0000950123-11-034954.txt : 20110412 0000950123-11-034954.hdr.sgml : 20110412 20110412163156 ACCESSION NUMBER: 0000950123-11-034954 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110412 DATE AS OF CHANGE: 20110412 GROUP MEMBERS: BUTTERFIELD TRUST (SWITZERLAND) LIMITED GROUP MEMBERS: LAURENT ASSCHER GROUP MEMBERS: THE KATELIA TRUST SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: IXIA CENTRAL INDEX KEY: 0001120295 STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825] IRS NUMBER: 954635982 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60547 FILM NUMBER: 11755192 BUSINESS ADDRESS: STREET 1: 26601 W AGOURA RD CITY: CALABASAS STATE: CA ZIP: 91302 BUSINESS PHONE: 8188711800 MAIL ADDRESS: STREET 1: 26601 W. AGOURA RD CITY: CALABASAS STATE: CA ZIP: 91302 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Katelia Capital Group Ltd. CENTRAL INDEX KEY: 0001486317 IRS NUMBER: 000000000 STATE OF INCORPORATION: D8 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: TRIDENT CHAMBERS STREET 2: P.O. BOX 146, ROAD TOWN CITY: TORTOLA STATE: D8 ZIP: 00000 BUSINESS PHONE: 011.1.284.494.2434 MAIL ADDRESS: STREET 1: TRIDENT CHAMBERS STREET 2: P.O. BOX 146, ROAD TOWN CITY: TORTOLA STATE: D8 ZIP: 00000 SC 13D/A 1 v59215sc13dza.htm SC 13D/A sc13dza
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
IXIA
 
(Name of Issuer)
Common Stock
 
(Title of Class of Securities)
45071R109
 
(CUSIP Number)
Katelia Capital Group Ltd.
Trident Chambers
P.O. Box 146, Road Town
Tortola, British Virgin Islands
1-284-494-2434
 
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
April 7, 2011
 
(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. o
(Continued on the following pages)
 
    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 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.
 
 

 

                     
 
  
 
  

 

           
1   NAMES OF REPORTING PERSONS

Katelia Capital Group Ltd.
     
     
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 IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  British Virgin Islands
       
  7   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   13,108,000 shares, the voting power of which is shared with (i) The Katelia Trust, (ii) Butterfield Trust (Switzerland) Limited, as Trustees of The Katelia Trust, and (iii) Laurent Asscher
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH 10   SHARED DISPOSITIVE POWER
     
    13,108,000 shares, the dispositive power of which is shared with (i) The Katelia Trust, (ii) Butterfield Trust (Switzerland) Limited, as Trustees of The Katelia Trust, and (iii) Laurent Asscher
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  13,108,000 shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  19.1%
     
14   TYPE OF REPORTING PERSON
   
  CO

 

                     
 
  
 
  

 

           
1   NAMES OF REPORTING PERSONS

The Katelia Trust
     
     
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 IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  British Virgin Islands
       
  7   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   13,108,000 shares, the voting power of which is shared with (i) Katelia Capital Group Ltd., (ii) Butterfield Trust (Switzerland) Limited, as Trustees of The Katelia Trust, and (iii) Laurent Asscher
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH 10   SHARED DISPOSITIVE POWER
     
    13,108,000 shares, the dispositive power of which is shared with (i) Katelia Capital Group Ltd., (ii) Butterfield Trust (Switzerland) Limited, as Trustees of The Katelia Trust, and (iii) Laurent Asscher
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  13,108,000 shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  19.1%
     
14   TYPE OF REPORTING PERSON
   
  OO

 

                     
 
  
 
  

 

           
1   NAMES OF REPORTING PERSONS

Butterfield Trust (Switzerland) Limited
     
     
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 IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Switzerland
       
  7   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   13,108,000 shares, the voting power of which is shared with (i) Katelia Capital Group Ltd., (ii) The Katelia Trust, and (iii) Laurent Asscher
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH 10   SHARED DISPOSITIVE POWER
     
