 1st, June1st, September 1standDecember 1stof eachof the years 2010 to2015. | Two equalinstallments: of40% each onDecember 1,2014 andDecember 1,2015. | Bears annualinterest at avariable rate,plus annualmargin of6.1% abovethe annualinterest ratefor IsraeliGovernmentDebentures(Series 817)for eachinterestperiod. | Yes |
3. Details with Regard to the Trustee
MISHMERET TRUST COMPANY LTD, No. Corporate 51-377133-7, Address: 46-48 Menachem Begin, Tel Aviv, Israel Contact information: Rami Sebty, Vice President, Telephone No.: 972-3-6374355, Fax No.: 972-3-6374344, e-mail: [email protected]
4. Conversion of convertible debentures
| Security Details | Conversion ratio | Major Conversion Details |
|---|---|---|
| Ordinary shares of NIS 1 par value | From December 2nd, 2012 to November 15th, 2015,each NIS 37.12 par value debentures (Series C)may be convertible into one ordinary share of NIS 1par value of the Company. | Debentures may be converted each trading day fromregistration of the Debentures until November 15th,2015 except during November 16thto December 1stofeach of the years 2013 and 2014. |
5. At the end of the reporting period and during such reporting period the Company has complied with all the conditions and obligations under the trust deed.