0000950103-19-001960.txt : 20190213 0000950103-19-001960.hdr.sgml : 20190213 20190213124222 ACCESSION NUMBER: 0000950103-19-001960 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20190213 DATE AS OF CHANGE: 20190213 GROUP MEMBERS: ALEPH CAPITAL PARTNERS GP LTD GROUP MEMBERS: CRESTVIEW III TIGER, L.P. GROUP MEMBERS: HUGUES BERNARD CHARLES LEPIC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GTT Communications, Inc. CENTRAL INDEX KEY: 0001315255 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 202096338 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80681 FILM NUMBER: 19595526 BUSINESS ADDRESS: STREET 1: 7900 TYSONS ONE PLACE STREET 2: SUITE 1450 CITY: MCLEAN STATE: VA ZIP: 22102 BUSINESS PHONE: (703) 442-5500 MAIL ADDRESS: STREET 1: 7900 TYSONS ONE PLACE STREET 2: SUITE 1450 CITY: MCLEAN STATE: VA ZIP: 22102 FORMER COMPANY: FORMER CONFORMED NAME: Global Telecom & Technology, Inc. DATE OF NAME CHANGE: 20061018 FORMER COMPANY: FORMER CONFORMED NAME: Mercator Partners Acquisition Corp. DATE OF NAME CHANGE: 20050124 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Aleph Tiger Investors LP CENTRAL INDEX KEY: 0001742679 IRS NUMBER: 000000000 STATE OF INCORPORATION: Y7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: C/O AZTEC GROUP GUERNSEY STREET 2: 656 TRAFALGAR COURT LES BANQUES CITY: GUERNSEY STATE: Y7 ZIP: GY1 3PP BUSINESS PHONE: 441481749700 MAIL ADDRESS: STREET 1: C/O AZTEC GROUP GUERNSEY STREET 2: 656 TRAFALGAR COURT LES BANQUES CITY: GUERNSEY STATE: Y7 ZIP: GY1 3PP SC 13G/A 1 dp102287_sc13ga-gtt.htm FORM SC13G/A

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

GTT Communications, Inc.

(Name of Issuer)

 

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

 

362393100

(CUSIP Number)

 

December 31, 2018

(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.

 

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. 362393100 13G  

  

1

NAME OF REPORTING PERSON

 

Aleph Tiger Investors LP

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a) ☐

(b) ☐

 

3

SEC USE ONLY

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Guernsey

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

-0- (see Item 4)

6

SHARED VOTING POWER

 

3,948,449 (see Item 4)

7

SOLE DISPOSITIVE POWER

 

-0- (see Item 4)

8

SHARED DISPOSITIVE POWER

 

3,948,449 (see Item 4)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,948,449 (see Item 4)

10

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

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

7.2% (see Item 4)

12

TYPE OF REPORTING PERSON*

 

PN

 

Page 2

 

 

 

 

CUSIP NO. 362393100 13G  

  

1

NAME OF REPORTING PERSON

 

Aleph Capital Partners GP Limited

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a) ☐

(b) ☐

 

3

SEC USE ONLY

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Guernsey

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

-0- (see Item 4)

6

SHARED VOTING POWER

 

3,948,449 (see Item 4)*

7

SOLE DISPOSITIVE POWER

 

-0- (see Item 4)

8

SHARED DISPOSITIVE POWER

 

3,948,449 (see Item 4)*

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,948,449 (see Item 4)*

10

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

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

7.2% (see Item 4)*

12

TYPE OF REPORTING PERSON*

 

CO

  * Includes all of the shares beneficially owned by Aleph Tiger Investors LP.

 

Page 3

 

 

 

 

CUSIP NO. 362393100 13G  

 

1

NAME OF REPORTING PERSON

 

Hugues Bernard Charles Lepic

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(a) ☐

(b) ☐

 

3

SEC USE ONLY

 

4

CITIZENSHIP OR PLACE OF ORGANIZATION

 

France

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH 

REPORTING

PERSON

WITH

5

SOLE VOTING POWER

 

-0- (see Item 4)

6

SHARED VOTING POWER

 

3,948,449 (see Item 4)*

7

SOLE DISPOSITIVE POWER

 

-0- (see Item 4)

8

SHARED DISPOSITIVE POWER

 

3,948,449 (see Item 4)*

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,948,449 (see Item 4)*

10

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

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

7.2% (see Item 4)*

12

TYPE OF REPORTING PERSON*

 

IN

  * Includes all of the shares beneficially owned by Aleph Tiger Investors LP.

 

Page 4

 

 

 

 

CUSIP NO. 362393100 13G  

 

1

NAME OF REPORTING PERSON

 

Crestview III Tiger, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 

(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

 

-0- (see Item 4)

6

SHARED VOTING POWER

 

3,948,449 (see Item 4)*

7

SOLE DISPOSITIVE POWER

 

-0- (see Item 4)

8

SHARED DISPOSITIVE POWER

 

3,948,449 (see Item 4)*

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

3,948,449 (see Item 4)*

10

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

 

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

7.2% (see Item 4)*

12

TYPE OF REPORTING PERSON*

 

PN

*Includes all of the shares beneficially owned by Aleph Tiger Investors LP., which shares may be deemed to be beneficially owned by the reporting person but which shares are disclaimed by the reporting person pursuant to Rule 13d-4.

