-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OjDU6KimDAGxQMMn1v5Eu2jmF31xaZeQIvna/ZVtyYWWX800n9D0cEsdNFRETX8a rMmpLf/XssG5PV4mQ/29vw== 0001178913-07-001992.txt : 20070917 0001178913-07-001992.hdr.sgml : 20070917 20070917150127 ACCESSION NUMBER: 0001178913-07-001992 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 10 FILED AS OF DATE: 20070917 DATE AS OF CHANGE: 20070917 GROUP MEMBERS: AVRAHAM LIVNAT GROUP MEMBERS: IDB DEVELOPMENT CORPORATION LTD. GROUP MEMBERS: IDB HOLDING CORPORATION LTD. GROUP MEMBERS: NOCHI DANKNER GROUP MEMBERS: RUTH MANOR GROUP MEMBERS: SHELLY DANKNER-BERGMAN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FUNDTECH LTD CENTRAL INDEX KEY: 0001054836 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60233 FILM NUMBER: 071119911 BUSINESS ADDRESS: STREET 1: C/O FUNDTECH CORP STREET 2: 30 MONTGOMERY ST STE 501 CITY: JERSEY CITY STATE: NJ ZIP: 07302 BUSINESS PHONE: 2019461100 MAIL ADDRESS: STREET 1: C/O FUNDTECH CORP STREET 2: 30 MONTGOMERY ST STE 501 CITY: JERSEY CITY STATE: NJ ZIP: 07302 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CLAL INDUSTRIES & INVESTMENTS LTD CENTRAL INDEX KEY: 0001051856 IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 3 AZRIELI CENTER, TRIANGLE TOWER STREET 2: 45TH FLOOR CITY: TEL AVIV STATE: L3 ZIP: 67023 BUSINESS PHONE: 97236075794 MAIL ADDRESS: STREET 1: 3 AZRIELI CENTER, TRIANGLE TOWER STREET 2: 45TH FLOOR CITY: TEL AVIV STATE: L3 ZIP: 67023 SC 13D/A 1 zk74231.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Rule 13d-101 Information to be Included in Statements Filed pursuant to Rule 13d-1(a) and Amendments Thereto Filed Pursuant to Rule 13d-2(a) (AMENDMENT NO. 14) FUNDTECH LTD. - -------------------------------------------------------------------------------- (Name of Issuer) ORDINARY SHARES, PAR VALUE NIS 0.01 PER SHARE - -------------------------------------------------------------------------------- (Title of Class of Securities) M47095100 - -------------------------------------------------------------------------------- (CUSIP Number) SARIT HECHT, ADV. CLAL INDUSTRIES AND INVESTMENTS LTD. 3 AZRIELI CENTER, TRIANGLE TOWER TEL AVIV, 67023 TEL: 972-3-6075795 ISRAEL - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) SEPTEMBER 17, 2007 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [_] NOTE: Schedules filed in paper format shall include a signed original and five copies of the Schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person'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. 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). Page 1 of 14 pages SCHEDULE 13D - ---------------------------------- --------------------------------- CUSIP NO. M47095100 - ---------------------------------- --------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Clal Industries and Investments Ltd. (no U.S. I.D. number) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 5,582,370 shares OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,582,370 shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,582,370 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.26% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- Page 2 of 14 pages SCHEDULE 13D - ---------------------------------- --------------------------------- CUSIP NO. M47095100 - ---------------------------------- --------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS IDB Development Corporation Ltd. (no U.S. I.D. number) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 5,680,868 shares OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,680,868 shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,680,868 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [X] + - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.87% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- * Includes 98,498 Ordinary Shares beneficially held by subsidiaries of Clal Insurance Enterprises Holdings Ltd. ("CIEH"), a subsidiary of IDB Development Corporation Ltd. ("IDB Development"), for their own account. Does not include (i) 279,674 Ordinary Shares held for members of the public through, among others, provident funds, mutual funds, pension funds, exchange traded funds and insurance policies, which are managed by subsidiaries of CIEH, (ii) 150 Ordinary Shares which are held by unaffiliated third-party client accounts managed by subsidiaries of CIEH as portfolio managers and (iii) 1,500 Ordinary Shares held for members of the public through mutual funds which are managed by a company controlled by Epsilon Investment House Ltd., an indirect subsidiary of IDB Development (collectively, the "CIEH and Epsilon Shares"). The Reporting Person disclaims beneficial ownership of the CIEH and Epsilon Shares. + Excludes the CIEH and Epsilon Shares. Page 3 of 14 pages SCHEDULE 13D - ---------------------------------- --------------------------------- CUSIP NO. M47095100 - ---------------------------------- --------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS IDB Holding Corporation Ltd. (no U.S. I.D. number) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 5,680,868 shares OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,680,868 shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,680,868 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [X] + - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.87% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- * Includes 