0001072613-13-000437.txt : 20131115 0001072613-13-000437.hdr.sgml : 20131115 20131115160026 ACCESSION NUMBER: 0001072613-13-000437 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20131115 DATE AS OF CHANGE: 20131115 GROUP MEMBERS: CITY OF LONDON INVESTMENT MANAGEMENT CO SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INDIA FUND INC CENTRAL INDEX KEY: 0000917100 IRS NUMBER: 133749070 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-55017 FILM NUMBER: 131223971 BUSINESS ADDRESS: STREET 1: C/O ABERDEEN ASSET MANAGEMENT INC. STREET 2: 1735 MARKET STREET, 32ND FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: 2154055700 MAIL ADDRESS: STREET 1: C/O ABERDEEN ASSET MANAGEMENT INC. STREET 2: 1735 MARKET STREET, 32ND FLOOR CITY: PHILADELPHIA STATE: PA ZIP: 19103 FORMER COMPANY: FORMER CONFORMED NAME: INDIA FUND INC /NY NEW DATE OF NAME CHANGE: 19940106 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CITY OF LONDON INVESTMENT GROUP PLC CENTRAL INDEX KEY: 0001018138 IRS NUMBER: 000000000 FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 77 GRACECHURCH STREET CITY: LONDON STATE: X0 ZIP: EC3V0AS BUSINESS PHONE: 011441717110771 MAIL ADDRESS: STREET 1: 77 GRACECHURCH STREET STREET 2: LONDON ENLAND EC3V0AS CITY: LONDON STATE: X0 ZIP: EC3V0AS FORMER COMPANY: FORMER CONFORMED NAME: OLLIFF & PARTNERS PLC DATE OF NAME CHANGE: 19960705 SC 13D/A 1 indiafund13da_17565.htm SCHEDULE 13DA (#1) - THE INDIA FUND indiafund13da_17565.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D/A
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)


The India Fund, Inc.
(Name of Issuer)

Common Stock, par value $.01 per share
(Title of Class of Securities)

454089103
(CUSIP Number)

Barry M. Olliff
c/o City of London Investment Management Company Limited
77 Gracechurch Street, London, UK EC3V 0AS
+44 207 711 0771
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

September 4, 2013
(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), (f) or (g), check the following box o.

*The remainder of this cover page shall be filled out for a reporting person's 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 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

 
 
 
 
 
 
1
 
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
 
City of London Investment Group PLC, (CLIG) a company incorporated under the laws of England and Wales.
 
2
 
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP   
(a) o
(b) o
 
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)
 o
 
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
England and Wales
 
NUMBER OF
 
SHARES
 
BENEFICIALLY
 
OWNED BY
 
EACH
 
REPORTING
 
PERSON
 
WITH
 
7
 
SOLE VOTING POWER
 
0
 
8
 
SHARED VOTING POWER
 
3,894,077
 
9
 
SOLE DISPOSITIVE POWER
 
0
 
10
 
SHARED DISPOSITIVE POWER
 
3,894,077
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,894,077
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES   o
 
 
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
11.1%
 
14
 
TYPE OF REPORTING PERSON*
 
HC
 
 
- 2 -
 
 
 
1
 
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
 
City of London Investment Management Company Limited (CLIM), a company incorporated under the laws of England and Wales.
 
2
 
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP   
(a) o
(b) o
 
3
 
SEC USE ONLY
 
 
 
4
 
SOURCE OF FUNDS*
 
WC
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
 o
 
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
England and Wales
 
NUMBER OF
 
SHARES
 
BENEFICIALLY
 
OWNED BY
 
EACH
 
REPORTING
 
PERSON
 
WITH
 
7
 
SOLE VOTING POWER
 
0
 
8
 
SHARED VOTING POWER
 
3,894,077
 
9
 
SOLE DISPOSITIVE POWER
 
0
 
10
 
SHARED DISPOSITIVE POWER
 
3,894,077
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,894,077
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES   o
 
 
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
11.1%
 
14
 
TYPE OF REPORTING PERSON*
 
IA

 
- 3 -
 
This Amendment No. 1 to Schedule 13D (this “Amendment No. 1”) should be read in conjunction with the Schedule 13D filed with the U.S. Securities and Exchange Commission (the “SEC”) on September 4, 2013 (the “Original Schedule 13D”).

This Amendment No.1 amends Items 3 and 5 of the Original Schedule 13D.  All other information in the Original Schedule 13D remains in effect.  All capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Original Schedule 13D.

 
Item 3.                      Source and Amount of Funds or Other Considerations.

Beneficial ownership of the Shares to which this statement relates was acquired by the Reporting Persons with invested capital of the City of London Funds and the Segregated Accounts. The aggregate purchase price of the 3,894,077 Shares beneficially owned by the Reporting Persons was $82,355,540, inclusive of brokerage commissions. The aggregate purchase price of the 380,359 Shares owned directly by BMI was $8,089,650, inclusive of brokerage commissions. The aggregate purchase price of the 138,824 Shares owned directly by EWF was $3,043,793, inclusive of brokerage commissions. The aggregate purchase price of the 378,329 Shares owned directly by FREE was $8,064,900, inclusive of brokerage commissions. The aggregate purchase price of the 1,052,723 Shares owned directly by GBL was $22,102,804, inclusive of brokerage commissions.  The aggregate purchase price of the 744,945 Shares owned directly by INV was $15,818,982, inclusive of brokerage commissions. The aggregate purchase price of the 28,845 Shares owned directly by PLUS was $622,101, inclusive of brokerage commissions.  The aggregate purchase price of the 1,170,052 Shares owned directly by the Segregated Accounts was $24,613,308, inclusive of brokerage commissions.

 
Item 5.                      Interests in Securities of the Issuer.

