Filing Details
- Accession Number:
- 0001393905-18-000008
- Form Type:
- 13D Filing
- Publication Date:
- 2018-01-09 11:08:47
- Filed By:
- Doogan Declan
- Company:
- Portage Biotech Inc.
- Filing Date:
- 2018-01-09
- 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 |
---|---|---|---|---|---|---|
Dr. Declan Doogan | 37,256,068 | 9 | 37,256,068 | 11 | 37,256,068 | 13% |
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Amendment No. 1
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(a)
Portage Biotech Inc. |
|
Ordinary Shares, No Par Value |
(Title of Class of Securities) |
G7185A102 |
(CUSIP Number) |
Andrew D. Hudders, Esq. Golenbock Eiseman Assor Bell & Peskoe LLP, 711 third Avenue, 17th Floor, New York, New York 10017 (212-907-7300) |
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
|
January 8, 2018 |
(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(b) 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).
SCHEDULE 13D
CUSIP No. | G7185A102 |
1 | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) | ||
Dr. Declan Doogan | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | ||
(a) [ ] (b) [ ] | |||
3 | SEC USE ONLY | ||
| |||
4 | SOURCE OF FUNDS (See Instructions) | ||
| |||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) | ||
[ ] | |||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||
U.S.A | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | |
37,256,068 | |||
8 | SHARED VOTING POWER | ||
| |||
9 | SOLE DISPOSITIVE POWER | ||
37,256,068 | |||
10 | SHARED DISPOSITIVE POWER | ||
| |||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||
37,256,068 | |||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) | ||
[ ] | |||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||
13% | |||
14 | TYPE OF REPORTING PERSON (See Instructions) | ||
IN |
Item 1. Security and Issuer
The class of equity securities to which this Statement of Schedule 13D (Schedule 13D) relates is the ordinary shares (Common Stock) of Portage Biotech Inc., a company organized under the laws of the British Virgin Islands (Issuer). The principal executive office of the Issuer is 7 Avenue Road, Suite 200, Toronto, Ontario, Canada, M5R 2G3.
Item 2. Identity and Background
No Change.
Item 3. Source and Amount of Funds or Other Considerations
The securities were acquired by the Reporting Person through the use of personal funds and provisions of services.
Item 4. Purpose of Transaction
No Change.
Item 5. Interest in Securities of the Issuer
(a)
The Reporting Person beneficially owns an aggregate of 37,256,068 shares of Common Stock, representing an aggregate of 13% of the Issuers Common Stock on a beneficial basis, based on 280,719,920 shares outstanding.
(b)
The Reporting Person has the sole power to vote and to dispose of the 37,256,068 shares of Common Stock.
(c)
The Reporting Person has acquired 6,345,068 shares of Common Stock during the 60 days preceding the date of this Amendment to the Schedule 13D, as follows:
Date | Number of Shares | Price | Explanation |
|
|
|
|
January 2, 2018 | 245,000 | N/A | Provision of services |
In addition to the acquisition of shares reported above in the table, the Reporting Person exercised options for 6,100,000 shares of Common Stock previously reported as beneficially owned, which are now owed directly.
(d)
Not applicable
(e)
Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
Not applicable.
Item 7. Material to Be Filed as Exhibits
Not applicable.
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.
Dated as of: January 8, 2018 |
|
| /s/ Dr. Declan Doogan |
| Dr. Declan Doogan |