-----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, TGvT6h6U4Ny2fMu2Zh/pPgiSDCB+BvxzMpVnOfK9yiq36cW83M90ICYGEvqj5sHS CQQIFtQkOm6p7SeYFg1unQ== 0000950123-99-008210.txt : 19990903 0000950123-99-008210.hdr.sgml : 19990903 ACCESSION NUMBER: 0000950123-99-008210 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990902 FILED AS OF DATE: 19990902 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PARADIGM GEOPHYSICAL LTD CENTRAL INDEX KEY: 0000931131 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: SEC FILE NUMBER: 000-29538 FILM NUMBER: 99705544 BUSINESS ADDRESS: STREET 1: GAV-YAM CENTER NO.3 STREET 2: 9 SHENKAR STREET CITY: ISRAEL STATE: L3 ZIP: 46120 BUSINESS PHONE: 2818763473 MAIL ADDRESS: STREET 1: TWO ALLEN CENTER STREET 2: 1200 SMITH STREET STE 2100 CITY: HOUSTON STATE: TX ZIP: 77002 6-K 1 PARADIGM GEOPHYSICAL LTD. 1 FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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 1999 PARADIGM GEOPHYSICAL LTD. ------------------------- (Translation of Registrant's Name into English) Shenkar Street 9, Gav Yam Center No.3, P.O.B. 2061 Herzlia B, Israel 46120 -------------------------------------------------------------------------- (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....X.... Form 40-F........ 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........ No....X.... If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-..................... 2 Attached to the Registrant's Form 6-K for the month of September 1999 and incorporated by reference herein are the Registrant's minutes of the Annual General Meeting of Shareholders duly convened and held at the Registrant's offices on August 31, 1999. 3 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. PARADIGM GEOPHYSICAL LTD. (Registrant) By: /s/ Brian Berman Brian Berman Chief Financial Officer Dated: September 2, 1999 4 EXHIBIT INDEX Exhibit No. Description 99 Minutes from the Annual General Meeting of Shareholders EX-99 2 MINUTES FROM THE ANNUAL GENERAL MEETING 1 Exhibit 99 PARADIGM GEOPHYSICAL LTD. M I N U T E S OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS DULY CONVENED AND HELD AT THE OFFICES OF THE COMPANY IN HERZLIYA PITUACH ON AUGUST 31, 1999 AT 10.00 AM. PRESENT: Eldad Weiss - Chairman and CEO Brian Berman - CFO Ian Rostowsky - Efrati Galili, Corporate Counsel Asher Zwebner - Kost Forer and Gabbay, Company Auditor Morty Lazar - shareholder David Brief - shareholder Jonathan Keller - Company Secretary The Shareholders listed in the attached schedule, by proxy to Eldad Weiss and Brian Berman. The Chairman opened the meeting at 10.15 am. and declared that a quorum was present. RESOLVED : 1. To elect the following nominees as directors; Mr. Jack Dunietz, Mr. Erel Margalit, Mr. Elie Barr, Dr. Amos Nur, Mr. Jay. D. Seid, Mr. Michael Geiger, Dr. Mordechai Abir. FOR: 9,628,695 AGAINST: 500 ABSTAIN: UNVOTED: 2. To adopt the following resolution as a Special Resolution: "To ratify the conversion of all Class A Preferred Shares of NIS 0.5 nominal value each, Class B Preferred Shares of NIS 0.5 nominal value each, , Class C Preferred Shares of NIS 0.5 nominal value each and Class C-1 Preferred Shares of NIS 0.5 nominal value each, into Ordinary Shares NIS 0.5 nominal value each of the Company at a ratio of one (1) Ordinary Share for each one (1) Preferred Share". FOR: 9,620,685 AGAINST: 900 ABSTAIN: 400 UNVOTED: 7,210 3. To approve the action of the Compensation Committee to reduce the exercise price of 30,000 options granted to the Chief Executive Officer of the Company under the 1997 Executive Stock Option Plan from $ 9 to $ 7 per Ordinary Share; FOR: 8,322,655 AGAINST: 1,299,330 ABSTAIN: 400 UNVOTED: 7,210 4. To ratify the appointment of Kost, Forer & Gabbay as the Company's independent auditors for the fiscal year 1999; FOR: 9,629,195 AGAINST: ABSTAIN: UNVOTED: 5. To approve the Auditor's Report, the Directors' Report and the Consolidated Financial Statements of the Company for the fiscal year 1998. FOR: 9,629,195 AGAINST: ABSTAIN: UNVOTED: There being no further business the meeting was closed. /s/ ELDAD WEISS - --------------------------- ELDAD WEISS CHAIRMAN -----END PRIVACY-ENHANCED MESSAGE-----