-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WxkRAvU/ha2Va7CzfjDEXE7cAl/+p8NDmB/3UPdf3vwYhMVhzf0RVrH0dFe1kZ9R bPPpUDBRDw/kkkry+NXE5Q== 0000943663-01-500307.txt : 20020410 0000943663-01-500307.hdr.sgml : 20020410 ACCESSION NUMBER: 0000943663-01-500307 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20011109 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: IDT CORP CENTRAL INDEX KEY: 0001005731 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 223415036 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-48167 FILM NUMBER: 1780302 BUSINESS ADDRESS: STREET 1: 190 MAIN ST CITY: HACKENSACK STATE: NJ ZIP: 07601 BUSINESS PHONE: 2019281000 MAIL ADDRESS: STREET 1: 294 STATE STREET CITY: HACKENSACK STATE: NJ ZIP: 07601 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PETER CUNDILL & ASSOCIATES LTD ET AL CENTRAL INDEX KEY: 0000925925 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O 101 SOUTH HANLEY SUITE 1600 CITY: ST. LOUIS STATE: MO ZIP: 63105 BUSINESS PHONE: 314-862-1200 MAIL ADDRESS: STREET 1: 101 SOUTH HANLEY STREET 2: SUITE 1600 CITY: ST. LOUIS STATE: MO ZIP: 63105 SC 13G 1 schedule13g.txt SCHEDULE 13G FOR IDT CORPORATION UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. __) IDT CORPORATION (Name of Issuer) Class B Common Stock, par value $.01 per share (Title of Class of Securities) 448947309 (CUSIP Number) October 29, 2001 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |X| Rule 13d-1(c) |_| Rule 13d-1(d) The information required in 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). - ---------------------------- ------------------------- CUSIP No. 448947309 Page 11 of 11 Pages SCHEDULE 13G - ---------------------------- ------------------------- - --------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Peter Cundill & Associates (Bermuda) Ltd. N/A --------------------------------------------------------------------- - --------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |X| --------------------------------------------------------------------- - --------- --------------------------------------------------------------------- SEC USE ONLY 3 --------------------------------------------------------------------- - --------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Bermuda - --------- --------------------------------------------------------------------- - ----------------------- --------- --------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 229,100 BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH --------- --------- --------------------------------------------- 6 SHARED VOTING POWER 1,867,200 --------- --------- --------------------------------------------- 7 SOLE DISPOSITIVE POWER 1,777,600 --------- --------- --------------------------------------------- 8 SHARED DISPOSITIVE POWER 318,700 - ----------------------- --------- --------------------------------------------- - ----------- ------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,096,300 - ----------- ------------------------------------------------------------------- - ------------ ------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - ------------ ------------------------------------------------------------------ ------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.34% ------------------------------------------------------------------ - ------------ ------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON CO, IA (Canadian) - ------------ ------------------------------------------------------------------ - --------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Peter Cundill Holdings (Bermuda) Ltd. N/A - --------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |X| - --------- --------------------------------------------------------------------- 3 SEC USE ONLY - --------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Bermuda - --------- --------------------------------------------------------------------- - ----------------------- --------- --------------------------------------------- NUMBER OF SHARES 5 SOLE VOTING POWER BENEFICIALLY OWNED BY 0 EACH REPORTING PERSON WITH --------- --------------------------------------------- 6 SHARED VOTING POWER 2,096,300 --------- --------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 --------- --------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,096,300 - ------------ ------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,096,300 - ------------ ------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - ------------ ------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.34% - ------------ ------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON HC - ------------ ------------------------------------------------------------------ - --------- --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON F. Peter Cundill N/A - --------- --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |X| - --------- --------------------------------------------------------------------- 3 SEC USE ONLY - --------- --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Canada - --------- --------------------------------------------------------------------- - ----------------------- --------- --------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 0 OWNED BY EACH REPORTING PERSON WITH --------- --------------------------------------------- 6 SHARED VOTING POWER 2,096,300 --------- --------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 --------- --------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,096,300 - ----------------------- --------- --------------------------------------------- - ------------ ------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,096,300 - ------------ ------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_| - ------------ ------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.34% - ------------ ------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON IN - ------------ ------------------------------------------------------------------ Item 1. (a). Name of Issuer: IDT Corporation (b). Address of Issuer's Principal Executive Offices: 520 Broad Street Newark, New Jersey 07102 Item 2. (a). Name of Person Filing: (i) Peter Cundill & Associates (Bermuda) Ltd. ("PCB") (ii) Peter Cundill Holdings (Bermuda) Ltd. ("Holdings") (iii) F. Peter Cundill ("Cundill") (b). Address of Principal Business Office or, if none, Residence: PCB and Holdings: 15 Alton Hill Southampton SN01 Bermuda Cundill: Grosvenor House, Apt. 104 - Park Lane London W1A 3AA England (c). Citizenship or Place of Organization: PCB and Holdings: Bermuda Cundill: Canada (d). Title of Class of Securities: Class B Common Stock, par value $.01 per share (e). CUSIP Number: 448947309 Item 3. If this statement is filed pursuant to sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c.); (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) [ ] An investment adviser in accordance with section 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with section 240.13d-1(b)(1)(ii) (F); (g) [ ] A parent holding company or control person in accordance with section 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings associations as defined in section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with section 240.13d-1(b)(1) (ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a). Amount beneficially owned: (i) PCB: 2,096,300 (ii) Holdings: 2,096,300 (iii) Cundill: 2,096,300 (b). Percent of class: (i) PCB: 5.34% (ii) Holdings: 5.34% (iii) Cundill: 5.34% (c). Number of shares as to which the person has: (1) Sole power to vote or to direct the vote: (i) PCB: 229,100 (ii) Holdings: 0 (iii) Cundill: 0 (2) Shared power to vote or to direct the vote: (i) PCB: 1,867,200 (ii) Holdings: 2,096,300 (iii) Cundill: 2,096,300 (3) Sole power to dispose or to direct the disposition of : (i) PCB: 1,777,600 (ii) Holdings: 0 (iii) Cundill: 0 (4) Shared power to dispose or to direct the disposition of: (i) PCB: 318,700 (ii) Holdings: 2,096,300 (iii) Cundill: 2,096,300 Item 5. Ownership of Five Percent or Less of a Class: Not Applicable Item 6. Ownership of More Than Five Percent on Behalf of Another Person: Not Applicable Item 7. Identification and Classification of Subsidiaries which Acquired the Security Being Reported on by the Parent Holding Company: Not Applicable Item 8. Identification and Classification of Members of the Group: Not Applicable Item 9. Notice of Dissolution of Group: Not Applicable Item 10. Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. In accordance with Rule 13d-4 of the Securities Exchange Act of 1934, each of the persons filing this statement expressly disclaim the beneficial ownership of the securities covered by this statement and the filing of this report shall not be construed as an admission by such persons that they are the beneficial owners of such securities. SIGNATURES 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. PETER CUNDILL & ASSOCIATES (BERMUDA) LTD. Date: November 9, 2001 By: /s/Patrick W.D. Turley Patrick W.D. Turley Attorney-in-Fact* PETER CUNDILL HOLDINGS (BERMUDA) LTD. Date: November 9, 2001 By: /s/Patrick W.D. Turley Patrick W.D. Turley Attorney-in-Fact* F. PETER CUNDILL Date: November 9, 2001 By: /s/Patrick W.D. Turley Patrick W.D. Turley Attorney-in-Fact* *Pursuant to Power of Attorney on file with the Commission and incorporated by reference herein. EXHIBIT 1 JOINT FILING AGREEMENT AMONG PETER CUNDILL & ASSOCIATES (BERMUDA) LTD., PETER CUNDILL HOLDINGS (BERMUDA) LTD., AND F. PETER CUNDILL WHEREAS, in accordance with Rule 13d-1(k) under the Securities and Exchange Act of 1934 (the "Act"), only one joint statement and any amendments thereto need to be filed whenever one or more persons are required to file such a statement or any amendments thereto pursuant to Section 13(d) of the Act with respect to the same securities, provided that said persons agree in writing that such statement or amendments thereto is filed on behalf of each of them; NOW, THEREFORE, the parties hereto agree as follows: PETER CUNDILL & ASSOCIATES (BERMUDA) LTD., PETER CUNDILL HOLDINGS (BERMUDA) LTD., AND F. PETER CUNDILL hereby agree, in accordance with Rule 13d-1(k) under the Act, to file a statement on Schedule 13G relating to their ownership of Common Stock of the Issuer and do hereby further agree that said statement shall be filed on behalf of each of them. PETER CUNDILL & ASSOCIATES (BERMUDA) LTD. Date: November 9, 2001 By: /s/Patrick W.D. Turley Patrick W.D. Turley Attorney-in-Fact* PETER CUNDILL HOLDINGS (BERMUDA) LTD. Date: November 9, 2001 By: /s/Patrick W.D. Turley Patrick W.D. Turley Attorney-in-Fact* F. PETER CUNDILL Date: November 9, 2001 By: /s/Patrick W.D. Turley Patrick W.D. Turley Attorney-in-Fact* *Pursuant to Power of Attorney on file with the Commission and incorporated by reference herein. -----END PRIVACY-ENHANCED MESSAGE-----