CUSIP No. M2196U109
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13G
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Page 2 of 8 Pages
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1
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NAME OF REPORTING PERSONS
The Phoenix Holdings Ltd.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
(a) ☐
(b) ☒
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
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5
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SOLE VOTING POWER
---
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6
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SHARED VOTING POWER
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7
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SOLE DISPOSITIVE POWER
---
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8
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SHARED DISPOSITIVE POWER
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See instructions)
☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
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12
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TYPE OF REPORTING PERSON (See instructions)
CO
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(*) The beneficial ownership of the securities reported herein is described in Item 4(a).
(**) Based on 164,905,255 Ordinary Shares outstanding as of December 31, 2022 (as reported on Bloomberg LP).
Item 1. |
(a) |
Name of Issuer:
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Cellcom Israel Ltd.
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(b) |
Address of Issuer's Principal Executive Offices:
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10 Hagavish Street Netanya L3 42140
Item 2. |
(a) |
Name of Person Filing: |
The Phoenix Holdings Ltd.
The securities reported herein are beneficially owned by various direct or indirect, majority or wholly-owned subsidiaries of the Phoenix Holdings Ltd. (the “Subsidiaries”). The
Subsidiaries manage their own funds and/or the funds of others, including for holders of exchange-traded notes or various insurance policies, members of pension or provident funds, unit holders of mutual funds, and portfolio management clients.
Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions.
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(b) |
Address of Principal Business Office:
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The address of the Phoenix Holdings Ltd. is Derech Hashalom 53, Givataim, 53454, Israel.
The Phoenix Holdings Ltd. - Israel
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(d) |
Title of Class of Securities:
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Ordinary Shares, par value NIS 0.01 per share
M2196U109
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(a) |
Amount beneficially owned:
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See row 9 of cover page of each reporting person.
Each of the Subsidiaries operates under independent management and makes its own independent voting and investment decisions. Neither the filing of this
Schedule 13G nor any of its contents shall be deemed to constitute an admission by either the Filing Persons or Subsidiaries that a group exists for purposes of Section 13(d) of the Securities Exchange Act of 1934 or for any other purpose, and each
reporting person disclaims the existence of any such group. In addition, each of the Filing Persons and Subsidiaries disclaims any beneficial ownership of the securities covered by this report in excess of their actual pecuniary interest
therein. This Statement shall not be construed as an admission by the Filing Persons or Subsidiaries that they are the beneficial owners of any of the Ordinary Shares covered by this Statement.
As of December 31, 2022, the securities reported herein were held as follows:
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Ordinary Shares
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Percentage of total Ordinary Shares outstanding
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Excellence "nostro" accounts
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Excellence provident funds
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--
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--
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Excellence trust funds
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3,217,326.85
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1.95
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%
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Excellence ETF's
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--
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--
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The Phoenix "nostro" accounts
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1,657,240
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1.00
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%
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The Phoenix pension and provident funds
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37,606
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0.02
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%
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Linked insurance policies of Phoenix
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27,621
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0.02
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%
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Partnership for Israeli shares (1)
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9,873,408
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5.99
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%
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Partnership for investing in shares indexes (1)
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71,197.88
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0.04
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%
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Partnership for international shares (1)
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--
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--
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(1) All ownership rights in this partnership belong to companies that are part of Phoenix Group. The amount of ownership rights held by such companies in the partnership
changes frequently according to a mechanism provided in the partnership agreement.
See row 11 of cover page of each reporting person
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(c) |
Number of shares as to which such person has:
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(i) |
Sole power to vote or to direct the vote:
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See row 5 of cover page of each reporting person
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(ii) |
Shared power to vote or to direct the vote:
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See row 6 of cover page of each reporting person and note in Item 4(a) above
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(iii) |
Sole power to dispose or to direct the disposition of:
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See row 7 of cover page of each reporting person
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(iv) |
Shared power to dispose or to direct the disposition of:
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See row 8 of cover page of each reporting person and note in Item 4(a) above
Item 5. |
Ownership of Five Percent or Less of a Class:
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Not applicable.
Item 6. |
Ownership of More than Five Percent on Behalf of Another:
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Not applicable.
Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:
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Not applicable.
Item 8. |
Identification and Classification of Members of the Group:
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Not applicable.
Item 9. |
Notice of Dissolution of Group:
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Not applicable.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the
effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
February 14, 2023
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The Phoenix Holdings Ltd. |
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/s/ Eli Schwartz |
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By:
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Eli Schwartz* |
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Title: |
Executive Vice President - Chief Financial Officer
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/s/ Haggai Schreiber |
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By: |
Haggai Schreiber*
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Title: |
Executive Vice President - Chief Investment Officer
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* Signature duly authorized by resolution of the Board of Directors, notice of which is attached as Exhibit 1 to this Schedule 13G.