6-K

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 September 2016

Commission File Number: 000-21388

MAGAL SECURITY SYSTEMS LTD.

(Translation of registrant’s name into English)

P.O. Box 70, Industrial Zone, Yehud 56100 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 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-________

This Report on Form 6-K is incorporated by reference into the Registrant’s Form S-8 Registration Statements File Nos. 333-127340, 333-164696, 333-174127 and 333-190469.

EXPLANATORY NOTE

Attached hereto as Exhibits 99.1-99.7 are forms and instruction guidelines prepared by Magal Security Systems Ltd. (the “Company”) in order to assist its shareholders in the execution of its previously announced rights offering (the “Rights Offering”).

· Exhibit 99.1 – Form of Subscription Rights Certificate

· Exhibit 99.2 – Form of Instructions as to Use of Subscription Rights Certificates

· Exhibit 99.3 – Form of Letter to Registered Holders

· Exhibit 99.4 – Form of Letter to Securities Dealers, Commercial Banks, Trust Companies, and Other Nominees

· Exhibit 99.5 – Form of Letter to Clients of Nominee Holders

· Exhibit 99.6 – Form of Beneficial Owner Election Form

· Exhibit 99.7 – Form of Nominee Holder Certification

These exhibits will be mailed to holders of record of the Company’s ordinary shares on September 9, 2016, which is the record date for the Rights Offering.

Also attached as Exhibit 99.8 is the Company’s press release: Magal Announces Commencement of Rights Offering issued September 7, 2016.

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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.

Date: September 7, 2016

Magal Security Systems Ltd.
By:	/s/ Saar Koursh
	Saar Koursh
	Chief Executive Officer

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EX-99.1

Exhibit 99.1

RIGHTS CERTIFICATE #:			NUMBER OF RIGHTS
THE TERMS AND CONDITIONS OF THE RIGHTS OFFERING ARE SET FORTH IN THE COMPANY'S PROSPECTUS DATED SEPTEMBER 7, 2016 (THE "PROSPECTUS") AND ARE INCORPORATED HEREIN BY REFERENCE. COPIES OF THE PROSPECTUS ARE AVAILABLE UPON REQUEST FROM D.F. KING & CO., INC., THE INFORMATION AGENT.
MAGAL SECURITY SYSTEMS LTD. Incorporated under the laws of the State of Israel
NON - TRANSFERABLE SUBSCRIPTION RIGHTS CERTIFICATE
Evidencing Non - Transferable Subscription Rights to Purchase Ordinary Shares of Magal Security Systems Ltd. Subscription Price: $11.58 (reflecting a price of $3.86 per Ordinary Share)
THE SUBSCRIPTION RIGHTS WILL EXPIRE IF NOT EXERCISED ON OR BEFORE 5:00 P.M., NEW YORK CITY TIME, ON SEPTEMBER 30, 2016, UNLESS EXTENDED BY THE COMPANY
REGISTERED                       OWNER:
	THIS CERTIFIES THAT the registered owner whose name is inscribed hereon is the owner of the number of non-transferable subscription rights (“Rights”) set forth above. Each whole Right entitles the holder thereof to subscribe for and purchase three Ordinary Shares, with a par value of NIS 1.00 per share, of Magal Security Systems Ltd., an Israeli company, at a subscription price  of $11.58, reflecting a price of $3.86 per Ordinary Share  (the  “Basic  Subscription  Privilege”),  pursuant  to  a  rights  offering  (the “Rights Offering”), on the terms and subject to the conditions set forth in the Prospectus and the “Instructions as to Use of Magal Security Systems Ltd. Subscription Rights Certificates” accompanying this Subscription Rights Certificate.	If any Ordinary Shares available for purchase in the Rights Offering are not purchased by other holders of Rights pursuant to the exercise of their Basic Subscription Privilege (the “Excess Shares”), any Rights holder that exercises its Basic Subscription Privilege in full may subscribe for a number of Excess Shares pursuant to the terms and conditions of the Rights Offering, subject to proration, as described in the Prospectus (the “Over-Subscription Privilege”).   The Rights represented by this Subscription Rights Certificate may be exercised by completing Form 1 and any other appropriate forms on the reverse side hereof and by returning the full payment of the subscription price for each Ordinary Share in accordance with the “Instructions as to Use of Magal Security Systems Ltd.   Subscription Rights Certificates” that accompany this Subscription Rights Certificate.
	This Subscription Rights Certificate is not valid unless countersigned by the subscription agent and registered by the registrar.
	Witness the seal of Magal Security Systems Ltd. and the signatures of its duly authorized officers.
	Dated:
	Chief Executive Officer	Vice President, General Counsel and Secretary

DELIVERY OPTIONS FOR SUBSCRIPTION RIGHTS CERTIFICATE

Delivery other than in the manner or to the address listed below will not constitute valid delivery.

If delivering by mail, hand or overnight courier:

American Stock Transfer & Trust Company, LLC

Operations Center

Attn: Reorganization Department

6201 15^th Avenue

Brooklyn, New York 11219

PLEASE PRINT ALL INFORMATION CLEARLY AND LEGIBLY.

