-----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, OxVJ1lBwzyA9WauV8LUtfx7h93x5EsOJn3qRMOgde57xEHunsiVvJDst6zB8AJHb V0ScfePdkDHsY0HW36KvlA== 0000950142-07-000295.txt : 20070130 0000950142-07-000295.hdr.sgml : 20070130 20070130171715 ACCESSION NUMBER: 0000950142-07-000295 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20070130 DATE AS OF CHANGE: 20070130 GROUP MEMBERS: KENSICO CAPITAL MANAGEMENT CORP GROUP MEMBERS: MICHAEL LOWENSTEIN GROUP MEMBERS: THOMAS J. COLEMAN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Novelis Inc. CENTRAL INDEX KEY: 0001304280 STANDARD INDUSTRIAL CLASSIFICATION: ROLLING DRAWING & EXTRUDING OF NONFERROUS METALS [3350] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80784 FILM NUMBER: 07565427 BUSINESS ADDRESS: STREET 1: 3399 PEACHTREE ROAD NE, SUITE 1500 CITY: ATLANTA STATE: GA ZIP: 30326 BUSINESS PHONE: 404-814-4210 MAIL ADDRESS: STREET 1: 3399 PEACHTREE ROAD NE, SUITE 1500 CITY: ATLANTA STATE: GA ZIP: 30326 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KENSICO CAPITAL MANAGEMENT CORP CENTRAL INDEX KEY: 0001113000 IRS NUMBER: 134079277 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 55 RAILROAD AVENUE STREET 2: 2ND FLOOR CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-862-5800 MAIL ADDRESS: STREET 1: 55 RAILROAD AVENUE STREET 2: 2ND FLOOR CITY: GREENWICH STATE: CT ZIP: 06830 SC 13D/A 1 sc13da1_novelis.txt AMENDMENT NO. 1 =============================================================================== UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (AMENDMENT NO. 1)* NOVELIS INC. (Name of Issuer) COMMON STOCK, NO PAR VALUE (Title of Class of Securities) 67000X106 (CUSIP Number) MICHAEL LOWENSTEIN KENSICO CAPITAL MANAGEMENT CORPORATION 55 RAILROAD AVENUE, 2ND FLOOR GREENWICH, CONNECTICUT 06830 TEL. NO.: (203) 862-5800 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) JANUARY 26, 2007 (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 to this Schedule 13D, and is filing this schedule because of ss.ss. 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 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 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 purposes 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. 67000X106 PAGE 2 OF 12 SCHEDULE 13D - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Kensico Capital Management Corporation I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 13-4079277 - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) AF - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [_] - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OR ORGANIZATION Delaware - ------------------------------------------------------------------------------- 7 SOLE VOTING POWER 1,652,600 NUMBER OF --------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY --------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 1,652,600 PERSON --------------------------------- WITH 10 SHARED DISPOSITIVE POWER None - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,652,600 - ------------------------------------------------------------------------------- 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) 2.23% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO - ------------------------------------------------------------------------------- CUSIP NO. 67000X106 PAGE 3 OF 12 SCHEDULE 13D - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Michael Lowenstein - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) AF - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [_] - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OR ORGANIZATION United States of America - ------------------------------------------------------------------------------- 7 SOLE VOTING POWER 1,652,600 NUMBER OF --------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY --------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 1,652,600 PERSON --------------------------------- WITH 10 SHARED DISPOSITIVE POWER None - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,652,600 - ------------------------------------------------------------------------------- 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) 2.23% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - ------------------------------------------------------------------------------- CUSIP NO. 67000X106 PAGE 4 OF 12 SCHEDULE 13D - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON Thomas J. Coleman - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [_] - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) AF - ------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [_] - ------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OR ORGANIZATION United States of America - ------------------------------------------------------------------------------- 7 SOLE VOTING POWER 1,652,600 NUMBER OF --------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY None OWNED BY --------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 1,652,600 PERSON --------------------------------- WITH 10 SHARED DISPOSITIVE POWER None - ------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,652,600 - ------------------------------------------------------------------------------- 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) 2.23% - ------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - ------------------------------------------------------------------------------- CUSIP NO. 67000X106 PAGE 5 OF 12 AMENDMENT NO. 1 TO SCHEDULE 13D This Amendment No. 1 on Schedule 13D/A ("Amendment No. 1") to the Statement on Schedule 13D ("Schedule 13D") is filed on behalf of each of the following persons: (i) Kensico Capital Management Corporation ("Kensico Capital Management"); (ii) Michael Lowenstein; and (iii) Thomas J. Coleman. Kensico Capital Management, Mr. Lowenstein and Mr. Coleman are sometimes individually referred to herein as a "Reporting Person" and collectively as the "Reporting Persons" or "Kensico." This Amendment No. 1 is filed to reflect certain sales by the Reporting Persons of the Common Stock of the Company. Unless otherwise indicated, each capitalized term used but not otherwise defined herein shall have the meaning assigned to such term in the Schedule 13D. Item 1. SECURITY AND ISSUER. No change to this Item. Item 2. IDENTITY AND BACKGROUND. No change to this Item. Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. No change to this Item. Item 4. PURPOSE OF TRANSACTION. No change to this Item. Item 5. INTEREST IN SECURITIES OF THE ISSUER. Subsections (a) and (b) of Item 5 are deleted in their entirety and replaced with the following: "(a) and (b) As of January 30, 2007, Kensico Partners, Kensico Associates, Kensico Offshore, Kensico American Drawdown and Kensico Drawdown owned beneficially 315,100, 427,800, 575,300, 23,800 and 310,600 shares of the Common Stock, respectively, representing approximately 0.42%, 0.58%, 0.78%, 0.03% and 0.42%, respectively, of the 74,014,691 shares of the Common Stock outstanding as reported in publicly available information. As of January 30, 2007, Kensico Capital Management, in its capacity of investment advisor to the Funds, had sole voting and dispositive power with respect to 1,652,600 shares of the Common Stock, representing approximately 2.23% of the 74,014,691 shares of the Common Stock outstanding as reported in publicly available information. CUSIP NO. 67000X106 PAGE 6 OF 12 As of January 30, 2007, Mr. Lowenstein, in his capacity of Co-President of Kensico Capital Management, had sole voting and dispositive power with respect to 1,652,600 shares of the Common Stock, representing approximately 2.23% of the 74,014,691 shares of the Common Stock outstanding as reported in publicly available information and, in his individual capacity, had sole voting and dispositive power with respect to 0 shares of the Common Stock. As of January 30, 2007, Mr. Coleman, in his capacity of Co-President of Kensico Capital Management, had sole voting and dispositive power with respect to 1,652,600 shares of the Common Stock, representing approximately 2.23% of the 74,014,691 shares of the Common Stock outstanding as reported in publicly available information and, in his individual capacity, had sole voting and dispositive power with respect to 0 shares of the Common Stock." Subsections (c) and (d) of Item 5 are not changed. Subsection (e) of Item 5 is deleted in its entirety and replaced with the following: "As of January 26, 2006, Kensico ceased to be the beneficial owner of more than five percent of the shares of the Common Stock of the Company. In accordance with applicable federal securities rules and regulations, additional filings to report further transactions are no longer required." Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. No change to this Item. Item 7. MATERIAL TO BE FILED AS EXHIBITS. Exhibit 1: Schedule of Transactions in the Common Stock of the Company. Exhibit 2: Joint Filing Agreement, dated September 8, 2006 among the Reporting Persons.(1) - ----------- (1) Previously filed. CUSIP NO. 67000X106 PAGE 7 OF 12 SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: January 30, 2007 KENSICO CAPITAL MANAGEMENT CORPORATION /s/ Michael Lowenstein -------------------------------------- Signature Michael Lowenstein, Authorized Signatory -------------------------------------- Name/Title MICHAEL LOWENSTEIN /s/ Michael Lowenstein -------------------------------------- Signature THOMAS J. COLEMAN /s/ Thomas J. Coleman -------------------------------------- Signature EX-99 2 ex-1sc13da1_novelis.txt EXHIBIT 1 CUSIP NO. 67000X106 PAGE 8 OF 12 EXHIBIT 1 TRANSACTIONS BY KENSICO DRAWDOWN FUND, LP TRANSACTIONS IN THE COMMON STOCK - -------------------------------------------------------------------------------- Date of Number of shares of the Price per share of Transaction Common Stock Sold the Common Stock - -------------------------------------------------------------------------------- 01/26/2007 454,800 37.56 01/29/2007 155,000 37.11 01/30/2007 20,900 37.02 01/30/2007 44,200 36.55 CUSIP NO. 67000X106 PAGE 9 OF 12 TRANSACTIONS BY KENSICO OFFSHORE FUND, LTD. TRANSACTIONS IN THE COMMON STOCK - -------------------------------------------------------------------------------- Date of Number of shares of the Price per share of Transaction Common Stock Sold the Common Stock - -------------------------------------------------------------------------------- 01/26/2007 665,800 37.56 01/29/2007 316,800 37.11 01/30/2007 41,400 37.02 01/30/2007 91,400 36.55 CUSIP NO. 67000X106 PAGE 10 OF 12 TRANSACTIONS BY KENSICO PARTNERS, LP TRANSACTIONS IN THE COMMON STOCK - -------------------------------------------------------------------------------- Date of Number of shares of the Price per share of Transaction Common Stock Sold the Common Stock - -------------------------------------------------------------------------------- 01/26/2007 484,100 37.56 01/29/2007 173,500 37.11 01/30/2007 22,600 37.02 01/30/2007 50,000 36.55 CUSIP NO. 67000X106 PAGE 11 OF 12 TRANSACTIONS BY KENSICO ASSOCIATES, LP TRANSACTIONS IN THE COMMON STOCK - -------------------------------------------------------------------------------- Date of Number of shares of the Price per share of Transaction Common Stock Sold the Common Stock - -------------------------------------------------------------------------------- 01/26/2007 663,100 37.56 01/29/2007 235,600 37.11 01/30/2007 30,700 37.02 01/30/2007 68,000 36.55 CUSIP NO. 67000X106 PAGE 12 OF 12 TRANSACTIONS BY KENSICO AMERICAN DRAWDOWN FUND, LP TRANSACTIONS IN THE COMMON STOCK - -------------------------------------------------------------------------------- Date of Number of shares of the Price per share of Transaction Common Stock Sold the Common Stock - -------------------------------------------------------------------------------- 01/26/2007 93,200 37.56 01/29/2007 31,000 37.11 01/30/2007 4,200 37.02 01/30/2007 8,900 36.55 -----END PRIVACY-ENHANCED MESSAGE-----