SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)
VOCALTEC COMMUNICATIONS LTD.
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(Name of Issuer)
Ordinary Shares, par value NIS 0.01 per share
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(Title of Class of Securities)
928568102
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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).
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CUSIP No. 928568102 13G Page 2 of 8 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
La Cresta International Trading Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Panama
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NUMBER OF 5 SOLE VOTING POWER
SHARES 860,054
BENEFICIALLY -------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH -0-
REPORTING -------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 860,054
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8 SHARED DISPOSITIVE POWER
- 0 -
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
860,054
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN / /
SHARES
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.70%
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12 TYPE OF REPORTING PERSON
CO
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CUSIP No. 928568102 13G Page 3 of 8 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Ami Tal
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
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NUMBER OF 5 SOLE VOTING POWER
SHARES 134,040
BENEFICIALLY -------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 860,054
REPORTING -------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 134,040
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8 SHARED DISPOSITIVE POWER
860,054
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
994,094
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN / /
SHARES
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.59%
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12 TYPE OF REPORTING PERSON
IN
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CUSIP No. 928568102 13G Page 4 of 8 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Elon Ganor
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) /X/
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
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NUMBER OF 5 SOLE VOTING POWER
SHARES 337,600
BENEFICIALLY -------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 860,054
REPORTING -------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 337,600
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8 SHARED DISPOSITIVE POWER
860,054
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,197,654
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN / /
SHARES
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.94%
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12 TYPE OF REPORTING PERSON
IN
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Item 1(a). Name of Issuer:
VocalTec Communications Ltd. (the "Company")
Item 1(b). Address of Issuer's Principal Executive Offices:
2 Maskit Street, Herzliya 46733, Israel.
Item 2(a). Name of Person Filing:
This Schedule is filed by (a) La Cresta International Trading Inc. ("La
Cresta"), (b) Elon Ganor ("Ganor") and (c) Ami Tal ("Tal"). Such parties are
referred to herein as the "Reporting Parties." Any disclosures made herein with
respect to persons other than the Reporting Parties are made upon information
and belief.
La Cresta is a corporation incorporated in Panama. 50% of the share capital
of La Cresta is owned by Ganor and 50% of the share capital of La Cresta is
owned by Tal. As a result of these relationships, each of Ganor and Tal may be
deemed to be the beneficial owners of the Ordinary Shares held by La Cresta.
Each of Ganor and Tal disclaims beneficial ownership of the Ordinary Shares of
the Company referred to in this filing.
Ganor is the Chairman and Chief Executive Officer of the Company and Tal is
a Director and an employee of the Company. Ganor and Tal are brothers-in-law.
Item 2(b). Address of Principal Business Office or, if None, Residence:
The principal business addresses of the Reporting Parties are as follows:
La Cresta, c/o L.C.I.T. S.A., Dufourstrasse 131, P.O.B. 219 Zurich 8034
Switzerland.
Ganor: c/o VocalTec Communications Ltd., 2 Maskit Street, Herzliya 46733,
Israel.
Tal: c/o VocalTec Communications Ltd., 2 Maskit Street, Herzliya 46733,
Israel.
Item 2(c). Citizenship:
La Cresta is a Panamanian corporation. Ganor and Tal are Israeli citizens.
Item 2(d). Title of Class of Securities:
Ordinary Shares, par value NIS 0.01 per share.
Item 2(e). CUSIP Number:
928568102
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:
(i) By La Cresta: 860,054
(ii) By Ganor: 1,197,654
(iii) By Tal: 994,094
(b) Percent of class:
(i) La Cresta: 5.70%
(ii) Ganor: 7.94%
(iii) Tal: 6.59%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
A. La Cresta: 860,054
B. Ganor: 337,600
C. Tal: 134,040
(ii) Shared power to vote or to direct the vote:
A. La Cresta: - 0 -
B. Ganor: 860,054
C. Tal: 860,054
(iii) Sole power to dispose or to direct the disposition of:
A. La Cresta: 860,054
B. Ganor: 337,600
C. Tal: 134,040
(iv) Shared power to dispose or to direct the disposition of:
A. La Cresta: - 0 -
B. Ganor: 860,054
C. Tal: 860,054
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable.
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 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 their knowledge and belief,
each of the undersigned parties certifies that the information set forth in this
statement is true, complete and correct.
Date: February 14, 2005
LA CRESTA INTERNATIONAL TRADING
INC.
By: /s/ Ami Tal
--------------------------------
Name: Ami Tal
Title: President
ELON GANOR
/s/ Elon Ganor
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AMI TAL
/s/ Ami Tal
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