SCHEDULE: Y.D. More Investments Ltd. and Affiliates Report Over 20% Ownership in TAT Technologies Ltd.
Schedule 13G Amendment
Y.D. More Investments Ltd. and affiliated entities file Schedule 13G amendment, reporting beneficial ownership of over 20% of TAT Technologies Ltd.'s ordinary shares as of December 31, 2024.
Summary
- Y.D. More Investments Ltd. and related entities, including More Provident Funds & Pension Ltd. and More Mutual Funds Management (2013) Ltd., have filed an amendment to their Schedule 13G.
- The filing reports their beneficial ownership of ordinary shares in TAT Technologies Ltd. as of December 31, 2024.
- Y.D. More Investments Ltd., B.Y.M. More Investments Ltd., Eli Levy, Yosef Levy, Benjamin Meirov, Yosef Meirov, Michael Meirov, and Dotan Meirov each report beneficial ownership of 1,213,859 shares, representing 11.2% of the class.
- More Mutual Funds Management (2013) Ltd. reports beneficial ownership of 887,365 shares, representing 8.2% of the class.
- More Provident Funds & Pension Ltd. reports beneficial ownership of 314,778 shares, representing 2.9% of the class.
- More Investment House Portfolio Management Ltd. reports beneficial ownership of 11,716 shares, representing 0.1% of the class.
- The filing indicates shared voting power for the reported shares.
Sentiment
Score: 5
Explanation: The document is a regulatory filing, so the sentiment is neutral. It simply reports ownership positions.
Future Outlook
The document does not contain specific forward-looking statements regarding TAT Technologies Ltd.'s future performance or the reporting persons' intentions beyond the disclosure of their current ownership positions.
Industry Context
Schedule 13G filings are standard practice for investors holding more than 5% of a company's shares, indicating significant ownership and potential influence. This filing provides transparency regarding the ownership structure of TAT Technologies Ltd.
Stakeholder Impact
- The filing informs shareholders of TAT Technologies Ltd. about the significant ownership stake held by Y.D. More Investments Ltd. and its affiliates.
- This information can influence investor perception and potentially impact the company's stock price.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement |
| 01/23/2025 | Date of signatures on the Schedule 13G amendment |
Keywords
Schedule 13G, Beneficial Ownership, TAT Technologies Ltd, Y.D. More Investments Ltd, Shareholding, Ordinary Shares, Investment
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