    13,108,000 shares, the dispositive power of which is shared with (i) Katelia Capital Group Ltd., (ii) The Katelia Trust, and (iii) Laurent Asscher
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  13,108,000 shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  19.1%
     
14   TYPE OF REPORTING PERSON
   
  CO

 

                     
 
  
 
  

 

           
1   NAMES OF REPORTING PERSONS

Laurent Asscher
     
     
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 IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  France
       
  7   SOLE VOTING POWER
     
NUMBER OF   20,667 shares
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   13,108,000 shares, the voting power of which is shared with (i) Katelia Capital Group Ltd., (ii) The Katelia Trust and (iii) Butterfield Trust (Switzerland) Limited, as Trustees of The Katelia Trust
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   20,667 shares
       
WITH 10   SHARED DISPOSITIVE POWER
     
    13,108,000 shares, the dispositive power of which is shared with (i) Katelia Capital Group Ltd., (ii) The Katelia Trust and (iii) Butterfield Trust (Switzerland) Limited, as Trustees of The Katelia Trust
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  13,128,667 shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  19.2%
     
14   TYPE OF REPORTING PERSON
   
  IN

 

Explanatory Note
     This Amendment No. 1 to Schedule 13D (this “Amendment”) amends the initial Statement on Schedule 13D filed March 10, 2010 of Katelia Capital Group Ltd. (“Katelia Capital”), The Katelia Trust (the “Trust”), Butterfield Trust (Switzerland) Limited (the “Trustee”) and Laurent Asscher (“L. Asscher”) (the “Initial Schedule 13D”) (Katelia Capital, the Trust, the Trustee and L. Asscher collectively referred to hereinafter as the “Reporting Persons”). Except as otherwise set forth herein, this Amendment does not modify any of the information previously reported in the Initial Schedule 13D.
Item 1.   Security and Issuer.
     This Amendment relates to the Common Stock, without par value (“Common Stock”), of Ixia, a California corporation (“Ixia” or the “Company”). The address of the Company’s principal executive offices is 26601 W. Agoura Road, Calabasas, California 91302.
Item 2.   Identity and Background.
     The information set forth in Item 2 of the Initial Schedule 13D is incorporated herein by reference.
Item 3.   Source and Amount of Funds or Other Consideration.
     The information set forth in Item 3 of the Initial Schedule 13D is incorporated herein by reference.
Item 4.   Purpose of Transaction.
     The information set forth in Item 6 of this Amendment and Item 4 of the Initial Schedule 13D is incorporated herein by reference.
Item 5.   Interest in Securities of the Issuer.
     The following information with respect to the ownership of Ixia’s Common Stock by each of the Reporting Persons is provided as of April 7, 2011. The percentages used in this Amendment are calculated based upon the number of outstanding shares of Common Stock as

 

 

reported in the Company’s Annual Report on Form 10-K filed for the fiscal year ended December 31, 2010.
     (a) 1. Aggregate number of shares beneficially owned: See Row 11 of cover page for each Reporting Person.
     With respect to the aggregate number of shares beneficially owned by L. Asscher, such number consists of (i) 19,667 shares owned directly by L. Asscher and (ii) 1,000 shares subject to Restricted Stock Units held by L. Asscher which will vest (and shares will be issued) within 60 days after April 7, 2011.
     2. Percentage: See Row 13 of cover page for each Reporting Person.
     (b) 1. Sole power to vote or to direct vote: See Row 7 of cover page for each Reporting Person.
     2. Shared power to vote or to direct vote: See Row 8 of cover page for each Reporting Person.
     3. Sole power to dispose or to direct the disposition: See Row 9 of cover page for each Reporting Person.
     4. Shared power to dispose or to direct disposition: See Row 10 of cover page for each Reporting Person.
     (c) None.
     (d) The information set forth in Item 6 of this Amendment is incorporated herein by reference.
     (e) Not applicable.
Item 6.   Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
     Effective April 7, 2011, Katelia Capital pledged 2,000,000 shares of Ixia Common Stock to Merrill Lynch International Bank Limited (London Branch) (“Merrill Lynch”) as security for a credit facility provided by Merrill Lynch to Katelia Capital. Katelia Capital may also be required to pledge up to an additional 3,000,000 shares of Ixia Common Stock in the event of certain declines in the trading price of Ixia Common Stock.
     The information set forth in Item 5 of this Amendment and Item 6 of the Initial Schedule 13D is incorporated herein by reference.

