SC 13E3/A 1 timhellas-13e3a6_1104.htm

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

___________________

SCHEDULE 13E-3

RULE 13E-3 TRANSACTION STATEMENT

(Pursuant to Section 13(e) of the Securities Exchange Act of 1934)

(Amendment No. 6)

 

             TIM HELLAS TELECOMMUNICATIONS S.A.            

(Name of the Issuer)

TIM Hellas Telecommunications S.A.; Troy GAC Telecommunications, S.A.;

Apax Partners Europe Managers Limited; Apax Europe VI GP Co. Limited;

    TPG Advisors IV, Inc.; T3 Advisors II, Inc.; and Socrates Kominakis.      

(Name of the Person(s) Filing Statement)

 

                   Ordinary Shares, Nominal Value €1.53 Per Share

                  American Depositary Receipts, each representing one Ordinary Share       

(Title of Class of Securities)

                                            859823106                                                   

(CUSIP Number of Class of Securities)

TIM Hellas Telecommunications S.A.

Attention: Michael Karakostas

66, Kifissias Avenue

15125 Maroussi

Athens, Greece

+30 210 615 8000

 

 

David Spuria, Esq.

Texas Pacific Group

301 Commercial Street

Suite 3300

Fort Worth, TX 76102

(817) 871-4000

Denise Fallaize

Apax Europe VI GP Co. Limited

13-15 Victoria Road

St. Peter Port

Guernsey, C.I. GY1 3ZD

+44 (0) 1481 735 820

 

 

Copies to:

 

 

 

William A. Groll
Cleary Gottlieb Steen & Hamilton LLP
City Place House

55 Basinghall Street

London EC2V 5EH

England
+44 (0) 207 614 2200

Robert Friedman, Esq.

Dechert LLP

30 Rockefeller Plaza

New York, NY 10112

(212) 698-3500

 

                                                                                                                  

(Name, Address and Telephone Number of Persons Authorized to Receive Notices

and Communications on Behalf of Person(s) Filing Statement)

This statement is filed in connection with (check the appropriate box):

a.

o

The filing of solicitation materials or an information statement subject to Regulation 14A, Regulation 14C, or Rule

 

13e-3(c) under the Securities Exchange Act of 1934.

 

b.

o

The filing of a registration statement under the Securities Act of 1933.

 

c.

o

A tender offer.

 

d.

x

None of the above.

 

Check the following box if the soliciting materials or information statement referred to in checking box (a) are preliminary copies. o

Check the following box if the filing is a final amendment reporting the results of the transaction. o

 

 

 

 

 

 

 



 

 

CALCULATION OF FILING FEE

Transaction Valuation*

Amount of filing fee**

$325,214,470.98

$38,277.74

*Calculated solely for purposes of determining the filing fee. The transaction value was determined by multiplying 16,045,599 ordinary shares, nominal value €1.53 per share, of TIM Hellas Telecommunications S.A., which represents all shares outstanding on the date hereof and not owned by Troy GAC, by €16.42475 per share, converted to U.S. dollars using an exchange rate of $1.234 for one Euro (as published in the Financial Times on September 1, 2005).

**The filing fee, calculated in accordance with Exchange Act Rule 0-11, was calculated by multiplying the transaction value by 0.0001177.

x Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

Amount previously paid: $38,277.74

Filing Party: TIM Hellas Telecommunications S.A.

