Filing Details

Accession Number:
0001193125-17-300607
Form Type:
13D Filing
Publication Date:
2017-10-02 12:42:56
Filed By:
Vivendi
Company:
Telecom Italia S P A New (NYSE:TI)
Filing Date:
2017-10-02
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
Vivendi S.A 3,640,109,990 0 3,640,109,990 0 3,640,109,990 23.943%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

(Amendment No. 17)*

 

 

Telecom Italia S.p.A.

(Name of Issuer)

Ordinary Shares with no nominal value

(Title of Class of Securities)

87927W10

(CUSIP Number)

George E. Bushnell III, Esq.

Senior Vice President and Deputy General Counsel

Vivendi S.A

1755 Broadway

New York, New York 10019

Telecopy: (212) 445-3812

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

September 28, 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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-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 §240.13d-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 (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).

 

 

 


  1.   

Names of Reporting Person.

I.R.S. Identification Nos. of above persons (entities only)

 

Vivendi S.A.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☐

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)

 

WC, AF

  5.  

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)  ☐

 

  6.  

Citizenship or Place of Organization

 

France

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

3,640,109,990

     8.   

Shared Voting Power

 

0

     9.   

Sole Dispositive Power

 

3,640,109,990

   10.   

Shared Dispositive Power

 

0

11.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

3,640,109,990

12.  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  ☐

 

13.  

Percent of Class Represented by Amount in Row (11)

 

23.943%

14.  

Type of Reporting Person (See Instructions)

 

HC

 

2


This Amendment No. 17 (this Amendment) amends and supplements the Schedule 13D filed on July 1, 2015 (the Original Filing), as amended by Amendment No. 1 filed on October 5, 2015 (Amendment No. 1), Amendment No. 2 filed on October 23, 2015 (Amendment No. 2), Amendment No. 3 filed on December 17, 2015 (Amendment No. 3), Amendment No. 4 filed on January 20, 2016 (Amendment No. 4), Amendment No. 5 filed on February 19, 2016 (Amendment No. 5), Amendment No. 6 filed on March 1, 2016 (Amendment No. 6), Amendment No. 7 filed on March 11, 2016 (Amendment No. 7), Amendment No. 8 filed on May 10, 2016 (Amendment No. 8), Amendment No. 9 filed on May 20, 2016 (Amendment No, 9), Amendment No, 10 filed on November 22, 2016 (Amendment No. 10), Amendment No. 11 filed on December 6, 2016 (Amendment No. 11), Amendment No. 12 filed on December 7, 2016 (Amendment No. 12) Amendment No. 13 filed on April 14, 2017 (Amendment No. 13), Amendment No. 14 filed on May 10, 2017 (Amendment No. 14), Amendment No, 15 filed on June 2, 2015 (Amendment No, 15) and Amendment No. 16 filed on July 31, 2017 (Amendment No. 16, and together with the Original Filing and Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6, Amendment No. 7, Amendment No. 8, Amendment No. 9, Amendment No. 10, Amendment No. 11 Amendment No. 12, Amendment No. 13, Amendment No, 14, and Amendment No, 15, the Schedule 13D) by the Filing Person relating to the ordinary shares, without nominal value (the Shares), of Telecom Italia S.p.A., a company formed under the laws of the Republic of Italy (the Issuer or the Company). Information reported in the Schedule 13D remains in effect except to the extent that it is amended, supplemented, restated or superseded by information contained in this Amendment. Each capitalized term used herein but not defined in this Amendment shall have the meaning assigned to such term in the Schedule 13D.

Item 4. Purpose of the Transaction

Item 4 is hereby amended and supplemented by the addition of the following:

At a meeting held on September 28, 2017, the Issuers Board of Directors: (i) co-opted Amos Genish onto the Companys Board of Directors and appointed him Chief Executive Officer of the Company; (ii) defined new governance arrangements, including the powers granted to the Companys Executive Chairman, who is presently Arnaud de Puyfontaine (who also serves as Vivendis Chief Executive Officer), the Companys Executive Deputy Chairman, and the Companys Chief Executive Officer; and (iii) approved the principal of the creation of a joint venture with Canal+, a wholly-owned subsidiary of Vivendi. In addition, the Companys Board of Directors has also updated the Companys procedures for performing transactions with related parties, to take account of the ruling with which Consob deemed the Company subject to de facto control by Vivendi. Please see Exhibit 1 for more details.


Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that this information set forth in this statement is true, complete and correct.

Dated: October 2, 2017

 

VIVENDI S.A.
By:  

/s/ George E. Bushnell III

  Name:   George E. Bushnell III
  Title:   Senior Vice President
    & Deputy General Counsel

SCHEDULE I-A

The name and present principal occupation or employment (and the name, principal business and address of any corporation or other organization in which such employment is conducted) of each director of Vivendi are set forth below.

Unless otherwise specified, each person listed below is a citizen of France.

 

Name

  

Present principal occupation or employment

  

Principal Business Address and Citizenship (if other than
France)

Management Board      

Arnaud de Puyfontaine            

   Chairman of the Management Board and CEO, Vivendi    42, avenue de Friedland, 75008 Paris, France

Gilles Alix

  

Chief Executive Officer, Bolloré

Group

   42, avenue de Friedland, 75008 Paris, France

Cédric de Bailliencourt

  

Chief Financial Officer, Bolloré

Group

   42, avenue de Friedland, 75008 Paris, France

Stéphane Roussel

   Chief Operating Officer, Vivendi and Chief Executive Officer, Gameloft SE    42, avenue de Friedland, 75008 Paris, France

Frédéric Crépin

   Senior Executive Vice President and Group General Counsel, Vivendi    42, avenue de Friedland, 75008 Paris, France

Simon Gillham

   Chairman of Vivendi Village, Senior Executive Vice President, Communications, Vivendi    42, avenue de Friedland, 75008 Paris, France
Supervisory Board      

Vincent Bolloré

   Chairman of the Supervisory Board, Vivendi    42, avenue de Friedland, 75008 Paris, France

Philippe Bénacin

   Vice Chairman of the Supervisory Board, Co-Founder and Chairman and Chief Executive Officer, Interparfums SA    4, rond-point des Champs-Élysées 75008 Paris France

Tarak Ben Ammar

   Chairman of the Board and Managing Director, Quinta Communications    32-34, rue Poussin, 75016 Paris France Tunisian citizen

Yannick Bolloré

   Chairman and Chief Executive Officer, Havas Group   

29/30, quai de Dion Bouton

Puteaux Cedex 92800 France

Paulo Cardoso

   Assistant Treasurer, Vivendi    42, avenue de Friedland, 75008 Paris, France

Dominique Delport

   Global Managing Director and Chief Client Officer, Havas    29/30, Quai de Dion-Bouton, 92800 Puteaux, France

Véronique Driot-Argentin

   Training Manager, Vivendi    42, avenue de Friedland, 75008 Paris, France

Aliza Jabès

   Chairwoman, Nuxe group    19, rue Péclet, 75015 Paris, France

Cathia Lawson-Hall

   Senior Banker and Head of Financial Institutions Group for Africa, Société Générale   

17, Cours Valmy

92800 Paris La Défense 7, France

Sandrine Le Bihan

   Group Company Directory and Database Manager, Vivendi    42, avenue de Friedland, 75008 Paris, France

Virginie Morgon

   Deputy Chief Operating Officer and member of the Management Board, Eurazeo    1, rue Georges Berger, 75017 Paris France

Katie Stanton

   Chief Marketing Officer, Color Genomics   

1801 Murchison Dr #128, Burlingame, CA 94010, USA

American citizen