FORM 1-EXERCISE OF SUBSCRIPTION RIGHTS		FORM 3-RESERVED
To subscribe for shares pursuant to your Basic Subscription Right, please complete lines (a) and (c) and sign under Form 4 below.  To subscribe for shares pursuant to your Over-Subscription Right, please also complete line (b) and sign under Form 4 below.  To the extent you subscribe for more Shares than you are entitled under either the Basic Subscription Right or the Over-Subscription Right, you will be deemed to have elected to purchase the maximum number of shares for which you are entitled to subscribe under the Basic Subscription Right or Over-Subscription Right, as applicable.		FORM 4-SIGNATURE
		TO SUBSCRIBE: I acknowledge that I have received the Prospectus for this Rights Offering and I hereby irrevocably subscribe for the number of shares indicated above on the terms and conditions specified in the Prospectus.  I agree to cooperate with the Company and provide to the Company any and all information requested by the Company in connection with the exercise of the rights granted in the previous sentence.
(a) EXERCISE OF BASIC SUBSCRIPTION RIGHT: I apply for ______________ shares x $3.86  per share ($11.58 per Subscription Right)                    (no. of new shares)          (subscription price)          (amount enclosed) (b) EXERCISE OF OVER-SUBSCRIPTION RIGHT If you have exercised your Basic Subscription Right in full and wishto subscribe for additional shares pursuant to your Over-Subscription Right:		Signature(s): _____________________________________________________                                                       IMPORTANT: The signature(s) must correspond with the name(s) as printed on the reverse of this Subscription Rights Certificate in every particular, without alteration or enlargement, or any other change whatsoever. FORM 5-RESERVED
I apply for ______________ shares x $3.86 per share  ($11.58 per Subscription Right)                   (no. of new shares)           (subscription price)          (amount enclosed) (c) Total Amount of Payment Enclosed   =   $__________________ METHOD OF PAYMENT (CHECK ONE)
☐	Check or bank draft payable to “American Stock Transfer & Trust Company, LLC as Subscription Agent.”
☐	Wire transfer of immediately available funds directly to the account maintained by American Stock Transfer & Trust Company, LLC, as Subscription Agent, for purposes of accepting subscriptions in this Rights Offering at JPMorgan Chase Bank, 55 Water Street, New York, New York 10005, ABA #021000021, Account # 530-354616 American Stock Transfer FBO Magal Security Systems Ltd., with reference to the rights holder's name.

FORM  2-RESERVED

FOR INSTRUCTIONS ON THE USE OF SAMPLE CORPORATION SUBSCRIPTION RIGHTS CERTIFICATES, CONSULT D.F. KING & CO. INC., THE INFORMATION AGENT, AT (888-626-0988).

EX-99.2

Exhibit 99.2

MAGAL SECURITY SYSTEMS LTD.

INSTRUCTIONS AS TO USE OF

SUBSCRIPTION RIGHTS CERTIFICATES

The following instructions relate to a rights offering (the “Rights Offering”) by Magal Security Systems Ltd., an Israeli company (“Magal”), to the holders of its ordinary shares, as described in Magal’s prospectus dated September 7, 2016 (the “Prospectus”).  Each holder of record of ordinary shares at the close of business on September 9, 2016 (the “Record Date”) will receive one subscription right (the “Subscription Right”) for every eight ordinary shares held by it at the Record Date.  Subscription Rights to purchase up to an aggregate of 6,170,386 ordinary shares of Magal, par value NIS 1.00 per share (“Ordinary Shares”), are being distributed in connection with the Rights Offering.  Each whole Subscription Right entitles the holder, upon payment of $11.58 in cash (the “Subscription Price”), to purchase three Ordinary Shares (reflecting a price of $3.86 per Ordinary Share) (the “Subscription Right”).  In addition, each Subscription Right also carries the right to subscribe at the Subscription Price for additional unsubscribed Ordinary Shares (to the extent available and subject to proration) (the “Over-Subscription Right”).  See “The Rights Offering” in the Prospectus supplement.

No fractional Subscription Rights or cash in lieu thereof will be issued or paid.  Fractional Subscription Rights will be rounded down to the nearest whole number, with such adjustments as may be determined at the sole discretion of the Company which are necessary to ensure that it offers 6,170,386  Ordinary Shares in the Rights Offering.

The Subscription Rights will expire at 5:00 p.m., New York City Time (midnight, Israeli time), on September 30, 2016 (the “Expiration Date”).  Any rights not exercised at or before that time will expire worthless without any payment to the holders of those unexercised rights.

The number of Subscription Rights to which you are entitled is printed on the face of your Subscription Certificate.  You should indicate your wishes with regard to the exercise of your Subscription Rights by completing the appropriate section on the back of your Subscription Certificate and returning the Subscription Certificate to the Subscription Agent in the envelope provided.

Your Subscription Certificate must be received by the Subscription Agent on or before the Expiration Date.  Payment of the Subscription Price of all Subscription Rights exercised, including Subscription Rights pursuant to the Over-Subscription Right, must be received by the Subscription Agent on or before the Expiration Date.  You cannot revoke your exercise of either your Subscription Right or Over-Subscription Right at any time prior to the expiration of the Rights Offering.  In case you hold Subscription Rights through a broker or other nominee, you should verify with your broker or nominee by when you must deliver your instruction.  See also Section 6 below.