  

Page 5

 

 

 

 

CUSIP NO. 362393100 13G  

 

Item 1 (a). Name of Issuer:

 

GTT Communications, Inc. (the “Issuer”)

 

Item 1 (b). Address of Issuer’s Principal Executive Offices:

 

7900 Tysons One Place Suite 1450

Mclean, VA 22102

 

Item 2 (a). Name of Person Filing:

 

Aleph Tiger Investors LP (“Aleph Tiger”), Aleph Capital Partners GP Limited (“Aleph Capital”), Hugues Bernard Charles Lepic (“Lepic”) and Crestview III Tiger, L.P. (“Crestview”) are each a “Reporting Person” and referred to herein collectively as the “Reporting Persons”.

 

An agreement among the Reporting Persons that this Schedule 13G is filed on behalf of each of them is attached hereto as Exhibit 1.

 

Item 2 (b). Address of Principal Business Office or, if none, Residence:

 

For Aleph Tiger and Aleph Capital:

c/o Aztec Financial Services (Guernsey) Limited

East Wing Trafalgar Court Les Banques St Peter Port Guernsey

GY1 3PP, United Kingdom

 

For Lepic:

c/o Aleph Capital Partners LLP

14 St George Street London

W1S 1FE, United Kingdom

 

For Crestview:

590 Madison Avenue, 36th Floor

New York, NY 10022

 

Item 2 (c). Citizenship:

 

Aleph Tiger is a Guernsey limited partnership. Aleph Capital is a Guernsey corporation. Lepic is a citizen of France. Crestview is a Delaware limited partnership.

 

Item 2 (d). Title of Class of Securities:

 

Common Stock, par value $0.0001 per share (the “Common Stock”)

 

Item 2 (e). CUSIP Number:

 

362393100

 

Page 6

 

 

 

 

CUSIP NO. 362393100 13G  

 

Item 3. Not Applicable

 

Item 4 Ownership

 

(a)-(c) The responses of the Reporting Persons to Rows 5, 6, 7, 8, 9 and 11 in each of their respective cover pages which relate to the beneficial ownership of the Common Stock, as of the date hereof, are incorporated by reference.

 

As of the date hereof, the Reporting Persons beneficially owned in the aggregate 3,948,449 shares of Common Stock, which were directly owned by Aleph Tiger, representing approximately 7.2% of the shares of Common Stock outstanding (based on 54,701,256 outstanding shares of Common Stock as of November 6, 2018, as reported on the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 8, 2018).

 

Item 5. Ownership of Five Percent or Less of a Class

 

Not applicable.

 

Item 6. Ownership of More Than Five Percent on Behalf of Another Person

 

The responses of the Reporting Persons to Items 2(a) and 4 are incorporated herein by reference. Under certain circumstances, Venture Six Holdings LLC, a limited partner of Aleph Tiger, could have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, shares of Common Stock owned by Aleph Tiger.

 

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.

  

Page 7

 

 

 

 

CUSIP NO. 362393100 13G  

 

Item 10. Certification

 

(c) By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

 

Page 8

 

 

 

 

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.

 

Dated: February 13, 2019 ALEPH TIGER INVESTORS LP
     
  Acting by its general partner:
     
  Aleph Capital Partners GP Limited
     
     
  By: /s/ Matt Chick
    Name: Matt Chick
    Title: Director
     
     
  ALEPH CAPITAL PARTNERS GP LIMITED
     
     
  By: /s/ Matt Chick
    Name: Matt Chick
    Title: Director
     
     
     
  /s/ Hugues Bernard Charles Lepic
 

Hugues Bernard Charles Lepic

 

  CRESTVIEW III TIGER, L.P.
   
  Acting by its general partner:
     
  Crestview III Tiger GP, LLC
     
     
  By: /s/ Ross Oliver
    Name: Ross Oliver
    Title: General Counsel

 

Page 9

 

EX-99.1 2 dp102287_ex1.htm EXHIBIT 1

 

EXHIBIT 1

 

JOINT FILING AGREEMENT

 

This will confirm the agreement by and among all the undersigned that the Schedule 13G filed on or about this date and any amendments thereto with respect to the beneficial ownership by the undersigned of shares of common stock, par value $0.0001 per share, of GTT Communications, Inc. is being filed on behalf of each of the undersigned in accordance with Rule 13d-1(k)(1). This agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

 

Dated: February 13, 2019 ALEPH TIGER INVESTORS LP
     
  Acting by its general partner:
     
  Aleph Capital Partners GP Limited
     
     
  By: /s/ Matt Chick
    Name: Matt Chick
    Title: Director
     
     
  ALEPH CAPITAL PARTNERS GP LIMITED
     
     
  By: /s/ Matt Chick
    Name: Matt Chick
    Title: Director
     
     
  /s/ Hugues Bernard Charles Lepic
 

Hugues Bernard Charles Lepic

 

  CRESTVIEW III TIGER, L.P.
     
  Acting by its general partner:
     
  Crestview III Tiger GP, LLC
     
     
  By: /s/ Ross Oliver
    Name: Ross Oliver
    Title: General Counsel