-----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, Tv2vHm0c95fLtjne/IOjsj3sPMgXSB6aOvmuzPOM924suzboiyeUZ2/58X2DPuf0 MfRy/NCggiLC7ttHF8TfKw== 0001015402-04-001695.txt : 20040427 0001015402-04-001695.hdr.sgml : 20040427 20040426215347 ACCESSION NUMBER: 0001015402-04-001695 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040427 GROUP MEMBERS: DUNCAN SOUKUP GROUP MEMBERS: TIMOTHY LOVELL FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ACQUISITOR HOLDINGS BERMUDA LTD CENTRAL INDEX KEY: 0001196614 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AIR METHODS CORP CENTRAL INDEX KEY: 0000816159 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, NONSCHEDULED [4522] IRS NUMBER: 840915893 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-39490 FILM NUMBER: 04755501 BUSINESS ADDRESS: STREET 1: 7301 S PEORIA STREET 2: P O BOX 4114 CITY: ENGLEWOOD STATE: CO ZIP: 80112 BUSINESS PHONE: 3037927400 MAIL ADDRESS: STREET 1: 7301 S PEORIA CITY: ENGLEWOOD STATE: CO ZIP: 80112 FORMER COMPANY: FORMER CONFORMED NAME: CELL TECHNOLOGY INC /DE/ DATE OF NAME CHANGE: 19911128 SC 13D 1 doc1.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(A) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(A) (AMENDMENT NO. )* AIR METHODS CORPORATION - -------------------------------------------------------------------------------- (Name of issuer) COMMON STOCK, PAR VALUE $.06 - -------------------------------------------------------------------------------- (Title of class of securities) 009128307 - -------------------------------------------------------------------------------- (CUSIP number) MATTHEW J. DAY, ESQ. 118 E. 25TH STREET, EIGHTH FLOOR NEW YORK, NEW YORK 10010 (212) 673-0484 - -------------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) February 16, 2004 - -------------------------------------------------------------------------------- (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 of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Note. six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d- 1(a) for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 13 Pages) - --------------- * 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. 009128307 13D Page 2 of 13 Pages - --------------------- ------------------ ================================================================================ (1) NAME OF REPORTING PERSONS AND IRS IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY): Acquisitor Holdings (Bermuda) Ltd. No IRS Identification Number - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (See Instructions). (a) |_| (b) |X| - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) WC - -------------------------------------------------------------------------------- (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 (7) Sole Voting Power of 594,400 Shares ------------------------------------------------------------------- Bene- ficially (8) Shared Voting Power Owned 0 By ------------------------------------------------------------------- Each Report- (9) Sole Dispositive Power ing 594,400 Person ------------------------------------------------------------------- With: (10) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- (11) Aggregate Amount Owned by Each Reporting Person 594,400 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes |_| Certain Shares* - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 5.5% - -------------------------------------------------------------------------------- (14) Type of Reporting Person* CO ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! - --------------------- ------------------ CUSIP No. 009128307 13D Page 3 of 13 Pages - --------------------- ------------------ ================================================================================ (1) NAME OF REPORTING PERSONS AND IRS IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY): Duncan Soukup - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (See Instructions). (a) |_| (b) |X| - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) PF - -------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e). |_| - -------------------------------------------------------------------------------- (6) Citizenship or Place of Organization UNITED KINGDOM - -------------------------------------------------------------------------------- Number (7) Sole Voting Power of 20,000 Shares ------------------------------------------------------------------- Bene- ficially (8) Shared Voting Power Owned 0 By ------------------------------------------------------------------- Each Report- (9) Sole Dispositive Power ing 20,000 Person ------------------------------------------------------------------- With: (10) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- (11) Aggregate Amount Owned by Each Reporting Person 20,000 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes |_| Certain Shares* - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) LESS THAN 1% - -------------------------------------------------------------------------------- (14) Type of Reporting Person* IN ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! - --------------------- ------------------ CUSIP No. 009128307 13D Page 4 of 13 Pages - --------------------- ------------------ ================================================================================ (1) NAME OF REPORTING PERSONS AND IRS IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY): Timothy Lovell - -------------------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (See Instructions). (a) |_| (b) |X| - -------------------------------------------------------------------------------- (3) SEC Use Only - -------------------------------------------------------------------------------- (4) Source of Funds (See Instructions) PF - -------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e). |_| - -------------------------------------------------------------------------------- (6) Citizenship or Place of Organization UNITED KINGDOM - -------------------------------------------------------------------------------- Number (7) Sole Voting Power of 8,000 Shares ------------------------------------------------------------------- Bene- ficially (8) Shared Voting Power Owned 0 By ------------------------------------------------------------------- Each Report- (9) Sole Dispositive Power ing 8,000 Person ------------------------------------------------------------------- With: (10) Shared Dispositive Power 0 - -------------------------------------------------------------------------------- (11) Aggregate Amount Owned by Each Reporting Person 8,000 - -------------------------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes |_| Certain Shares* - -------------------------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) LESS THAN 1% - -------------------------------------------------------------------------------- (14) Type of Reporting Person* IN ================================================================================ * SEE INSTRUCTIONS BEFORE FILLING OUT! - --------------------- ------------------ CUSIP No. 009128307 13D Page 5 of 13 Pages - --------------------- ------------------ STATEMENT ON SCHEDULE 13D ------------------------- This Statement on Schedule 13D (the "Statement") is filed on behalf of the Filing Parties (defined below) with the Securities and Exchange Commission. ITEM 1. SECURITY AND ISSUER. The class of equity securities to which this Statement relates is the common stock, par value $0.06 per share (the "Common Stock"), of Air Methods Corporation, a Delaware corporation (the "Issuer"). The principal executive offices of the Issuer are located at 7301 South Peoria, Englewood, Colorado 80112. ITEM 2. IDENTITY AND BACKGROUND. 