98,498 Ordinary Shares held by subsidiaries of CIEH for their own account. Does not include the CIEH and Epsilon Shares. The Reporting Person disclaims beneficial ownership of the CIEH and Epsilon Shares. + Excludes the CIEH and Epsilon Shares. Page 4 of 14 pages SCHEDULE 13D - ---------------------------------- --------------------------------- CUSIP NO. M47095100 - ---------------------------------- --------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Nochi Dankner - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 shares NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 5,680,868 shares OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 shares PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,680,868 shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,680,868 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [X] + - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.87% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- * Includes 98,498 Ordinary Shares held by subsidiaries of CIEH for their own account. Does not include the CIEH and Epsilon Shares. The Reporting Person disclaims beneficial ownership of the CIEH and Epsilon Shares. + Excludes the CIEH and Epsilon Shares. Page 5 of 14 pages SCHEDULE 13D - ---------------------------------- --------------------------------- CUSIP NO. M47095100 - ---------------------------------- --------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Shelly Dankner-Bergman - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 5,680,868 shares OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,680,868 shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,680,868 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [X] + - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.87% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- * Includes 98,498 Ordinary Shares held by subsidiaries of CIEH for their own account. Does not include the CIEH and Epsilon Shares. The Reporting Person disclaims beneficial ownership of the CIEH and Epsilon Shares. + Excludes the CIEH and Epsilon Shares. Page 6 of 14 pages SCHEDULE 13D - ---------------------------------- --------------------------------- CUSIP NO. M47095100 - ---------------------------------- --------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Avraham Livnat - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 5,680,868 shares OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,680,868 shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,680,868 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [X] + - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.87% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- * Includes 98,498 Ordinary Shares held by subsidiaries of CIEH for their own account. Does not include the CIEH and Epsilon Shares. The Reporting Person disclaims beneficial ownership of the CIEH and Epsilon Shares. + Excludes the CIEH and Epsilon Shares. Page 7 of 14 pages SCHEDULE 13D - ---------------------------------- --------------------------------- CUSIP NO. M47095100 - ---------------------------------- --------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Ruth Manor - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (A) [X] (B) [_] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not Applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2 (D) OR 2 (E) [_] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 NUMBER OF ------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY 5,680,868 shares OWNED BY ------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 PERSON WITH ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,680,868 shares - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,680,868 shares - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [X] + - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.87% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- * Includes 98,498 Ordinary Shares held by subsidiaries of CIEH for their own account. Does not include the CIEH and Epsilon Shares. The Reporting Person disclaims beneficial ownership of the CIEH and Epsilon Shares. + Excludes the CIEH and Epsilon Shares. Page 8 of 14 pages This Amendment No. 14 amends and supplements the Statement (as amended from time to time, the "Statement") on Schedule 13D in respect of the Ordinary Shares, par value NIS 0.01 each ("Ordinary Shares"), of Fundtech Ltd. (the "Issuer"), previously filed with the Securities and Exchange Commission ("SEC") by the Reporting Persons (as defined below), the last amendment of which was filed with the SEC on June 27, 2003. Unless otherwise defined in this Amendment No. 14, capitalized terms have the meanings given to them in the Statement. The following amends and supplements Items 2, 3, 4, 5 and 7 of the Statement. ITEM 2. IDENTITY AND BACKGROUND Item 2 of the Statements is hereby amended and restated in its entirety as follows: (a), (b) and (c): The Reporting Persons. The following are the names of the reporting persons (the "Reporting Persons"), the place of organization, principal business, and address of the principal business or office of each Reporting Person that is a corporation, and the residence or business address and present principal occupation of each Reporting