0001193125-18-010048.txt : 20180112 0001193125-18-010048.hdr.sgml : 20180112 20180112161759 ACCESSION NUMBER: 0001193125-18-010048 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20180112 DATE AS OF CHANGE: 20180112 GROUP MEMBERS: MARIPOSA ACQUISITION II, LLC GROUP MEMBERS: MARTIN E. FRANKLIN REVOCABLE TRUST SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Nomad Foods Ltd CENTRAL INDEX KEY: 0001651717 STANDARD INDUSTRIAL CLASSIFICATION: FOOD & KINDRED PRODUCTS [2000] IRS NUMBER: 000000000 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-89365 FILM NUMBER: 18526175 BUSINESS ADDRESS: STREET 1: NEMOURS CHAMBERS CITY: ROAD TOWN STATE: D8 ZIP: VG1110 BUSINESS PHONE: 284-852-7900 MAIL ADDRESS: STREET 1: NEMOURS CHAMBERS CITY: ROAD TOWN STATE: D8 ZIP: VG1110 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN MARTIN E CENTRAL INDEX KEY: 0000940603 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D MAIL ADDRESS: STREET 1: C/O MARIPOSA CAPITAL, LLC STREET 2: 5200 BLUE LAGOON DRIVE, SUITE 855 CITY: MIAMI STATE: FL ZIP: 33126 SC 13D 1 d510098dsc13d.htm SC 13D SC 13D

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

Nomad Foods Limited

(Name of Issuer)

Ordinary Shares, No Par Value

(Title of Class of Securities)

G6564A105

(CUSIP Number)

Mariposa Acquisition II, LLC

500 South Pointe Drive, Suite 240

Miami Beach, Florida 33139

Attn: Martin E. Franklin

(786) 482-6333

(Name, Address and Telephone Number of Person Authorized

to Receive Notices and Communications)

January 2, 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 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).

 

 

 


SCHEDULE 13D

CUSIP No. G6564A 105     Page 2 of 8 Pages

 

  1      

NAME OF REPORTING PERSONS

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

 

Martin E. Franklin

  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)

 

OO

  5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)          ☐

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United Kingdom

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

0

     8   

SHARED VOTING POWER

 

7,162,966*

     9   

SOLE DISPOSITIVE POWER

 

0

   10     

SHARED DISPOSITIVE POWER

 

7,162,966*

11      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

7,162,966*

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)

 

4.1%*

14  

TYPE OF REPORTING PERSON (See Instructions)

 

IN

 

  * See Item 5


SCHEDULE 13D

CUSIP No. G6564A 105     Page 3 of 8 Pages

 

  1      

NAME OF REPORTING PERSONS

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

 

Martin E. Franklin Revocable Trust

  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)

 

OO

  5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)          ☐

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Florida

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

0

     8   

SHARED VOTING POWER

 

4,089,428*

     9   

SOLE DISPOSITIVE POWER

 

0

   10     

SHARED DISPOSITIVE POWER

 

4,089,428*

11      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

4,089,428*

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)

 

2.4%*

14  

TYPE OF REPORTING PERSON (See Instructions)

 

OO

 

  * See Item 5


SCHEDULE 13D

CUSIP No. G6564A 105     Page 4 of 8 Pages

 

  1      

NAME OF REPORTING PERSONS

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

 

Mariposa Acquisition II, LLC

  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)

 

OO

  5  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)          ☐

 

  6  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7    

SOLE VOTING POWER

 

0

     8   

SHARED VOTING POWER

 

750,000*

     9   

SOLE DISPOSITIVE POWER

 

0

   10     

SHARED DISPOSITIVE POWER

 

750,000*

11      

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

750,000*

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)

 

0.4%*

14  

TYPE OF REPORTING PERSON (See Instructions)

 

OO

 

  * See Item 5.


Item 1. Security and Issuer.

This Statement on Schedule 13D (this “Statement”) relates to the ordinary shares, no par value (the “Ordinary Shares”), of Nomad Foods Limited, a company incorporated with limited liability under the laws of the British Virgin Islands (the “Issuer”). The principal executive offices of the Issuer are located at No. 1 New Square, Bedfont Lakes Business Park, Feltham, Middlesex TW14 8HA.