1. Subscription Rights.

If you are a record owner of our Ordinary Shares, you may exercise your rights by delivering a signed exercise form on the back of your Subscription Certificate to American Stock Transfer & Trust Company, LLC, our Subscription Agent, at the address noted below together with payment in full of the subscription price for each right being exercised, by 5:00 p.m., New York City time (midnight, Israel time), on September 30, 2016.

We and American Stock Transfer & Trust Company, LLC, our Subscription Agent, as applicable, may refuse to accept improperly completed or delivered or unexecuted Subscription Certificates.  We and American Stock Transfer & Trust Company, LLC, our Subscription Agent, as applicable, must receive payment in full of the Subscription Price for each Right being exercised together with the exercise form.

If you are delivering your completed Subscription Certificate and payment for the exercise of your Rights to American Stock Transfer & Trust Company, LLC, our Subscription Agent, please do so by mail, overnight or hand delivery at the following address:

American Stock Transfer & Trust Company, LLC

6201 15th Avenue

Brooklyn, New York 11219

Attention: Reorganization Department

Record owners who reside in Israel, and who wish to deliver their completed Subscription Certificates and subscription payment for the exercise of their rights directly to us, should do so by mail, overnight or hand delivery to the following address:

Magal Security Systems Ltd.

P.O. Box 70, Industrial Zone, Yehud 56100, Israel

Attention: Chief Financial Officer

American Stock Transfer & Trust Company, LLC, our Subscription Agent, will only accept payment in U.S. dollars.  Any payments to American Stock Transfer & Trust Company, LLC, as Subscription Agent, must be made in U.S. dollars by a bank check drawn on a United States or foreign bank or branch and payable to “American Stock Transfer & Trust Company, LLC, as Subscription Agent,” or by wire transfer of funds to the account maintained by American Stock Transfer & Trust Company, LLC, our Subscription Agent, for this rights offering at JPMorgan Chase Bank, 55 Water Street, New York, New York 10005, ABA #021000021, Account # 530-354616 American Stock Transfer FBO Magal Security Systems Ltd., with reference to the rights holder’s name.

THE METHOD OF DELIVERY OF THE SUBSCRIPTION CERTIFICATE AND THE PAYMENT OF THE SUBSCRIPTION PRICE TO THE SUBSCRIPTION AGENT IS AT YOUR ELECTION AND RISK.  IF YOU SEND YOUR SUBSCRIPTION CERTIFICATE AND PAYMENT BY MAIL, THEN THEY SHOULD BE SENT BY REGISTERED MAIL, PROPERLY INSURED, WITH RETURN RECEIPT REQUESTED.  A SUFFICIENT NUMBER OF DAYS SHOULD BE ALLOWED TO ENSURE DELIVERY TO THE SUBSCRIPTION AGENT PRIOR TO THE EXPIRATION DATE.

2.          Acceptance of Payments.  Payments will be deemed to have been received by the Subscription Agent only upon the (i) receipt by the Subscription Agent of a bank check payable in U.S. dollars drawn upon a United States of foreign bank or branch; or (ii) receipt by the Subscription Agent of confirmation from its bank that a wire transfer has been received.

3.          Effect of Over - and Underpayments.  If you do not indicate the number of Ordinary Shares to be subscribed for on your Subscription Certificate or if you indicate a number of Ordinary Shares that does not correspond with the aggregate Subscription Price payment you delivered, you will be deemed to have subscribed for the maximum number of Ordinary Shares that may be subscribed for, under both the Subscription Right and the Over-Subscription Right, for the aggregate Subscription Price you delivered.  If we do not apply your full Subscription Price payment to your purchase of Ordinary Shares, then we will return the excess amount to you by mail, without interest or deduction, as soon as practicable after the Expiration Date. If you subscribe for fewer than all of the Ordinary Shares represented by your Subscription Certificate, then the unexercised Subscription Rights will become null and void on the Expiration Date.

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4.          Execution.

(a) Execution By Registered Holder.  The signature on the Subscription Certificate must correspond with the name of the registered holder exactly as it appears on the face of the Subscription Certificate without any alteration or change whatsoever.  Persons who sign the Subscription Certificate in a representative or other fiduciary capacity must indicate their capacity when signing and, unless waived by the Subscription Agent in its sole and absolute discretion, must present to the Subscription Agent satisfactory evidence of their authority so to act.

(b) Execution By Person Other Than Registered Holder.  If the Subscription Certificate is executed by a person other than the holder named on the face of the Subscription Certificate, proper evidence of authority of the person executing the Subscription Certificate must accompany the same unless the Subscription Agent, in its discretion, dispenses with proof of authority.

5.          Delivery of Share Certificates, Etc.  The issuance of Ordinary Shares purchased in the rights offering will be made not later than October 3, 2016 (the “Issuance Date”).  The following deliveries and payments to you will be made to the address shown on the face of your Subscription Certificate unless you provide instructions to the contrary on the back of your Subscription Certificate:

(a) Share Certificates.  The Subscription Agent will mail to each validly-exercising Subscription Rights holder who is a record holder certificates representing Ordinary Shares purchased pursuant to the Subscription Right and the Over-Subscription Right.

(b) Excess Payments.  If you exercised your Over-Subscription Right and are allocated less than all of the Ordinary Shares for which you wished to over-subscribe, then your excess Subscription Price payment for Ordinary Shares that were not allocated to you will be returned to you by mail, without interest or deduction, as soon as practicable after the Issuance Date.