 

 

Item 7.   Material to Be Filed as Exhibits.
     
Exhibit Number   Description
 
    
1.
  Agreement to File Joint Statements on Schedule 13D (hereby incorporated by reference to Exhibit 99.1 to the initial Statement on Schedule 13D filed March 10, 2010 of Katelia Capital Group Ltd., The Katelia Trust, Butterfield Trust (Switzerland) Limited and Laurent Asscher).
 
    
2.
  Transfer Agreement dated as of March 2, 2010 between Technology Capital Group S.A. and Katelia Capital Group Limited (hereby incorporated by reference to Exhibit 99.2 to the initial Statement on Schedule 13D filed March 10, 2010 of Katelia Capital Group Ltd., The Katelia Trust, Butterfield Trust (Switzerland) Limited and Laurent Asscher).
 
    
3.
  Share Purchase Agreement dated as of March 2, 2010 between Katelia Capital Group Ltd. and Swaylands Corp. (hereby incorporated by reference to Exhibit 99.3 to the initial Statement on Schedule 13D filed March 10, 2010 of Katelia Capital Group Ltd., The Katelia Trust, Butterfield Trust (Switzerland) Limited and Laurent Asscher).

 

 

SIGNATURES
     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Amendment is true, complete and correct.
         
  Date: April 8, 2011

KATELIA CAPITAL GROUP LTD.
 		  
  By:   Pendragon Management, Sole Director    
 
     
  By:   /s/ James Parker    
    Print Name:   James Parker   
    Title:   Authorized Signatory   
 
     
  By:   /s/ Annick Ducraux    
    Print Name:   Annick Ducraux   
    Title:   Authorized Signatory   
 
  THE KATELIA TRUST
 		  
  By:   Butterfield Trust (Switzerland) Limited,
as Trustees  		  
 
     
  By:   /s/ James Parker    
    Print Name:   James Parker   
    Title:   Authorized Signatory   
 
     
  By:   /s/ Annick Ducraux    
    Print Name:   Annick Ducraux   
    Title:   Authorized Signatory   
 
  BUTTERFIELD TRUST (SWITZERLAND)
LIMITED
 		  
  By:   /s/ James Parker    
    Print Name:   James Parker   
    Title:   Authorized Signatory   
 
     
  By:   /s/ Annick Ducraux    
    Print Name:   Annick Ducraux   
    Title:   Authorized Signatory   
 
     
  /s/ Laurent Asscher    
  Laurent Asscher (signature)   
     

 

 

         
EXHIBIT INDEX
     
Exhibit Number   Description
 
    
1.
  Agreement to File Joint Statements on Schedule 13D (hereby incorporated by reference to Exhibit 99.1 to the initial Statement on Schedule 13D filed March 10, 2010 of Katelia Capital Group Ltd., The Katelia Trust, Butterfield Trust (Switzerland) Limited and Laurent Asscher).
 
    
2.
  Transfer Agreement dated as of March 2, 2010 between Technology Capital Group S.A. and Katelia Capital Group Limited (hereby incorporated by reference to Exhibit 99.2 to the initial Statement on Schedule 13D filed March 10, 2010 of Katelia Capital Group Ltd., The Katelia Trust, Butterfield Trust (Switzerland) Limited and Laurent Asscher).
 
    
3.
  Share Purchase Agreement dated as of March 2, 2010 between Katelia Capital Group Ltd. and Swaylands Corp. (hereby incorporated by reference to Exhibit 99.3 to the initial Statement on Schedule 13D filed March 10, 2010 of Katelia Capital Group Ltd., The Katelia Trust, Butterfield Trust (Switzerland) Limited and Laurent Asscher).