UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month of June 2016
Commission File Number: 001-13138
Pointer
Telocation Ltd.
(Translation of registrant's name into English)
14 Hamelacha Street, Rosh Ha'ayin, Israel
4809133
(Address of principal executive offices)
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 x 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 x
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________
Pointer Telocation Ltd.
EXPLANATORY NOTE
On June 29, 2016, Pointer Telocation Ltd. issued a press release announcing the completion of the spin-off of its subsidiary Shagrir Group Vehicle Services Ltd.
A copy of this press release is annexed hereto as Exhibit 99.1 and is incorporated herein by reference.
Signatures
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.
POINTER TELOCATION LTD. | ||
Date: June 29, 2016 | By: | /s/ Yossi Ben Shalom |
Yossi Ben Shalom | ||
Chairman of the Board of Directors | ||
EXHIBIT INDEX
Exhibit No. | Description |
99.1 | Press Release |
Exhibit 99.1
For Immediate Release
Pointer Completes Spin-Off of Shagrir
Rosh HaAyin, Israel June 29, 2016. Pointer Telocation Ltd. (Nasdaq Capital Market: PNTR) announced that it has completed the previously announced spin-off of its subsidiary Shagrir Group Vehicle Services Ltd. (“Shagrir”) on June 28, 2016. The shares of Shagrir commenced trading on the Tel Aviv Stock Exchange on June 28, 2016 under the symbol “SHGR”. Following the completion of the spin-off, none of the ordinary shares of Shagrir are held by Pointer.
Of the7,792,444 ordinary shares of Shagrir available for distribution to holders of Pointer ordinary shares in connection with the spin-off, 230,989 ordinary shares of Shagrir were deposited with ESOP Management and Trust Services Ltd., as the escrow agent for unidentified shareholders. Shareholders of Pointer who were entitled to ordinary shares of Shagrir pursuant to the distribution, but failed to provide the details of an applicable account in which to deposit such shares, should contact the escrow agent at esop-helpdesk@esop.co.il. For further information as to how to claim such shares, shareholders of Pointer are advised to see the Information Statement attached as Exhibit 99.1 to the Current Report on Form 6-K furnished to the United States Securities and Exchange Commission on May 27, 2016.
About Pointer Telocation:
Pointer Telocation is a leading provider of technology and services to the automotive and insurance industries, offering a set of services including Mobile Resource Management, Fleet Management and Stolen Vehicle Recovery. Pointer has a growing list of customers and products installed in 50 countries. Cellocator, a Pointer Products Division, is a leading AVL (Automatic Vehicle Location) solutions provider for stolen vehicle retrieval, fleet management, car & driver safety, public safety, vehicle security and more.
The Company's top management and the development center are located in the Afek Industrial Area of Rosh Ha'ayin, Israel.
For more information: http://www.pointer.com