Filing Details
- Accession Number:
- 0001193125-16-716448
- Form Type:
- 13D Filing
- Publication Date:
- 2016-09-22 07:48:55
- Filed By:
- Nokia Corp
- Company:
- Alcatel Lucent (NYSE:ALU)
- Filing Date:
- 2016-09-22
- SEC Url:
- 13D 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 |
---|---|---|---|---|---|---|
Nokia Corporation | 3 | 0 | 3 | 0 | 95.4% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
§240.13D-1(A) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13-D
(Amendment No. 7)*
Alcatel Lucent
(Name of Issuer)
Ordinary Shares
(Title of Class of Securities)
ISIN No. FR0000130007
(CUSIP Number of Class of Securities)
Copies to:
Riikka Tieaho Vice President, Corporate Legal Nokia Corporation Karaportti 3 FI-02610 Espoo Finland Tel. No.: +358 (0) 10-448-8000 | Scott V. Simpson Michal Berkner Skadden, Arps, Slate, Meagher & Flom (UK) LLP 40 Bank Street London E14 5DS United Kingdom Tel. No.: +44 20-7519-7000 |
September 22, 2016
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. ¨
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
* | The remainder of this cover page shall be filled out for a reporting persons 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 (the 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).
(Continued on following pages)
(Page 1 of 8)
Schedule 13D
CUSIP No. 013904305 | Page 2 of 8 |
1 | Names of reporting persons: Nokia Corporation
I.R.S. Identification Nos. of Above Persons: Not Applicable | |||||
2 | Check the appropriate box if a member of a group: (a) ¨ (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds:
OO | |||||
5 | Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e): ¨
| |||||
6 | Citizenship or place of organization:
Republic of Finland | |||||
Number of shares beneficially owned by each reporting person with
| 7 | Sole voting power:
3 478 687 637 (1) | ||||
8 | Shared voting power:
0 | |||||
9 | Sole dispositive power:
3 478 687 637 (1) | |||||
10 | Shared dispositive power:
0 | |||||
11 | Aggregate amount beneficially owned by reporting person:
3 478 687 637 (1) | |||||
12 | Check if the aggregate amount in Row (11) excludes certain shares: ¨
| |||||
13 | Percent of class represented by amount in Row (11):
95.4% (2) representing 95.4% of the total outstanding voting power (3) | |||||
14 | Type of reporting person:
CO |
(1) | Representing (i) 3 373 845 309 Alcatel Lucent Shares, (ii) 82 608 794 Alcatel Lucent Shares issuable upon conversion of the 82 608 794 of the 2019 OCEANEs held by Nokia at the current conversion ratio of one 2019 OCEANE to one Alcatel Lucent Share and (iii) 22 233 534 Alcatel Lucent Shares issuable upon conversion of the 22 233 534 of the 2020 OCEANEs held by Nokia at the current conversion ratio of one 2020 OCEANE to one Alcatel Lucent Share. |
(2) | Based on the maximum number of 3 644 522 404 Alcatel Lucent Shares (including Alcatel Lucent Shares issuable upon conversion of OCEANEs held by Nokia) outstanding as of September 16, 2016. |
(3) | Based on the maximum number of 3 647 182 645 Alcatel Lucent theoretical voting rights (including Alcatel Lucent theoretical voting rights issuable upon conversion of OCEANEs held by Nokia) outstanding as of September 16, 2016. |
Page 3 of 8
This Amendment No. 7 is being filed by Nokia with respect to Alcatel Lucent Securities, and it hereby amends the statement of beneficial ownership on Schedule 13D originally filed on January 26, 2016, as amended on February 10, 2016, March 17, 2016, May 10, 2016, May 17, 2016, June 17, 2016 and September 6, 2016 (collectively with this Amendment No. 7, the Schedule 13D). Capitalized terms used herein and not defined have the meanings given to them in the Schedule 13D.
Item 3. | Source and Amount of Funds or Other Consideration |
Item 3 is hereby amended and supplemented by adding the following:
The maximum cash outlay for the acquisition of all the Alcatel Lucent Securities targeted by the Offer (as defined below), on the basis of the Offer price of 3.50 euros per Alcatel Lucent Share, 4.51 euros per 2019 OCEANE and 4.50 euros per 2020 OCEANE, will be 633 282 953.71 euros (excluding the related costs and expenses).
The Offer will be fully financed by Nokias own funds.
Item 4. | Purpose of Transaction |
Item 4 is hereby amended and supplemented by adding the following:
On September 20, 2016, Nokia announced that the AMF approved the Offer. As previously announced, Nokia proposes to acquire, through the Public Buy-Out Offer, all the Alcatel Lucent Shares, 2019 OCEANEs and 2020 OCEANEs it does not already own. The Public Buy-Out Offer will be followed by the Squeeze-Out of the Alcatel Lucent Shares and OCEANEs not tendered into the Public Buy-Out Offer, in accordance with the General Regulation of the AMF.