 

Item 2. Identity and Background.

 

  (a) This Statement is being jointly filed by Martin E. Franklin (“Franklin”), the Martin E. Franklin Revocable Trust (the “Trust”) and Mariposa Acquisition II, LLC, a Delaware limited liability company (“Mariposa” and together with Franklin and the Trust, collectively referred to as the “Reporting Persons”), pursuant to Rule 13d-1(k) promulgated by the Securities and Exchange Commission (the “Commission”) pursuant to Section 13 of the Securities Exchange Act of 1934, as amended. Mariposa is a private investment vehicle of Franklin, who is the sole managing member of Mariposa. Franklin is the sole settlor and the trustee of the Trust.

 

  (b) The business address of each of the Reporting Persons is 500 South Pointe Drive, Suite 240, Miami Beach, Florida 33139.

 

  (c) The present principal business of Mariposa is that of a private investment fund, engaged in the purchase and sale of securities for investment for its own account. The present principal business of the Trust is managing and holding investments for the benefit of the Trust beneficiaries. Franklin directs the voting and investment activities of Mariposa, the Trust and other affiliated private investment vehicles.

 

  (d) None of the Reporting Persons has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

 

  (e) None of the Reporting Persons, were, during the last five years, a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

  (f) Mariposa is organized under the laws of the State of Delaware. The Trust is organized under the laws of the State of Florida. Franklin is a citizen of the United Kingdom.

 

Item 3. Source and Amount of Funds or Other Consideration.

Mariposa is engaged in the purchase and sale of securities for investment for its own account. The source of funds is the investment capital of Mariposa. The Dividend Shares (as defined below) were acquired pursuant to the dividend declared by the Issuer as described in Item 4 below.


The information set forth in Item 4 of this Statement is incorporated herein by reference.

 

Item 4. Purpose of Transaction.

Mariposa purchased 750,000 founder preferred shares (the “Founder Preferred Shares”) from the Issuer in connection with the Issuer’s initial public offering on April 15, 2014, which Founder Preferred Shares are convertible, on a one-for-one basis, into Ordinary Shares.

On January 2, 2018, Mariposa was issued 4,352,945 Ordinary Shares by the Issuer (the “Dividend Shares”) as a dividend on its Founder Preferred Shares. The number of Dividend Shares issued was based on the share price appreciation of the Ordinary Shares as described in the Issuer’s amended and restated memorandum and articles of association. On January 12, 2018, Mariposa distributed 9,294,153 Ordinary Shares to its members pursuant to its governing documents, including 4,089,428 Ordinary Shares to be distributed to the Trust and 2,323,538 Ordinary Shares to be distributed to RSMA, LLC for no consideration.

The Reporting Persons intend to review their investment on a regular basis and, as a result thereof, may at any time or from time to time determine, either alone or as part of a group, (a) to acquire additional securities of the Issuer, through open market purchases, privately negotiated transactions or otherwise, (b) to dispose of all or a portion of the securities of the Issuer owned by it in the open market, in privately negotiated transactions or otherwise, (c) to enter into privately negotiated derivative transactions with institutional counterparties to hedge the market risk of some or all of its positions in the securities of the Issuer or (d) to take any other available course of action, which could involve one or more of the types of transactions or have one or more of the results described in clauses (a) through (j) of Item 4 of Schedule 13D. Any such acquisition or disposition or other transaction would be made in compliance with all applicable laws and regulations. Notwithstanding anything contained herein, the Reporting Persons specifically reserve the right to change their intention with respect to any or all of such matters. In reaching any decision as to its course of action (as well as to the specific elements thereof), the Reporting Persons currently expect that it would take into consideration a variety of factors, including, but not limited to, the following: the Issuer’s business and prospects; other developments concerning the Issuer and its businesses generally; other business opportunities available to the Reporting Persons; changes in law and government regulations; general economic conditions; and money and stock market conditions, including the market price of the securities of the Issuer. Except as set forth herein, the Reporting Persons have no present plans or proposals that relate to or that would result in any of the actions specified in clauses (a) through (j) of Item 4 of Schedule 13D.