Person who is a natural person: (1) Clal Industries and Investments Ltd. is an Israeli public company ("Clal Industries"), with its principal office at the Triangular Tower, 45th floor, 3 Azrieli Center, Tel Aviv 67023, Israel. Clal Industries is a holding company whose principal holdings are in the industrial and technology sectors. The outstanding shares of Clal Industries are listed for trading on the Tel Aviv Stock Exchange. (2) IDB Development Corporation Ltd. is an Israeli public company ("IDB Development"), with its principal office at the Triangular Tower, 44th Floor, 3 Azrieli Center, Tel Aviv 67023, Israel. IDB Development is an investment company, which, through subsidiaries, invests in companies engaged in various sectors of the Israeli economy. The outstanding shares of IDB Development are listed for trading on the Tel Aviv Stock Exchange. IDB Development owns the majority of the outstanding shares of, and controls, Clal Industries. By reason of IDB Development's control of Clal Industries, IDB Development may be deemed to be beneficial owner of, and to share the power to vote and dispose of, the Shares beneficially owned by Clal Industries. (3) IDB Holding Corporation Ltd. is an Israeli public company ("IDB Holding"), with its principal office at the Triangular Tower, 44th Floor, 3 Azrieli Center, Tel Aviv 67023, Israel. IDB Holding is an investment company that, through subsidiaries, invests in companies engaged in various sectors of the Israeli economy. The outstanding shares of IDB Holding are listed for trading on the Tel Aviv Stock Exchange. IDB Holding owns the majority of the outstanding shares of, and controls, IDB Development. By reason of IDB Holding's control of IDB Development, IDB Holding may be deemed beneficial owner of, and to share the power to vote and dispose of, the Shares owned beneficially by IDB Development. The following persons may, by reason of their interest in and relationships among them with respect to IDB Holding, be deemed to control IDB Holding. (4) Mr. Nochi Dankner, whose address is the Triangular Tower, 44th Floor, 3 Azrieli Center, Tel Aviv 67023, Israel. His present principal occupation is Chairman and Chief Executive Officer of IDB Holding; Chairman of IDB Development and Clal Industries; director of companies. Page 9 of 14 pages (5) Mrs. Shelly Bergman, whose address is 9, Hamishmar Ha'Ezrachi Street, Afeka, Tel-Aviv, Israel. Her present principal occupation is director of companies. (6) Mrs. Ruth Manor, whose address is 26 Hagderot Street, Savion, Israel. Her present principal occupation is director of companies. (7) Mr. Avraham Livnat, whose address is 1 Taavura Junction, Ramle, Israel. His present principal occupation is Managing Director of Taavura Holdings Ltd., an Israeli private company. Nochi Dankner (together with a private company controlled by him) and his sister Shelly Bergman control Ganden Holdings Ltd. ("Ganden Holdings"), a private Israeli company. Ganden Holdings owns, as of September 6, 2007, approximately 49.2% of the outstanding shares of IDB Holding (of which, approximately 11.5% of the outstanding shares of IDB Holding are held directly and approximately 37.7% of the outstanding shares of IDB Holding are held through Ganden Investments I.D.B. Ltd. ("Ganden"), a private Israeli company, which is an indirect wholly owned subsidiary of Ganden Holdings). In addition, Shelly Bergman holds, through a wholly owned company, approximately 7.23% of the outstanding shares of IDB Holding. Nochi Dankner and Shelly Bergman entered into a memorandum of understanding dated May 5, 2003 setting forth, among other things, agreements between them as to how they will vote their shares of Ganden Holdings at its shareholders' meetings, who they will appoint as directors of Ganden Holdings, and first refusal and tag along rights available to each one of them in connection with sales of shares of Ganden Holdings owned by the other. Nochi Dankner is the Chairman of the Boards of Directors of IDB Holding and IDB Development. Ruth Manor controls Manor Holdings B.A. Ltd. ("Manor Holdings"), a private Israeli company which owns, as of September 6, 2007, approximately 11.5% of the outstanding shares of IDB Holding (of which, approximately 1.15% are held directly and approximately 11.5% of the outstanding shares of IDB Holding are held through Manor Investments - IDB Ltd. ("Manor"), a private Israeli company which is controlled by Manor Holdings). Manor also holds directly approximately 0.32% of the outstanding shares of IDB Development. Ruth Manor's husband, Isaac Manor, and their son, Dori Manor, are directors of IDB Holding and IDB Development. Avraham Livnat controls Avraham Livnat Ltd., a private Israeli company, which owns, as of September 6, 2007, approximately 11.5% of the outstanding shares of IDB Holding (of which, approximately 1.17% are held directly and approximately 10.34% of the outstanding shares of IDB Holding are held through Avraham Livnat Investments (2002) Ltd. ("Livnat"), a private Israeli company, which is a wholly owned subsidiary of Avraham Livnat Ltd.). Zvi Livnat, a son of Avraham Livnat, is a director of IDB Holding and IDB Development and Shay Livnat, a son of Avraham Livnat, is a director of IDB Development. Page 10 of 14 pages Ganden, Manor and Livnat entered into a Shareholders Agreement dated