0001178913-14-003880.txt : 20141215 0001178913-14-003880.hdr.sgml : 20141215 20141215081525 ACCESSION NUMBER: 0001178913-14-003880 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20141215 FILED AS OF DATE: 20141215 DATE AS OF CHANGE: 20141215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ituran Location & Control Ltd. CENTRAL INDEX KEY: 0001337117 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065] IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32618 FILM NUMBER: 141285127 BUSINESS ADDRESS: STREET 1: 3 HASHIKMA STREET CITY: AZOOR STATE: L3 ZIP: 58001 BUSINESS PHONE: 972-3-557-1333 MAIL ADDRESS: STREET 1: 3 HASHIKMA STREET CITY: AZOOR STATE: L3 ZIP: 58001 6-K 1 zk1415978.htm 6-K zk1415978.htm


SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
________________________
 
FORM 6-K
 
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
 
For the month of December, 2014
 
Commission File Number 001-32618
 
Ituran Location and Control Ltd.
(Exact name of Registrant as specified in its Charter)
________________________
 
3 Hashikma Street, Azour 58001, Israel
(Address of Registrant’s 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 x   Form 40-F o
 
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):
 
Yes o   No x
 
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):
 
Yes o   No x
 
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 o   No x
                           
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): ______
 
 
 

 
 
On December 15, 2014, Ituran Location and Control Ltd. issued a press release announcing the 2014 Annual General Meeting’s results. A copy of this press release is annexed hereto as Exhibit 99.1.
 
 
 

 
 
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, thereto duly authorized.
 
 
ITURAN LOCATION & CONTROL LTD.
 
   
(Registrant)
 
 
 
By:
/s/ Eyal Sheratzky  
    Name: Eyal Sheratzky  
    Title:   Co-Chief Executive Officer  
       
Date: December 15, 2014
 
 
 

 
 
EXHIBIT INDEX
 
Exhibit                    Item

99.1
Press Release, dated December 15, 2014, announcing the 2014 Annual General Meeting's results.
 



 

 
EX-99.1 2 exhibit_99-1.htm EXHIBIT 99.1 exhibit_99-1.htm


Exhibit 99.1
 
Ituran Location and Control Ltd. Announces Annual General Meeting’s results
 
Azour, Israel, December 15, 2014 – Ituran Location and Control Ltd. (NASDAQ: ITRN) today announced that On December 15, 2014, Ituran Location and Control LTD held an Annual General Meeting which approved the following:
 
 
(1)
To renew the appointment of the firm of Fahn Kanne & co. (a member firm of Grant Thornton international) as the Company’s independent auditors for the year ending December 31, 2015 and until the Company’s next annual general meeting and authorize the Audit Committee of the Company to determine their remuneration.
 
 
The above was approved by 14,661,585 votes (96%). 104,085 votes  opposed (1%) and 480,652 votes (3%) abstained.
 
 
(2)
To approve the election of the following persons to serve as directors for additional period until third succeeding Annual meeting thereafter: Yehuda Kahhane, Yigal Shani, Nir Sheratzky.

 
Yehuda Kahane - approved by 9,731,588 votes (66.95%). 5,504,630 votes (33%) opposed and 10,105 votes (0.05%) abstained.
Yigal Shani - approved by 9,731,588 votes (66.95%). 5,504,630 votes (33%) opposed and 10,105 votes (0.05%) abstained..
Nir Sheratzky - approved by 9,731,588 votes (66.95%). 5,504,630 votes (33%) opposed and 10,105 votes (0.05%) abstained..
 
 
(3)
To approve the re-election of Mr. Israel Baron -  external directors to office for additional period until third succeeding Annual meeting hereafter.
 
The above was approved by a special majority (not including controlling shareholders and shareholders who have a personal interest in the resolution, as required by law)6.185,885 votes (57%), approved4,636,628 votes (43%) opposed.
 
Approval of Item 3 requires that either (i) at least a majority of the shares of non-controlling shareholders and shareholders who do not have a personal interest in the resolution (excluding personal interest that is not a result of connections to a controlling shareholder) are voted in favor of the election of the external director or (ii) the total number of shares of non-controlling shareholders and of shareholders who do not have a personal interest in the resolution (excluding personal interest that is not a result of connections to a controlling shareholder) voted against the election of the external director does not exceed two percent of the outstanding voting power in the Company.
 
 
 

 

About Ituran

 
Ituran provides location-based services, consisting predominantly of stolen vehicle recovery and tracking services, as well as wireless communications products used in connection with its location-based services and various other applications. Ituran offers mobile asset location, Stolen Vehicle Recovery, management & control services for vehicles, cargo and personal security. Ituran’s subscriber base has been growing significantly since the Company’s inception to over 775,000 subscribers distributed globally. Established in 1995, Ituran has over 1,300 employees worldwide, provides its location based services and has a market leading position in Israel, Brazil, Argentina and the United States.

Certain statements in this press release are "forward-looking statements" within the meaning of the Securities Act of 1933, as amended.  These forward-looking statements include, but are not limited to, our plans, objectives, expectations and intentions and other statements contained in this report that are not historical facts as well as statements identified by words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates" or words of similar meaning. These statements are based on our current beliefs or expectations and are inherently subject to significant uncertainties and changes in circumstances, many of which are beyond our control. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors.
 
International Investor Relations

Info@gkir.com
Ehud Helft
kenny@gkir.com
Kenny Green
GK Investor Relations
(US) +1-866-704-6710

Investor Relations in Israel

 
Oded Ben Chorin (oded@km-ir.co.il)
KM Investor Relations
(Israel) +972-3-5167620
 



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