6.          To Exercise Subscription Rights through a Bank or Broker.  If you are a beneficial owner of our Ordinary Shares and hold them through a broker, dealer, bank or other nominee (including a member of The Depository Trust Company (“DTC”), rather than in your own name, you should expect your broker, dealer or other nominee to notify you of this Rights Offering and the procedures for exercising or transferring your Subscription Rights.  If you wish to exercise your Subscription Rights, you should contact your nominee to exercise your Subscription Rights sufficiently in advance of the expiration date of the Rights Offering in order to ensure timely delivery of a Subscription Certificate reflecting your exercise.  Your nominee will instruct you as to the proper time and form of payment of the Subscription Price.  In that case, the nominee will complete the Subscription Certificate on behalf of the record date shareholder and arrange for proper payment.

7.          Procedures for DTC (The Depository Trust Company) Participants.  In the case of holders of Subscription Rights that are held of record through DTC, exercises of the Subscription Right and the Over-Subscription Right may be effected by instructing DTC to transfer Subscription Rights from the DTC account of such holder to the DTC account of the Subscription Agent, together with certification as to the aggregate number of Subscription Rights you are exercising and the number of Ordinary Shares you are subscribing for under your Subscription Right and your Over-Subscription Right, if any, and your Subscription Price payment for each Ordinary Share that you subscribed for pursuant to your Subscription Right and your Over-Subscription Right.

8.          Substitute Form W-9.  Each Rights holder who elects to exercise the Subscription Rights through the Subscription Agent and who is a U.S. person should provide the Subscription Agent with a correct Taxpayer Identification Number (“TIN”) and, where applicable, certification of such Rights holder’s exemption from backup withholding on Substitute Form W-9, which is included in this package of subscription materials.  Each Rights holder who elects to exercise the Subscription Rights through the Subscription Agent and who is not a U.S. person should provide the Subscription Agent with certification of such Rights holder’s foreign status on a Form W-8.  Additional copies of the Substitute Form W-9 and copies of Form W-8 may be obtained upon request from the Subscription Agent at the address indicated above.  Failure to provide the information on the form may subject such holder to federal income tax withholding with respect to any proceeds received by such Rights holder.

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MUST BE COMPLETED BY TENDERING HOLDER(S) WHO ARE U.S. PERSONS

PAYER’S NAME:  Magal Security Systems Ltd.

SUBSTITUTE	Part 1 - PLEASE PROVIDE YOUR TIN IN THE BOX AT RIGHT AND	TIN:
Form W-9	CERTIFY BY SIGNING AND DATING BELOW	Social Security Number or
Department of the Treasury		Employer Identification Number
Internal Revenue Service
Payer’s Request for Taxpayer	Part 2 - TIN Applied for      ☐
Identification Number (“TIN”)

Certification: Under penalties of perjury, I certify that:

(1) the number shown on this form is my correct Taxpayer Identification Number (or I am waiting for a number to be issued to me);

(2) I am not subject to backup withholding either because (a) I am exempt from backup withholding or (b) I have not been notified by the Internal Revenue Service (the “IRS”) that I am subject to backup withholding as a result of a failure to report all interest or dividends or (c) the IRS has notified me that I am no longer subject to backup withholding; and

(3) I am a U.S. person (including a U.S. resident alien).

Certification Instructions - You must cross out item (2) above if you have been notified by the IRS that you are subject to backup withholding because of underreporting of interest or dividends on your tax return. However, if after being notified by the IRS that you were subject to backup withholding, you received another notification from the IRS that you were no longer subject to backup withholding, do not cross out item (2). (Also see instructions in the attached Guidelines.)

  SIGNATURE   DATE

NOTE: FAILURE TO COMPLETE AND RETURN THIS FORM MAY RESULT IN BACKUP WITHHOLDING ON ANY PAYMENTS MADE TO YOU IN CONNECTION WITH THE RIGHTS OFFERING.  PLEASE REVIEW THE ENCLOSED GUIDELINES FOR CERTIFICATION OF TAXPAYER IDENTIFICATION NUMBER ON SUBSTITUTE FORM W-9 FOR ADDITIONAL DETAILS.

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YOU MUST COMPLETE THE FOLLOWING CERTIFICATE IF YOU ARE AWAITING (OR WILL SOON APPLY FOR) A TAXPAYER IDENTIFICATION NUMBER

CERTIFICATE OF AWAITING TAXPAYER IDENTIFICATION NUMBER

I certify under penalties of perjury that a taxpayer identification number has not been issued to me, and either (a) I have mailed or delivered an application to receive a taxpayer identification number to the appropriate Internal Revenue Service Center or Social Security Administration Office or (b) I intend to mail or deliver an application in the near future.  I understand that if I do not provide a taxpayer identification number before reportable payments are made, all reportable payments made to me will be subject to backup withholding until I provide such number.

  SIGNATURE   DATE

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GUIDELINES FOR CERTIFICATION OF TAXPAYER IDENTIFICATION

NUMBER ON SUBSTITUTE FORM W-9

Guidelines for Determining the Proper Identification Number for the Payee (You) to Give the Payer.