(a)  
and (b).  As of the date hereof, CLIG, through its control of CLIM, and CLIM, in its capacity as investment adviser to the City of London Funds and the Segregated Accounts, have voting and dispositive power with respect to all 3,894,077 Shares owned directly by the City of London Funds and the Segregated Accounts, representing approximately 11.1% of the 35.166 million Shares outstanding as of October 31, 2013*, as reported by the Fund. As of the date hereof, BMI, EWF, FREE, GBL, INV, PLUS and the Segregated Accounts owned directly 380,359; 138,824; 378,329; 1,052,723; 744,945; 28,845; and 1,170,052 Shares, respectively, representing approximately 1.08%, 0.39%, 1.08%, 2.99%, 2.12%, 0.08%, and 3.33% respectively, of the 35.166 million Shares outstanding as of October 31, 2013*.

*The shares outstanding as at October 31, 2013 (35,166,900 shares) has been calculated by taking the last published shares outstanding as at September 30, 2013 (35,730,041 shares) and subtracting the shares repurchased (563,141 shares) in October 2013, as reported by Aberdeen Asset Management Inc.

(c). 
Information with respect to all transactions in the Shares beneficially owned by the Reporting Persons that were effected during the past 60 days is set forth below:
 
 
 
 
 
- 4 -
 
 
Portfolio
Tran Type
Trade Date
Par Values/Shares
Trade Price
Seg. Acct.
BUY
9/19/2013
44,700
19.83
Seg. Acct.
TENDER
9/20/2013
(20,391)
22.30
BMI
TENDER
9/20/2013
(51,134)
22.30
Seg. Acct.
TENDER
9/20/2013
(17,388)
22.30
Seg. Acct.
TENDER
9/20/2013
(1,650)
22.30
Seg. Acct.
TENDER
9/20/2013
(16,515)
22.30
Seg. Acct.
TENDER
9/20/2013
(8,779)
22.30
EWF
TENDER
9/20/2013
(21,151)
22.30
Seg. Acct.
TENDER
9/20/2013
(6,768)
22.30
FREE
TENDER
9/20/2013
(57,088)
22.30
GBL
TENDER
9/20/2013
(143,379)
22.30
Seg. Acct.
TENDER
9/20/2013
(5,894)
22.30
 
 
 
- 5 -
 
INV
TENDER
9/20/2013
(120,769)
22.30
Seg. Acct.
TENDER
9/20/2013
(14,925)
22.30
PLUS
TENDER
9/20/2013
(4,490)
22.30
Seg. Acct.
TENDER
9/20/2013
(9,923)
22.30
Seg. Acct.
TENDER
9/20/2013
(13,775)
22.30
Seg. Acct.
TENDER
9/20/2013
(19,530)
22.30
BMI
BUY
9/25/2013
10,100
19.04
GBL
BUY
9/27/2013
25,300
19.04
GBL
BUY
9/30/2013
88,694
19.02
BMI
BUY
10/1/2013
17,811
19.21
FREE
BUY
10/2/2013
4,849
19.21
BMI
BUY
10/3/2013
41,000
19.51
FREE
BUY
10/3/2013
25,770
19.51
GBL
BUY
10/3/2013
46,860
19.51
INV
BUY
10/3/2013
9,370
19.51
GBL
BUY
10/8/2013
18,583
19.59
Seg. Acct.
BUY
10/15/2013
57,620
20.33
Seg. Acct.
BUY
10/16/2013
14,212
20.40
Seg. Acct.
BUY
10/17/2013
9,161
20.50
Seg. Acct.
BUY
10/18/2013
76,400
20.94
Seg. Acct.
BUY
10/21/2013
4,000
20.88
Seg. Acct.
BUY
10/21/2013
10,000
20.88
Seg. Acct.
BUY
10/21/2013
1,000
20.88
PLUS
BUY
10/21/2013
500
20.88
Seg. Acct.
BUY
10/23/2013
763
20.64
Seg. Acct.
BUY
10/25/2013
13,985
20.60
Seg. Acct.
BUY
10/28/2013
7,319
20.43
Seg. Acct.
BUY
10/29/2013
3,000
20.83
Seg. Acct.
BUY
10/29/2013
15,000
20.83
EWF
BUY
10/29/2013
10,000
20.83
Seg. Acct.
BUY
10/29/2013
3,000
20.83
Seg. Acct.
BUY
10/30/2013
6,000
20.89
Seg. Acct.
BUY
10/30/2013
24,000
20.89
Seg. Acct.
BUY
10/31/2013
41,507
20.90
Seg. Acct.
BUY
10/31/2013
6,795
20.90
Seg. Acct.
BUY
10/31/2013
10,000
20.90
Seg. Acct.
BUY
11/4/2013
4,464
21.04
Seg. Acct.
BUY
11/5/2013
3,726
20.87
PLUS
BUY
11/5/2013
1,000
20.87
Seg. Acct.
BUY
11/7/2013
6,643
20.33
Seg. Acct.
BUY
11/7/2013
3,000
20.33
Seg. Acct.
BUY
11/8/2013
1,900
20.03
Seg. Acct.
BUY
11/12/2013
1,805
19.35
Seg. Acct.
SELL
11/12/2013
(25,480)
19.60
 
(d).  
Other than disclosed herein, no other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such Shares.
 
(e).  
Not applicable.
 
- 6 -
 
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.
 
 

November 15, 2013

CITY OF LONDON INVESTMENT GROUP PLC


/ s / Barry M. Olliff                                           
Name: Barry M. Olliff
Title: Director


CITY OF LONDON INVESTMENT MANAGEMENT COMPANY LIMITED


 / s/ Barry M. Olliff                                              
Name: Barry M. Olliff
Title: Director
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
- 7 -