ISRAEL DISCOUNT BANK LTD. - PERIODIC REPORT 2021
Securities Regulations (Periodic and Immediate Reports), 5730-1970
Below are Details of the Sections of the Report According to the Order of the Regulations:
Regulation | |
List of Investments in Subsidiaries and Affiliated Companies as at Balance Sheet Date | 11 |
Changes in Investments in Subsidiaries and Affiliated Companies in the Reporting Period | 12 |
Profits of Subsidiaries and Affiliated Companies and Income Therefrom in the Reporting Period | 13 |
Credit Balances | 14 |
Trading on the Stock Exchange | 20 |
Remuneration to Interested Parties and to Senior Officers | 21 |
Control of the Corporation | 21 A |
The Corporation's Shares and Other Securities Held by Each Interested Party of the Corporation | 24 (a) |
Holdings of Interested Parties in the Shares and Other Securities in Each Investee Company of the Corporation | 24 (b) |
Authorized Share Capital, Issued Capital and Convertible Securities | 24 A |
Shareholders' Register of the Corporation | 24 B |
Registered Address | 25 A |
Details of Directors | 26 |
Details of Senior Officers | 26 A |
Details of the Independent Auditors | 27 |
Change in the Memorandum or Articles of Association | 28 |
Recommendations of the Directors to the General Meeting and Their Resolutions Not Requiring the General Meeting's | |
Approval, on Topics as Prescribed in the Regulation | 29 (a) |
Resolutions Adopted by the General Meeting That are Not in Accordance with the Board of Directors' Recommendations | 29 (b) |
Resolutions of a Special General Meeting | 29 (c) |
Resolutions of the Corporation on Topics, as Prescribed in the Regulation | 29 A |
Signatures | 5 |
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ISRAEL DISCOUNT BANK LTD. - PERIODIC REPORT 2021
Securities Regulations (Periodic and Immediate Reports), 5730-1970
Regulation 11 - List of Investments in Subsidiaries and Affiliated Companies as at December 31, 2021
Holding Rate ** | Stock | |||||||||||
Balance | Exchange | |||||||||||
Cost in | Sheet Value | Closing | ||||||||||
Reported | in Reported | Market | ||||||||||
Share | Amounts | Amounts | Price | |||||||||
No. on | as at | as at | Of | as at | ||||||||
the Stock | Class | Number | Par | December | December | Of | Voting | December | ||||
Exchange | of Share | of Shares | Value | 31, 2021* | 31, 2021* | Capital | Rights | 31, 2021 | ||||
In NIS | In NIS | In NIS | In NIS | |||||||||
thousands | thousands | In % | In % | thousands | ||||||||
A. In shares and convertible capital notes | ||||||||||||
Subsidiaries and affiliated companies in Israel | ||||||||||||
Mercantile Discount | ||||||||||||
Bank Ltd. | Ordinary A shares | 62,215 | 6,222 | 392,900 | 3,769,090 | 100.00 | 100.00 | - | ||||
Ordinary B shares | 62,055 | 6,205 | - | - | - | - | - | |||||
Ordinary shares | 1,599 | 16 | - | - | - | - | - | |||||
Discount Leasing Ltd. | Ordinary shares | 2,000,000 | 2,000,000 | 16,375 | 104,542 | 100.00 | 100.00 | - | ||||
Discount Manpikim Ltd. | Ordinary shares | 8,000,000 | 8,000 | 66,588 | 65,617 | 100.00 | 100.00 | - | ||||
Discount Trust Ltd. | Ordinary shares | 1,250 | 1,250 | 1,243 | 2,674 | 100.00 | 100.00 | - | ||||
Discount Gemel Ltd. | Ordinary shares | 2,799,999 | 2,799,999 | 4,177 | 5,286 | 100.00 | 100.00 | - | ||||
Founders shares | 1 | 1 | - | - | - | - | - | |||||
Tafnit Discount Asset | ||||||||||||
Management Ltd. | Ordinary shares | 876,812 | 876,812 | 1,267 | 16,904 | 69.00 | 69.00 | - | ||||
