SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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F O R M 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of December 2007
TAT TECHNOLOGIES LTD.
(Name of Registrant)
P.O.BOX 80, Gedera 70750 Israel
(Address of Principal Executive Office)
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 [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether by furnishing the information
contained in this Form, the registrant is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to
the registrant in connection with Rule 12g3-2(b): 82-__________
TAT Technologies Ltd.
6-K Items
1. Immediate report filed by TAT Technologies Ltd. with the Israeli
Securities Authority and the Tel Aviv Stock Exchange on December 20,
2007.
ITEM 1
Tat Technologies Ltd.
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(the "Company")
December 20, 2007
To: Israeli Securities Authority To: Tel Aviv Stock Exchange
Re.: Immediate Report
In furtherance of an immediate report filed on November 15, 2007, please be
notified that on December 19, 2007, the sale of the controlling interest in TAT
Industries Ltd., ("TAT Industries"), our controlling shareholder, was completed.
Mr. Shlomo Ostersetzer and Mr. Dov Zeelim, through companies wholly owned by
them, sold to Ishal Amlet Investments (1995) Ltd. ("Ishal"), 54.6% of the
outstanding ordinary shares of TAT Industries.
In addition, Ishal purchased 600,000 ordinary shares of TAT Industries from FIMI
Opportunity Fund and intends to complete the purchase of an additional 45,000
ordinary shares from Mr. Dov Zeelim on December 20, 2007.
Moreover, the Company was notified by Mr. Shlomo Ostersetzer that he will be
resigning from his position as the Chairman of the Board of Directors of the
Company effective as of January 1, 2008, but will continue to act as a
consultant to the Company in accordance with an employment agreement between Mr.
Ostersetzer and the Company, dated July 29, 2004.
Respectfully,
Tat Technologies Ltd.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
TAT TECHNOLOGIES LTD.
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(Registrant)
By: /s/Israel Ofen
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Israel Ofen
Executive Vice President and
Chief Financial Officer
Date: December 20, 2007