Filing Details

Accession Number:
0001341004-17-000367
Form Type:
13D Filing
Publication Date:
2017-06-08 08:55:04
Filed By:
Discover Key Investments Ltd
Company:
The Stars Group (NASDAQ:TSG)
Filing Date:
2017-06-08
SEC Url:
13D Filing
Ownership Summary

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
Discovery Key Investments Limited 18,405,500 9 18,405,500 11 18,405,500 12.6%
Tang Hao 18,405,500 9 18,405,500 11 18,405,500 12.6%
Filing
 

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________

SCHEDULE 13D

Under the Securities Act of 1934

(Amendment No. 1)

Information to be Included in Statements Filed Pursuant to Rule 13d-1(a) and Amendments Thereto Filed Pursuant to Rule 13d-2(a)

AMAYA INC.
(Name of Issuer)
 
Common Shares, no par value
(Title of Class of Securities)
 
02314M108
(CUSIP Number)
 
Tang Hao
Discovery Key Investments Limited
18/F Three Exchange Square
Connaught Place, Central
Hong Kong
Telephone: +852-3719-9350
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
 
 
June 6, 2017
(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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 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 §240.13d-7(b) for other parties to whom copies are to be sent.

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).

CUSIP No. 02314M108
13D
Page 1 of 2 Pages 
 
1
NAMES OF REPORTING PERSONS
 
Discovery Key Investments Limited
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  £
(b)  S
3
SEC USE ONLY
 
4
SOURCE OF FUNDS (See Instructions)
 
WC, OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
£
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
British Virgin Islands
 
NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH
REPORTING PERSON WITH
 
7
SOLE VOTING POWER
 
18,405,500
8
SHARED VOTING POWER
 
 
9
SOLE DISPOSITIVE POWER
 
18,405,500
10
SHARED DISPOSITIVE POWER
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
18,405,500
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) £
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
12.6%(1)
14
TYPE OF REPORTING PERSON (See Instructions)
 
CO
______________________________
1
Based on 146,496,265 common shares issued and outstanding, as reported by Amaya Inc. in its Management’s Discussion and Analysis for the three months ended March 31, 2017, as furnished to the SEC on May 12, 2017 as Exhibit 99.3 to its Form 6-K.

CUSIP No. 02314M108
13D
Page 2 of 2 Pages 
 
1
NAMES OF REPORTING PERSONS
 
Tang Hao
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  £
(b)  S
3
SEC USE ONLY
 
4
SOURCE OF FUNDS (See Instructions)
 
AF
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
£
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
People’s Republic of China
 
NUMBER OF SHARES
BENEFICIALLY OWNED BY
EACH
REPORTING PERSON WITH
 
7
SOLE VOTING POWER
 
18,405,500
8
SHARED VOTING POWER
 
 
9
SOLE DISPOSITIVE POWER
 
18,405,500
10
SHARED DISPOSITIVE POWER
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
18,405,500
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) £
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
12.6%(2)
14
TYPE OF REPORTING PERSON (See Instructions)
 
IN
______________________________
2
Based on 146,496,265 common shares issued and outstanding, as reported by Amaya Inc. in its Management’s Discussion and Analysis for the three months ended March 31, 2017, as furnished to the SEC on May 12, 2017 as Exhibit 99.3 to its Form 6-K.
INTRODUCTORY NOTE

This amendment No. 1 (“Amendment No. 1”) to Schedule 13D is filed jointly by Discovery Key Investments Limited (“Buyer”), a British Virgin Islands company, and Tang Hao (“Mr. Tang”), a citizen of the People’s Republic of China (each, a “Reporting Person” and collectively, the “Reporting Persons”), with respect to the common shares, no par value (“Common Shares”), of Amaya Inc., a corporation incorporated under the laws of Quebec, Canada (the “Issuer” or “Amaya”), pursuant to their Joint Filing Agreement dated as of April 10, 2017, filed with the Schedule 13D as Exhibit 1 and incorporated herein by reference.

This Amendment No. 1 amends and supplements the statement on Schedule 13D filed on behalf of Discovery Key Investments Limited and Tang Hao with the United States Securities and Exchange Commission (the “SEC”) on April 10, 2017 (as amended and supplemented to date, the “Original Schedule 13D”). Except as provided herein, this Amendment No. 1 does not modify any of the information previously reported on the Original Schedule 13D.