May 19, 2003 (the "IDB Shareholders Agreement") with respect to their ownership of shares of IDB Holding constituting in the aggregate approximately 51.7% of the outstanding shares of IDB Holding (Ganden - 31.02%; Manor - 10.34%; Livant - 10.34%), for the purpose of maintaining and exercising control of IDB Holding as one single group of shareholders. Any holdings of said entities in IDB Holding in excess of said 51.7% of the issued share capital and voting rights of IDB Holding (as well as the direct holdings of Ganden Holdings, Manor Holdings, Avraham Livnat Ltd. and Shelly Bergman's wholly owned company in IDB Holding) are not subject to IDB Shareholders Agreement. The IDB Shareholders Agreement provides, among other things, that Ganden will be the manager of the group as long as Ganden and its permitted transferees will be the largest shareholders of IDB Holding among the parties to the IDB Shareholders Agreement; that the parties to the IDB Shareholders Agreement will vote together at shareholders' meetings of IDB Holding as shall be determined according to a certain mechanism set forth therein; and that they will exercise their voting power in IDB Holding for electing their designees as directors of IDB Holding and its direct and indirect subsidiaries. The term of the IDB Shareholders Agreement is twenty years from May 19, 2003. By reason of the control of IDB Holding by Nochi Dankner, Shelly Bergman, Ruth Manor and Avraham Livnat, and the relations among them, as set forth above, Nochi Dankner, Shelly Bergman, Ruth Manor and Avraham Livnat may each be deemed beneficial owner of, and to share the power to vote and dispose of, the Shares owned beneficially by IDB Holding. By reason of the control of IDB Holding by Nochi Dankner, Shelly Bergman, Ruth Manor and Avraham Livnat, and the relations among them, as set forth above, Nochi Dankner, Shelly Bergman, Ruth Manor and Avraham Livnat may each be deemed beneficial owner of, and to share the power to vote and dispose of, the Shares owned beneficially by IDB Holding. The name, citizenship, residence or business address and present principal occupation of the directors and executive officers of Clal Industries, IDB Development and IDB Holding are set forth in EXHIBITS 1 THROUGH 3 attached hereto, respectively, and incorporated herein by reference. (d) None of the Reporting Persons or, to the knowledge of the Reporting Persons, any of the persons named in Exhibits 1 through 3 to this Statement, has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors). (e) None of the Reporting Persons or, to the knowledge of the Reporting Persons, any of the persons named in Exhibits 1 through 3 to this Statement has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Item 3 of the Statement is hereby amended and supplemented as follows: The acquisition of Shares reported in this Statement was funded out of working capital of Clal Industries. ITEM 4. PURPOSE OF TRANSACTION Item 4 of the Statement is hereby amended and restated in its entirety as follows: The Shares were acquired for investment purposes. Page 11 of 14 pages The Reporting Persons intend to review on a continuing basis their investment in the Shares and take such actions with respect to their investment as they deem appropriate in light of the circumstances existing from time to time. Such actions could include, among other things, purchasing additional Shares (whether through open market purchases, privately negotiated transactions, tender offer or otherwise), discussing with the Issuer management or other significant holders of the share capital matters related to the Issuer. The Reporting Persons could also determine to dispose of the Shares, in whole or in part, at any time, subject to applicable laws. Any such decision would be based on an assessment by the Reporting Persons of a number of different factors, including, without limitation, the business, prospects and affairs of the Issuer, the market for the Shares, the condition of the securities markets, general economic and industry conditions and other opportunities available to the Reporting Persons. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER Item 5 of the Statements is hereby amended and restated in its entirety as follows: The Issuer has advised the Reporting Persons that there were 16,291,933 Ordinary Shares outstanding on September 10, 2007. The percentages of Ordinary Shares outstanding set forth in this Statement are based on this number. (a), (b) As of September 16, 2007: Clal Industries may be deemed beneficial owners of, and to share the power to vote and dispose of 5,582,370 Shares, constituting approximately 34.26% of the outstanding Ordinary Shares of the Issuer. IDB Development may be deemed beneficial owner of, and to share the power to vote and dispose of 5,680,868 Shares, consisting of the 5,582,370 Shares held by Clal Indsutries and the 98,498 Shares held by subsidiaries of CIEH for their own account, constituting approximately 34.87% of the outstanding Shares of the Issuer. IDB Development disclaims beneficial ownership of such shares. IDB Holding and the Reporting Persons who are natural persons may be deemed to share the power to vote and dispose of 5,680,868 Shares, consisting of the 5,582,370 Shares beneficially owned by IDB Development, constituting approximately 34.87% of