As filed with the Securities and Exchange Commission on
Registration No. 333-
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
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MAGIC SOFTWARE ENTERPRISES LTD.
(Exact name of registrant as specified in its charter)
Israel None
(State or other jurisdiction of
incorporation or organization) (I.R.S. Employer IdentificationNo.)
5 HaPlada Street, Or-Yehuda, Israel 60218
(Address of Principal Executive Offices) (Zip Code)
2000 EMPLOYEE STOCK OPTION PLAN, AS AMENDED
(Full title of the plan)
Magic Software Enterprises Inc.
Attn: Oren Inbar, Chief Executive Officer
1642 Kaiser Avenue
Irvine, California 92714
(Name and address of agent for service)
(949) 250-1718
(Telephone number, including area code, of agent for service)
Copies to:
Steven J. Glusband, Esq. Amit Birk Adv.
Carter, Ledyard & Milburn Magic Software Enterprises Ltd.
2 Wall Street 5 Haplada Street
New York, New York 10005 Or-Yehuda 60218, Israel
(212) 732-3200 972-3-538-9322
CALCULATION OF REGISTRATION FEE
=========================== ================== ==================== ==================== ================
Proposed maximum
Title of securities to be Amount to be Proposed maximum aggregate offering Amount of
registered registered offering price per price registration
share fee
=========================== ================== ==================== ==================== ================
--------------------------- ------------------ -------------------- -------------------- ----------------
Ordinary Shares, par
value NIS 0.1 per share.... 1,000,000 shares
$5.99 (1) $5,990,000 $758.93 (2)
--------------------------- ------------------ -------------------- -------------------- ----------------
--------------------------- ------------------ -------------------- -------------------- ----------------
Total.................
1,000,000 shares $5.99 (1) $5,990,000 $758.93 (2)
--------------------------- ------------------ -------------------- -------------------- ----------------
(1) Calculated pursuant to Rule 457(h) and (c) on the basis of the average of
the high and low prices ($6.11 and $5.87) of an ordinary share as quoted on the
Nasdaq National Market System on March 5, 2004.
(2) Calculated pursuant to Section 6(b) of the Securities Act of 1933 as
follows: proposed maximum aggregate offering price multiplied by .0001267.
This Registration Statement shall become effective immediately upon filing as
provided in Rule 462 under the Securities Act of 1933.
2
EXPLANATORY NOTE
The purpose of this Registration Statements is to register
additional Ordinary Shares for issuance under the Registrant's 2000
Employee Stock Option Plan, as amended and restated. In accordance with
General Instruction E of Form S-8, the contents of the Registrant's
Registration Statement on Form S-8 (File No. 333-104377) filed with the
Securities and Exchange Commission (the "Commission") on March 8, 2001,
are incorporated herein by reference and the information required by
Part II is omitted, except as supplemented by the information set forth
below.
3
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the
Registrant certifies that it has reasonable grounds to believe that it meets the
requirements for filing on Form S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in Or Yehuda, Israel on March 8, 2004.
MAGIC SOFTWARE ENTERPRISES LTD.
By: /s/ Menachem Hasfari
-----------------------------------
Menachem Hasfari
Chief Executive Officer
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears
below constitutes and appoints Menachem Hasfari and David Assia, and each of
them severally, his true and lawful attorney-in-fact, and agent each with power
to act with or without the other, and with full power of substitution and
resubstitution, to execute in the name of such person, in his capacity as a
director or officer of Magic Software Enterprises Ltd., any and all amendments
to this Registration Statement on Form S-8 and all instruments necessary or
incidental in connection therewith, and to file the same with the Securities and
Exchange Commission, hereby ratifying and confirming all that each of said
attorneys-in-fact, or their substitutes, may do or cause to be done by virtue
hereof.
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed on March 8, 2004, by the following
persons in the capacities indicated.
4
Signature Title
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/s/David Assia Chairman of the Board of Directors and
-------------------------------- Director
David Assia
/s/ Menachem Hasfari Chief Executive Officer
--------------------------------
Menachem Hasfari
/s/Guy Bertsein Acting Chief Financial Officer
--------------------------------
Guy Bertsein
/s/ Dan Goldstein Director
--------------------------------
Dan Goldstein
/s/Jacob Tanenbaum Director
--------------------------------
Jacob Tanenbaum
/s/Gad Goldstein Director
--------------------------------
Gad Goldstein
/s/ Naamit Salomon Director
----------------------------------
Naamit Salomon
/s/Yigal Berman Outside Director
--------------------------------
Yigal Berman
/s/ Shlomit Golan Outside director
--------------------------------
Shlomit Golan
Magic Software Enterprises Inc. Authorized Representative in the
/s/ Oren Inbar United States
--------------------------------
Oren Inbar
5
EXHIBIT INDEX
Exhibit No.
5 Opinion of Amit Birk, Adv.
23.1 Consent of Amit Birk, Adv. (included in Exhibit (5))
23.2 Consent of Kost, Forer, Gabbay & Kasierer
23.3 Consent of BDO Shlomo Ziv & Co
23.4 Consent of Blick Rothenberg
23.5 Consent of Levy Cohen & Co.
23.6 Consent of Grant Thornton International
24 Power of Attorney (see page 4 above)
6