Discount Capital Ltd. | Ordinary shares | 6,121,999 | 6,121,999 | 94,250 | 1,171,064 | 100.00 | 100.00 | - | ||||
Founders shares | 1 | 1 | - | - | - | - | - | |||||
Discount Mortgage | ||||||||||||
Home Insurance Agency | ||||||||||||
(2005) Ltd. | Ordinary shares | 2,182 | 2,182 | - | 1,722 | 100.00 | 100.00 | - | ||||
"Badal" Computer and | ||||||||||||
Management Services | ||||||||||||
Ltd. | Ordinary shares | 150,500 | 150,500 | 212,305 | 187,053 | 100.00 | 100.00 | - | ||||
Nidbach Real Estate and | ||||||||||||
Investments Ltd. | Ordinary shares | 255,000 | 255,000 | 145,947 | 231,828 | 100.00 | 100.00 | - | ||||
Israel Discount Bank | ||||||||||||
Nominee Company Ltd. | Ordinary shares | 5,000 | 1 | 31 | 1,246 | 100.00 | 100.00 | - | ||||
Har Levy Properties Ltd. | Ordinary shares | 11 | - | - | - | 100.00 | 100.00 | - | ||||
Tzir Trading Company | ||||||||||||
Ltd. | Ordinary shares | 200 | - | - | - | 100.00 | 100.00 | - | ||||
Ordinary shares of | - | |||||||||||
Israel Credit Cards Ltd. | NIS 0.0001 | 788,561 | 79 | 391,950 | 1,732,886 | 71.83 | 79.00 | |||||
Management A | ||||||||||||
shares | 56 | - | - | - | - | - | - | |||||
Management B | ||||||||||||
shares | 1 | - | - | - | - | - | - | |||||
PayBox Ltd. | Ordinary shares | 50,100 | 501 | 9,998 | 39,389 | 50.10 | 50.10 | - | ||||
Management | ||||||||||||
shares | 50,100 | 501 | - | - | - | - | - | |||||
Casponet Ltd. (1) | Ordinary shares | 1,000 | 1,000 | - | 3,294 | 20.00 | 20.00 | - | ||||
Bank Clearing Center | Ordinary shares | |||||||||||
Ltd. | 6,250,000 | 6,250 | 759 | 34,892 | 25.00 | 25.00 | - | |||||
Bank Safe Deposit | Ordinary A shares | |||||||||||
Boxes Ltd. | 300,000 | 3,000 | 4,313 | 678 | 50.00 | 50.00 | - | |||||
HopOn Mobility Israel | Ordinary shares | Not having a | ||||||||||
Ltd | 4,000 | par value | 50 | 163 | 20.00 | 20.00 | - | |||||
Unitech Technologies | ||||||||||||
Ltd. | Preferred shares | 5,500 | 5,500 | 12,294 | - | 20.00 | 20.00 | - | ||||
FIMI 2001 Ltd. | 20.00 | 20.00 | ||||||||||
FIMI Israel Opportunity | ||||||||||||
Fund L.P. | - | - | - | 7,449 | - | 20.00 | 20.00 | - | ||||
FIMI Opportunity Fund | ||||||||||||
L.P. | - | - | - | 5,516 | - | 20.00 | 20.00 | - | ||||
Subsidiaries overseas | ||||||||||||
Discount Bancorp Inc. | Ordinary shares | 50,000 | $5,000,000 | 914,816 | 3,602,835 | 100.00 | 100.00 | |||||
Discount Reinsurance | Ordinary | |||||||||||
International Limited | shares | 500,000 | $500,000 | 2,243 | 6,248 | 100.00 | 100.00 |
- Solely for direct holding.
- Directly or indirectly.
Footnote:
- The Bank holds 10% of the capital and voting rights and Israel Credit Cards Ltd. holds 10% of the capital and voting rights.
3
ISRAEL DISCOUNT BANK LTD. - PERIODIC REPORT 2021
Securities Regulations (Periodic and Immediate Reports), 5730-1970
Regulation 11 - List of Investments in Subsidiaries and Affiliated Companies as at December 31, 2021
Balance | Holding Rate ** | |||||||
Cost in | Sheet Value | |||||||
Reported | in Reported | |||||||
Share | Amounts | Amounts | ||||||
No. on | as at | as at | Of | |||||
the Stock | Class | Number | Par | December | December | Of | Voting | |
Exchange | of Share | of Shares | Value | 31, 2021* | 31, 2021* | Capital | Rights | |
In NIS | In NIS | In NIS | ||||||
thousands | thousands | In % | In % |
A. In shares and convertible capital notes
Investee companies of Mercantile Discount Bank Ltd.