the outstanding Shares of the Issuer. IDB Holding and the Reporting Persons who are natural persons disclaim beneficial ownership of such shares. Based on information furnished to the Reporting Persons, Tal Mund, one of Clal Industries' executive officers holds 100 Shares of the Issuer. Other than that, the Reporting Persons are not aware of any executive officer or director named in Exhibit 1 through 3 to this statement, beneficially owning any Shares. (c) None of the Reporting Persons or, to the Reporting Persons' knowledge, any of the executive officers and directors named in Exhibits 1 through 3 to this Statement, purchased or sold any Ordinary Shares in the sixty days preceding September 17, 2007, except as set forth below: Page 12 of 14 pages Clal Industries made the following purchases of Shares, all of which were made in open market transactions on the NASDAQ: Date Amount of Ordinary Shares Price Per Share - ---- ------------------------- --------------- August 13, 2007 70,041 $15.41 August 14, 2007 37,159 $15.35 August 16, 2007 25,209 $15.21 September 6, 2007 56,100 $15.80 September 12, 2007 12,300 $16.45 September 13, 2007 9,000 $16.55 September 14, 2007 22,800 $16.58 (d) Not applicable. (e) Not applicable. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS - ------------ ----------------------------------------------------------------- Exhibit # Description - ------------ ----------------------------------------------------------------- Exhibits 1-3 Name, citizenship, business address, present principal occupation and employer of executive officers and directors of (1) Clal Industries, (2) IDB Development and (3) IDB Holding. - ------------ ----------------------------------------------------------------- Exhibit 4 Joint Filing Agreement between Clal Industries and IDB Development authorizing Clal Industries to file this Schedule 13D and any amendments hereto - ------------ ----------------------------------------------------------------- Exhibit 5 Joint Filing Agreement between Clal Industries and IDB Holding authorizing Clal Industries to file this Schedule 13D and any amendments hereto - ------------ ----------------------------------------------------------------- Exhibit 6 Joint Filing Agreement between Clal Industries and Mr. Dankner authorizing Clal Industries to file this Schedule 13D and any amendments hereto - ------------ ----------------------------------------------------------------- Exhibit 7 Joint Filing Agreement between Clal Industries and Mrs. Bergman authorizing Clal Industries to file this Schedule 13D and any amendments hereto - ------------ ----------------------------------------------------------------- Exhibit 8 Joint Filing Agreement between Clal Industries and Mrs. Manor authorizing Clal Industries to file this Schedule 13D and any amendments hereto - ------------ ----------------------------------------------------------------- Exhibit 9 Joint Filing Agreement between Clal Industries and Mr. Livnat authorizing Clal Industries to file this Schedule 13D and any amendments hereto - ------------ ----------------------------------------------------------------- Page 13 of 14 pages SIGNATURE After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: September 17, 2007 CLAL INDUSTRIES AND INVESTMENTS LTD. IDB DEVELOPMENT CORPORATION LTD. IDB HOLDING CORPORATION LTD. NOCHI DANKNER SHELLY DANKNER-BERGMAN AVRAHAM LIVNAT RUTH MANOR By: Clal Industries and Investments Ltd. By: /s/ Yehuda Ben Ezra, /s/Guy Rosen Yehuda Ben Ezra and Guy Rosen, authorized signatories of Clal Industries and Investments Ltd. for itself and on behalf of IDB Holding Corporation Ltd, IDB Development Corporation Ltd., Nochi Dankner, Shelly Dankner-Bergman, Avraham Livnat and Ruth Manor pursuant to the agreements annexed as exhibits 4-9 to this Schedule 13D. Page 14 of 14 pages EX-99 2 exhibit_1.txt EXHIBIT 1 Clal Industries and Investments Ltd. (as of September 6, 2007) Citizenship is same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Nochi Dankner Chairman of the Board of Chairman and Chief Executive Officer of IDB 3 Azrieli Center, the Triangular Tower 44th Directors and Co-Chief Holdings; Chairman of IDB Development Clal floor, Tel Aviv 67023, Israel Executive Industries and Investments Ltd and DIC; director of Companies. Avi Fischer Director Executive Vice President of IDB Holdings; 3 Azrieli Center, the Triangular Tower 45th Deputy Chairman of IDB Development; floor, Tel Aviv 67023, Israel Co-Chief Executive Officer of Clal Industries and Investments Ltd. Refael Bisker Director Chairman of Property and Building 3 Azrieli Center, the Triangular Tower 44th Corporation Ltd. floor, Tel Aviv 67023, Israel Marc Schimmel* Director Director of UKI Investments 54-56 Euston St., London NW1 U.K. Yecheskel Dovrat Director Economic consultant and director of 1 Nachshon St., Ramat Hasharon, Israel. companies. Eliahu Cohen Director Chief Executive Officer of IDB Development. 3 Azrieli Center, the Triangular Tower 44th floor, Tel Aviv 67023, Israel Shay Livnat Director President of Zoe Holdings Ltd. 31st HaLechi St., Bnei Brak 51200, Israel David Leviatan Director Director of Companies. 18 Mendele St., Herzeliya, Israel Alicia Rotbard External Director Chief Executive Officer of Doors 6 Rosenblum St. Information Systems Inc. #6101 Sea&Sun, Tel Aviv, Israel Nachum Langental External Director Director of companies 3 Jabotinski St., Ramat Gan, Israel
