0001145549-05-000035.txt : 20120628
0001145549-05-000035.hdr.sgml : 20120628
20050114061150
ACCESSION NUMBER: 0001145549-05-000035
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20050114
DATE AS OF CHANGE: 20050114
GROUP MEMBERS: I-STT INVESTMENTS PTE LTD
GROUP MEMBERS: SINGAPORE TECHNOLOGIES TELEMEDIA PTE LTD
GROUP MEMBERS: TEMASEK HOLDINGS (PRIVATE) LIMITED
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: EQUINIX INC
CENTRAL INDEX KEY: 0001101239
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
IRS NUMBER: 770487526
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-60479
FILM NUMBER: 05529174
BUSINESS ADDRESS:
STREET 1: 301 VELOCITY WAY, 5TH FLOOR
CITY: FOSTER CITY
STATE: CA
ZIP: 94404
BUSINESS PHONE: 650-513-7000
MAIL ADDRESS:
STREET 1: 301 VELOCITY WAY, 5TH FLOOR
CITY: FOSTER CITY
STATE: CA
ZIP: 94404
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: STT COMMUNICATIONS LTD
CENTRAL INDEX KEY: 0001139158
STATE OF INCORPORATION: U0
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: 51 CUPPAGE ROAD 310-11/17
STREET 2: SINGAPORE 229469
BUSINESS PHONE: 4657238689
MAIL ADDRESS:
STREET 1: 51 CUPPAGE ROAD 310-11/17
STREET 2: SINGAPORE 229469
SC 13D/A
1
u92468sc13dza.txt
EQUINIX, INC.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------------------
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 4 )
Equinix, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.001 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
2944U106
--------------------------------------------------------------------------------
(CUSIP Number)
Pek Siok Lan
STT Communications Ltd.
51 Cuppage Road
# 10-11/17, StarHub Center
229469 Singapore
Telephone (65) 6723 8668
Facsimile (65) 6720 7277
Copy to:
Michael W. Sturrock
Latham & Watkins LLP
80 Raffles Place, #14-20
UOB Plaza 2
Singapore 048624
Telephone (65) 6536 1161
Facsimile (65) 6536 1171
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
January 11, 2005
--------------------------------------------------------------------------------
(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(c), 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.
(1) 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 (however, see the Notes).
CUSIP NO. 2944U106 13D PAGE 2 OF 15 PAGES
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
TEMASEK HOLDINGS (PRIVATE) LIMITED
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
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
Singapore
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
11,718
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
10,158,530
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
11,718
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
10,158,530
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,170,248(1)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.7%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
(1) The Reporting Person expressly disclaims beneficial ownership of all shares
beneficially owned by i-STT Investments Pte Ltd.
CUSIP NO. 2944U106 13D PAGE 3 OF 15 PAGES
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
SINGAPORE TECHNOLOGIES TELEMEDIA PTE LTD
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
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
Singapore
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
0
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
10,158,530
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
10,158,530
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,158,530
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.6%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
CUSIP NO. 2944U106 13D PAGE 4 OF 15 PAGES
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
STT COMMUNICATIONS LTD.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
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
Singapore
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
0
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
10,158,530
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
10,158,530
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,158,530
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.6%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
CUSIP NO. 2944U106 13D PAGE 5 OF 15 PAGES
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
i-STT INVESTMENTS PTE LTD
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
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
Singapore
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
0
SHARES -----------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
10,158,530
OWNED BY EACH -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
10,158,530
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,158,530
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
39.6%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
Page 6 of 15 Pages
This Amendment No. 4 amends the Schedule 13D previously filed by STT
Communications Ltd. ("STT Comm") with the Securities and Exchange Commission on
October 11, 2002, as amended and restated by Amendment No. 1 to Schedule 13D
filed on January 3, 2003 by STT Comm, as further amended by Amendment No. 2 to
Schedule 13D filed on December 22, 2003 and as further amended by Amendment No.
3 to Schedule 13D filed on December 30, 2004 (as amended, the "Statement") with
respect to the common stock, par value $0.001 per share (the "Common Stock") of
Equinix, Inc., a Delaware corporation (the "Issuer"). Capitalized terms used but
not defined herein have the meanings given to them in the Statement.
