UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No. ________)*
 
CaesarStone Ltd.
(Name of Issuer)
 
Ordinary Shares, nominal value NIS 0.04 per share
(Title of Class of Securities)
 
M20598 104
 (CUSIP Number)
 
December 31, 2018
(Date of Event which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐  Rule 13d-1(b)
☒ Rule 13d-1(c)
☐ Rule 13d-1(d)
 
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 

 
CUSIP No. M20598 104
13G
Page 2 of 6 Pages

1
NAMES OF REPORTING PERSONS
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 

MIFALEI SDOT-YAM AGRICULTURAL COOPERATIVE SOCIETY LTD.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a) ☒ (*)
   
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 

Israel
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 

0
 
 
 
 
6
SHARED VOTING POWER
 
 

11,440,000
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 

11,440,000
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 

0
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 

11,440,000
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 

32.5%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 
CO (**)
 
 
 
 


(*) The Reporting Person may be deemed a member of a group for purposes of this Schedule 13G. The other member of the group is Tene Investments in Projects 2016 Limited Partnership (“Tene”). The Reporting Person is separately filing this report on Schedule 13G from the other member of the group.
(**) The Reporting Person is an agricultural cooperative society, a unique Israeli corporation founded in order to promote interaction between its members, to improve their living conditions, their mutual businesses (mainly agriculture) and their manufacturing methods.


 
CUSIP No. M20598 104
13G
Page 3 of 6 Pages

Item 1.
 
 
(a)
Name of Issuer
CaesarStone Ltd.
 
   
 
(b)
Address of Issuer’s Principal Executive Offices
Kibbutz Sdot-Yam, MP Menashe 38805, Israel
 
Item 2.
 
 
(a)
Name of Person Filing
MIFALEI SDOT-YAM AGRICULTURAL COOPERATIVE SOCIETY LTD.
 
   
 
(b)
Address of the Principal Office or, if none, residence
Kibbutz Sdot-Yam, MP Menashe 3780400, Israel
 
   
 
(c)
Citizenship
Israel
 
   
 
(d)
Title of Class of Securities
Ordinary Shares, NIS 0.04 par value per share
 
   
 
(e)
CUSIP Number
M20598 104
 
Item 3.  If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
 
 
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
 
     
 
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
 
     
 
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
 
     
 
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
 
     
 
(e)
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
 
     
 
(f)
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
 
     
 
(g)
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
 
     
 
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
     
 
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
 
     
 
(j)
Group, in accordance with §240.13d-1(b)(1)(ii)(J).
 


CUSIP No. M20598 104
13G
Page 4 of 6 Pages

Item 4.  Ownership.
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
 
 
(a)
 
Amount beneficially owned:  11,440,000
 
 
         
 
(b)
 
Percent of class:  32.5%
 
 
         
 
(c)
 
Number of shares as to which the person has:  11,440,000
 
 
         
 
 
 
(i)
Sole power to vote or to direct the vote: 0
 
 
         
 
 
 
(ii)
Shared power to vote or to direct the vote: 11,440,000.
 
 
         
 
 
 
(iii)
Sole power to dispose or to direct the disposition of: 10,440,000.
 
 
         
 
 
 
(iv)
Shared power to dispose or to direct the disposition of: 0.
 
 
Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
 
Item 5.  Ownership of Five Percent or Less of a Class.
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.
 
Instruction. Dissolution of a group requires a response to this item.
 
Item 6.  Ownership of More than Five Percent on Behalf of Another Person.
 
N/A
 
Item 7.  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
 
N/A
 
Item 8.  Identification and Classification of Members of the Group.
 
The Reporting Person may be deemed a member of a group for purposes of this Schedule 13G. The other member of the group is Tene Investments in Projects 2016 Limited Partnership (“Tene”). The Reporting Person is separately filing this report on Schedule 13G from the other member of the group.
 
Item 9.  Notice of Dissolution of Group.
 
 N/A
 
Item 10.  Certification.
 
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.


CUSIP No. M20598 104
13G
Page 5 of 6 Pages

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 13, 2019
  Date
 
 
/s/ Amit Ben Tzvi
  Signature
 
 
Business Manager
  Name/Title
   
 
 
February 13, 2019
  Date
 
 
/s/ Tom Pardo Izhaki
  Signature
 
 
Director of Finance
  Name/Title




EXHIBIT NO.
DESCRIPTION
 
Exhibit 1
Attorney's Certification dated February 13, 2019 certifying the signature authority of person(s) signing on behalf of MIFALEI SDOT YAM AGRICULTURAL COOPERATIVE SOCIETY LTD.
 


 


Exhibit 1
  
Attorney's Certification

I the undersigned, Meirav Peleg Sela, the attorney of MIFALEI SDOT-YAM AGRICULTURAL COOPERATIVE SOCIETY LTD., hereby certify as follows:
 

1.
The above composition of signatures is binding on MIFALEI SDOT-YAM AGRICULTURAL COOPERATIVE SOCIETY LTD. in respect of the attached report.
 

2.
The above authorized signatories signed this document before me and were identified by me in person according to an identity card, as required by and in accordance with the Prohibition on Money Laundering Law, 5760-2000 and the orders pursuant thereto.
 

3.
The resolution concerning MIFALEI SDOT-YAM AGRICULTURAL COOPERATIVE SOCIETY LTD.'s authorized signatories was duly adopted, in accordance with MIFALEI SDOT-YAM AGRICULTURAL COOPERATIVE SOCIETY LTD.'s incorporation documents.

February 13, 2019  
/s/ Meirav Peleg Sela
Date


 
Meirav Peleg Sela, Adv.
Lic. No. 59475
Attorney (signature & stamp)