SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
F O R M 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of July 2019
B COMMUNICATIONS LTD.
(Name of Registrant)
2 Dov Friedman Street, Ramat Gan 5250301, Israel
(Address of Principal Executive Office)
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 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 by furnishing the information contained in this Form, the registrant 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- __________
B COMMUNICATIONS LTD.
EXPLANATORY NOTE
The following exhibit is attached:
99.1 |
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, thereunto duly authorized.
B COMMUNICATIONS LTD. | ||
(Registrant) | ||
Date: July 11, 2019 | By: | /s/ Ami Barlev |
Ami Barlev | ||
Chief Executive Officer |
2
EXHIBIT INDEX
EXHIBIT NO. | DESCRIPTION | |
99.1 |
3
Exhibit 99.1
“Bezeq” The Israel Telecommunication Corp Limited
(“The Company”)
July 11, 2019
Attn. | Attn. |
Israel Securities Authority | The Tel-Aviv Stock Exchange Ltd |
Dear Sir or Madam,
Immediate Report - Collective Agreement at Bezeq International Ltd
Further to the description in section 4.8 of the Chapter on the Description of the Company’s Business in the Company’s 2018 Periodic Report, the Company announces that today a subsidiary, Bezeq International Ltd (“Bezeq International”) signed a collective agreement with the Histadrut General Federation of Workers and the employees’ representatives, including streamlining and synergy processes for a period from July 7, 2019 until December 31, 2021 (“the Agreement”).
According to the program of Bezeq International and in accordance with the Agreement, Bezeq International may inter alia reduce the employment of up to 350 employees (of which 150 permanent, some as part of early retirement), and in addition the possibility not to recruit employees in place of the employees who are terminating their employment. Similarly, the Agreement includes the grant of a one-time bonus to employees not included in the severance program.
The estimated cost of the Agreement is NIS 60 million assuming full exercise of Bezeq International’s rights to streamlining as stated above and the existence of the conditions to provide additional economic benefits to the employees.
Yours sincerely,
“Bezeq” The Israel Telecommunication Corp Limited
The above information constitutes a translation of the Immediate Report published by the Company. The Hebrew version was submitted by the Company to the relevant authorities pursuant to Israeli law, and represents the binding version and the only one having legal effect. This translation was prepared for convenience purposes only.
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