Social security numbers have nine digits separated by two hyphens: i.e., 000-00-0000. Employee identification numbers have nine digits separated by only one hyphen: i.e., 00-0000000. All “Section” references are to the Internal Revenue Code of 1986, as amended. “IRS” is the Internal Revenue Service.

The table below will help determine the taxpayer identification number to give the payer.

For this type of account			Give the SOCIAL SECURITY number of -	For this type of account	Give the EMPLOYER IDENTIFICATION number of
1.  Individual			The individual	6.  Sole proprietorship	The owner3
2.  Two or more individuals (joint account)			The actual owner of the account, or if combined funds, the first individual on the account1	7.  A valid trust, estate, or pension trust	The legal entity4
3.  Custodian account of a minor (Uniform Gift to Minors Act)			The minor2	8.  Corporate	The corporation
4.  a. The usual revocable savings trust          account (grantor is also trustee)      b. So-called trust account that is not a          legal or valid trust under state law			The grantor-trustee1 The actual owner1	9.  Association, club, religious,      charitable, educational,      or other tax-exempt organization	The organization
5.  Sole proprietorship			The owner3	10. Partnership	The partnership
				11. A broker or registered nominee	The broker or nominee
				12.  Account with the        Department of Agriculture        in the name of a public entity        (such as a state or local government,         school district, or prison)         that receives agricultural         program payments	The public entity
	(1)	List first and circle the name of the person whose number you furnish. If only one person on a joint account has a social security number, that person’s number must be furnished.

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(2) Circle the minor’s name and furnish the minor’s social security number.

(3) You must show your individual name, but you may also enter your business or “doing business as” name. You may use either your social security number or your employer identification number (if you have one).

(4) List first and circle the name of the legal trust, estate, or pension trust. (Do not furnish the taxpayer identification number of the personal representative or trustee unless the legal entity itself is not designated in the account title.)

Note: If no name is circled when there is more than one name, the number will be considered to be that of the first name listed.

GUIDELINES FOR CERTIFICATION OF TAXPAYER IDENTIFICATION

NUMBER ON SUBSTITUTE FORM W-9

Obtaining a Number

If you don’t have a taxpayer identification number or you don’t know your number, obtain Form SS-5, Application for a Social Security Card, at the local Social Security Administration office, or Form SS-4, Application for Employer Identification Number, by calling 1 (800) TAX-FORM, and apply for a number.

Payees Exempt from Backup Withholding

Payees specifically exempt from backup withholding include:

☐ An organization exempt from tax under Section 501(a), an individual retirement account (IRA), or a custodial account under Section 403(b)(7), if the account satisfies the requirements of Section 401(f)(2).

☐ The United States or a state thereof, the District of Columbia, a possession of the United States, or a political subdivision or wholly-owned agency or instrumentality of any one or more of the foregoing.

☐ An international organization or any agency or instrumentality thereof.

Payees that may be exempt from backup withholding include:

☐ A corporation.

☐ A financial institution.

☐ A dealer in securities or commodities required to register in the United States, the District of Columbia, or a possession of the United States.

☐ A real estate investment trust.

☐ A common trust fund operated by a bank under Section 584(a).

☐ An entity registered at all times during the tax year under the Investment Company Act of 1940.

☐ A middleman known in the investment community as a nominee or who is listed in the most recent publication of the American Society of Corporate Secretaries, Inc., Nominee List.

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☐ A futures commission merchant registered with the Commodity Futures Trading Commission.

☐ A foreign central bank of issue.

Payments of dividends and patronage dividends generally exempt from backup withholding include:

☐ Payments to nonresident aliens subject to withholding under Section 1441.

☐ Payments to partnerships not engaged in a trade or business in the United States and that have at least one nonresident alien partner.

☐ Payments of patronage dividends not paid in money.

☐ Payments made by certain foreign organizations.

☐ Section 404(k) payments made by an ESOP.

Payments of interest generally exempt from backup withholding include:

☐ Payments of interest on obligations issued by individuals. Note: You may be subject to backup withholding if this interest is $600 or more and you have not provided your correct taxpayer identification number to the payer.

☐ Payments of tax-exempt interest (including exempt- interest dividends under Section 852).

Payments described in Section 6049(b)(5) to nonresident aliens.

Payments on tax-free covenant bonds under Section 1451.

☐ Payments made by certain foreign organizations.

☐ Mortgage interest paid to you.

Certain payments, other than payments of interest, dividends, and patronage dividends, that are exempt from information reporting are also exempt from backup withholding. For details, see the regulations under Sections 6041, 6041A, 6042, 6044, 6045, 6049,6050A and 6050N.

Exempt payees described above must file Form W-9 or a substitute Form W-9 to avoid possible erroneous backup withholding. FURNISH YOUR TAXPAYER IDENTIFICATION NUMBER, WRITE “EXEMPT” ON THE FACE THEREOF, SIGN AND DATE THE FORM, AND RETURN IT TO THE PAYER.

Privacy Act Notice

Section 6109 requires you to provide your correct taxpayer identification number to payers, who must report the payments to the IRS. The IRS uses the number for identification purposes and may also provide this information to various government agencies for tax enforcement or litigation purposes. Payers must be given the numbers whether or not recipients are required to file tax returns. Payers must generally backup withhold on taxable interest, dividend, and certain other payments to a payee who does not furnish a taxpayer identification number to a payer. Certain penalties may also apply.

