0000950157-15-000329.txt : 20150326 0000950157-15-000329.hdr.sgml : 20150326 20150326164120 ACCESSION NUMBER: 0000950157-15-000329 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150326 DATE AS OF CHANGE: 20150326 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GasLog Ltd. CENTRAL INDEX KEY: 0001534126 STANDARD INDUSTRIAL CLASSIFICATION: WATER TRANSPORTATION [4400] IRS NUMBER: 000000000 STATE OF INCORPORATION: D0 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-86887 FILM NUMBER: 15728150 BUSINESS ADDRESS: STREET 1: Gildo Pastor Center STREET 2: 7 Rue Du Gabian CITY: MC STATE: O9 ZIP: 98000 BUSINESS PHONE: 377 97 97 51 15 MAIL ADDRESS: STREET 1: Gildo Pastor Center STREET 2: 7 Rue Du Gabian CITY: MC STATE: O9 ZIP: 98000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Livanos Peter G. CENTRAL INDEX KEY: 0001553413 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: C/O GASLOG MONACO SAM STREET 2: GILDO PASTOR CENTER 7 RUE DU GABIAN CITY: MONACO STATE: O9 ZIP: 98000 SC 13D/A 1 sc13da.htm AMENDMENT NO. 4 sc13da.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D
Under the Securities Exchange Act of 1934

(Amendment No. 4)

GasLog Ltd.

(Name of Issuer)

Common Shares, par value $0.01 per share 

(Title of Class of Securities)

G37585109
(CUSIP Number)

Peter G. Livanos
c/o GasLog Monaco S.A.M.
Gildo Pastor Center
7 Rue du Gabian
98000, Monaco

Copies to:

William P. Rogers, Jr., Esq.
Cravath, Swaine & Moore LLP
Worldwide Plaza
825 Eighth Avenue
New York, New York 10019
+1 (212) 474-1000
(telephone number)
+1 (212) 474-3700
(facsimile number)
Charles Lubar, Esq.
Morgan, Lewis & Bockius LLP
Condor House
5-10 St. Paul’s Churchyard
London, ENGLAND EC4M 8AL
+44 (0)20 3201 5531
(telephone number)
+44 (0)20 3201 5001
(facsimile number)


(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)


March 26, 2015

(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 §§240.13d-1(e), 240.13d-l(f) or 240.13d-l(g), check the following box. o

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.
 
 


 
 
 

 
 
 
CUSIP No.  G37585109
 
1
NAMES OF REPORTING PERSONS
 
Peter G. Livanos
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) x
(b) o
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
 
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Greece and the United Kingdom
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
31,403,442
8
SHARED VOTING POWER
 
541,000
9
SOLE DISPOSITIVE POWER
 
31,403,442
10
SHARED DISPOSITIVE POWER
 
541,000
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
31,944,442
12
CHECK 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
 
IN
 
 
 
 
 

 
 
 
CUSIP No. G37585109
 
1
NAMES OF REPORTING PERSONS
 
Ceres Shipping Ltd.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) x
(b) o
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
 
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Bermuda
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
29,727,014
8
SHARED VOTING POWER
 
 
9
SOLE DISPOSITIVE POWER
 
29,727,014
10
SHARED DISPOSITIVE POWER
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
29,727,014
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
¨
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
36.9%
14
TYPE OF REPORTING PERSON
 
CO
 
 
 
 
 

 
 
 
CUSIP No. G37585109
 
1
NAMES OF REPORTING PERSONS
 
Blenheim Holdings Ltd.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) x
(b) o
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
 
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
 
¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Bermuda
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
 
29,727,014
8
SHARED VOTING POWER
 
 
9
SOLE DISPOSITIVE POWER
 
29,727,014
10
SHARED DISPOSITIVE POWER
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
29,727,014
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
¨
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
36.9%
14
TYPE OF REPORTING PERSON
 
CO
 
 
 
 

 
 
Explanatory Note

The purpose of this Amendment No. 4 (this “Amendment No. 4”) to the Schedule 13D filed with the U.S. Securities and Exchange Commission (the “Commission”) on June 29, 2012 (the “Original Schedule 13D”), as amended on March 13, 2014, April 16, 2014 and September 26, 2014 (as amended, the “Amended Schedule 13D”) is to update the percentage of common shares (the “Shares”) of GasLog Ltd. (the “Issuer”) beneficially owned by the reporting persons to reflect the revised total number of outstanding Shares, as reported by the Issuer in the Annual Report on Form 20-F filed with the Commission on March 26, 2015 (the “Annual Report”). This Amendment No. 4 also updates the disclosure (i) to reflect the purchase of an aggregate of 396,000 Shares (approximately 0.49% of the Issuer’s outstanding Shares) in the open market by entities controlled by Peter G. Livanos and (ii) to remove Falconera Navigation Inc. (“Falconera”), Maple Tree Holdings Ltd. (“Maple Tree”) and Ash Tree S.A. (“Ash Tree”) as co-filers because they each beneficially own less than 5% of the Issuer’s outstanding Shares. The Shares beneficially owned by Falconera, Maple Tree and Ash Tree are disclosed in Item 5 below.

