We are members
of the Israeli bar, and the opinions expressed herein are limited to questions arising under the laws of the State of Israel, and
we disclaim any opinion whatsoever with respect to matters governed by the laws of any other jurisdiction.
Foerster LLP may rely upon this opinion for the purpose of rendering their opinion dated April 5, 2017, with respect to
certain matters concerning the ADSs.
We hereby consent
to the use of this opinion as Exhibit 5.1 to the Company’s Current Report on Form 6-K to be filed with the Commission on
April 5, 2017, which will be incorporated by reference in the Registration Statement, and to the reference to us under
the caption “Legal Matters” in the prospectus included in the Registration Statement. In
giving such consent, we do not hereby admit that we are in the category of persons whose consent is required under Section 7
of the Securities Act or the rules and regulations of the Commission.
||/s/ Yigal Arnon & Co.|
||Yigal Arnon & Co.|
1 Azrieli Center, Tel Aviv 6702101,
Israel | Tel: (+972) 3 608 7777 | Fax: (+972) 3 608 7724
31 Hillel Street, Jerusalem 9458131, Israel
| Tel: (+972) 2 623 9239 | Fax: (+972) 2 623 9233
www.arnon.co.il | email@example.com