ITEM 2. IDENTITY AND BACKGROUND
The information regarding the executive officers and directors of the Reporting
Persons set forth on Schedule A of the Statement is amended and restated in its
entirety as set forth on Schedule A attached hereto, which is incorporated
herein by reference.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Item 5 is hereby amended and restated in its entirety as follows:
On January 11, 2005, i-STTI executed a Conversion Agreement with the Issuer by
acknowledging and agreeing to the terms of a letter from the Issuer dated
January 10, 2005 (the "Conversion Agreement"), pursuant to which the Issuer
effected a conversion of 95% of the Notes and 95% of the Payment-In-Kind Notes
("PIK Notes") held by i-STTI into Series A-1 Convertible Preferred Stock of the
Issuer at a conversion price of $9.1779 per share with effect from January 1,
2005 (the "Notes Conversion"). In connection with the Notes Conversion,
4,144,216 shares of Series A-1 Convertible Preferred Stock will be issued to
i-STTI. The 4,144,216 shares of Series A-1 Convertible Preferred Stock issuable
under the Conversion Agreement are convertible into Common Stock of the Issuer
on a 1-for-1 basis at the option of i-STTI after January 31, 2005, which is the
expiration date of the applicable waiting period under the HSR Act.
i-STTI owns beneficially and of record 10,158,530 shares of Common Stock,
representing 39.6% of the outstanding shares of Common Stock. The shares include
1,084,686 shares of Common Stock acquired on December 31, 2002, 1,885,728 shares
of Common Stock acquired on November 21, 2003, 1,868,667 shares of Common Stock
that may be acquired upon conversion of the Series A Convertible Preferred Stock
owned of record by i-STTI, 4,144,216 shares of Common Stock that may be acquired
upon conversion of the Series A-1 Convertible Preferred Stock acquired upon the
Notes Conversion, 209,559 shares of Common Stock that may be acquired upon
conversion of the remaining Notes and PIK Notes owned of record by i-STTI as of
the date hereof, and 965,674 shares of Common Stock that may be acquired upon
the conversion of the Series A Convertible Preferred Stock acquired upon the
exercise of the Warrants owned of record by i-STTI. Because of the relationships
described in Item 2 above, the Singapore Parent Entities may be deemed to
beneficially own the shares owned of record by i-STTI. Temasek disclaims
beneficial ownership of the shares owned beneficially and of record by i-STTI.
In addition to the share amounts detailed in the preceding paragraph, Temasek
may be deemed to beneficially own 11,718 additional shares of Common Stock,
representing 0.05% of the outstanding Common Stock. The additional 11,718 shares
of Common Stock are owned beneficially and of record by Temasek's indirect,
wholly-owned subsidiary, T.H.e Venture Pte Ltd.
Page 7 of 15 Pages
The calculation of the percentages in the foregoing paragraphs is based on the
number of shares of Common Stock disclosed as outstanding as of September 30,
2004 (i.e. 18,459,337 shares of Common Stock), in the Form 10-Q filed by the
Issuer on November 4, 2004. Except as set forth in this Statement, to the
knowledge of the Reporting Persons, no director or executive officer of any of
the Reporting Persons beneficially owns any other securities of the Issuer.
In connection with an internal restructuring that was completed on December 31,
2004, the shares of STT owned by STPL were transferred to Temasek with
effect from December 31, 2004, and STPL thereafter ceased to be a Reporting
Person.
Except as described in this Statement, there have been no transactions by the
Reporting Persons in securities of the Issuer during the past sixty days. To the
knowledge of the Reporting Persons, there have been no transactions by any
director or executive officer of any of the Reporting Persons in securities of
the Issuer during the past sixty days.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER
The description of the Conversion Agreement is qualified in its entirety by
reference to the Conversion Agreement, a copy of which appears as an exhibit to
this Statement.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
1. Conversion Agreement between the Issuer and i-STT Investments Pte Ltd dated
as of January 10, 2005.
Page 8 of 15 Pages
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
Dated: January 14, 2005 TEMASEK HOLDINGS (PRIVATE) LIMITED
By: /s/ Chia Yue Joo
----------------------------------
Name: Chia Yue Joo
Title: Managing Director,
Legal/Secretariat
SINGAPORE TECHNOLOGIES TELEMEDIA PTE LTD
By: /s/ Pek Siok Lan
----------------------------------
Name: Pek Siok Lan
Title: Company Secretary
STT COMMUNICATIONS LTD.