Except as set forth below, all Items in the Amended Schedule 13D remain unchanged. Capitalized terms used in this Amendment No. 4 and not otherwise defined shall have the respective meanings assigned to such terms in the Amended Schedule 13D.

Item 2. Identity and Background

Item 2 is amended and restated as follows:

Reporting Person/
Director/Officer/Control Person
of a Reporting Person
Address of
Principal Office/Business or
Residence Address
Jurisdiction of Incorporation/
Citizenship
Name/Address of
Employer and Occupation
Principal Business
Peter G. Livanos
 
c/o GasLog Monaco S.A.M.
Gildo Pastor Center
7 rue du Gabian
98000, Monaco
Greece and
United Kingdom
GasLog Ltd.
c/o GasLog Monaco S.A.M.
Gildo Pastor Center
7 rue du Gabian
98000, Monaco
 
Chairman
 
Ceres Shipping Ltd.
Clarendon House 2
Church Street, Hamilton, Bermuda
 
Chairman and
sole shareholder
international owner, operator and manager of LNG carriers
 
 
 
 
 
holding company that has interests in tankers, dry bulk carriers and containerships
Ceres Shipping Ltd.
Clarendon House
2 Church Street
Hamilton, Bermuda
Bermuda
N/A
See above
 
Directors
 
Peter G. Livanos
See above
See above
See above
See above
 
Bruce L. Blythe
Minera Mews
London SW1W 9JD
U.S.A. and United Kingdom
GasLog Ltd.
c/o GasLog Monaco S.A.M.
Gildo Pastor Center
7 rue du Gabian
98000, Monaco
 
Director
 
Ceres Shipping Ltd.
Clarendon House
2 Church Street
Hamilton, Bermuda
 
Director
See above
 
 
 
 
 
 
 
See above
 
 
 
 

 
 
 
 
Reporting Person/
Director/Officer/Control Person
of a Reporting Person
Address of
Principal Office/Business or
Residence Address
Jurisdiction of Incorporation/
Citizenship
Name/Address of
Employer and Occupation
Principal Business
 
Jean Haramis
c/o Ceres Monaco S.A.M.
Gildo Pastor Center
7 rue du Gabian
98000, Monaco
Switzerland
Ceres Monaco S.A.M.
Gildo Pastor Center
7 rue du Gabian
98000, Monaco
 
Managing Director
family office
 
Officers
 
Chairman
Peter G. Livanos
See above
See above
See above
See above
 
Vice Chairman
Bruce L. Blythe
See above
See above
See above
See above
 
Secretary
Codan Services Ltd.
Clarendon House
2 Church Street
Hamilton, Bermuda
Bermuda
 
local agents
 
Chief Financial Officer
Athanasios Thanopoulos
c/o Ceres Monaco S.A.M.
Gildo Pastor Center
7 rue du Gabian
98000, Monaco
Greece
DryLog Ltd.
c/o Ceres Monaco S.A.M.
Gildo Pastor Center
7 rue du Gabian
98000, Monaco
 
Chief Financial Officer
holding company that has interests in international operators of dry bulk vessels and in dry bulk carriers
 
Chief Operating Officer
Antonios Bafes
Drylog Investments Ltd.
c/o C Transport Maritime S.A.M.
Gildo Pastor Center
7 rue du Gabian
98000, Monaco
Greece
Drylog Investments Ltd.
c/o C Transport Maritime S.A.M.
Gildo Pastor Center
7 rue du Gabian
98000, Monaco
 
 
Director
holding company that has interests in international operators of dry bulk carriers
 
 
 
 
 

 
 
 
 
 Reporting Person/
Director/Officer/Control Person
of a Reporting Person
Address of
Principal Office/Business or
Residence Address
 Jurisdiction of Incorporation/
Citizenship
Name/Address of
Employer and Occupation
Principal Business
Blenheim Holdings Ltd.
 
c/o Ceres Monaco S.A.M.
Gildo Pastor Center
7 rue du Gabian
98000, Monaco
Bermuda
N/A
holding company
 
 
 
