Atlantic Coast Financial Corporation
|
(Name of Issuer)
|
Common Shares
|
(Title of Class of Securities)
|
048426100
|
(CUSIP Number)
|
December 3, 2013
|
(Date of Event Which Requires Filing of this Statement)
|
CUSIP No. 048426100 | 13G | Page 2 of 6 Pages |
1
|
NAMES OF REPORTING PERSONS TFO USA Limited
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
||||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
(a) □
(b) □
|
|||
3
|
SEC USE ONLY
|
||||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
Delaware
|
|||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5
|
SOLE VOTING POWER
|
992,540
|
||
6
|
SHARED VOTING POWER
|
||||
7
|
SOLE DISPOSITIVE POWER
|
992,540
|
|||
8
|
SHARED DISPOSITIVE POWER
|
||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
992,540
|
|||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
|
□ | |||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
6.4%
|
|||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
CO
|
CUSIP No. 048426100 | 13G | Page 3 of 6 Pages |
Item 1(a). Name of Issuer: Atlantic Coast Financial Corporation
|
Item1(b). Address of Issuer’s Principal Executive Offices:
|
Item 2(a). Names of Persons Filing: TFO USA Limited
|
Item 2(b). Address of Principal Office or, if none, Residence:
|
Item 2(c). Citizenship:
|
Item 2(d). Title of Class of Securities:
|
Item 2(e). CUSIP Number:
|
Item 3. * If This Statement Is Filed Pursuant to Sections 240.13d 1(b) or 240.13d 2(b) or (c), Check whether the person filing is a:
|
(a)
|
o Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);
|
(b)
|
o Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);
|
(c)
|
o Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);
|
(d)
|
o Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
|
(e)
|
x An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E);
|
(f)
|
o An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F);
|
(g)
|
o A Parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G);
|
CUSIP No. 048426100 | 13G | Page 4 of 6 Pages |
(h)
|
o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
|
(i)
|
o A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
|
(j)
|
o A non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J);
|
(k)
|
o Group, in accordance with Section 240.13d-1(b)(1)(ii)(K).
|
Item 4. Ownership.
|
(a)
|
Amount beneficially owned: 992,540
|
(b)
|
Percent of class: 6.4%
|
(c)
|
Number of shares as to which the person has:
|
(i)
|
Sole power to vote or to direct the vote: 992,540
|
(ii)
|
Shared power to vote or to direct the vote:
|
(iii)
|
Sole power to dispose or to direct the disposition of: 992,540
|
(iv)
|
Shared power to dispose or to direct the disposition of:
|
Item 5. Ownership of Five Percent or Less of a Class.
|
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
|
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
|
Item 8. Identification and Classification of Members of the Group.
|
Item 9. Notice of Dissolution of Group.
|
Item 10. Certification.
|
(a)
|
Instruction. The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):
|
CUSIP No. 048426100 | 13G | Page 5 of 6 Pages |
(b)
|
Instruction. The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):
|
CUSIP No. 048426100 | 13G | Page 6 of 6 Pages |
|
SIGNATURE
|
Company Name | |||
By:
|
/s/ Abdulmohsin Al Omran | ||
Name: Abdulmohsin Al Omran | |||
Title: Officer | |||