By: /s/ Pek Siok Lan
----------------------------------
Name: Pek Siok Lan
Title: Company Secretary
i-STT INVESTMENTS PTE LTD
By: /s/ Pek Siok Lan
----------------------------------
Name: Pek Siok Lan
Title: Director
Page 9 of 15 Pages
EXHIBIT INDEX
1. Conversion Agreement between the Issuer and i-STT Investments Pte Ltd dated
as of January 10, 2005.
Page 10 of 15 Pages
SCHEDULE A
The name, present principal occupation and business address of each director and
executive officer of the Reporting Persons is set forth below
The following is a list of the executive officers and directors of Temasek:
Name, Business Address and
Positions at Temasek Present Principal Occupation Citizenship
------------------------------------------ -------------------------------- --------------
S Dhanabalan Chairman, Singaporean
60B Orchard Road DBS Group Holdings Ltd
#06-18 Tower 2
The Atrium@Orchard
Singapore 238891
(Chairman, Temasek)
Kwa Chong Seng Chairman & Managing Director, Singaporean
1 Harbourfront Place ExxonMobil Asia Pacific
#06-00 Harbourfront Tower One Pte Ltd
Singapore 098633
(Deputy Chairman, Temasek)
Lim Siong Guan Permanent Secretary, Singaporean
100 High Street #09-01 Ministry of Finance
Singapore 179434
(Deputy Chairman, Temasek)
Sim Kee Boon Advisor, Singaporean
60B Orchard Road Temasek Advisory Panel
#06-18 Tower 2
The Atrium@Orchard
Singapore 238891
(Director, Temasek)
Fock Siew Wah Deputy Chairman, Singaporean
6 Shenton Way Fraser & Neave Ltd
DBS Building Tower One
46th Floor
Singapore 068809
(Director, Temasek)
Koh Boon Hwee Chairman, Singaporean
1 Kim Seng Promenade Singapore Airlines Ltd
#10-06 Great World City East Tower
Singapore 237994
(Director, Temasek)
Kua Hong Pak Director, Managing Director Singaporean
205 Braddell Road & Group CEO,
West Wing 2nd Floor ComfortDelgro Corporation Ltd
Singapore 579701
(Director, Temasek)
Page 11 of 15 Pages
Name, Business Address and
Positions at Temasek Present Principal Occupation Citizenship
------------------------------------------ -------------------------------- --------------
Ho Ching Executive Director and CEO, Singaporean
60B Orchard Road Temasek Holdings (Private)
#06-18 Tower 2 Limited
The Atrium@Orchard
Singapore 238891
(Director, Temasek)
Ng Kok Song Managing Director (Public Singaporean
168 Robinson Road Markets),
#37-01 Capital Tower Government of Singapore
Singapore 068912 Investment Corporation Private
(Director of Temasek) Limited
Gan Chee Yen Managing Director, Finance Singaporean
60B Orchard Road Temasek Holdings (Private)
#06-18 Tower 2 Limited
The Atrium@Orchard
Singapore 238891
(Managing Director, Finance of Temasek)
The following is a list of the executive officers and directors of STT:
Name, Business Address and
Positions at STT Present Principal Occupation Citizenship
------------------------------------------ -------------------------------- --------------
Tan Guong Ching Permanent Secretary, Ministry Singaporean
New Phoenix Park of Home Affairs
28 Irrawaddy Road
Singapore 329560
(Chairman and Director, STT)
Peter Seah Lim Huat Member, Temasek Advisory Panel Singaporean
51 Cuppage Road #09-01
StarHub Centre
Singapore 229469
(Deputy Chairman and Director of STT)
Lee Theng Kiat President and CEO, STT and STT Singaporean
51 Cuppage Road #10-11/17 Comm
StarHub Centre
Singapore 229469
(Director, President & CEO, STT)
Sum Soon Lim Corporate Adviser Singaporean
51 Cuppage Road #10-11/17
StarHub Centre
Singapore 229469
(Director, STT)
Bertie Cheng Shao Shiong Company Director Singaporean
51 Cuppage Road #10-11/17
StarHub Centre
Singapore 229469
(Director, STT)
Page 12 of 15 Pages
Name, Business Address and
Positions at STT Present Principal Occupation Citizenship
