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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 3)
Nova Measuring Instruments Ltd.
------------------------------------------
(Name of Issuer)
Ordinary Shares, par value NIS 0.01
---------------------------------------
(Title of Class of Securities)
M7516K 10 3
------------------------------
(CUSIP Number)
December 31, 2003
------------------------------------------------------
(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).
Page 1 of 6 pages
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CUSIP No. M7516K 10 3 13G Page 2 of 6 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities only)
Teuza- A Fairchild Technology Venture Ltd. ("TFTV")
I.R.S. Identification No. Not Applicable
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
(a) [_]
(b) [X]
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3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 1,661,327 Ordinary Shares
OWNED BY ---------------------------------------------------------
EACH 6 SHARED VOTING POWER
REPORTING
PERSON WITH 0
---------------------------------------------------------
7 SOLE DISPOSITIVE POWER
1,661,327 Ordinary Shares
---------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,661,327 Ordinary Shares
--------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_] (See instructions)
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Approximately 11.0%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See instructions)
CO
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Page 2 of 6 pages
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CUSIP No. M7516K 10 3 13G Page 3 of 6 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities only)
Teuza Management & Development (1991) Ltd. ("TMD")
I.R.S. Identification No. Not Applicable
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ---------------------------------------------------------
EACH 6 SHARED VOTING POWER
REPORTING
PERSON WITH 1,661,327 Ordinary Shares
---------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
---------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,661,327 Ordinary Shares
--------------------------------------------------------------------------------
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_] (See instructions)
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Approximately 11.0%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See instructions)
CO
--------------------------------------------------------------------------------
Page 3 of 6 pages
Item 1(a) Name of Issuer: Nova Measuring Instruments Ltd., a company organized
under the laws of the State of Israel (the "Issuer").
Item 1(b) Address of Issuer's Principal Executive Offices: Weizman Scientific
Park, P.O. Box 266, Rehovot, Israel 76100.
Item 2(a) Name of Filing Person: Teuza - A Fairchild Technology Venture Ltd., a
company organized under the laws of the State of Israel ("TFTV") and Teuza
Management & Development (1991) Ltd., a company organized under the laws of the
State of Israel ("TMD", and, together with TFTV, the "Reporting Persons"). TMD
manages TFTV pursuant to a management agreement between the parties.
Item 2(b) Address of Principal Business Office or, if None, Residence: For TFTV
and TMD: 49 Ha'Histadrut Blvd., Haifa Bay, Haifa, Israel.
Item 2(c) Citizenship: For TFTV and TMD: Israel.
Item 2(d) Title and Class of Securities: Ordinary Shares, par value NIS 0.01, of
the Issuer.
Item 2(e) CUSIP Number: M7516K 10 3.
Item 3 If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c),
Check Whether the Person Filing is a:
Not Applicable.
Item 4. Ownership
(a) Amount beneficially owned by TFTV: 1,661,327 Ordinary Shares.
(b) Percent of Class: The Issuer has advised the Reporting Persons that
as of December 31, 2003, there were 15,117,538 outstanding Ordinary Shares of
the Issuer. As of December 31, 2003, TFTV and TMD were each the beneficial owner
of 1,661,327 Ordinary Shares, or approximately 11.0% of the outstanding Ordinary
Shares of the Issuer.
(c) Number of shares as to which TFTV has:
(i) Sole power to vote or direct the vote: 1,661,327
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of:
1,661,327
(iv) Shared power to dispose or direct the disposition of: 0
Number of shares as to which such TMD has:
(i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or to direct the vote: 1,661,327
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or direct the disposition of: 0
Page 4 of 6 pages
Although the Board of Directors of TFTV has the authority to direct the
voting and disposition of the Ordinary Shares owned by TFTV, TMD may exercise
the right to vote those shares with respect to only certain limited matters.
Item 5. Ownership of 5 Percent or Less of a Class
Not Applicable.
Item 6. Ownership of More than 5 Percent on Behalf of Another Person
Under certain circumstances set forth in the articles of association of
TFTV, its shareholders may be deemed to have the right to receive dividends
from, or the proceeds from, the sale of shares of the Issuer owned by TFTV.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company or Control Person
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. Certifications
Not applicable.
SIGNATURE
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.
Date: February 12, 2004
TEUZA - A FAIRCHILD TECHNOLOGY VENTURE LTD.
By: Girora Meyuhas
-----------------------------------------
Giora Meyuhas, Authorized Signatory
By: Avi Kerbs
-----------------------------------------
Avi Kerbs, Authorized Signatory
TEUZA MANAGEMENT & DEVELOPMENT (1991) LTD.
By: Avi Kerbs
-----------------------------------------
Avi Kerbs, Authorized Signatory
Page 5 of 6 pages
AGREEMENT TO JOINTLY FILE SCHEDULE 13G
AGREEMENT dated as of February 12, 2004 by and between Teuza - A
Fairchild Technology Venture Ltd. and Teuza Management & Development (1991) Ltd.
(collectively, the "Reporting Persons").
WHEREAS, pursuant to paragraph (k) of Rule 13d-1 promulgated under
Subsection 13(d)(1) of the Securities Exchange Act of 1934, as amended (the
"Act"), the Reporting Persons hereto have decided to satisfy their filing
obligations under the Act by a single joint filing:
NOW, THEREFORE, the Reporting Persons hereby agree as follows:
1. The Schedule 13G/A with respect to Nova Measuring Instruments
Ltd., to which this is attached as Exhibit A, is filed on
behalf of each of the Reporting Persons.
2. Each Reporting Person is responsible for the completeness and
accuracy of the information concerning such Reporting Person
contained therein.
IN WITNESS WHEREOF, the undersigned hereunto set their hands as of the
date first above written.
TEUZA - A FAIRCHILD TECHNOLOGY VENTURE LTD.
By: Giroa Meyuhas
----------------------------------
Giora Meyuhas, Authorized Signatory
By: Avi Kerbs
----------------------------------
Avi Kerbs , Authorized Signatory
TEUZA MANAGEMENT & DEVELOPMENT (1991) LTD.
By: Avi Kerbs
----------------------------------
Avi Kerbs, CEO
Page 6 of 6 pages