2 (a-c, f). I. FILING PARTIES: -------------- This Statement is filed on behalf of the following three persons, who are collectively referred to as the "Filing Parties": 1. Acquisitor Holdings (Bermuda) Ltd., a company incorporated in Bermuda ("Acquisitor"), with a business address of Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda. Acquisitor was formed in 2002 and endeavors to achieve a high rate of capital growth for its shareholders by acquiring significant holdings in companies which the members of its Board of Directors consider to be fundamentally sound but which are valued at a discount to the Directors' estimate of their private market value. Acquisitor is managed by its Board of Directors. 2. Duncan Soukup is a British citizen whose business address is Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda. His principal employment includes service as Deputy Chairman of Acquisitor. 3. Timothy Lovell is a British citizen whose business address is Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda. His principal employment includes service as a Director of Acquisitor. II. EXECUTIVE OFFICERS AND DIRECTORS: -------------------------------- In accordance with the provisions of General Instruction C to Schedule 13D, information concerning the executive officers and directors of the Filing Parties (other than natural persons) is included in Schedule A hereto and is incorporated by reference herein. (d) Criminal Proceedings --------------------- During the last five years, the Filing Parties and the individuals listed on Schedule A have not been convicted of a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) Civil Securities Law Proceedings ----------------------------------- During the last five years, neither the Filing Parties nor any of the individuals listed on Schedule A has been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. - --------------------- ------------------ CUSIP No. 009128307 13D Page 6 of 13 Pages - --------------------- ------------------ ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The aggregate purchase price of the 594,400 shares of Common Stock held by Acquisitor is $5,333,597 (including brokerage fees and expenses). All of the shares of Common Stock beneficially held by Acquisitor were paid for using its working capital funds. The aggregate purchase price of the 20,000 shares of Common Stock beneficially held by Duncan Soukup is $121,482 (including brokerage fees and expenses). All of the shares of Common Stock beneficially held by Duncan Soukup were paid for using his personal funds. The aggregate purchase price of the 8,000 shares of Common Stock beneficially held by Timothy Lovell is $48,834 (including brokerage fees and expenses). All of the shares of Common Stock beneficially held by Timothy Lovell were paid for using his personal funds. ITEM 4. PURPOSE OF TRANSACTION. The Filing Parties believe that the shares of Common Stock of the Issuer are undervalued and represent an attractive investment opportunity. They presently have no plans or proposals which would relate to or result in any of the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D except as set forth herein. The Filing Parties intend to have open communications with the Issuer's management in order to monitor their efforts to increase stockholder value. Depending on various factors including, without limitation, the Issuer's financial position and investment strategy, the price levels of securities of the Issuer, conditions in the securities markets and general economic and industry conditions, the Filing Parties may in the future take such actions with respect to their investments in the Issuer as they deem appropriate, including without limitation purchasing additional securities in the open market or otherwise, seeking to elect a slate of directors to the Issuer's board of directors or presenting proposals for stockholders' consideration at an annual or special meeting of the Issuer's stockholders. The Filing Parties may also sell some or all of their securities or enter into short selling of or any hedging or similar transaction with respect to securities of the Issuer, including options transactions, in the open market or through privately negotiated transactions, to reduce their exposure to market risk, to increase their exposure to shares of Common Stock, or for any other reason, or change their intention with respect to any and all matters referred to in this Item 4. - --------------------- ------------------ CUSIP No. 009128307 13D Page 7 of 13 Pages - --------------------- ------------------ ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a)-(b) The aggregate number of shares of Common Stock and percentage of the outstanding Common Stock of the Issuer beneficially owned (i) by each of the Filing Parties, and (ii) to the knowledge of the Filing Parties, by each other person who may be deemed to be a member of a group, is as follows:
Number of Number of Shares: Sole Shares: Shared Aggregate Number Power to Vote or Power to Vote or Approximate Filing Party of Shares Dispose Dispose Percentage* - ------------------ ---------------- ---------------- ---------------- ------------ Acquisitor (1) 594,400 594,400 0 5.5% Duncan Soukup (1) 20,000 20,000 0 ** Timothy Lovell (1) 8,000 8,000 0 ** - ------------------ ---------------- ---------------- ---------------- ------------
* Based on 10,839,343 shares of Common Stock, par value $0.06 per share, outstanding as of March 22, 2004, as disclosed in the Issuer's Annual Report on Form 10-K, for the year ended December 31, 2003. ** Less than one percent. (1) Each of the Filing Parties disclaims beneficial ownership of the securities held by the other Filing Parties. (c) During the past 60 days, the Filing Parties effected no transactions in shares of Common Stock other than as set forth in the following table.