Penalties

(1) Failure to Furnish Taxpayer Identification Number - If you fail to furnish your taxpayer identification number to a payer, you are subject to a penalty of $50 for each such failure unless your failure is due to reasonable cause and not to willful neglect.

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(2) Civil Penalty for False Information With Respect to Withholding - If you make a false statement with no reasonable basis that results in no backup withholding, you are subject to a $500 penalty.

(3) Criminal Penalty for Falsifying Information - Willfully falsifying certificates or affirmations may subject you to criminal penalties including fines and/or imprisonment.

FOR ADDITIONAL INFORMATION CONTACT YOUR TAX CONSULTANT

OR THE INTERNAL REVENUE SERVICE

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EX-99.3

Exhibit 99.3

Magal Security Systems Ltd.

P.O. Box 70, Industrial Zone, Yehud 56100, Israel

September 14, 2016

To holders of ordinary shares of Magal Security Systems Ltd.:

Enclosed are the prospectus supplement and other materials relating to a Rights Offering by Magal Security Systems Ltd.  Please carefully review the prospectus, which describes how you can participate in the Rights Offering.  You will be able to exercise your subscription rights to purchase ordinary shares only during a limited period.  You should also refer to the detailed Instructions as to Use of Subscription Certificates, which is attached to this letter.  All exercises of subscription rights are irrevocable.

The following is a summary of the terms of the Rights Offering:

☐ You will receive one non-transferable subscription right for every eight ordinary shares you hold of record at the close of business on September 9, 2016.  We will not issue fractional subscription rights or cash in lieu of fractional subscription rights.  Fractional subscription rights will be rounded down to the nearest whole number

☐ You may purchase three ordinary shares, par value NIS 1.00 of Magal Security Systems Ltd. for each whole subscription right you receive at a subscription price of $11.58 (reflecting a price of $3.86 per ordinary share).

☐ If you exercise in full the subscription rights issued to you, you may subscribe for additional ordinary shares through the Over-Subscription right, as more fully described in the prospectus supplement.

☐ The Rights Offering will expire at 5:00 p.m., New York City Time (midnight, Israel time), on September 30, 2016. We may not extend the expiration date of the Rights Offering. If you do not exercise your subscription rights before that time, they will expire and will have no monetary value.

☐ You cannot revoke or change the exercise of either your Subscription Rights or Over-Subscription Rights.

☐ If your ordinary shares are held in the name of a bank, dealer or other nominee, you must contact your bank, dealer or other nominee if you wish to participate in the Rights Offering.

If you have any questions concerning the Rights Offering, please feel free to contact us at (972) 3-5391444 or the Information Agent for the Rights Offering, D.F. King & Co. Inc., toll free at :888-626-0988.

Very truly yours,

MAGAL SECURITY SYSTEMS LTD.

EX-99.4

Exhibit 99.4

Magal Security Systems Ltd.

P.O. Box 70, Industrial Zone, Yehud 56100, Israel

September 14, 2016

 To Securities Dealers, Commercial Banks, Trust Companies, and Other Nominees:

This letter is being distributed to securities dealers, commercial banks, trust companies and other nominees in connection with the Rights Offering by Magal Security Systems Ltd. (“Magal”) of an aggregate of  6,170,386  ordinary shares, par value NIS 1.00, of Magal (“Ordinary Shares”) at a subscription price of $11.58 (reflecting a price of $3.86 per Ordinary Share) (the “Subscription Price”), pursuant to the exercise of non-transferable subscription rights (“Subscription Rights”) distributed to all holders of record of Ordinary Shares of Magal as of the close of business on September 9, 2016 (the “Record Date”).  The Subscription Rights are described in the enclosed prospectus and evidenced by a Subscription Certificate registered in your name or in the name of your nominee.

Each beneficial owner of Ordinary Shares registered in your name or the name of your nominee is entitled to one Subscription Right for every eight Ordinary Shares owned by such beneficial owner on the Record Date (the “Subscription Rights”).  Each Subscription Right also carries the right to over-subscribe at the Subscription Price for additional Ordinary Shares (subject to proration if necessary) up to the total amount of Ordinary Shares remaining upon completion of the Subscription Rights.  Holders of Ordinary Shares will not receive fractional Subscription Rights, but instead Subscription Rights will be rounded down to the nearest whole number.

We are asking you to contact your clients for whom you hold Ordinary Shares registered in your name or in the name of your nominee as of the Record Date to obtain instructions with respect to the Subscription Rights.

Enclosed are copies of the following documents:

1. Prospectus;

2. Subscription Rights Certificate;

3. Instructions as to Use of Subscription Certificates;

4. Form of Letter to Clients of Nominee Holders;

5. Form of Beneficial Owner Election Form; and

6. Form of Nominee Holder Certification.

Your prompt action is requested.  The Subscription Rights will expire at 5:00 P.M., New York City Time, on September 30, 2016 (the “Expiration Date”).

To exercise Subscription Rights, properly completed and executed Subscription Certificates and payment in full for all Subscription Rights exercised must be delivered to the Subscription Agent as indicated in the prospectus supplement prior to the Expiration Date.

Additional copies of the enclosed materials may be obtained by contacting us at (972) 3-5391444 or the Information Agent for the Rights Offering, D.F. King & Co. Inc., toll free at :888-626-0988.

