SC 13G/A 1 v58593sc13gza.htm SC 13G/A sc13gza
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Tekelec
 
(Name of Issuer)
Common Stock
 
(Title of Class of Securities)
879101103
 
(CUSIP Number)
December 31, 2010
 
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
    o Rule 13d-1(b)
    þ Rule 13d-1(c)
    o Rule 13d-1(d)
(Page 1 of 10 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 the disclosure provided in a prior cover page.
The information required in 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).
 
 

 

 

                     
CUSIP No.
  
879101103 
 13G Page  
2 
   of   
10 

 

           
1   NAME OF REPORTING PERSONS
(I.R.S. Identification Nos. of above persons (entities only)

Dansington Corp.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Bahamas
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   2,980,842 shares, the voting power of which is shared with The Tango Trust and Rhone Trustees (Bahamas) Ltd., as Trustees of The Tango Trust.
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH 8   SHARED DISPOSITIVE POWER
     
    2,980,842 shares, the dispositive power of which is shared with The Tango Trust and Rhone Trustees (Bahamas) Ltd., as Trustees of The Tango Trust.
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  2,980,842 shares
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  4.3%
     
12   TYPE OF REPORTING PERSON
   
  CO

 

 

                     
CUSIP No.
  
879101103 
 13G Page  
3 
   of   
10 

 

           
1   NAME OF REPORTING PERSONS
(I.R.S. Identification Nos. of above persons (entities only)

The Tango Trust
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Bahamas
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   2,980,842 shares, the voting power of which is shared with Dansington Corp. and Rhone Trustees (Bahamas) Ltd., as Trustees of The Tango Trust.
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH 8   SHARED DISPOSITIVE POWER
     
    2,980,842 shares, the dispositive power of which is shared with Dansington Corp. and Rhone Trustees (Bahamas) Ltd., as Trustees of The Tango Trust.
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  2,980,842 shares
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  4.3%
     
12   TYPE OF REPORTING PERSON
   
  CO

 

 

                     
CUSIP No.
  
879101103 
 13G Page  
4 
   of   
10 

 

           
1   NAME OF REPORTING PERSONS
(I.R.S. Identification Nos. of above persons (entities only)

Rhone Trustees (Bahamas) Ltd. (formerly Pictet Overseas Trust Corporation Limited)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Bahamas
       
  5   SOLE VOTING POWER
     
NUMBER OF   0 shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   2,980,842 shares, the voting power of which is shared with Dansington Corp. and The Tango Trust.
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   0 shares
       
WITH 8   SHARED DISPOSITIVE POWER
     
    2,980,842 shares, the dispositive power of which is shared with Dansington Corp. and The Tango Trust.
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  2,980,842 shares
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  4.3%
     
12   TYPE OF REPORTING PERSON
   
  CO

 

 

                     
CUSIP No.
  
879101103 
 13G Page  
5 
   of   
10 
     
ITEM 1(a)
   Name of Issuer:
 
    
 
   Tekelec
 
    
ITEM 1(b)
   Address of Issuer’s Principal Executive Offices:
 
    
 
   5200 Paramount Parkway, Morrisville, NC 27560
 
    
ITEM 2(a)
   Name of Person Filing:
 
    
 
   This Statement is being filed by Dansington Corp., by The Tango Trust (the “Trust”) and by Rhone Trustees (Bahamas) Ltd. (the “Trustee”), as Trustees of the Trust. The persons filing this Statement are sometimes together referred to as the “Reporting Persons.” Dansington Corp. is the record owner of the shares. The Trust is the principal beneficial owner of the equity interest in Dansington Corp. The Trustee is the trustee of the Trust.
 
    
ITEM 2(b)
   Address of Principal Business Office or, if none, Residence:
 
    
 
   The address of the principal business office of Dansington Corp., the Trust and the Trustee is Bayside Executive Park, Building No. 1 West Bay Street, P.O. Box N-4837, Nassau, Bahamas.
 
    
ITEM 2(c)
   Citizenship:
 
    
 
   Dansington Corp. is a company organized under the laws of the Bahamas. The Trust is a trust organized under the laws of the Bahamas. The Trustee is a company organized under the laws of the Bahamas.
 
    
ITEM 2(d)
   Title of Class of Securities:
 
    
 
   Common Stock
 
    
ITEM 2(e)
   CUSIP Number:
 
    
 
   879101103
 
    
ITEM 3.
   IF THIS STATEMENT IS FILED PURSUANT TO §§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 of the Act (15 U.S.C. 78c).
 
        
   (c)
  o   Insurance company as defined in section 3(a)(19) of the 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)
  o   An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
 
        
   (f)
  o   An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
 
        
   (g)
  o   A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).

 

 

                     
CUSIP No.
  
879101103 
 13G Page  
6 
   of   
10 
         
   (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-US institution in accordance with §240.13d-1(b)(1)(ii)(J).
 
        
   (k)
  o   Group, in accordance with §240.13d-1(b)(1)(ii)(K).
Not applicable
ITEM 4.   OWNERSHIP
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
             
(a)
  Amount beneficially owned:   2,980,842 shares
 
            
(b)
  Percent of class:   4.3%
 
            
(c)
  Number of shares as to which such person has:        
 
            
 
  (i) Sole power to vote or to direct the vote   0 shares
 
            
 
  (ii) Shared power to vote or to direct the vote   2,980,842 shares
 
            
 
  (iii) Sole power to dispose or to direct the disposition of   0 shares
 
            
 
  (iv) Shared power to dispose or to direct the disposition of   2,980,842 shares
     
ITEM 5.
   OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
 
    
 
   If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following:     þ
 
    
 
   Instruction: Dissolution of a group requires a response to this item.
 
    
ITEM 6.
   OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
 
    
 
   To the best knowledge of each of the Reporting Persons, no person other than each of the Reporting Persons has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the 2,980,842 shares of Tekelec Common Stock beneficially owned by the Reporting Persons.
 
    
ITEM 7.
   IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
 
    
 
   Not applicable
 
    
ITEM 8.
   IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
 
    
 
   Not applicable
 
    
ITEM 9.
   NOTICE OF DISSOLUTION OF GROUP
 
    
 
   Not applicable
 
    
ITEM 10.
   CERTIFICATION
 
    
 
   Not applicable

 

 

                     
CUSIP No.
  
879101103 
 13G Page  
7 
   of   
10 
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.
         
  Date: February 9, 2011

DANSINGTON CORP.
 		  
  By:   Nassnom Investments Corp., a Director    
     
  By:   /s/ Katrina Montgomery    
    Print Name:   Katrina Montgomery   
    Title:   Director   
         
  By:   Nomnass Investments Corp., a Director    
     
  By:   /s/ Kirsten Sweeting    
    Print Name:   Kirsten Sweeting    
    Title:   Director   
         
  RHONE TRUSTEES (BAHAMAS) LTD.,
on behalf of itself and as Trustees of The Tango Trust
 		  
  By:   /s/ Kimberly Strachan    
    Print Name:   Kimberly Strachan    
    Title:   Director   
     
  By:   /s/ Katrina Montgomery    
    Print Name:   Katrina Montgomery    
    Title:   Director   
 
The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative’s authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.
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 for whom copies are to be sent.
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)

 

 

                     
CUSIP No.
  
879101103 
 13G Page  
8 
   of   
10 
EXHIBIT INDEX
               
Exhibit Number   Exhibit   Page
1
  Agreement to File Joint Statements on Schedule 13G   Page 9 of 10 pages