0001193125-18-095891.txt : 20180326 0001193125-18-095891.hdr.sgml : 20180326 20180326160755 ACCESSION NUMBER: 0001193125-18-095891 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20180326 DATE AS OF CHANGE: 20180326 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TIM S.p.A. CENTRAL INDEX KEY: 0000948642 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 000000000 STATE OF INCORPORATION: L6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-61827 FILM NUMBER: 18712833 BUSINESS ADDRESS: STREET 1: VIA GAETANO NEGRI 1 CITY: 20123 MILAN STATE: L6 ZIP: L6 BUSINESS PHONE: 0039-02-8595-1 MAIL ADDRESS: STREET 1: VIA GAETANO NEGRI 1 CITY: 20123 MILAN STATE: L6 ZIP: L6 FORMER COMPANY: FORMER CONFORMED NAME: TELECOM ITALIA S P A DATE OF NAME CHANGE: 19970926 FORMER COMPANY: FORMER CONFORMED NAME: STET SOCIETA FINANZIARIA TELEFONICA PA DATE OF NAME CHANGE: 19950727 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VIVENDI CENTRAL INDEX KEY: 0001127055 STANDARD INDUSTRIAL CLASSIFICATION: WATER SUPPLY [4941] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 42 AVENUE DE FRIEDLAND CITY: PARIS STATE: I0 ZIP: 75008 BUSINESS PHONE: 01133171711001 MAIL ADDRESS: STREET 1: 42 AVENUE DE FRIEDLAND CITY: PARIS STATE: I0 ZIP: 75008 FORMER COMPANY: FORMER CONFORMED NAME: VIVENDI UNIVERSAL DATE OF NAME CHANGE: 20001025 SC 13D/A 1 d559823dsc13da.htm SC 13D/A SC 13D/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

(Amendment No. 18)*

 

 

Telecom Italia S.p.A.

(Name of Issuer)

Ordinary Shares with no nominal value

(Title of Class of Securities)

87927W10

(CUSIP Number)

George E. Bushnell III, Esq.

Senior Vice President and Deputy General Counsel

Vivendi S.A

1755 Broadway

New York, New York 10019

Telecopy: (212) 445-3812

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

March 22, 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 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).

 

 

 


  1.    

Names of Reporting Person.

I.R.S. Identification Nos. of above persons (entities only)

 

Vivendi S.A.

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☐

 

  3.  

SEC Use Only

 

  4.  

Source of Funds (See Instructions)

 

WC, AF

  5.  

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

 

  6.  

Citizenship or Place of Organization

 

France

Number of

Shares

  Beneficially  

Owned by

Each

Reporting

Person

With

 

     7.    

Sole Voting Power

 

3,640,109,990

     8.   

Shared Voting Power

 

0

     9.   

Sole Dispositive Power

 

3,640,109,990

   10.   

Shared Dispositive Power

 

0

11.    

Aggregate Amount Beneficially Owned by Each Reporting Person

 

3,640,109,990

12.  

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

13.  

Percent of Class Represented by Amount in Row (11)

 

23.943%

14.  

Type of Reporting Person (See Instructions)

 

HC

 

2


This Amendment No. 18 (this “Amendment”) amends and supplements the Schedule 13D filed on July 1, 2015 (the “Original Filing”), as amended by Amendment No. 1 filed on October 5, 2015 (“Amendment No. 1”), Amendment No. 2 filed on October 23, 2015 (“Amendment No. 2”), Amendment No. 3 filed on December 17, 2015 (“Amendment No. 3”), Amendment No. 4 filed on January 20, 2016 (“Amendment No. 4”), Amendment No. 5 filed on February 19, 2016 (“Amendment No. 5”), Amendment No. 6 filed on March 1, 2016 (“Amendment No. 6”), Amendment No. 7 filed on March 11, 2016 (“Amendment No. 7”), Amendment No. 8 filed on May 10, 2016 (“Amendment No. 8”), Amendment No. 9 filed on May 20, 2016 (“Amendment No, 9”), Amendment No, 10 filed on November 22, 2016 (“Amendment No. 10), Amendment No. 11 filed on December 6, 2016 (“Amendment No. 11”), Amendment No. 12 filed on December 7, 2016 (“Amendment No. 12”) Amendment No. 13 filed on April 14, 2017 (“Amendment No. 13), Amendment No. 14 filed on May 10, 2017 (“Amendment No. 14”), Amendment No, 15 filed on June 2, 2015 (“Amendment No, 15”), Amendment No. 16 filed on July 31, 2017 (“Amendment No. 16”), and Amendment No. 17 filed on October 2, 2017 (“Amendment 17”, and together with the Original Filing and Amendment Nos. 1 through 16, the “Schedule 13D”) by the Filing Person relating to the ordinary shares, without nominal value (the “Shares”), of Telecom Italia S.p.A., a company formed under the laws of the Republic of Italy (the “Issuer” or the “Company”). Information reported in the Schedule 13D remains in effect except to the extent that it is amended, supplemented, restated or superseded by information contained in this Amendment. Each capitalized term used herein but not defined in this Amendment shall have the meaning assigned to such term in the Schedule 13D.

Item 4. Purpose of the Transaction

Item 4 is hereby amended and supplemented by the addition of the following:

On March 22, 2018, Arnaud de Puyfontaine, Frédéric Crépin and Hervé Philippe, the three members of the Telecom Italia (TIM) Board of Directors representing Vivendi, tendered their resignations from the TIM Board effective as of April 24, 2018, before the Ordinary Shareholders’ Meeting of TIM to be held on that date. Please see Exhibit 1 for more details.


Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that this information set forth in this statement is true, complete and correct.

Dated: March 26, 2018

 

VIVENDI S.A.
By:  

/s/ George E. Bushnell III

  Name:   George E. Bushnell III
  Title:  

Executive Vice President

& Deputy General Counsel


SCHEDULE I-A

The name and present principal occupation or employment (and the name, principal business and address of any corporation or other organization in which such employment is conducted) of each director of Vivendi are set forth below.

Unless otherwise specified, each person listed below is a citizen of France.

 

Name

  

Present principal occupation or employment

  

Principal Business Address and Citizenship (if other
than France)

Management Board      
Arnaud de Puyfontaine    Chairman of the Management Board and CEO, Vivendi    42, avenue de Friedland, 75008 Paris, France
Gilles Alix   

Chief Executive Officer, Bolloré

Group and Senior Vice President responsible for inter-group coordination at Vivendi

   42, avenue de Friedland, 75008 Paris, France
Cédric de Bailliencourt   

Chief Financial Officer, Bolloré

Group and Senior Vice President

responsible for investor relations and

inter-group financial communications

at Vivendi

   42, avenue de Friedland, 75008 Paris, France
Stéphane Roussel    Chief Operating Officer, Vivendi and Chief Executive Officer, Gameloft SE    42, avenue de Friedland, 75008 Paris, France
Frédéric Crépin    Senior Executive Vice President and Group General Counsel, Vivendi    42, avenue de Friedland, 75008 Paris, France
Simon Gillham    Chairman of Vivendi Village, Senior Executive Vice President, Communications, Vivendi    42, avenue de Friedland, 75008 Paris, France
Supervisory Board      
Vincent Bolloré    Chairman of the Supervisory Board, Vivendi    42, avenue de Friedland, 75008 Paris, France
Philippe Bénacin    Vice Chairman of the Supervisory Board, Co-Founder and Chairman and Chief Executive Officer, Interparfums SA    4, rond-point des Champs-Élysées 75008 Paris – France
Tarak Ben Ammar    Chairman of the Board and Managing Director, Quinta Communications                    32-34, rue Poussin, 75016 Paris – France Tunisian citizen
Yannick Bolloré    Chairman and Chief Executive Officer, Havas Group   

29/30, quai de Dion Bouton

Puteaux Cedex 92800 – France

Paulo Cardoso    Assistant Treasurer, Vivendi    42, avenue de Friedland, 75008 Paris, France
Dominique Delport    Global Managing Director and Chief Client Officer, Havas    29/30, Quai de Dion-Bouton, 92800 Puteaux, France
Véronique Driot-Argentin    Training Manager, Vivendi    42, avenue de Friedland, 75008 Paris, France
Aliza Jabès    Chairwoman, Nuxe group    19, rue Péclet, 75015 Paris, France
Cathia Lawson-Hall    Senior Banker and Head of Financial Institutions Group for Africa, Société Générale   

17, Cours Valmy

92800 Paris La Défense 7, France

Sandrine Le Bihan    Group Company Directory and Database Manager, Vivendi    42, avenue de Friedland, 75008 Paris, France
Virginie Morgon    Chief Operating Officer, Eurazeo    1, rue Georges Berger, 75017 Paris – France


Katie Stanton    Chief Marketing Officer, Color Genomics   

1801 Murchison Dr #128, Burlingame, CA 94010, USA

American citizen

EX-99.1 2 d559823dex991.htm EX-99.1 EX-99.1

Exhibit 1

 

LOGO

Paris, March 22, 2018

Vivendi representatives resign

from Telecom Italia’s Board of Directors

In light of the attempt led by hedge-fund activist Elliott Management, well-known for its track record of short-termist initiatives, to dismantle Telecom Italia (TIM), the three members of the TIM Board of Directors representing Vivendi, which supports the unanimously approved industrial plan led by Amos Genish and his team, have decided to resign from the Board.

As five other Board members have also decided to tender their resignations, resulting in a majority of the Board members having resigned, a Shareholders’ Meeting will be held in May to allow the TIM shareholders to appoint the Board members they want and which policy to follow.

About Vivendi

Vivendi is an integrated content, media and communications group. The company operates businesses throughout the value chain, from talent discovery to the creation, production and distribution of content. Universal Music Group is the world leader in music, engaged in recorded music, music publishing and merchandising. It owns more than 50 labels covering all music genres. Canal+ Group is the leading pay-TV operator in France, also engaged in Africa, Poland, Vietnam and Myanmar. Its subsidiary Studiocanal is the leading European player in production, sales and distribution of movies and TV series. Havas Group is one of the world’s largest global communications group. It is organized in three main business segments covering all the communications disciplines: creativity, media expertise and healthcare/wellness. Gameloft is a worldwide leader in mobile games, with 2 million games downloaded per day. Vivendi Village brings together the Paddington brand’s licensing activities, Vivendi Ticketing (in the United Kingdom, the United States and France), MyBestPro (expert counseling), the venues L’Olympia and Theâtre de L‘Œuvre in Paris, and CanalOlympia in Africa, as well as Olympia Production. With 300 million unique users per month, Dailymotion is one of the biggest video content aggregation and distribution platforms in the world. www.vivendi.com, www.cultureswithvivendi.com

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