Page 1 of 2 pages **Isaac Manor Director Chairman of companies in the motor vehicle Director sector of the David Lubinski Ltd. Group. 26 Hagderot St., Savion **Dori Manor Director Chairman of companies in the motor vehicle 18 Hareches St., Savion sector of the David Lubinski Ltd. Group. Adiel Rosenfeld Director Representative in Israel of Aktiva group. 42 Ha'Alon St., Timrat 23840, Israel Zvi Livnat, Co- Chief Executive Co- Chief Executive of Clal Industries and 3 Azrieli Center, the Triangular Tower 45th Investments Ltd. floor, Tel Aviv 67023, Israel Nitsa Einan, Vice President and General General Counsel of Clal Indistries and 3 Azrieli Center, the Triangular Tower 45th Counsel Investments Ltd. floor, Tel Aviv 67023, Israel Yehuda Ben Ezra, Comptroller Comptroller of Clal Industries and 3 Azrieli Center, the Triangular Tower 45th Investments Ltd. floor, Tel Aviv 67023, Israel Gonen Bieber,*** Vice President and Financial Financial Manager of Clal Industries and 3 Azrieli Center, the Triangular Tower 45th Manager Investments Ltd. floor, Tel Aviv 67023, Israel Guy Rosen, Vice President Vice President of Clal Industries and 3 Azrieli Center, the Triangular Tower 45th Investments Ltd. floor, Tel Aviv 67023, Israel Boaz Simons, Vice President Vice President of Clal Industries and 3 Azrieli Center, the Triangular Tower 45th Investments Ltd. floor, Tel Aviv 67023, Israel
* Mr. Isaac Manor and Mr. Dori Manor are a dual citizen of Israel and French ** Mr. Mark Schimmel is a citizen of Great Britain *** Mr. Bieber is a dual citizen of Israel and the Republic of Germany. Page 2 of 2 pages EX-99 3 exhibit_2.txt EXHIBIT 2 Directors and Executive Officers of IDB Development Corporation Ltd. (as of September 6, 2007) Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Nochi Dankner Chairman of the Chairman and Chief Executive Officer of 3 Azrieli Center, The Triangular Tower, 44th Board of Directors IDB Holding; Chairman of IDB floor, Tel-Aviv 67023, Israel Development, DIC and Clal Industries and Investments Ltd.; Director of companies. Zehava Dankner Director Member of the executive committee of the 64 Pinkas Street, Tel Aviv 62157, Israel Beautiful Israel Council. Avi Fischer Deputy Chairman of Executive Vice President of IDB Holding; 3 Azrieli Center, The Triangular Tower, 45th the Board of Deputy Chairman of IDB Development; floor, Tel-Aviv 67023, Israel Directors Co-Chief Executive Officer of Clal Industries and Investments Ltd. Zvi Livnat Deputy Chairman of Executive Vice President of IDB Holding; 3 Azrieli Center, The Triangular Tower, 45th the Board of Deputy Chairman of IDB Development; floor, Tel-Aviv 67023, Israel Directors Co-Chief Executive Officer of Clal Industries and Investments Ltd. Refael Bisker Director Chairman of Property and Building 3 Azrieli Center, The Triangular Tower, 44th Corporation Ltd.; Chairman of Super-sol floor, Tel-Aviv 67023, Israel Ltd. Jacob Schimmel Director Director of UKI Investments. 17 High field Gardens, London W11 9HD, United Kingdom Shay Livnat Director President of Zoe Holdings Ltd. 26 Shalva Street, Herzlia Pituach 46705, Israel Eliahu Cohen Director and Chief Chief Executive Officer of IDB 3 Azrieli Center, The Triangular Tower 44th Executive Officer Development. floor, Tel-Aviv 67023, Israel Isaac Manor (*) Director Chairman of companies in the motor 26 Hagderot Street, Savion 56526, Israel vehicle sector of the David Lubinski Ltd. group.
Page 1 of 2 pages Dori Manor (*) Director Chief Executive Officer of companies in 18 Hareches Street, Savion 56538, Israel the motor vehicle sector of the David Lubinski Ltd. group. Abraham Ben Joseph Director Director of companies. 87 Haim Levanon Street, Tel-Aviv 69345, Israel Amos Malka External Director Chairman of Albar Mimunit Services Ltd. 18 Nahal Soreq Street, Modi'in 71700, Israel Dr. Yoram Margalioth External Director Senior lecturer (expert on tax laws) at 16 Ha'efroni Street, Raanana 43724, Israel the Faculty of Law in the Tel Aviv University. Irit Izakson Director Director of companies. 15 Great Matityahou Cohen Street, Tel-Aviv 62268, Israel Lior Hannes Senior Executive Senior Executive Vice President of IDB 3 Azrieli Center, The Triangular Tower, 44th Vice President Development; Chief Executive Officer of floor, Tel-Aviv 67023, Israel IDB Investments (U.K.) Ltd. Dr. Eyal Solganik Executive Vice Executive Vice President and Chief 3 Azrieli Center, The Triangular Tower, 44th President and Chief Financial Officer of IDB Development; floor, Tel-Aviv 67023, Israel Financial Officer Chief Financial Officer of IDB Holding. Ari Raved Vice President Vice President of IDB Development. 3 Azrieli Center, The Triangular Tower, 44th floor, Tel-Aviv 67023, Israel Haim Gavrieli Vice President Vice President of IDB Development. 3 Azrieli Center, The Triangular Tower, 44th floor, Tel-Aviv 67023, Israel Haim Tabouch Vice President and Vice President and Comptroller of IDB 3 Azrieli Center, The Triangular Tower, 44th Comptroller Development; Comptroller of IDB Holding. floor, Tel-Aviv 67023, Israel Inbal Tzion Vice President and Vice President and Corporate Secretary 3 Azrieli Center, The Triangular Tower, 44th Corporate Secretary of IDB Development; Corporate Secretary floor, Tel-Aviv 67023, Israel of IDB Holding.
