- Report of Foreign Issuer (6-K)
November 09 2009 - 9:18AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN
PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15a-16 OF
THE SECURITIES EXCHANGE ACT OF
1934
Report on Form 6-K dated November 9, 2009
Partner Communications Company Ltd.
(Translation of
Registrants Name Into English)
8 Amal Street
Afeq
Industrial Park
Rosh Haayin 48103
Israel
(Address of Principal Executive Offices)
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(Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.)
Form 20-F
x
Form 40-F
o
(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
o
No
x
(If Yes is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-_________________)
Enclosure:
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Partner
Communications Announces Dividend Distribution of NIS 1.94 per Share for the
Third Quarter of 2009
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PARTNER COMMUNICATIONS ANNOUNCES DIVIDEND
DISTRIBUTION OF NIS 1.94 PER SHARE FOR THE
THIRD QUARTER OF 2009
Rosh Haayin, Israel, November
09, 2009
Partner Communications Company Ltd. (Partner or the
Company) (NASDAQ and TASE: PTNR), a leading Israeli mobile communications operator
,
announced today that its Board of Directors approved the distribution of a dividend for
the third quarter of 2009 of NIS 1.94 (US 52 cents) per share or ADS (in a total of
approximately NIS 300 million or US$ 80 million) to shareholders and ADS holders of record
on November 25, 2009. The dividend is expected to be paid on December 10, 2009.
The Company is currently reviewing
its dividend policy for 2010. The Company is also considering a capital reduction in order
to distribute a one-time dividend of over NIS 1 billion. If approved by the Board of
Directors and the applicable court, the contemplated capital reduction will likely take
place during the first quarter of 2010.
Forward-Looking Statements
This press release includes
forward-looking statements within the meaning of Section 27A of the US Securities Act of
1933, as amended, Section 21E of the US Securities Exchange Act of 1934, as amended, and
the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995.
Words such as believe, anticipate, expect,
intend, seek, will, plan,
could, may, project, goal,
target and similar expressions often identify forward-looking statements but
are not the only way we identify these statements. All statements other than statements of
historical fact included in this press release regarding our future performance, plans to
increase revenues or margins or preserve or expand market share in existing or new
markets, reduce expenses and any statements regarding other future events or our future
prospects, are forward-looking statements.
2
We have based these forward-looking
statements on our current knowledge and our present beliefs and expectations regarding
possible future events. These forward-looking statements are subject to risks,
uncertainties and assumptions about Partner, consumer habits and preferences in cellular
telephone usage, trends in the Israeli telecommunications industry in general, the impact
of current global economic conditions and possible regulatory and legal developments. For
a description of some of the risks we face, see Item 3D. Key Information Risk
Factors, Item 4. Information on the Company, Item 5.
Operating and Financial Review and Prospects, Item 8A. Consolidated
Financial Statements and Other Financial Information Legal and Administrative
Proceedings and Item 11. Quantitative and Qualitative Disclosures about Market
Risk in the form 20-F filed with the SEC on April 27, 2009. In light of these risks,
uncertainties and assumptions, the forward-looking events discussed in this press release
might not occur, and actual results may differ materially from the results anticipated. We
undertake no obligation to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
The convenience translations of the
Nominal New Israeli Shekel (NIS) figures into US Dollars were made at the rate of exchange
prevailing at September 30, 2009: US $1.00 equals NIS 3.758. The translations were made
purely for the convenience of the reader.
3
About Partner
Communications
Partner Communications Company Ltd.
(Partner) is a leading Israeli provider of telecommunications services
(cellular, fixed-line telephony and internet services) under the orange brand. The
Company provides mobile communications services to over 3 million subscribers in Israel
(as of September 30, 2009). Partners ADSs are quoted on the NASDAQ Global Select
Market and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE:
PTNR).
Partner is an approximately 45%-owned
subsidiary of Scailex Corporation Ltd. (Scailex). Scailexs shares are
traded on the Tel Aviv Stock Exchange under the symbol SCIX and are quoted on Pink
Quote under the symbol SCIXF.PK. Scailex currently operates in three major domains
of activity: 1) the exclusive import, distribution and maintenance of Samsung mobile
handset and accessories products primarily to the three major cellular operators in
Israel; 2) distribution and sale of various manufacturers mobile handsets,
accessories and provision of maintenance services, through a chain of retail stores and
booths (Dynamic), to end customers of Cellcom Israel (as part of the
acquisition of the controlling stake in Partner, Scailex announced to Cellcom the
termination of the distribution agreement through Dynamic, effective July 1, 2010) and;
(3) management of its financial assets.
For more information about Scailex,
see http://www.scailex.com
For more information about Partner,
see http://www.orange.co.il/investor_site/.
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Contacts:
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Mr. Emanuel Avner
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Mr. Oded Degany
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Chief Financial Officer
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V.P. Corporate Development, Strategy and IR
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Tel: +972-54-7814951
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Tel: +972-54-7814151
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Fax: +972-54-7815961
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Fax: +972-54 -7814161
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E-mail:
emanuel.avner@orange.co.il
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E-mail:
oded.degany@orange.co.il
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4
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this Current Report to be signed on its behalf by the undersigned, thereunto duly
authorized.
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Partner Communications Company Ltd.
By: /s/ Emanuel Avner
Emanuel Avner
Chief Financial Officer
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Dated: November 9, 2009
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