0001193125-20-014322.txt : 20200124 0001193125-20-014322.hdr.sgml : 20200124 20200124170350 ACCESSION NUMBER: 0001193125-20-014322 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200124 DATE AS OF CHANGE: 20200124 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: 58.com Inc. CENTRAL INDEX KEY: 0001525494 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87683 FILM NUMBER: 20546240 BUSINESS ADDRESS: STREET 1: BUILDING 105, 10 JIUXIANQIAO NORTH RD STREET 2: JIA, CHAOYANG DISTRICT CITY: Beijing STATE: F4 ZIP: 100015 BUSINESS PHONE: (86 10) 5796-08888 MAIL ADDRESS: STREET 1: BUILDING 105, 10 JIUXIANQIAO NORTH RD STREET 2: JIA, CHAOYANG DISTRICT CITY: Beijing STATE: F4 ZIP: 100015 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Genesis Asset Managers, LLP CENTRAL INDEX KEY: 0001300978 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 2ND FLOOR, TRAFALGAR COURT STREET 2: LES BANQUES, ST. PETER PORT CITY: GUERNSEY, CHANNEL ISLANDS STATE: X0 ZIP: GY1 4LY BUSINESS PHONE: 44 1481 716000 MAIL ADDRESS: STREET 1: 2ND FLOOR, TRAFALGAR COURT STREET 2: LES BANQUES, ST. PETER PORT CITY: GUERNSEY, CHANNEL ISLANDS STATE: X0 ZIP: GY1 4LY FORMER COMPANY: FORMER CONFORMED NAME: Genesis Fund Managers, LLP DATE OF NAME CHANGE: 20040819 SC 13G/A 1 d876009dsc13ga.htm SC 13G/A SC 13G/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

 

58.com Inc.

(Name of Issuer)

CLASS A ORDINARY SHARES**

AMERICAN DEPOSITARY SHARES (“ADS”)

(Title of Class of Securities)

31680Q104***

(CUSIP Number)

June 30, 2019

(Date of Event Which Requires Filing of This Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☒ Rule 13d—1(b)

☐ Rule 13d—1(c)

☐ Rule 13d—1(d)

 

*

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 disclosures provided in a prior cover page.

 

**

Not for trading, but only in connection with the registration of one American Depositary Share each representing two Class A ordinary shares.

 

***

This CUSIP number applies to the American Depositary Shares. No CUSIP has been assigned to the Class A ordinary shares

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.

 

 

 

CUSIP No. 31680Q104

 

  1    

  NAMES OF REPORTING PERSONS

 

  I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

  Genesis Asset Managers, LLP

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

  (a)  ☐        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

    5     

  SOLE VOTING POWER

 

  4,736,102 ADSs (representing 9,472,204 Class A Ordinary Shares) (See items 3 and 6)

   6   

  SHARED VOTING POWER

 

  0 (See items 3 and 6)

   7   

  SOLE DISPOSITIVE POWER

 

  7,171,327 ADSs (representing 14,342,654 Class A Ordinary Shares) (See items 3 and 6)

   8   

  SHARED DISPOSITIVE POWER

 

  0 (See items 3 and 6)

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  7,171,327 ADSs (representing 14,342,654 Class A Ordinary Shares) (See items 3 and 6)

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)  ☐

 

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  4.84%†

12  

  TYPE OF REPORTING PERSON (See Instructions)

 

  HC / IA

 

†

Based on 296,444,579 shares of ordinary shares of 58.com Inc. reported by 58.com Inc. as outstanding as of December 31, 2018.

 

Page 2 of 5

CUSIP No. 31680Q104

 

STATEMENT ON SCHEDULE 13G

 

Item 1 (a).

Name of Issuer:

58.com Inc.

 

Item 1 (b).

Address of Issuer’s Principal Executive Offices:

Building 105, 10 Jiuxianqiao North Road Jia

Chaoyang District, Beijing 100015

People’s Republic of China

 

Item 2 (a).

Name of Persons Filing:

Genesis Asset Managers, LLP

 

Item 2 (b).

Address or Principal Business Office or, if None, Residence:

Genesis Asset Managers, LLP

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 4LY

 

Item 2 (c).

Citizenship:

Delaware

 

Item 2 (d).

Title of Class of Securities:

Reference is made to page 1 of this Schedule 13G

 

Item 2 (e).

CUSIP Number:

Reference is made to page 1 of this Schedule 13G

 

Item 3.

Classification.

Not applicable.

 

Item 4.

Ownership:

(a) Amount Beneficially Owned: 7,171,327 ADSs (representing 14,342,654 Class A Ordinary Shares)

 

Page 3 of 5

CUSIP No. 31680Q104

 

(b) Percent of Class 4.84%

(c) Number of shares as to which GAM has:

 

  (i)

Sole power to vote or direct the vote: 4,736,102 ADSs (representing 9,472,204 Class A Ordinary Shares)

 

  (ii)

Shared power to vote or to direct the vote: 0

 

  (iii)

Sole power to dispose or to direct the disposition of: 7,171,327 ADSs (representing 14,342,654 Class A Ordinary Shares)

 

  (iv)

Shared power to dispose or to direct the disposition of: 0

 

Item 5.

Ownership of Five Percent or Less of a Class:

If this statement is being filed to report 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: ☒

 

Item 6.

Ownership of More than Five Percent On Behalf of Another Person:

Not applicable.

 

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:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purposes of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired with or as a participant in any transaction having such purposes or effect.

 

Page 4 of 5

CUSIP No. 31680Q104

 

SIGNATURE

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

Date:    January 24, 2020

 

GENESIS ASSET MANAGERS, LLP
By:   /s/ Christopher Ellyatt
  Christopher Ellyatt
  Partner