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 2008
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. Announcement of December 1, 2008.
ITEM 1
Announcement of December 1, 2008.
TAT Technologies Limited announced today, that on November 26, 2008, the Board
of Directors of Isal Amlat Investment (1993) Ltd., ("Isal"), the controlling
shareholder of TAT Industries Ltd. ("TAT Industries"), the Company's controlling
shareholder, and the direct holder of an approximately 9.85% interest in the
Company, approved to extend its approval from September 8, 2008, to purchase
shares of the Company on the NASDAQ Capital Market, the Tel Aviv Stock Exchange
or in private transactions, and shares of TAT Industries on the Tel Aviv Stock
Exchange or in private transactions, in an amount of up to NIS 15,000,000.
Isal Board of Directors' approval is effective through June 30, 2009 and shall
not be deemed as a commitment to purchase any shares of the Company or of TAT
Industries. The timing and amount of any shares purchased will be determined by
Isal's management based on its evaluation of market conditions and other
factors.
About TAT Technologies Ltd.
TAT, together with its subsidiaries, is principally engaged in the manufacture,
repair and overhaul of heat transfer equipment, such as heat exchangers,
precoolers and oil/fuel hydraulic coolers used in aircraft, defense systems,
electronic equipment and other applications. In addition the company
manufactures and overhauls aircraft accessories and systems such as pumps,
valves, power systems, turbines, etc.
Certain matters discussed in this news release are forward-looking statements
that involve a number of risks and uncertainties including, but not limited to
statements regarding expected results in future quarters, risks in product and
technology development, product demand, the impact of competitive pricing,
changing economic conditions and other risk factors detailed in the Company's
filings with the United States Securities and Exchange Commission.
For further information, please contact:
Mr. Yaron Shalem
Chief Financial Officer
TAT Technologies Ltd.
+972-8-859-5411
SIGNATURE
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/Shmuel Fledel
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Shmuel Fledel
Chief Executive Officer
Date: December 1, 2008