Directors
 
Peter G. Livanos
See above
See above
See above
See above
 
Bruce L. Blythe
See above
See above
See above
See above
 
Stanislao Faina
c/o C Transport Maritime S.A.M.
Gildo Pastor Center
7 rue du Gabian
98000, Monaco
Italy
C Transport Maritime S.A.M.
Gildo Pastor Center
7 rue du Gabian
98000, Monaco
 
Legal and Corporate
international operator and manager of dry bulk carriers
 
Officers
 
Secretary
Codan Services Ltd.
See above
See above
 See above
See above


Item 3. Source and Amount of Funds or Other Consideration

In November and December 2014, the Controlled Entities (as defined below) purchased an aggregate 396,000 Shares in the open market at an average price of $20.51 per Share, for an aggregate purchase price of approximately $8.12 million. The source of funds for such purchase was legally available funds of the Controlled Entities for the purpose.  Mr. Livanos is an officer, member of the board of directors and/or settlor of the Controlled Entities, accordingly he may be deemed to have shared voting and/or dispositive power over such Shares. Mr. Livanos disclaims beneficial ownership of such acquired Shares.

Item 5. Interest in Securities of the Issuer

Sections (a), (b) and (c) of Item 5 are amended and restated as follows:

(a) See Items 11 and 13 on Cover Pages to this Amendment No. 4. Percentages are based on 80,496,499 Shares outstanding, as reported by the Issuer in the Annual Report.

Peter G. Livanos. Peter G. Livanos is the direct beneficial owner of 71,428 Shares.

Ceres Shipping Ltd. (“Ceres”). Mr. Livanos beneficially owns 100% of the share capital of Ceres. Ceres does not directly own any Shares.

Blenheim Holdings Ltd. (“Blenheim”). Blenheim is the direct owner of 29,727,014 Shares. Ceres beneficially owns a majority of the share capital of Blenheim, and, pursuant to the bye-laws of Blenheim:

“any question relevant to the voting or the sale, transfer or other disposal of any shares of [the Issuer] held from time to time by [Blenheim], and the disposition of any proceeds thereof, . . . shall be decided by a resolution adopted by [the holders] of a majority of the issued and outstanding shares”.

Accordingly, Ceres may be deemed to beneficially own the Shares directly held by Blenheim.

Mr. Livanos also beneficially owns 100% of the share capital of the following entities (the “Owned Entities”) which directly own an aggregate 1,605,000 Shares:
 
 
 
 

 

 
Entity
Number of Shares Directly Owned
Blueberry Tree Inc.
625,000
Ash Tree S.A.
580,000
Maple Tree Holdings Ltd.
400,000

Mr. Livanos is an officer, member of the board of directors and/or settlor of the following entities (the “Controlled Entities”) which directly own an aggregate 541,000 Shares for the benefit of Mr. Livanos and members of his family, accordingly he may be deemed to have shared voting and/or dispositive power over such Shares:

Entity
Number of Shares Directly Owned
Falconera Navigation Inc.
377,000
Chiara Holdings Inc.
  71,000
Thatcher Investments Limited
  23,250
Eleanor Investments Holdings Limited
  23,250
Nelson Equity Limited
  23,250
JP Jones Holdings Limited
  23,250

Mr. Livanos disclaims beneficial ownership of the Shares owned by the Controlled Entities, and the Controlled Entities disclaim beneficial ownership of the Shares owned by Mr. Livanos and the Owned Entities.

Except as set forth in this Item 5(a), none of the Reporting Persons owns beneficially any Shares.

(b) Number of Shares as to which each Reporting Person has:

(i) Sole power to vote or to direct the vote: See item 7 on Cover Pages to this Amendment No. 4.

(ii) Shared power to vote or to direct the vote: See item 8 on Cover Pages to this Amendment No. 4.

(iii) Sole power to dispose or to direct the disposition: See item 9 on Cover Pages to this Amendment No. 4.

(iv) Shared power to dispose or to direct the vote: See item 10 on Cover Pages to this Amendment No. 4.

(c) There have been no transactions in the Shares effected during the past 60 days by any of the Reporting Persons.

 
 
 
 

 
 
 
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.
 
Date:  March 26, 2014
 
 
Peter G. Livanos
 
     
     
By:
/s/ Peter G. Livanos
 
 
   
Ceres Shipping Ltd.
 
     
     
By:
/s/ Peter G. Livanos
 
Name:
Peter G. Livanos
 
Title:
Director
 
   
   
Blenheim Holdings Ltd.  
     
     
By:  /s/ Peter G. Livanos   
Name:  Peter G. Livanos   
Title: Director