0001140361-17-034940.txt : 20170908 0001140361-17-034940.hdr.sgml : 20170908 20170908162653 ACCESSION NUMBER: 0001140361-17-034940 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170908 DATE AS OF CHANGE: 20170908 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FINISH LINE INC /IN/ CENTRAL INDEX KEY: 0000886137 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-SHOE STORES [5661] IRS NUMBER: 351537210 STATE OF INCORPORATION: IN FISCAL YEAR END: 0301 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-42722 FILM NUMBER: 171076857 BUSINESS ADDRESS: STREET 1: 3308 N MITTHOEFFER RD CITY: INDIANAPOLIS STATE: IN ZIP: 46235 BUSINESS PHONE: 3178991022 MAIL ADDRESS: STREET 1: 3308 N MITTHOEFFER ROAD CITY: INDIANAPOLIS STATE: IN ZIP: 46235 FORMER COMPANY: FORMER CONFORMED NAME: FINISH LINE INC /DE/ DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Monecor (London) Ltd CENTRAL INDEX KEY: 0001716378 IRS NUMBER: 980243153 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: ONE BROADGATE CITY: LONDON STATE: X0 ZIP: EC2M 2QS BUSINESS PHONE: 2073921401 MAIL ADDRESS: STREET 1: ONE BROADGATE CITY: LONDON STATE: X0 ZIP: EC2M 2QS SC 13D 1 formsc13d.htm SC 13D
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13D
 
Under the Securities Exchange Act of 1934
(Amendment No. ________)*
 
THE FINISH LINE, INC.
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
317923100
(CUSIP Number)
 
Pyn-An Sun
Monecor (London) Limited (trading as ETX Capital)
One Broadgate
London EC2M 2QS
United Kingdom
+44 (0)20 7392 1508
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
5th April 2017
(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).
 
CUSIP No. 317923100
13D
Page 2 of 4 Pages
 
1
NAMES OF REPORTING PERSONS
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
MONECOR (LONDON) LIMITED (trading as ETX CAPITAL)
 
 
 
 
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
 
 
 
 
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 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
 
 
8,795,581 (See Item 5)
 
 
 
 
8
SHARED VOTING POWER
 
 
N/A
 
 
 
 
9
SOLE DISPOSITIVE POWER
 
 
8,795,581 (See Item 5)
 
 
 
 
10
SHARED DISPOSITIVE POWER
 
 
N/A
 
 
 
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
8,795,581 (See Item 5)
 
 
 
 
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)
 
 
21.9%
 
 
 
 
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
BD
 
 
 
 
 
CUSIP No. 317923100
13D
Page 3 of 4 Pages

Item 1.
Security and Issuer.
 
This statement relates to shares of common stock (the “Common Stock”) of The Finish Line, Inc., an Indiana corporation (the “Issuer” or the “Company”).  The Issuer’s principal executive offices are located at 3308 North Mitthoeffer Road, Indianapolis, Indiana 46235.

Item 2.
Identity and Background.
 
a)
The person filing this statement is Monecor (London) Limited (trading as ETX Capital), a company registered in England and Wales (the “Reporting Person”).
 
b)
The Reporting Person’s business address is One Broadgate, London EC2M 2QS, United Kingdom.
 
c)
The principal business of the Reporting Person is providing institutional, high-net-worth and retail customers with multi-asset market derivatives trading through financial spread betting and contract for difference products.
 
d)
During the last five years, the Reporting Person has not been (A) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (B) 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.
 
e)
N/A

Item 3.
Source or Amount of Funds or Other Consideration.
 
The aggregate purchase prices of the Shares described in Items 4 and 5 were funded by the Reporting Person out of working capital.  The Put Shares described in Items 4 and 6 that may be acquired by the Reporting Person are expected to be funded out of working capital.
 
Item 4.
Purpose of Transaction.
 
The Reporting Person acquired beneficial ownership of the Shares reported in Item 5 and entered into the Short Put Options described in Item 6 (pursuant to which the Reporting Person may be obligated to purchase up to the full number of Put Shares described in Item 6) in order to hedge certain contracts for differences relating to the Common Stock (“Stock CFDs”) and certain contract for differences relating to exchange traded put options on the Common Stock (“Put CFDs”), in each case entered into with Sports Direct International Plc, a company registered in England and Wales (the “Client”).   The Reporting Person’s acquisition of Common Stock is in the ordinary course of its business and without the purpose or effect of changing or influencing the control of the Issuer.