Very truly yours,

MAGAL SECURITY SYSTEMS LTD.

EX-99.5

Exhibit 99.5

[Letterhead of Dealer, Bank, Trust Company or Nominee]

September ___, 2016

To our clients:

Enclosed are the prospectus supplement and other materials relating to a Rights Offering by Magal Security Systems Ltd. (“Magal”).  Please carefully review the prospectus supplement, which describes how you can participate in the Rights Offering.  You will be able to exercise your subscription rights to purchase additional ordinary shares only during a limited period.  You should also refer to the detailed Instructions as to Use of Subscription Rights Certificates, which is attached to this letter.  All exercises of the Rights are irrevocable.

The following is a summary of the terms of the Rights Offering:

☐ You will receive one non-transferable subscription right for every eight ordinary shares you hold of record at the close of business on September 9, 2016.  Fractional subscription rights will be rounded down to the nearest whole number.

☐ You may purchase three ordinary shares, par value NIS 1.00 of Magal for each whole subscription right you receive at a subscription price of $11.58 (reflecting a price of $3.86 per ordinary share).

☐ The Rights Offering will expire at 5:00 p.m., New York City Time (midnight, Israeli time), on September 30,  2016 (the “Expiration Date”).  If you do not exercise your subscription rights before that time, they will expire and will have no monetary value.

☐ You cannot revoke your exercise of your subscription rights at any time prior to the expiration of the Rights Offering.

THE MATERIALS ENCLOSED ARE BEING FORWARDED TO YOU AS THE BENEFICIAL OWNER OF ORDINARY SHARES HELD BY US IN YOUR ACCOUNT BUT NOT REGISTERED IN YOUR NAME.  EXERCISES OF SUBSCRIPTION RIGHTS MAY BE MADE ONLY BY US AS THE RECORD OWNER AND PURSUANT TO YOUR INSTRUCTIONS.  Accordingly, we request instructions as to whether you wish us to elect to subscribe for any ordinary shares to which you are entitled pursuant to the terms and subject to the conditions set forth in the enclosed prospectus supplement and other materials.  We urge you to read the prospectus supplement and other enclosed materials carefully before instructing us to exercise your subscription rights.

Your instructions to us should be forwarded as promptly as possible in order to permit us to exercise subscription rights on your behalf in accordance with the provisions of the Rights Offering.  The Rights Offering will expire at 5:00 p.m., New York City Time (midnight, Israel time), on the Expiration Date, so you are encouraged to forward your instructions to us before the Expiration Date to allow us ample time to act upon your instructions.

If you wish to have us, on your behalf, exercise the subscription rights, please so instruct us by timely completing, executing, and returning to us the Beneficial Owner Election Form attached to this letter.

With respect to any instructions to exercise (or not to exercise) subscription rights, the enclosed Beneficial Owner Election Form must be completed and returned such that it will be actually received by us by 5:00 p.m., New York City Time (midnight, Israel time), on September __, 2016.

Please indicate whether you wish to receive a separate subscription rights certificate issued to you by checking the appropriate box.

☐   Yes     ☐   No

If you have any questions concerning the Rights Offering, please feel free to contact us at [].

Very truly yours,

[                      ]

EX-99.6

Exhibit 99.6

BENEFICIAL OWNER ELECTION FORM

INSTRUCTIONS

To [______________]:

The undersigned acknowledge(s) receipt of your letter and the enclosed materials referred to therein relating to the offering of ordinary shares, par value NIS 1.00 (the “Ordinary Shares”), of Magal Security Systems Ltd. (the “Company”).

With respect to any instructions to exercise (or not to exercise) Subscription Rights, the undersigned acknowledges that this form must be completed and returned such that it will actually be received by you by 5:00 p.m., New York City Time (midnight, Israeli time), on September __, 2016.

This will instruct you whether to exercise Subscription Rights to purchase Ordinary Shares distributed with respect to the Ordinary Shares held by you for the account of the undersigned, pursuant to the terms and subject to the conditions set forth in the prospectus supplement and the related “Instructions as to Use of Subscription Rights Certificates.”

Box 1. ☐  Please DO NOT EXERCISE SUBSCRIPTION RIGHTS for Ordinary Shares.

Box 2. ☐  Please EXERCISE SUBSCRIPTION RIGHTS for Ordinary Shares as set forth below.

The number of Subscription Rights for which the undersigned gives instructions for exercise under the Basic Subscription Right should not exceed the number of Subscription Rights that the undersigned is entitled to exercise.

	Number of Rights (Each Consisting of Three (3) Ordinary Shares)		Per Right Subscription Price		Payment
Subscription Right:		x	$11.58	=	$
Over-Subscription Right:		x	$11.58	=	$
Total Payment Required:					$

Box 3. ☐  Payment in the following amount is enclosed $_____________ .

Box 4. ☐  Please deduct payment from the following account maintained by you as follows:

Type of Account		Account No.
Amount to be deducted:	$
Date:
		Signature(s)
		Please type or print name(s) below

EX-99.7

Exhibit 99.7

FORM OF NOMINEE HOLDER CERTIFICATION

MAGAL SECURITY SYSTEMS LTD.