------------------------------------------ --------------------------------- --------------
Lim Ming Seong Chairman, CSE Global Ltd. Singaporean
No. 2 Ubi View
Singapore 408556
(Director, STT)
Tay Siew Choon Dy Chairman, Green Dot Capital Singaporean
8 Shenton Way #09-02 Pte Ltd
Temasek Towers
Singapore 068811
(Director, STT)
Sio Tat Hiang Executive Vice President, STT Singaporean
51 Cuppage Road #10-11/17 and STT Comm
StarHub Centre
Singapore 229469
(Executive Vice President, STT)
Pek Siok Lan Senior Vice President, Legal & Singaporean
51 Cuppage Road #10-11/17 General Counsel, STT and STT Comm
StarHub Centre
Singapore 229469
(Company Secretary, STT)
Jean F.H.P. Mandeville Chief Financial Officer, STT Belgian
51 Cuppage Road #10-11/17 and STT Comm
StarHub Centre
Singapore 229469
(Chief Financial Officer, STT)
Anupam Garg Senior Vice President, Indian
51 Cuppage Road #10-11/17 International Business
StarHub Centre Development, STT and STT Comm
Singapore 229469
(Senior Vice President, International
Business Development, STT)
Kek Soon Eng Senior Vice President, Singaporean
51 Cuppage Road #10-11/17 Management of Investee
StarHub Centre Companies, STT and STT Comm
Singapore 229469
(Senior Vice President, Management of
Investee Companies, STT)
Andrew Loh Senior Vice President, Singaporean
51 Cuppage Road #10-11/17 International Operations, STT
StarHub Centre and STT Comm
Singapore 229469
(Senior Vice President, International
Operations, STT)
Page 13 of 15 Pages
The following is a list of the executive officers and directors of STT Comm:
Name, Business Address and
Positions at STT Comm Present Principal Occupation Citizenship
------------------------------------------ -------------------------------- --------------
Tan Guong Ching Permanent Secretary, Ministry Singaporean
New Phoenix Park of Home Affairs
28 Irrawaddy Road
Singapore 329560
(Chairman and Director, STT Comm)
Peter Seah Lim Huat Member, Temasek Advisory Panel Singaporean
51 Cuppage Road #09-01
StarHub Centre
Singapore 229469
(Deputy Chairman and Director of STT Comm)
Lee Theng Kiat President and CEO, STT and STT Singaporean
51 Cuppage Road #10-11/17 Comm
StarHub Centre
Singapore 229469
(Director, President & CEO, STT Comm)
Sum Soon Lim Corporate Adviser Singaporean
51 Cuppage Road #10-11/17
StarHub Centre
Singapore 229469
(Director, STT Comm)
Bertie Cheng Shao Shiong Company Director Singaporean
51 Cuppage Road #10-11/17
StarHub Centre
Singapore 229469
(Director, STT Comm)
Lim Ming Seong Chairman, CSE Global Ltd. Singaporean
No. 2 Ubi View
Singapore 408556
(Director, STT Comm)
Tay Siew Choon Dy Chairman, Green Dot Capital Singaporean
8 Shenton Way #09-02 Pte Ltd
Temasek Towers
Singapore 068811
(Director, STT Comm)
Sio Tat Hiang Executive Vice President, STT Singaporean
51 Cuppage Road #10-11/17 & STT Comm
Starhub Centre
Singapore 229469
(Executive Vice President, STT Comm)
Pek Siok Lan Senior Vice President, Legal & Singaporean
51 Cuppage Road #10-11/17 General Counsel, STT and STT
StarHub Centre Comm
Singapore 229469
(Company Secretary, STT Comm)
Page 14 of 15 Pages
Name, Business Address and
Positions at STT Comm Present Principal Occupation Citizenship
------------------------------------------ -------------------------------- --------------
Jean F.H.P. Mandeville Chief Financial Officer, STT Belgian
51 Cuppage Road #10-11/17 and STT Comm
StarHub Centre
Singapore 229469
(Chief Financial Officer, STT Comm)
Anupam Garg Senior Vice President, Indian
51 Cuppage Road #10-11/17 International Business
StarHub Centre Development, STT and STT Comm
Singapore 229469
(Senior Vice President, International
Business Development, STT Comm)
Kek Soon Eng Senior Vice President, Singaporean
51 Cuppage Road #10-11/17 Management of Investee
StarHub Centre Companies, STT and STT Comm