Filing Party Date Buy or Sell Number of Securities Price - ------------------------------------------------------------------- Acquisitor 4/16/2004 Buy*** 500,000 $9.1000 Acquisitor 4/16/2004 Sell 5,600 $9.0314 Acquisitor 4/19/2004 Sell 50,000 $9.0318 - -------------------------------------------------------------------
*** This transaction was effected by the exercise of call options held by Acquisitor that were due to expire on April 16, 2004. The price indicated includes both option cost and exercise price per share. (d) No person other than the Filing Parties is known to have the right to receive, or the power to direct the receipt of dividends from, or the proceeds from the sale of, such shares of Common Stock. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. On April 19, 2004, the Filing Parties entered into a Joint Filing Agreement with respect to their obligations to report beneficial ownership of shares of Common Stock of the Issuer on Schedules 13D. Acquisitor currently owns call options covering 350,000 shares of Common Stock and short put options covering 500,000 shares of Common Stock. None of the foregoing options has 60 or fewer trading days before the last trading day of the security future. Accordingly, such options are not deemed to be beneficially owned by the Filing Parties. - --------------------- ------------------ CUSIP No. 009128307 13D Page 8 of 13 Pages - --------------------- ------------------ ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. The following document is filed herewith: (a) Joint Filing Agreement by and among Acquisitor Holdings (Bermuda) Ltd., Duncan Soukup and Timothy Lovell dated as of April 19, 2004. - --------------------- ------------------ CUSIP No. 009128307 13D Page 9 of 13 Pages - --------------------- ------------------ SIGNATURE After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: April 19, 2004 ACQUISITOR HOLDINGS (BERMUDA) LTD. /s/ Duncan Soukup ------------------- Duncan Soukup By: /s/ Duncan Soukup - --------------------------- Name: Duncan Soukup Title: Deputy Chairman /s/ Timothy Lovell - --------------------------- Timothy Lovell - --------------------- ------------------- CUSIP No. 009128307 13D Page 10 of 13 Pages - --------------------- ------------------- SCHEDULE A Information Concerning Directors and Executive Officers of the Filing Parties The following table sets forth certain information concerning each of the directors and executive officers of Acquisitor Holdings (Bermuda) Ltd. ("Acquisitor") as of the date hereof. The business address of each person is Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda.
Name: Duncan Soukup (Deputy Chairman) Citizenship: British Principal Occupation: Deputy Chairman, Acquisitor Name: John Stanislas Albert Radziwill (Chairman) Citizenship: British Principal Occupation: Chairman, Acquisitor Director, Goldcrown Group Limited Director, International Assets Holding Corporation Name: James Ozanne (Non-Executive Director) Citizenship: USA Principal Occupation: Non-Executive Director, Acquisitor Principal, Greenrange Partners Director, Financial Security Assurance Name: Christopher Harwood Bernard Mills (Non-Executive Director) Citizenship: British Principal Occupation: Non-Executive Director, Acquisitor Executive Director, NASCIT Executive Director, American Opportunity Trust Director, J O Hambro Capital Management Name: Peter Melhado (Non-Executive Director) Citizenship: USA Principal Occupation: Non-Executive Director, Acquisitor General Partner, Polaris Partners, L.P. Name: Timothy James Carey Lovell (Non-Executive Director and Assistant Secretary) Citizenship: British Principal Occupation: Non-Executive Director, Acquisitor
- --------------------- ------------------- CUSIP No. 009128307 13D Page 11 of 13 Pages - --------------------- ------------------- The following document is filed herewith: Exhibit Page (a) Joint Filing Agreement by and among Acquisitor 12-13 Holdings (Bermuda) Ltd., Duncan Soukup and Timothy Lovell dated as of April 19, 2004. - --------------------- ------------------- CUSIP No. 009128307 13D Page 12 of 13 Pages - --------------------- ------------------- JOINT FILING AGREEMENT by and among ACQUISITOR HOLDINGS (BERMUDA) LTD., DUNCAN SOUKUP and TIMOTHY LOVELL as of April 19, 2004 - --------------------- ------------------- CUSIP No. 009128307 13D Page 13 of 13 Pages - --------------------- ------------------- JOINT FILING AGREEMENT The undersigned hereby agree that the Statement on Schedule 13D dated April 19, 2004 with respect to the shares of Common Stock, par value $.06, of Air Methods Corporation, and any further amendments thereto executed by each or any of us shall be jointly filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended. This Agreement may be executed in separate counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same instrument. Date: April 19, 2004 ACQUISITOR HOLDINGS (BERMUDA) LTD. /s/ Duncan Soukup ------------------- Duncan Soukup By: /s/ Duncan Soukup - --------------------------- Name: Duncan Soukup Title: Deputy Chairman /s/ Timothy Lovell - --------------------------- Timothy Lovell -----END PRIVACY-ENHANCED MESSAGE-----