(*) Dual citizen of Israel and France. Page 2 of 2 pages EX-99 4 exhibit_3.txt EXHIBIT 3 Directors and Executive Officers of IDB Holding Corporation Ltd. (as of September 6, 2007) Citizenship is the same as country of address, unless otherwise noted.
NAME & ADDRESS POSITION CURRENT PRINCIPAL OCCUPATION - -------------- -------- ---------------------------- Nochi Dankner Chairman of the Chairman and Chief Executive Officer of 3 Azrieli Center, The Triangular Tower, 44th Board of Directors IDB Holding; Chairman of IDB floor, Tel-Aviv 67023, Israel and Chief Executive Development, DIC and Clal Industries and Officer Investments Ltd.; Director of companies. Isaac Manor (*) Deputy Chairman of Chairman of companies in the motor 26 Hagderot Street, Savion 56526, Israel the Board of vehicle sector of the David Lubinski Directors Ltd. group. Arie Mientkavich Vice Chairman of Chairman of Elron; Chairman of Clal 14 Betzalel Street, the Board of Tourism Ltd.; Deputy Chairman of Jerusalem 94591,Israel Directors Gazit-Globe Israel (Development) Ltd. Zehava Dankner Director Member of the executive committee of the 64 Pinkas Street, Tel Aviv 62157, Israel Beautiful Israel Council. Lior Hannes Director Senior Executive Vice President of IDB 3 Azrieli Center, The Triangular Tower, 44th Development; Chief Executive Officer of floor, Tel-Aviv 67023, Israel IDB Investments (U.K.) Ltd. Refael Bisker Director Chairman of Property and Building 3 Azrieli Center, The Triangular Tower, 44th Corporation Ltd.; Chairman of Super-sol floor, Tel-Aviv 67023, Israel Ltd. Jacob Schimmel Director Director of UKI Investments. 17 High field Gardens, London W11 9HD, United Kingdom Shaul Ben-Zeev Director Chief Executive Officer of Avraham Taavura Junction, Ramle 72102, Israel Livnat Ltd. Eliahu Cohen Director Chief Executive Officer of IDB 3 Azrieli Center, The Triangular Tower, 44th Development. floor, Tel-Aviv 67023, Israel Dori Manor (*) Director Chief Executive Officer of companies in 18 Hareches Street, Savion 56538, Israel the motor vehicle sector of the David Lubinski Ltd. group.
Page 1 of 2 pages Meir Rosenne Director Attorney. 8 Oppenheimer Street, Ramat Aviv, Tel Aviv 69395, Israel Shmuel Lachman External Director Information technology consultant 9A Khilat Jatomir Street, Tel Aviv 69405, Israel Zvi Dvoresky External Director Manager of a company involved in the 12 Ha-rofe Street, real estate business Haifa 34366, Israel Zvi Livnat Director and Executive Vice President of IDB Holding; 3 Azrieli Center, The Triangular Tower, 45th Executive Vice Deputy Chairman of IDB Development; floor, Tel-Aviv 67023, Israel President Co-Chief Executive Officer of Clal Industries and Investments Ltd. Avi Fischer Executive Vice Executive Vice President of IDB Holding; 3 Azrieli Center, The Triangular Tower, 45th President Deputy Chairman of IDB Development; floor, Tel-Aviv 67023, Israel Co-Chief Executive Officer of Clal Industries and Investments Ltd. Dr. Eyal Solganik Chief Financial Chief Financial Officer of IDB Holding; 3 Azrieli Center, The Triangular Tower, 44th Officer Executive Vice President and Chief floor, Tel-Aviv 67023, Israel Financial Officer of IDB Development. Haim Tabouch Comptroller Comptroller of IDB Holding; Vice 3 Azrieli Center, The Triangular Tower, 44th President and Comptroller of IDB floor, Tel-Aviv 67023, Israel Development.