The undersigned, a bank, broker, trustee, depositary, or other nominee of non-transferable subscription rights (the “Subscription Rights”) to purchase ordinary shares, par value NIS 1.00 per share (the “Ordinary Shares”), of Magal Security Systems Ltd. (the “Company”) pursuant to the Subscription Rights Offering described and provided for in the Company’s Prospectus dated September 7, 2016, hereby certifies to the Company and to American Stock Transfer & Trust Company, LLC, as Subscription Agent for such Subscription Rights Offering, that (1) the undersigned has exercised, on behalf of the beneficial owners thereof (which may include the undersigned), the number of Subscription Rights specified below pursuant to the Subscription Right (as defined in the “Instructions as to Use of Subscription Rights Certificates”) and, on behalf of beneficial owners of Subscription Rights who have subscribed for the purchase of additional Ordinary Shares pursuant to the Over-Subscription Right, the number of shares specified below pursuant to the Over-Subscription Right (as defined in the “Instructions as to Use of Subscription Rights Certificates”), listing separately below each such exercised Subscription Right and the corresponding Over-Subscription Right (without identifying any such beneficial owner), and (2) to the extent a beneficial owner has elected to subscribe for shares pursuant to the Over-Subscription Right, each such beneficial owner’s Subscription Right has been exercised in full:

	Number of Shares Owned on the Record Date	Number of Shares Subscribed for Pursuant to Subscription Right	Number of Shares Subscribed for Pursuant to Over-Subscription Right
1.
2.
3.
4.

	Name of Nominee Holder		DTC Participant Number
By:
	Name:    Title:    Phone Number: Fax Number:		DTC Basic Subscription    Confirmation Numbers
		Dated:

EX-99.8

Exhibit 99.8

17 Altalef St. PO Box 70, Yehud Industrial Zone 56100, Israel

Magal Announces Commencement of Rights Offering

Yehud, Israel – September 7, 2016 – Magal Security Systems Ltd. (NASDAQ: MAGS) announced today that it has commenced a rights offering for approximate gross proceeds of $24 million. Magal has granted, at no charge to the holders of record of its Ordinary Shares, par value NIS 1.00 per share, as of 5:00 p.m., New York City time, on September 9, 2016, the record date for the rights offering, one non-transferable subscription right for each eight (8) Ordinary Shares owned.

Each subscription right entitles the holder to purchase three (3) Ordinary Shares at a subscription price of $11.58 (reflecting a price of $3.86 per Ordinary Share). In addition, holders of subscription rights who fully exercise their basic subscription rights are entitled to oversubscribe for additional Ordinary Shares that remain unsubscribed as a result of any unexercised basic subscription rights.

The rights offering is expected to expire at 5:00 p.m., New York City time, on September 30, 2016, subject to earlier termination.

Magal intends to use the net proceeds from this offering for general corporate purposes focused on growing our business, including through acquisitions or investments in complementary companies or technologies.

Magal controlling shareholders, certain limited partnerships managed by FIMI, have informed  the Company that they intend to exercise their subscription rights in full and, may elect, (and to the extent applicable), to exercise the over-subscription rights to such extent that FIMI’s holdings do not equal or exceed 50% of our voting rights following the exercise of such rights.

The terms of the rights offering are more fully described in the prospectus filed with the U.S. Securities and Exchange Commission (“SEC”).

Promptly following the record date, Magal will mail rights certificates and copies of the prospectus to all record holders. Magal shareholders who hold through a broker, bank or other nominee will have the rights credited to their accounts at such nominee.

Magal has filed a Registration Statement on Form F-1, which has been declared effective by the SEC, and the rights offering is being effected by means of a prospectus forming part of such registration statement.

This release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of any securities referred to in this press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

A copy of the prospectus or further information with respect to the rights offering may be obtained by contacting D.F. King & Co., Inc., the Information Agent. Shareholders may contact D.F. King & Co., Inc. toll free at 888-626-0988.

ABOUT MAGAL

Magal is a leading international provider of solutions and products for physical and cyber security, as well as safety and site management. Over the past 45 years, Magal has delivered tailor-made security solutions and turnkey projects to hundreds of satisfied customers in over 80 countries – under some of the most challenging conditions.

Magal offers comprehensive integrated solutions for critical sites, managed by Fortis4G – our 4th generation, cutting-edge PSIM (Physical Security Information Management system). The solutions leverage our broad portfolio of homegrown PIDS (Perimeter Intrusion Detection Systems), advanced VMS with native IVA and Cyber Security solutions.

Forward Looking Statements

Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Such statements are based on assumptions and expectations which may not be realized and are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, financial and otherwise, may differ from the results discussed in the forward-looking statements. A number of these risks and other factors that might cause differences, some of which could be material, along with additional discussion of forward-looking statements, are set forth in Magal's reports filed from time to time with the Securities and Exchange Commission, including its Annual Report on Form 20-F, Current Reports on Form 6-K, the Registration Statement on Form F-1 and prospectus relating to the rights offering.

For more information:

Magal Security Systems Ltd. Saar Koursh, CEO Tel: +972 3 539 1421 Assistant: Ms. Elisheva Almog E-mail: elishevaa@magal-s3.com Web:www.magal-s3.com   GK Investor RelationsEhud Helft / Gavriel FrohweinTel: (US) +1 646 688 3559E-mail: magal@gkir.com