0001393905-18-000008.txt : 20180109 0001393905-18-000008.hdr.sgml : 20180109 20180109110847 ACCESSION NUMBER: 0001393905-18-000008 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180109 DATE AS OF CHANGE: 20180109 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PORTAGE BIOTECH INC. CENTRAL INDEX KEY: 0001095435 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81765 FILM NUMBER: 18518308 BUSINESS ADDRESS: STREET 1: 47 AVENUE ROAD STREET 2: SUITE 200 CITY: TORONTO STATE: A6 ZIP: M5R 2G3 BUSINESS PHONE: 416-929-1806 MAIL ADDRESS: STREET 1: 47 AVENUE ROAD STREET 2: SUITE 200 CITY: TORONTO STATE: A6 ZIP: M5R 2G3 FORMER COMPANY: FORMER CONFORMED NAME: BONTAN CORP INC DATE OF NAME CHANGE: 20030421 FORMER COMPANY: FORMER CONFORMED NAME: DEALCHECK COM INC DATE OF NAME CHANGE: 19990921 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Doogan Declan CENTRAL INDEX KEY: 0001704234 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: C/O BIOHAVEN PHARMACEUTICAL HOLDING COMP STREET 2: 234 CHURCH STREET CITY: NEW HAVEN STATE: CT ZIP: 06510 SC 13D/A 1 ptgdg_13da.htm AMENDMENT #1 13DA


SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549


SCHEDULE 13D

Amendment No. 1

(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)


Portage Biotech Inc.

 


Ordinary Shares, No Par Value

(Title of Class of Securities)


G7185A102

(CUSIP Number)


Andrew D. Hudders, Esq.

Golenbock Eiseman Assor Bell & Peskoe LLP,

711 third Avenue, 17th Floor, New York, New York 10017

(212-907-7300)

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

 

January 8, 2018

(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-1(f) or 240.13d-1(g), check the following box  [  ].


Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See 240.13d-7(b) for other parties to whom copies are to be sent.


*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 (“Act”) 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).












Page 1 of 3



SCHEDULE 13D


CUSIP No.

G7185A102


1

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Dr. Declan Doogan

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  [   ]

(b)  [   ]

3

SEC USE ONLY

 

4

SOURCE OF FUNDS (See Instructions)

 

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E)

                                                                  [   ]

6

CITIZENSHIP OR PLACE OF ORGANIZATION

U.S.A

NUMBER OF


SHARES


BENEFICIALLY


OWNED BY


EACH


REPORTING


PERSON


WITH

7

SOLE VOTING POWER

37,256,068

8

SHARED VOTING POWER

 

9

SOLE DISPOSITIVE POWER

37,256,068

10

SHARED DISPOSITIVE POWER

 

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

37,256,068

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)

   [   ]

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

13%

14

TYPE OF REPORTING PERSON (See Instructions)

IN










Page 2 of 3



Item 1. Security and Issuer


The class of equity securities to which this Statement of Schedule 13D (“Schedule 13D”) relates is the ordinary shares (“Common Stock”) of Portage Biotech Inc., a company organized under the laws of the British Virgin Islands (“Issuer”).  The principal executive office of the Issuer is 7 Avenue Road, Suite 200, Toronto, Ontario, Canada, M5R 2G3.


Item 2. Identity and Background


No Change.


Item 3. Source and Amount of Funds or Other Considerations


The securities were acquired by the Reporting Person through the use of personal funds and provisions of services.


Item 4. Purpose of Transaction


No Change.


Item 5. Interest in Securities of the Issuer


(a)

The Reporting Person beneficially owns an aggregate of 37,256,068 shares of Common Stock, representing an aggregate of 13% of the Issuer’s Common Stock on a beneficial basis, based on 280,719,920 shares outstanding.


(b)

The Reporting Person has the sole power to vote and to dispose of the 37,256,068 shares of Common Stock.


(c)

The Reporting Person has acquired 6,345,068 shares of Common Stock during the 60 days preceding the date of this Amendment to the Schedule 13D, as follows:


Date

Number of

Shares

Price

Explanation

 

 

 

 

January 2, 2018

245,000

N/A

Provision of services


In addition to the acquisition of shares reported above in the table, the Reporting Person exercised options for 6,100,000 shares of Common Stock previously reported as beneficially owned, which are now owed directly.


(d)

Not applicable


(e)

Not applicable.


Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer


Not applicable.


Item 7. Material to Be Filed as Exhibits


Not applicable.





Page 3 of 3




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.


Dated as of: January 8, 2018

 

 

/s/ Dr. Declan Doogan

 

Dr. Declan Doogan