 

Item 5. Interest in Securities of the Issuer.

 

  (a) - (b)

As of the date hereof, Martin, Mariposa and the Trust may be deemed to beneficially own and have shared power to vote, or to direct the vote, and shared power to dispose, or to direct the disposition of, an aggregate of 7,162,966, 750,000 and 4,089,428 Ordinary Shares (which includes shares convertible into


  Ordinary Shares within 60 days), respectively. These amounts consist of (i) 4,089,428 Ordinary Shares held directly by the Trust, (ii) 750,000 Founder Preferred Shares held directly by Mariposa and (iii) 2,323,538 Ordinary Shares held indirectly by Franklin through RSMA, LLC. In the aggregate, such 7,162,966, 750,000 and 4,089,428 Ordinary Shares represent approximately 4.1%, 0.4% and 2.4% of all outstanding Ordinary Shares (calculated based on 173,997,436 Ordinary Shares outstanding as of January 2, 2018 (as reported in the Issuer’s Report on Form 6-K filed on January 2, 2018) and assuming the conversion of the Reporting Person’s Founder Preferred Shares, but without including any conversion of Founder Preferred Shares held by any other person). Franklin may be deemed to beneficially own 69% of Mariposa, representing 330,000 Founder Preferred Shares.

 

  (c) Except as otherwise described herein, no other transactions were effected by the Reporting Persons in the past 60 days.

 

  (d) Except as stated within this Item 5, to the knowledge of the Reporting Persons, only the Reporting Persons have the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the Ordinary Shares of the Issuer reported by this Statement.

 

  (e) On January 12, 2018, the Reporting Persons ceased to be the beneficial owners of more than five percent of the outstanding Ordinary Shares.

 

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

Pursuant to the terms of the Founder Preferred Shares, as described in the Issuer’s amended and restated memorandum and articles of association, holders of the Founder Preferred Shares are entitled to receive annual dividend payments if certain performance conditions are met. The Founder Preferred Shares will be automatically converted into Ordinary Shares on a one for one basis (i) in the event of a change of control of the Issuer or (ii) on the last day of the seventh full financial year following the acquisition of Iglo Foods Holdings Limited (which closed on June 1, 2015). Each Founder Preferred Share is convertible into one Ordinary Share at the option of the holder and has certain voting rights.

The information set forth in Items 3 and 4 of this Statement is incorporated herein by reference.

 

Item 7. Materials to be Filed as Exhibits.

Exhibit A — Joint Filing Agreement among the Reporting Persons, dated January 12, 2018.


SIGNATURE

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

 

Dated: January 12, 2018       MARIPOSA ACQUISITION II, LLC
      By:   /s/ Martin E. Franklin
      Name:   Martin E. Franklin
      Title:   Manager
      MARTIN E. REVOCABLE TRUST
      By:   /s/ Martin E. Franklin
       

Martin E. Franklin, as settlor and trustee of the

Martin E. Franklin Revocable Trust

     

/s/ Martin E. Franklin

     

Martin E. Franklin

EX-99.A 2 d510098dex99a.htm EX-99.A EX-99.A

EXHIBIT A

SCHEDULE 13D JOINT FILING AGREEMENT

In accordance with the requirements of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, and subject to the limitations set forth therein, the parties set forth below agree to jointly file the Schedule 13D to which this Joint Filing Agreement is attached, and have duly executed this Joint Filing Agreement as of the date set forth below.

 

Dated: January 12, 2018       MARIPOSA ACQUISITION II, LLC
      By:   /s/ Martin E. Franklin
      Name:   Martin E. Franklin
      Title:   Manager
      MARTIN E. REVOCABLE TRUST
      By:   /s/ Martin E. Franklin
       

Martin E. Franklin, as settlor and trustee of the

Martin E. Franklin Revocable Trust

     

/s/ Martin E. Franklin

     

Martin E. Franklin