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
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
Nokia Corporation 3 0 3 0 95.4%
Filing

 

 

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
than Nokia)

  

Country of
Citizenship

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.