Singapore 229469
(Senior Vice President, Management of
Investee Companies, STT Comm)
Andrew Loh Senior Vice President, Singaporean
51 Cuppage Road #10-11/17 International Operations, STT
StarHub Centre and STT Comm
Singapore 229469
(Senior Vice President, International
Operations, STT Comm)
The following is a list of the executive officers and directors of i-STTI:
Name, Business Address and Positions
at i-STTI Present Principal Occupation Citizenship
------------------------------------------ -------------------------------- --------------
Lee Theng Kiat President and CEO, Singaporean
51 Cuppage Road, STT and STT Comm
#10-11/17 StarHub Centre
Singapore 229469
(Director, i-STTI)
Sio Tat Hiang Executive Vice-President, Singaporean
51 Cuppage Road, STT and STT Comm
#10-11/17 StarHub Centre
Singapore 229469
(Director, i-STTI)
Page 15 of 15 Pages
Name, Business Address and Positions
at i-STTI Present Principal Occupation Citizenship
------------------------------------------ -------------------------------- --------------
Jean F.H.P. Mandeville Chief Financial Officer, Belgian
51 Cuppage Road, STT and STT Comm
#10-11/17 StarHub Centre
Singapore 229469
(Director, i-STTI)
Pek Siok Lan Senior Vice President, Legal & Singaporean
51 Cuppage Road General Counsel,
#10-11/17 StarHub Centre STT Comm and STT
Singapore 229469
(Director, i-STTI)
EX-1
2
u92468exv1.txt
EX-1 CONVERSION AGREEMENT DATED JANUARY 10, 2005
Exhibit 1
[EQUINIX COMPANY LETTERHEAD]
10 January 2005
CONFIDENTIAL
VIA FACSIMILE AND OVERNIGHT DELIVERY
Board of Directors
i-STT Investments Pte Ltd
51 Cuppage Road
#10-11/17
Starhub Centre
Singapore 229469
Dear Jean,
RE: A-1 NOTE CONVERSION
This letter memorializes the agreement between i-STT Investments Pte Ltd
("i-STT") and Equinix, Inc. ("Equinix" or the "Company") regarding the
conversion of 95% of the Company's A-1 Notes held by i-STT into shares of the
Company's Series A-1 Preferred Stock. All capitalized terms not otherwise
defined in this letter agreement shall have the meanings ascribed to them in
that certain Securities Purchase Agreement dated October 2, 2002, among the
Company and i-STT (the "Purchase Agreement").
Equinix hereby elects to effect an Optional Conversion of 95% of the A-1 Notes
and PIK Notes paid through November 1, 2004, plus 95% of the accrued and unpaid
PIK Notes that would have been due had the A-1 Notes remained outstanding
through February 14, 2005 (collectively, the "Converted Notes"). The shares
issuable upon conversion of Converted Notes are calculated as follows:
95% of A-1 Notes, including 95% of PIK Notes paid
through November 1, 2004: $36,543,032.69
95% of accrued and unpaid interest November
1, 2004 through February 14, 2005: $ 1,492,173.84
Conversion price: $ 9.1779
Series A-1 Preferred Stock issuable January 1, 2005: 4,144,216
By executing this letter agreement in the space designated below, i-STT hereby
agrees that, as of 12:01 a.m. Pacific Time on January 1, 2005 (the "Settlement
Date"), the Converted Notes shall be converted into a total of 4,144,216 Series
A-1 Preferred Stock. Equinix undertakes to take any and all measures to effect
the subsequent conversion of any or all of the 4,144,216 Series A-1 Preferred
Stock into 4,144,216 Common Stock, as may be required from time to time by
i-STT, following i-STT's exercise of such conversion right(s) pursuant to
Equinix's Certificate of Designation dated 30 December 2002.
If you have any questions concerning this matter, please contact me at
(650) 513-7057.
Very truly yours,
Renee F. Lanam
cc: General Counsel, STT Communications Ltd
Brandi Galvin
Brett Pletcher
ACKNOWLEDGED AND AGREED:
i-STT Investments Pte. Ltd.
By: ________________________
Title: ________________________