UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C., 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO.___ _____)*
B.O.S. BETTER ONLINE SOLUTIONS LTD.
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(Name of Issuer)
ORDINARY SHARES
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(Title of Class of Securities)
M20115107
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(CUSIP Number)
DECEMBER 31, 2004
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(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)
[X] 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 the
disclosures provided in a prior cover page.
The information required in 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 NUMBER M20115107
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
ISRAEL GAL.
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [_]
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3. SEC Use Only
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4. Citizenship or Place of Organization
ISRAEL
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5. Sole Voting Power
326,037 *
*Number of -------------------------------------------------------------
Shares Bene- 6. Shared Voting Power
ficially by None
Owned by Each -------------------------------------------------------------
Reporting 7. Sole Dispositive Power
Persons With: 326,037*
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8. Shared Dispositive Power
None
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
326,037
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
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11. Percent of Class Represented by Amount in Row (9)
6.76%
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12. Type of Reporting Person (See Instructions)
IN
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* Does not include indirect ownership of 244,467 Ordinary Shares owned by Ms.
Yael Gal, Mr. Israel Gal's spouse, as to which Mr. Gal disclaims beneficial
ownership.
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CUSIP NUMBER M20115107
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
YAEL GAL.
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [_]
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3. SEC Use Only
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4. Citizenship or Place of Organization
ISRAEL
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5. Sole Voting Power
244,467*
*Number of -------------------------------------------------------------
Shares Bene- 6. Shared Voting Power
ficially by None
Owned by Each -------------------------------------------------------------
Reporting 7. Sole Dispositive Power
Persons With: 244,267*
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8. Shared Dispositive Power
None
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
244,467
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
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11. Percent of Class Represented by Amount in Row (9)
5.16%
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12. Type of Reporting Person (See Instructions)
IN
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* Does not include indirect ownership of 244,635 Ordinary Shares owned by Mr.
Israel Gal, Ms. Yael Gal's spouse, as to which Ms. Gal disclaims beneficial
ownership.
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ITEM 1.
(a) Name of Issuer
B.O.S. BETTER ONLINE SOLUTIONS LTD.
(b) Address of Issuer's Principal Executive Offices
BEIT RABIN, 100 BOS ROAD, TERADYON INDUSTRIAL PARK, MISGAV, 20179,
ISRAEL
ITEM 2.
(a) Name of Person Filing
ISRAEL GAL
YAEL GAL
(b) Address of Principal Business Office or, if none, Residence
B.O.S. BETTER ONLINE SOLUTIONS LTD.
100 BOS ROAD
TERADYON INDUSTRIAL PARK, MISGAV 20179, ISRAEL
(c) Citizenship
ISRAELI
(d) Title of Class Securities
ORDINARY SHARES
(e) CUSIP Number
M20115107
ITEM 3. IF THIS STATEMENT IS FILE PURSUANT TO SS.SS. 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 s 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 ss.
240.13d-1(b)(1)(ii)(E);
(f) [_] An employee benefit plan or endowment fund in accordance with
ss. 240.13d-1(b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance with
ss. 240.13d-1(b)(1)(ii)(G);
(h) [_] A savings association 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 ss. 240.13d-1(b)(1)(ii)(J);
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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.
ISRAEL GAL
(a) Amount beneficially owned: 326,037*
(b) Percent of class: 6.76%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 326,037*.
(ii) Shared power to vote or to direct the vote: None.
(iii) Sole power to dispose or to direct the disposition of 326,037*.
(iv) Shared power to dispose or to direct the disposition of: None.
INSTRUCTION. For computation regarding securities which represent a right to
acquire an underlying security SEE ss. 240.13d-3(d)(1).
* Does not include indirect ownership of 244,467 Ordinary Shares owned by Ms.
Yael Gal, Mr. Israel Gal's spouse, as to which Mr. Gal disclaims beneficial
ownership.
YAEL GAL
(a) Amount beneficially owned: 244,467*
(b) Percent of class: 5.16%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 244,467*.
(ii) Shared power to vote or to direct the vote: None.
(iii) Sole power to dispose or to direct the disposition of 244,467*.
(iv) Shared power to dispose or to direct the disposition of: None.
INSTRUCTION. For computation regarding securities which represent a right to
acquire an underlying security SEE ss. 240.13d-3(d)(1).
* Does not include indirect ownership of 244,635 Ordinary Shares owned by Mr.
Israel Gal, Ms. Yael Gal's spouse, as to which Ms. Gal disclaims beneficial
ownership.
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.
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ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable
ITEM 10. CERTIFICATION
Not applicable
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SIGNATURES
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 15, 2005
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Date
/s/ Israel Gal
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Signature
/s/ Yael Gal
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Signature
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative other than an executive
officer or general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement provided, however, that a power of attorney for this purpose which
is already on file with the Commission may be incorporated by reference. The
name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. SEE ss.240.13d-7 for other
parties for whom copies are to be sent.
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE
FEDERAL CRIMINAL VIOLATION (SEE 18 U.S.C. 1001)
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