Filing Details
- Accession Number:
- 0001144204-19-008317
- Form Type:
- 13G Filing
- Publication Date:
- 2019-02-14 17:14:59
- Filed By:
- Citadel Investment Group
- Company:
- Hudson Ltd. (NYSE:HUD)
- Filing Date:
- 2019-02-14
- SEC Url:
- 13G Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Citadel Advisors | 0 | 654,712 | 0 | 1.7% | ||
Citadel Advisors Holdings | 0 | 654,712 | 0 | 1.7% | ||
Citadel GP | 0 | 654,712 | 0 | 1.7% | ||
Kenneth Griffin | 0 | 660,293 | 0 | 1.7% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Hudson Ltd. |
(Name of Issuer) |
Class A common shares, par value $0.001 per share |
(Title of Class of Securities) |
G46408103 |
(CUSIP Number) |
December 31, 2018 |
(Date of Event Which Requires Filing of the Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ | Rule 13d-1(b) |
x | Rule 13d-1(c) |
¨ | 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 disclosures provided in a prior cover page.
The information required on 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 No. G46408103 | 13G/A | Page 2 of 10 Pages |
1. |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Citadel Advisors LLC |
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨ |
3. |
SEC USE ONLY
|
4. |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF |
5. |
SOLE VOTING POWER 0 |
6. |
SHARED VOTING POWER 654,712 shares | |
7. |
SOLE DISPOSITIVE POWER 0 | |
8. |
SHARED DISPOSITIVE POWER See Row 6 above |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON See Row 6 above |
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ |
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.7%1 |
12. |
TYPE OF REPORTING PERSON IA; OO; HC |
1 | The percentages reported in this Schedule 13G/A are based upon 39,417,765 shares of common stock outstanding as of December 31, 2017 (according to the Form 20-F filed by the issuer with the Securities and Exchange Commission on March 15, 2018). |
CUSIP No. G46408103 | 13G/A | Page 3 of 10 Pages |
1. |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Citadel Advisors Holdings LP |
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨ |
3. |
SEC USE ONLY
|
4. |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF |
5. |
SOLE VOTING POWER 0 |
6. |
SHARED VOTING POWER 654,712 shares | |
7. |
SOLE DISPOSITIVE POWER 0 | |
8. |
SHARED DISPOSITIVE POWER See Row 6 above |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON See Row 6 above |
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ |
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.7% |
12. |
TYPE OF REPORTING PERSON PN; HC |
CUSIP No. G46408103 | 13G/A | Page 4 of 10 Pages |
1. |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Citadel GP LLC |
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨ |
3. |
SEC USE ONLY
|
4. |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF |
5. |
SOLE VOTING POWER 0 |
6. |
SHARED VOTING POWER 654,712 shares | |
7. |
SOLE DISPOSITIVE POWER 0 | |
8. |
SHARED DISPOSITIVE POWER See Row 6 above. |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON See Row 6 above. |
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ |
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.7% |
12. |
TYPE OF REPORTING PERSON OO; HC |
CUSIP No. G46408103 | 13G/A | Page 5 of 10 Pages |
1. |
NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Kenneth Griffin |
2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨ |
3. |
SEC USE ONLY
|
4. |
CITIZENSHIP OR PLACE OF ORGANIZATION U.S. Citizen |
NUMBER OF |
5. |
SOLE VOTING POWER 0 |
6. |
SHARED VOTING POWER 660,293 shares | |
7. |
SOLE DISPOSITIVE POWER 0 | |
8. |
SHARED DISPOSITIVE POWER See Row 6 above |
9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON See Row 6 above |
10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ |
11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.7% |
12. |
TYPE OF REPORTING PERSON IN; HC |
CUSIP No. G46408103 | 13G/A | Page 6 of 10 Pages |
Item 1(a) | Name of Issuer |
Hudson Ltd. | |
Item 1(b) | Address of Issuer’s Principal Executive Offices |
4 New Square, Bedfont Lakes, Feltham, Middlesex TW14 8HA, United Kingdom | |
Item 2(a) | Name of Person Filing |
This Schedule 13G/A is being jointly filed by Citadel Advisors LLC (“Citadel Advisors”), Citadel Advisors Holdings LP (“CAH”), Citadel GP LLC (“CGP”) and Mr. Kenneth Griffin (collectively with Citadel Advisors, CAH and CGP, the “Reporting Persons”) with respect to Class A common shares (and options to purchase such stock) of the above-named issuer owned by Citadel Multi-Strategy Equities Master Fund Ltd., a Cayman Islands limited company (“CM”), Citadel Global Equities Master Fund Ltd., a Cayman Islands limited company (“CG”), and Citadel Securities LLC, a Delaware limited liability company (“Citadel Securities”). | |
Citadel Advisors is the portfolio manager for CM and CG. CAH is the sole member of Citadel Advisors. CGP is the general partner of CAH. CALC III LP, a Delaware limited partnership (“CALC3”), is the non-member manager of Citadel Securities. Citadel Securities GP LLC, a Delaware limited liability company (“CSGP”), is the general partner of CALC3. Mr. Griffin is the President and Chief Executive Officer of CGP, and owns a controlling interest in CGP and CSGP. | |