Item 2. Identity and Background
Item 2 of the Original Schedule 13D is hereby amended and replaced in its entirety as follows:
(a) Buyer is a company organized under the laws of the British Virgin Islands. The sole director of Buyer is Mr. Tang.
(b) The address of the principal business and principal office of each of the Reporting Persons is 18/F, Three Exchange Square, Connaught Place, Central, Hong Kong.
(c) The principal business of Discovery Key Investments Limited is engaging in the business of investment holdings. Mr. Tang’s principal occupation is serving as the director of Discovery Key Investments Limited and is the control person of Goldenway Capital Management Ltd., a company incorporated under the laws of Cayman Islands and engaging in investment management.
(d) Neither Buyer nor Mr. Tang has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) Neither Buyer nor Mr. Tang has, during the last five years, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
Item 3 of the Original Schedule 13D is hereby amended and supplemented by adding the following at the end thereof:
On June 2, 2017, Buyer purchased 500,000 Common Shares of the Issuer in the open market at an average price of CAD23.52 per share for an aggregate purchase price of CAD11,757,650, all of which was funded through working capital of Buyer. As of the date hereof, all of these Common Shares are held in the name of Buyer.
On June 5, 2017, Buyer purchased 800,800 Common Shares of the Issuer in the open market at an average price of CAD23,59 per share for an aggregate purchase price of CAD18,894,796, all of which was funded through working capital of Buyer. As of the date hereof, all of these Common Shares are held in the name of Buyer.
On June 6, 2017, Buyer purchased 182,900 Common Shares of the Issuer in the open market at an average price of CAD23.95 per share for an aggregate purchase price of CAD4,380,254, all of which was funded through working capital of Buyer. As of the date hereof, all of these Common Shares are held in the name of Buyer.
On June 7, 2017, Buyer purchased 616,300 Common Shares of the Issuer in the open market at an average price of CAD23.84 per share for an aggregate purchase price of CAD14,690,866, all of which was funded through working capital of Buyer. As of the date hereof, all of the Common Shares are held in the name of Buyer.
Item 4. Purpose of Transaction
Item 4 of the Original Schedule 13D is hereby amended and supplemented by adding the following at the end thereof:
Buyer’s purchases of Common Shares of the Issuer in June 2017 were for investment purposes.
Item 5. Interest in Securities of the Issuer
Item 5 of the Original Schedule 13D is hereby amended and replaced by the following:
(a) – (b):
Name and Title of Beneficial Owner
 
Number of Outstanding Common Shares Beneficially Owned
 
Percentage of Outstanding Common Shares(3)
 
Sole power to vote or direct the vote:
 
Shared power to vote or to direct the vote:
 
Sole power to dispose or to direct the disposition of:
 
Shared power to dispose or to direct the disposition of:
Discovery Key Investments Limited
 
18,405,500
 
12.6%
 
18,405,500
 
0
 
18,405,500
 
0
Tang Hao
 
18,405,500
 
12.6%
 
18,405,500
 
0
 
18,405,500
 
0

(c)   Information concerning transactions in securities of the Issuer since April 10, 2017, the filing date of the Original Schedule 13D:
Date of Transaction
 
Number of Securities Purchased
 
Price Per Security(4) (CAD)
 
Aggregate Purchase Price (CAD)
June 2, 2017
 
500,000
 
23.52
  11,757,650
June 5, 2017
 
800,800
 
23.59
  18,894,796
June 6, 2017  
182,900
 
23.95
  4,380.254
June 7, 2017
 
616,300
  23.84   14,690,866

(d)   Not applicable.
(e)   Not applicable.

 
______________________________
3
Based on 146,496,265 common shares issued and outstanding, as reported by Amaya Inc. in its Management’s Discussion and Analysis for the three months ended March 31, 2017, as furnished to the SEC on May 12, 2017 as Exhibit 99.3 to its Form 6-K.
4
Average price for all purchases on the respective purchase date.

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.

Date:  June 8, 2017
 
 
Discovery Key Investments Limited
     
 
 
By:
 /s/ Tang Hao
 
 
Name:
 Tang Hao
 
 
Title:
 Director
       
   
Tang Hao
       
   
By:
 /s/ Tang Hao