In the Public Buy-Out Offer, Nokia is offering a consideration of EUR 3.50 per Alcatel Lucent Share, EUR 4.51 per 2019 OCEANE, and EUR 4.50 per 2020 OCEANE. In the Squeeze-Out, the Alcatel Lucent Shares and OCEANEs not tendered into the Public Buy-Out Offer will be transferred to Nokia for the same consideration as the above-mentioned consideration of the Public-Buy-Out Offer.
The Offer will be made exclusively in France, and in the United States pursuant to an exemption from the U.S. tender offer rules provided by Rule 14d-1(c) and, to the extent applicable, Rule 13e-4(h)(8) of the U.S. Securities Exchange Act of 1934. Holders of Alcatel-Lucent Shares and OCEANEs located outside of France and the United States may not participate in the Public Buy-Out Offer except if, pursuant to the local laws and regulations applicable to those holders, they are permitted to do so.
Following the clearance decision of the Offer by the AMF on September 20, 2016, Nokia announced on September 22, 2016 that it has commenced the Public Buy-Out Offer.
The Public Buy-Out Offer will be open for 10 trading days, from September 22, 2016 until October 5, 2016, and the Squeeze-Out will be implemented on October 6, 2016. These dates were confirmed on September 21, 2016 by the AMF in its notice of opening and timetable of the Offer, after Nokia and Alcatel Lucent had filed their respective other information documents relating, in particular, to their legal, financial and accounting characteristics.
The forgoing description of the joint offer document, the Nokia other information document and the Alcatel Lucent other information document are summaries and are qualified in their entirety by the terms of the joint offer document, the Nokia other information document and the Alcatel Lucent other information, copies of which are filed herewith as Exhibits 12, 13 and 14, respectively, to this Amendment No. 7 and are incorporated herein by reference.
Item 5. | Interest in Securities of the Issuer |
Item 5(a) is hereby amended and restated in its entirety to read as follows:
There were 3 644 522 404 Alcatel Lucent Shares (including Alcatel Lucent Shares issuable upon conversion of OCEANEs held by Nokia) outstanding as of September 16, 2016 and 3 647 182 645 Alcatel Lucent theoretical voting rights (including Alcatel Lucent theoretical voting rights issuable upon conversion of OCEANEs held by Nokia) as of September 16, 2016.
Page 4 of 8
Nokia beneficially owns (i) 3 373 845 309 Alcatel Lucent Shares, (ii) 82 608 794 Alcatel Lucent Shares issuable upon conversion of the 82 608 794 of the 2019 OCEANEs held by Nokia at the current conversion ratio of one 2019 OCEANE to one Alcatel Lucent Share and (iii) 22 233 534 Alcatel Lucent Shares issuable upon conversion of the 22 233 534 of the 2020 OCEANEs held by Nokia at the current conversion ratio of one 2020 OCEANE to one Alcatel Lucent Share.
Nokia beneficially owns 95.4% of the Alcatel Lucent Shares (including Alcatel Lucent Shares issuable upon conversion of OCEANEs held by Nokia) representing 95.4% of the total outstanding theoretical voting rights in Alcatel Lucent (including Alcatel Lucent theoretical voting rights issuable upon conversion of OCEANEs held by Nokia).
In addition to the Alcatel Lucent Securities owned by Nokia, the following individuals named on Schedule 1 hold Alcatel Lucent Securities:
Name | Alcatel Lucent Shares | Total Alcatel Lucent Securities | Percent of Alcatel Lucent Shares | |||||||||
Jean C. Monty | 37 432 | 37 432 | 0.0 | % | ||||||||
Olivier Piou | 36 622 | 36 622 | 0.0 | % |
Except as set forth above, to the best of Nokias knowledge, none of the persons named in Schedule 1 hereto is the beneficial owners of any Alcatel Lucent Securities.
Page 5 of 8
Item 7. | Materials to be Filed as Exhibits |
Item 7 is hereby amended and supplemented by adding the following:
Exhibit No. | Description | |
12 | English translation of Nokia and Alcatel Lucents joint offer document, published on September 20, 2016 (incorporated herein by reference to Exhibit 99.1 of the Form CB furnished by Nokia on September 22, 2016) | |
13 | English translation of Nokias other information document, dated September 21, 2016 (incorporated herein by reference to Exhibit 99.2 of the Form CB furnished by Nokia on September 22, 2016) | |
14 | English translation of Alcatel Lucents other information document, published on September 21, 2016 (incorporated herein by reference to Exhibit 99.3 of the Form CB furnished by Nokia on September 22, 2016) |
Page 6 of 8
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.
NOKIA CORPORATION | ||
By: | /s/ Riikka Tieaho | |
Name: | Riikka Tieaho | |
Title: | Vice President, Corporate Legal | |
By: | /s/ Kristian Pullola | |
Name: | Kristian Pullola | |
Title: | Senior Vice President, Corporate Controller |
Page 7 of 8
Schedule 1
DIRECTORS AND EXECUTIVE OFFICERS
OF
NOKIA CORPORATION
The following is a list of the executive officers and directors of Nokia Corporation (Nokia), setting forth the present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted for each such person. Unless otherwise indicated, the current business address of each person is Karaportti 3, FI-02610 Espoo, Finland. Capitalized terms used but not otherwise defined in this Schedule 1 have the meaning ascribed to them in the Amendment No. 2 to the Schedule 13D to which this Schedule 1 is attached.