Form or registration no.: Schedule 13E-3

Date filed: September 2, 2005

 

 

 

 

 

 

 



 

 

Introduction

This Amendment No. 6 (the “Amendment”) to the transaction statement on Schedule 13E–3 amends and supplements the original Schedule 13E-3 filed on September 2, 2005, as previously amended (as amended, the “Schedule 13E-3”), by TIM Hellas Telecommunications S.A., a company organized under the laws of Greece (the “Company”), the issuer of the equity securities that are the subject of the Rule 13e-3 transaction described in the Schedule 13E-3; Troy GAC Telecommunications, S.A., a company organized under the laws of Greece; Apax Partners Europe Managers Limited, a company organized under the laws of England, and Apax Europe VI GP Co. Limited, a company organized under the laws of Guernsey; TPG Advisors IV, Inc., a Delaware corporation, and T3 Advisors II, Inc., a Delaware corporation; and Socrates Kominakis, the managing director and a director of TIM Hellas (collectively, the “Filing Persons”). All capitalized terms used in this Amendment and not otherwise defined herein have the meanings ascribed to such terms in the Schedule 13E-3, including the definitive transaction statement attached as an exhibit to Amendment No. 1 to the Schedule 13E-3 (the “Transaction Statement”).

 

Item 15.

Additional Information

On November 2, 2005, at the extraordinary general meeting of shareholders of the Company, the shareholders of the Company voted to approve the draft merger agreement and the merger of TIM Hellas with and into Troy GAC. In accordance with Greek law, TIM Hellas and Troy GAC executed the merger agreement in the form of a notarial deed. On November 3, 2005, the Prefecture approved the merger and the executed merger agreement and registered the merger in the registry of companies limited by shares. The merger is now effective.

On November 3, 2005, TIM Hellas issued a press release announcing the approval of the merger and the draft merger agreement by the shareholders of the Company, a copy of which is attached as Exhibit (a)(5) to this Amendment and which is incorporated herein by this reference in its entirety.

 

Item 16.

Exhibits.

 

 

(a)(5)

Press release issued by TIM Hellas on November 3, 2005.

 

 

 



SIGNATURES

After due inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated: November 3, 2005

 

TIM HELLAS TELECOMMUNICATIONS S.A.

 

 

By: /s/ Socrates Kominakis    

Name: Socrates Kominakis

Title:   Chief Executive Officer

 

 

 

 

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After due inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated: November 3, 2005

 

TROY GAC TELECOMMUNICATIONS, S.A.

 

 

By: /s/ Matthias Calice      

Name: Matthias Calice

Title:   Director

 

 

 

By: /s/ Giancarlo Aliberti        

Name: Giancarlo Aliberti

Title:    Vice-Chairman

 

 

 

 

 

 

 

 

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After due inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated: November 3, 2005

APAX PARTNERS EUROPE MANAGERS LIMITED

 

 

By: /s/ Peter Englander      

Name: Peter Englander

Title: Director

 

By: /s/ Paul Fitzsimons    

Name: Paul Fitzsimons

Title: Director

 

 

 

 

 

 

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After due inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated: November 3, 2005

 

APAX EUROPE VI GP CO. LIMITED

 

 

By: /s/ Denise Fallaize       

Name: Denise Fallaize

Title:   Director

 

 

 

 

 

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After due inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Dated: November 3, 2005

 

TPG ADVISORS IV, INC.

 

 

By: /s/ David A. Spuria    

Name: David A. Spuria

Title:   Vice President

 

  

T3 ADVISORS II, INC.

 

 

By: /s/ David A. Spuria    

Name: David A. Spuria

Title:   Vice President

 

 

 

 

 

 

 

 

 

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After due inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated: November 3, 2005

 

SOCRATES KOMINAKIS

 

 

 

By: /s/ Socrates Kominakis   

 

                                                                               

 

 

                                                                               

 

 

 

 

 

 

 

 

 

 

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EXHIBIT INDEX

EXHIBIT
NUMBER


DESCRIPTION

(a)(1)

Preliminary Transaction Statement required by Rule 13e-3(e) under the Securities Exchange Act of 1934, as amended.*

(a)(2)

Transaction Statement required by Rule 13e-3(e) under the Securities Exchange Act of 1934, as amended.**

(a)(3)

Press Release issued by TIM Hellas on October 4, 2005.***

(a)(4)

Press Release issued by Apax Partners and Texas Pacific Group on October 17, 2005.****

(a)(5)

Press Release issued by TIM Hellas on November 3, 2005.