The filing of this statement shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any securities covered by the statement other than the securities actually owned by such person (if any). | |
Item 2(b) | Address of Principal Business Office |
The address of the principal business office of each of the Reporting Persons is 131 S. Dearborn Street, 32nd Floor, Chicago, Illinois 60603. | |
Item 2(c) | Citizenship |
Each of Citadel Advisors and CGP is organized as a limited liability company under the laws of the State of Delaware. CAH is organized as a limited partnership under the laws of the State of Delaware. Mr. Griffin is a U.S. citizen. | |
Item 2(d) | Title of Class of Securities |
Class A common shares, $0.001 par value | |
Item 2(e) | CUSIP Number |
G46408103 |
CUSIP No. G46408103 | 13G/A | Page 7 of 10 Pages |
Item 3 | If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: |
(a) | ¨ | Broker or dealer registered under Section 15 of the Exchange Act; | |
(b) | ¨ | Bank as defined in Section 3(a)(6) of the Exchange Act; | |
(c) | ¨ | Insurance company as defined in Section 3(a)(19) of the Exchange Act; | |
(d) | ¨ | Investment company registered under Section 8 of the Investment Company Act; | |
(e) | ¨ | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); | |
(f) | ¨ | An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); | |
(g) | ¨ | A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); | |
(h) | ¨ | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; | |
(i) | ¨ | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; | |
(j) | ¨ | A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); | |
(k) | ¨ | Group, in accordance with Rule 13d-1(b)(1)(ii)(K). |
If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: ____________. |
CUSIP No. G46408103 | 13G/A | Page 8 of 10 Pages |
Item 4 | Ownership |
A. | Citadel Advisors LLC | |||
(a) | Citadel Advisors may be deemed to beneficially own 654,712 Class A common shares. | |||
(b) | The number of Class A common shares that Citadel Advisors may be deemed to beneficially own constitutes approximately 1.7% of the Class A common shares outstanding. | |||
(c) | Number of shares as to which such person has: | |||
(i) | sole power to vote or to direct the vote: 0 | |||
(ii) | shared power to vote or to direct the vote: 654,712 | |||
(iii) | sole power to dispose or to direct the disposition of: 0 | |||
(iv) | shared power to dispose or to direct the disposition of: 654,712 | |||
B | Citadel Advisors Holdings LP and Citadel GP LLC | |||
(a) | Each of CAH and CGP may be deemed to beneficially own 654,712 Class A common shares. | |||
(b) | The number of Class A common shares that each of CAH and CGP may be deemed to beneficially own constitutes approximately 1.7% of the Class A common shares outstanding. | |||
(c) | Number of shares as to which such person has: | |||
(i) | sole power to vote or to direct the vote: 0 | |||
(ii) | shared power to vote or to direct the vote: 654,712 | |||
(iii) | sole power to dispose or to direct the disposition of: 0 | |||
(iv) | shared power to dispose or to direct the disposition of: 654,712 |
CUSIP No. G46408103 | 13G/A | Page 9 of 10 Pages |
C | Kenneth Griffin | |||
(a) | Mr. Griffin may be deemed to beneficially own 660,293 Class A common shares. | |||
(b) | The number of Class A common shares that Mr. Griffin may be deemed to beneficially own constitutes approximately 1.7% of the Class A common shares outstanding. | |||
(c) | Number of shares as to which such person has: | |||
(i) | sole power to vote or to direct the vote: 0 | |||
(ii) | shared power to vote or to direct the vote: 660,293 | |||
(iii) | sole power to dispose or to direct the disposition of: 0 | |||
(iv) | shared power to dispose or to direct the disposition of: 660,293 |
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 5 percent of the class of securities, check the following x. | |
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 |
See Item 2 above | |
Item 8 | Identification and Classification of Members of the Group |
Not Applicable | |
Item 9 | Notice of Dissolution of Group |
Not Applicable | |
Item 10 | Certification |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. |
CUSIP No. G46408103 | 13G/A | Page 10 of 10 Pages |
After reasonable inquiry and to the best of its knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
Dated this 14th day of February, 2019.
CITADEL ADVISORS LLC | CITADEL ADVISORS HOLDINGS LP | |||
By: | /s/ David Glockner | By: | /s/ David Glockner | |
David Glockner, Authorized Signatory | David Glockner, Authorized Signatory | |||
CITADEL GP LLC | KENNETH GRIFFIN | |||
By: | /s/ David Glockner | By: | /s/ David Glockner | |
David Glockner, Authorized Signatory | David Glockner, attorney-in-fact* |
* | David Glockner is signing on behalf of Kenneth Griffin as attorney-in-fact pursuant to a power of attorney previously filed with the Securities and Exchange Commission, and hereby incorporated by reference herein. The power of attorney was filed as an attachment to a filing by Citadel Advisors LLC on Schedule 13G for Roku, Inc. on January 17, 2018. |