Board of Directors of Nokia
Name | Present Position with Nokia or Other Principal Occupation or Employment | Business Address (if other | Country of | |||
Risto Siilasmaa | Chairman of the Board, Nokia | Finland | ||||
Olivier Piou | Vice Chairman of the Board, Nokia | France | ||||
Bruce Brown | Director, Nokia | United States | ||||
Louis R. Hughes | Director, Nokia | United States | ||||
Jean C. Monty | Director, Nokia | Canada | ||||
Elisabeth Nelson | Director, Nokia | United States | ||||
Carla Smits-Nusteling | Director, Nokia | Netherlands | ||||
Kari Stadigh | Director, Nokia Group Chief Executive Officer and President, Sampo plc | Fabianinkatu 27, 00100 Helsinki, Finland | Finland |
Executive Officers of Nokia
Name | Present Position with Nokia | Country of Citizenship | ||
Rajeev Suri | President and Chief Executive Officer | Singapore | ||
Samih Elhage | President of Mobile Networks | Canada | ||
Federico Guillén | President of Fixed Networks | Spain | ||
Basil Alwan | President of IP/Optical Networks | United States | ||
Bhaskar Gorti | President of Applications & Analytics | United States | ||
Timo Ihamuotila | Chief Financial Officer | Finland | ||
Hans-Jürgen Bill | Chief Human Resources Officer | Germany | ||
Kathrin Buvac | Chief Strategy Officer | Germany | ||
Ashish Chowdhary | Chief Customer Operations Officer | India | ||
Barry French | Chief Marketing Officer | United States | ||
Marc Rouanne | Chief Innovation & Operating Officer | France | ||
Maria Varsellona | Chief Legal Officer | Italy |
Page 8 of 8
Exhibit Index
Exhibit No. | Description | |
1 | Memorandum of Understanding, dated as of April 15, 2015, by and between Nokia Corporation and Alcatel Lucent S.A (incorporated herein by reference to Exhibit 2.1 Registration Statement on Form F-4 filed by Nokia (File No. 333-206365)) | |
2 | Amendment to the Memorandum of Understanding, dated as of October 28, 2015, by and between Nokia Corporation and Alcatel Lucent S.A. (incorporated herein by reference to Exhibit 2.2 Registration Statement on Form F-4 filed by Nokia (File No. 333-206365)) | |
3 | Exchange Offer/Prospectus, dated November 12, 2015 (incorporated herein by reference to the Registration Statement on Form F-4 filed by Nokia (File No: 333-206365)) | |
4 | Form of Letter of Transmittal for Certificated Alcatel Lucent ADSs (incorporated herein by reference to Exhibit 99.1 to the Registration Statement on Form F-4 filed by Nokia (File No. 333-206365)) | |
5 | Form of Letter of Transmittal for book-entry only Alcatel Lucent ADSs (incorporated herein by reference to Exhibit 99.2 to the Registration Statement on Form F-4 filed by Nokia (File No. 333-206365)) | |
6 | Notice of Guaranteed Delivery (Alcatel Lucent ADSs) (incorporated herein by reference to Exhibit 99.3 to the Registration Statement on Form F-4 filed by Nokia (File No. 333-206365)) | |
7 | Form of Letter of Transmittal for the Subsequent Offering Period (incorporated herein by reference to Exhibit (a)(1)(vi) of Amendment 13 to Schedule TO filed by Nokia on January 14, 2016) | |
8 | Notice of Guaranteed Delivery for the Subsequent Offering Period (incorporated herein by reference to Exhibit (a)(1)(vii) of Amendment 13 to Schedule TO filed by Nokia on January 14, 2016) | |
9 | Letter to Alcatel Lucent Security Holders (incorporated herein by reference to Exhibit (a)(1)(viii) of Amendment 13 to Schedule TO filed by Nokia on January 14, 2016) | |
10 | Share Purchase Agreement, dated as of March 16, 2016, by and between JPMorgan Chase Bank N.A. and Nokia Corporation (1) | |
11 | English translation of Nokia and Alcatel Lucents draft joint offer document (projet de note dinformation conjointe) as filed with the AMF on September 6, 2016 (2) | |
12 | English translation of Nokia and Alcatel Lucents joint offer document, published on September 20, 2016 (incorporated herein by reference to Exhibit 99.1 of the Form CB furnished by Nokia on September 22, 2016) | |
13 | English translation of Nokias other information document, dated September 21, 2016 (incorporated herein by reference to Exhibit 99.2 of the Form CB furnished by Nokia on September 22, 2016) | |
14 | English translation of Alcatel Lucents other information document, published on September 21, 2016 (incorporated herein by reference to Exhibit 99.3 of the Form CB furnished by Nokia on September 22, 2016) |
(1) | Previously filed as an exhibit to Amendment 2 to the Schedule 13D. |
(2) | Previously filed as an exhibit to Amendment 6 to the Schedule 13D. |