(b)(1)

Senior Secured Facility Agreement, dated as of April 3, 2005, as amended and restated as of June 15, 2005, between, among others, Troy GAC Luxembourg V, Troy II, Troy IV S.àr.l., Troy GAC Luxembourg, the Company and J.P. Morgan Europe Limited, as agent and collateral agent (incorporated herein by reference to the Schedule 13D filed with the Securities and Exchange Commission by Troy GAC, the Apax Filing Persons and the TPG Filing Persons on June 27, 2005).

(b)(2)

Senior Subscription Agreement, dated as of April 3, 2005, between, among others, Troy GAC Luxembourg V, Troy II, Troy GAC and J.P. Morgan Europe Limited, as agent (the “Subscription Agreement”) (incorporated herein by reference to the Schedule 13D filed with the Securities and Exchange Commission by Troy GAC, the Apax Filing Persons and the TPG Filing Persons on June 27, 2005).

(b)(3)

Subscription Letter Agreement, dated as of June 15, 2005, between, among others, Troy GAC Luxembourg V, Troy II, Troy GAC and J.P. Morgan Europe Limited, as agent, amending the Subscription Agreement (incorporated herein by reference to the Schedule 13D filed with the Securities and Exchange Commission by Troy GAC, the Apax Filing Persons and the TPG Filing Persons on June 27, 2005).

(b)(4)

Senior Unsecured Facility Agreement, dated as of April 3, 2005, as amended and restated as of June 15, 2005, between, among others, Troy GAC Luxembourg III, Troy II, Troy IV S.àr.l., Troy GAC and J.P. Morgan Europe Limited, as agent and collateral agent (incorporated herein by reference to the Schedule 13D filed with the Securities and Exchange Commission by Troy GAC, the Apax Filing Persons and the TPG Filing Persons on June 27, 2005).

 

 

 

 

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(b)(5)

PIK Facility Agreement, dated as of April 3, 2005, as amended and restated as of June 15, 2005, between, among others, Troy PIK, Troy I S.àr.l. and J.P. Morgan Europe Limited, as agent and collateral agent (incorporated herein by reference to the Schedule 13D filed with the Securities and Exchange Commission by Troy GAC, the Apax Filing Persons and the TPG Filing Persons on June 27, 2005).

(c)(1)

Fairness Opinion of Morgan Stanley & Co. Limited, dated as of August 24, 2005.*

(c)(2)

Presentation of Morgan Stanley & Co. Limited to the board of directors of TIM Hellas Telecommunications, S.A., dated as of August 24, 2005.*

(c)(3)

Merger Report under Greek law of the board of directors of TIM Hellas Telecommunications, S.A., dated as of August 24, 2005. (Translation from the Greek text original)*

(c)(4)

Merger Report under Greek law of the board of directors of Troy GAC Telecommunications, S.A., dated as of August 24, 2005. (Translation from the Greek text original)*

(d)(1)

Draft Merger Agreement, dated July 21, 2005, between TIM Hellas Telecommunications S.A. and Troy GAC Telecommunications S.A. (Translation from the Greek text original)*

(d)(2)

Transformation Balance Sheet under Greek law of TIM Hellas Telecommunications, S.A., as of June 15, 2005. (Translation from the Greek text original)*

(d)(3)

Report of Ernst & Young Hellas under Greek law 2166/1993 in respect of TIM Hellas Telecommunications, S.A., dated July 20, 2005. (Translation from the Greek text original)*

(f)

Not applicable.

(g)

Not applicable.

____________

*

Previously filed with the Schedule 13E-3 on September 2, 2005.

 

**

Previously filed with Amendment No. 1 to the Schedule 13E-3 on September 12, 2005.

***

Previously filed with Amendment No. 3 to the Schedule 13E-3 on October 5, 2005.

 

****

Previously filed with Amendment No. 4 to the Schedule 13E-3 on October 18, 2005.

 

 

 

 

 

 

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