Item 5.
Interest in Securities of the Issuer.
 
a)
The Reporting Person is the beneficial owner of 8,795,581 shares of Common Stock (the “Shares”), representing 21.9% of the outstanding shares of the Common Stock, which shares were acquired to hedge the Stock CFDs.
 
b)
The Reporting Person has the sole voting and dispositive power over the Shares.
 
c)
The following table shows all transactions in the Common Stock that have contributed to the Reporting Person’s beneficial ownership of the Shares:
 
Date
Transaction Type
Share Quantity
Price Per Share
in USD
30 March 2017
Purchase
177,000
14.199
30 March 2017
Purchase
202,861
14.272939
31 March 2017
Purchase
342,396
14.20334
3 April 2017
Purchase
459,696
14.1431
4 April 2017
Purchase
415,014
14.2899
5 April 2017
Purchase
420,000
14.249977
6 April 2017
Purchase
56,450
14.4098
7 April 2017
Purchase
1,550
14.424194
10 April 2017
Purchase
154,000
14.38179
11 April 2017
Purchase
58,800
14.32695
12 April 2017
Purchase
350,000
14.3952
13 April 2017
Purchase
553,674
14.38527
17 April 2017
Purchase
500
14.49
16 May 2017
Purchase
245,151
13.860304
17 May 2017
Purchase
278,911
13.74579
18 May 2017
Purchase
182,929
13.669991
19 May 2017
Purchase
1,600,622
13.322366
22 May 2017
Purchase
53,800
13.959424
23 May 2017
Purchase
285,212
13.988262
24 May 2017
Purchase
102,682
13.912924
25 May 2017
Purchase
27,425
14.0037
26 May 2017
Purchase
69,609
13.98166
30 May 2017
Purchase
53,078
14.0273
31 May 2017
Purchase
202,879
13.988047
1 June 2017
Purchase
7,100
13.9833
2 June 2017
Purchase
721,321
13.8543
5 June 2017
Purchase
67,075
13.905806
6 June 2017
Purchase
478,408
13.898825
7 June 2017
Purchase
130,391
13.8427
14 June 2017
Purchase
55,500
13.9511
15 June 2017
Purchase
14,404
13.936482
23 June 2017
Sale
7,093
14.0136
28 June 2017
Sale
13,438
14.5289
29 June 2017
Sale
59,469
14.733757
29 June 2017
Sale
38,905
14.733757
30 June 2017
Sale
4,000
14.53
3 July 2017
Sale
45,994
14.659
5 July 2017
Sale
31,101
14.69792
21 July 2017
Purchase
60,000
14.030148
21 July 2017
Purchase
67,100
14.00
16 August 2017
Purchase
8,200
14.00
16 August 2017
Purchase
18,400
14.00
17 August 2017
Purchase
6,900
14.00
17 August 2017
Purchase
15,600
14.00
18 August 2017
Purchase
1,000
14.00
18 August 2017
Purchase
783,900
14.00
18 August 2017
Purchase
487,100
13.00
18 August 2017
Purchase
1,770,700
14.00
18 August 2017
Purchase
12,900
14.00
18 August 2017
Purchase
2,400
14.00
18 August 2017
Purchase
252,194
10.991212
21 August 2017
Sale
3,174,200
11.00
21 August 2017
Purchase
500,000
10.0898
21 August 2017
Purchase
116,616
9.8803
22 August 2017
Purchase
98,333
9.97386
 
(d)
N/A
 
 
(e)
N/A

Item 6.
Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
 
The Reporting Person has a contingent obligation to purchase up to an additional 1,200,000 shares of  Common Stock (the “Put Shares”) upon any exercise of certain exchange traded put options on the Common Stock sold by the Reporting Person (the “Short Put Options”), which were entered into to hedge the Put CFDs described in Item 4.  The Reporting Person may be required to purchase shares of Common Stock pursuant to the Short Put Options upon exercise at any time on or prior to the expiration of such options and has no control over such exercise. The material terms of the Short Put Options are included in the table set forth below:

Date
Transaction
Type
Share
Quantity
Price Per Share
 in USD
Expiry
15 August 2017
Short Put Option
5,000 lots
12.00
Feb-18
17 August 2017
Short Put Option
5,000 lots
12.00
Feb-18
18 August 2017
Short Put Option
2,000 lots
12.00
Feb-18
 
Note: Each Short Put Option Lot relates to 100 shares.
 
Information relating to the Stock CFDs and the Put CFDs is contained in the Schedule 13D filed by the Client with respect to the Common Stock on April 14, 2017, as amended by Amendments Numbers 1-21.
 
Item 7.
Material to Be Filed as Exhibits.
 
N/A
 
CUSIP No. 317923100
13D
Page 4 of 4 Pages
 
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.
 
 
MONECOR (LONDON) LIMITED (trading as ETX Capital)
   
 
/s/ Andrew Edwards
 
Name
   
 
Director
 
Title
   
 
September 8, 2017
 
Date