(*) Dual citizen of Israel and France. Page 2 of 2 pages EX-99 5 exhibit_4.txt EXHIBIT 4 June 29, 2006 Clal Industries and Investments Ltd. The Triangle Tower, 45th floor 3 Azrieli Center, Tel Aviv, 67023 Israel Gentlemen: Pursuant to rule 13d-1(f)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that Clal Industries and Investments Ltd. ("CII") may file as necessary on behalf of the undersigned with the Securities and Exchange Commission a Schedule 13D or Schedule 13G and any amendments thereto in respect of shares of Fundtech Ltd. purchased, owned or sold from time to time by the undersigned. CII is hereby authorized to file a copy of this letter as an exhibit to said Schedule 13D or Schedule 13G or any amendments thereto. Very truly yours, IDB Holding Corporation Ltd.. By: /s/ Eyal Solganik, /s/ Eli Cohen ------------------------------------ Agreed: Clal Industries and Investments Ltd. By: /s/ Gonen Bieber, /s/ Gil Milner ------------------------------------ EX-99 6 exhibit_5.txt EXHIBIT 5 June 29, 2006 Clal Industries and Investments Ltd. The Triangle Tower, 45th floor 3 Azrieli Center, Tel Aviv, 67023 Israel Gentlemen: Pursuant to rule 13d-1(f)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that Clal Industries and Investments Ltd. ("CII") may file as necessary on behalf of the undersigned with the Securities and Exchange Commission a Schedule 13D or Schedule 13G and any amendments thereto in respect of shares of Fundtech Ltd. purchased, owned or sold from time to time by the undersigned. CII is hereby authorized to file a copy of this letter as an exhibit to said Schedule 13D or Schedule 13G or any amendments thereto. Very truly yours, /s/ Eyal Solganik, /s/ Eli Cohen IDB Development Corporation Ltd. Agreed: Clal Industries and Investments Ltd. By: /s/ Gonen Bieber, /s/ Gil Milner ------------------------------------ EX-99 7 exhibit_6.txt EXHIBIT 6 June 29, 2006 Clal Industries and Investments Ltd. The Triangle Tower, 45th floor 3 Azrieli Center, Tel Aviv, 67023 Israel Gentlemen: Pursuant to rule 13d-1(f)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that Clal Industries and Investments Ltd. ("CII") may file as necessary on behalf of the undersigned with the Securities and Exchange Commission a Schedule 13D or Schedule 13G and any amendments thereto in respect of shares of Fundtech Ltd. purchased, owned or sold from time to time by the undersigned. CII is hereby authorized to file a copy of this letter as an exhibit to said Schedule 13D or Schedule 13G or any amendments thereto. Very truly yours, /s/ Nochi Dankner Agreed: Clal Industries and Investments Ltd. By: /s/ Gonen Bieber, /s/ Gil Milner ------------------------------------ EX-99 8 exhibit_7.txt EXHIBIT 7 June 29, 2006 Clal Industries and Investments Ltd. The Triangle Tower, 45th floor 3 Azrieli Center, Tel Aviv, 67023 Israel Gentlemen: Pursuant to rule 13d-1(f)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that Clal Industries and Investments Ltd. ("CII") may file as necessary on behalf of the undersigned with the Securities and Exchange Commission a Schedule 13D or Schedule 13G and any amendments thereto in respect of shares of Fundtech Ltd. purchased, owned or sold from time to time by the undersigned. CII is hereby authorized to file a copy of this letter as an exhibit to said Schedule 13D or Schedule 13G or any amendments thereto. Very truly yours, /s/ Shelly Bergman Agreed: Clal Industries and Investments Ltd. By: /s/ Gonen Bieber, /s/ Gil Milner ------------------------------------ EX-99 9 exhibit_8.txt EXHIBIT 8 June 29, 2006 Clal Industries and Investments Ltd. The Triangle Tower, 45th floor 3 Azrieli Center, Tel Aviv, 67023 Israel Gentlemen: Pursuant to rule 13d-1(f)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that Clal Industries and Investments Ltd. ("CII") may file as necessary on behalf of the undersigned with the Securities and Exchange Commission a Schedule 13D or Schedule 13G and any amendments thereto in respect of shares of Fundtech Ltd. purchased, owned or sold from time to time by the undersigned. CII is hereby authorized to file a copy of this letter as an exhibit to said Schedule 13D or Schedule 13G or any amendments thereto. Very truly yours, /s/ Avraham Livnat Agreed: Clal Industries and Investments Ltd. By: /s/ Gonen Bieber, /s/ Gil Milner ------------------------------------ EX-99 10 exhibit_9.txt EXHIBIT 9 June 29, 2006 Clal Industries and Investments Ltd. The Triangle Tower, 45th floor 3 Azrieli Center, Tel Aviv, 67023 Israel Gentlemen: Pursuant to rule 13d-1(f)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agrees that Clal Industries and Investments Ltd. ("CII") may file as necessary on behalf of the undersigned with the Securities and Exchange Commission a Schedule 13D or Schedule 13G and any amendments thereto in respect of shares of Fundtech Ltd. purchased, owned or sold from time to time by the undersigned. CII is hereby authorized to file a copy of this letter as an exhibit to said Schedule 13D or Schedule 13G or any amendments thereto. Very truly yours, /s/Ruth Manor Agreed: Clal Industries and Investments Ltd. By: /s/ Gonen Bieber, /s/ Gil Milner ------------------------------------ -----END PRIVACY-ENHANCED MESSAGE-----