Ordinary | |||||
Marbit Insurance Agency (1996) Ltd. | shares | 100 | 100 | 100.00 | 100.00 |
Ordinary | |||||
Tafnit Discount Asset Management Ltd. | shares | 876,812 | 876,812 | 31.00 | 31.00 |
Ordinary | |||||
Mercantile Hanpakot Ltd. | shares | 375,000 | 37,500 | 100.00 | 100.00 |
Investee companies of Discount Capital Ltd. | |||||
I.F. The International Fund | Ordinary | ||||
(Advisors) Ltd. (3) | shares | 100 | 100 | 100.00 | 100.00 |
Ordinary | |||||
Discount Underwriting and Issuing Ltd. | shares | 5,641,693 | 5,641,693 | 64.23 | 100.00 |
Ordinary | |||||
D.C.M. Venture Management Ltd. | shares | 100 | 100 | 100.00 | 100.00 |
Ordinary | |||||
Menif - Financial Services Ltd. | shares | 10,508,400 | 10,508,400 | 17.40 | 14.30 |
Ordinary | |||||
Ginegar Plastic Products Ltd. | shares | 2,299,000 | 2,299,000 | 15.50 | 20.00 |
Ordinary | |||||
ImageSat International Ltd. | shares | 846,235 | 846,235 | 17.17 | 17.17 |
Ordinary | |||||
Mlrn projects & trading Ltd. | shares | 3,474,138 | 3,474,138 | 13.00 | 14.30 |
Ordinary | |||||
Marina Group Ltd | shares | 1,648 | 1,648 | 16.50 | 16.70 |
Ordinary | |||||
Even Hachachamim Ltd. | shares | 1,600,000 | 1,600,000 | 20.00 | 20.00 |
Ordinary | |||||
Tomatech seeds Ltd. | shares | 948,182 | 9,482 | 18.50 | 16.70 |
Ordinary | |||||
Rav Ofek Ltd. (3) | shares | 2,019 | 2,019 | 19.90 | 20.00 |
Ordinary | |||||
Vitalife Life Sciences Ltd. | shares | 1,000 | 10 | 20.00 | 20.00 |
Investee companies of Israel Credit Cards Ltd. | |||||
Ordinary | |||||
Diners Club Israel Ltd. | shares | 10,000 | 10,000 | 100.00 | 100.00 |
Diners Club Israel Ltd. | Preferred | 1 | 10 | ||
Ordinary | |||||
Diners (Financing) Ltd.(2) | shares | 1,000 | 1,000 | 100.00 | 100.00 |
Ordinary | |||||
CAL (Financing) Ltd. | shares | 100,000 | 100,000 | 100.00 | 100.00 |
D.K. Credit Management and Marketing | Ordinary | ||||
Company Ltd. (3) | shares | 19,999 | 20 | 100.00 | 100.00 |
Ordinary | |||||
Iatzil Finance Ltd. | shares | 100,000 | 1,000 | 100.00 | 100.00 |
Casponet Ltd. (1) | |||||
Ordinary | |||||
CAL (Deposits) Ltd. | shares | 1,000 | 1,000 | 100.00 | 100.00 |
Ordinary | |||||
Shlomo C.A.L Ltd. | shares | 2,000 | 2,000 | 20.00 | 20.00 |
- Solely for direct holding.
- Directly or indirectly. Footnotes:
- See above under the Bank's direct holding.
- A subsidiary of Diners Club Israel Ltd.
- In voluntary liquidation.
4
ISRAEL DISCOUNT BANK LTD. - PERIODIC REPORT 2021
Securities Regulations (Periodic and Immediate Reports), 5730-1970
Regulation 11 - List of Investments in Subsidiaries and Affiliated Companies as at December 31, 2021
Balance | Holding Rate ** | ||||||||
Sheet | |||||||||
Cost in | Value in | ||||||||
Reported | Reported | ||||||||
Share | Amounts | Amounts | |||||||
No. on | as at | as at | Of | ||||||
the Stock | Class | Number | Par | December | December | Of | Voting | ||
Exchange | of Share | of Shares | Value | 31, 2021* | 31, 2021* | Capital | Rights | ||
In NIS | In NIS | In NIS | In % | ||||||
thousands | thousands | In % |
A. In shares and convertible capital notes
Investee companies of Discount Bancorp Inc.
Ordinary | |||||
Israel Discount Bank of New York U.S.A. | shares | 752,589 | 75,258,900 | 100.00 | 100.00 |
Ordinary | |||||
IDB Real Estate Holdings Inc.(1) | shares | 20 | 100 | 100.00 | 100.00 |
IDBNY Realty (Delaware) Inc.(1)(2) | Ordinary | ||||
shares | 1,000 | 10 | 100.00 | 100.00 | |
Preferred | |||||
shares | 1,000 | 1,000,000 | |||
Ordinary | |||||
IDB Capital Corp.(1) | shares | 10,000 | 1,000,000 | 100.00 | 100.00 |
IDB Realty LLC(2) | Ordinary | ||||
shares | 1,000 | 10 | 100.00 | 100.00 | |
Preferred | |||||
shares | 1,000 | 1,000,000 | |||
Ordinary | |||||
DB Properties, Inc. | shares | 6,000 | 300,000 | 100.00 | 100.00 |
- Solely for direct holding.
-
Directly or indirectly. Footnotes:
(1) Subsidiary of Israel Discount Bank of New York.
(2) Subsidiary of IDBNY Delaware (Realty) Inc.
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Israel Discount Bank Limited published this content on 09 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2022 07:10:03 UTC.