-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, N9ftqASn5y5JxBv5xdHNgTKTKczi1g6q1ApVBK4VJlDlk2iiQO7YxY87v5EzUuLc V1oIdWfjuNRxaGVisIl21A== 0000950144-01-502617.txt : 20010518 0000950144-01-502617.hdr.sgml : 20010518 ACCESSION NUMBER: 0000950144-01-502617 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010517 GROUP MEMBERS: LABORATORIES MDS QUBEC LTEE GROUP MEMBERS: MDS INC. GROUP MEMBERS: MDS NORDION INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FOOD TECHNOLOGY SERVICE INC CENTRAL INDEX KEY: 0000868267 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 592618503 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-54187 FILM NUMBER: 1642661 BUSINESS ADDRESS: STREET 1: 502 PRARIE MINE RD CITY: MULBERRY STATE: FL ZIP: 33860 BUSINESS PHONE: 8634250039 MAIL ADDRESS: STREET 1: 502 PRARIE MINE RD CITY: MULBERRY STATE: FL ZIP: 33860 FORMER COMPANY: FORMER CONFORMED NAME: VINDICATOR INC /FL/ DATE OF NAME CHANGE: 19930328 FORMER COMPANY: FORMER CONFORMED NAME: VINDICATOR OF FLORIDA INC /FL/ DATE OF NAME CHANGE: 19600201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MDS NORDION INC CENTRAL INDEX KEY: 0001062387 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 447 MARCH RD STREET 2: KANATA PROVIDENCE ONTARIO CITY: CANADA K2K 1X8 MAIL ADDRESS: STREET 1: 447 MARCH RD STREET 2: KANATA PROVIDENCE ONTARIO CITY: CANADA K2K 1X8 SC 13D/A 1 g69623sc13da.txt FOOD TECHNOLOGY SERVICE, INC./ MDS NORDION INC. 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 SCHEDULE 13D UNDER SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 13 ) Food Technology Service, Inc. (formerly Vindicator, Inc.) ------------------------------------------------------------------------------- (Name of Issuer) Common Shares, $0.01 Par Value ------------------------------------------------------------------------------- (Title of Class of Securities) 927341107 ------------------------------------------------------------------------------- (CUSIP Number) David L. Nicholds, Esq. MDS Nordion Inc. 447 March Road Kanata, Ontario, Canada K2K 1X8 ------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) MAY 15, 2001 ------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement If the filing person has previously filed a statement on Schedule 13D to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box. [ ] Check the following box if a fee is being paid with the statement [ ]. (A fee is not required only if the reporting person: (1) has a pervious statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. 2 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 purposes of Section 13 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). 3 SCHEDULE 13D
CUSIP NO. 927341107 PAGE 1 OF 5 PAGES -------------------------------- -------- ------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION OF ABOVE PERSON. MDS Nordion Inc. (formerly Nordion International Inc.) - ------------------------------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*. (A) [ ] (B) [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* WC & Affiliate - ------------------------------------------------------------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E).[ ] - ------------------------------------------------------------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION. Ontario, Canada - ------------------------------------------------------------------------------------------------------------------------------------ Number of Shares 7 SOLE VOTING POWER: Beneficially Owned by each Reporting Person with - ------------------------------------------------------------------------------------------------------------------------------------ 8 SHARED VOTING POWER: 5,804,647 - ------------------------------------------------------------------------------------------------------------------------------------ 9 SOLE DISPOSITIVE POWER: - ------------------------------------------------------------------------------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER: 5,804,647 - ------------------------------------------------------------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON. 5,804,647 - ------------------------------------------------------------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*[ ] - ------------------------------------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 53.82% - ------------------------------------------------------------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! 4 SCHEDULE 13D
CUSIP NO. 927341107 PAGE 2 OF 5 PAGES -------------------------------- -------- ------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION OF ABOVE PERSON. Laboratoires MDS Quebec Ltee - ------------------------------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*. (A) [ ] (B) [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* Affiliate - ------------------------------------------------------------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E). [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION. Quebec, Canada - ------------------------------------------------------------------------------------------------------------------------------------ Number of Shares 7 SOLE VOTING POWER: Beneficially Owned by each Reporting Person with - ------------------------------------------------------------------------------------------------------------------------------------ 8 SHARED VOTING POWER: 5,804,647 - ------------------------------------------------------------------------------------------------------------------------------------ 9 SOLE DISPOSITIVE POWER: - ------------------------------------------------------------------------------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER: 5,804,647 - ------------------------------------------------------------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON. 5,804,647 - ------------------------------------------------------------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*[ ] - ------------------------------------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 53.82% - ------------------------------------------------------------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! 5 SCHEDULE 13D
CUSIP NO. 927341107 PAGE 3 OF 5 PAGES -------------------------------- -------- ------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION OF ABOVE PERSON. MDS INC. - ------------------------------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*. (A) [ ] (B) [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* WC & Affiliate - ------------------------------------------------------------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E). - ------------------------------------------------------------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION. Ontario, Canada - ------------------------------------------------------------------------------------------------------------------------------------ Number of Shares 7 SOLE VOTING POWER: Beneficially Owned by each Reporting Person with - ------------------------------------------------------------------------------------------------------------------------------------ 8 SHARED VOTING POWER: 5,804,647 - ------------------------------------------------------------------------------------------------------------------------------------ 9 SOLE DISPOSITIVE POWER: - ------------------------------------------------------------------------------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER: 5,804,647 - ------------------------------------------------------------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON. 5,804,647 - ------------------------------------------------------------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*[ ] - ------------------------------------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 53.82% - ------------------------------------------------------------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT! 6 Item 1. SECURITY AND ISSUER. Shares of Common Stock, $0.01 par value Food Technology Service, Inc. 502 Prairie Mine Road Mulberry, Florida 33860 USA Item 2. IDENTITY AND BACKGROUND N/A Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. N/A Item 4. PURPOSE OF TRANSACTION Item 4 is hereby amended. As confirmed by letter Agreement dated May 18, 2000 (previously filed) Food Technology Service, Inc.'s ("FTSI") indebtedness to MDS Nordion Inc. ("Nordion") as at February 4, 2000 is in the amount of $963,194 (the "Debt"). The Debt is convertible into shares at the conversion rate of 70% of the closing price, on the last trade date, prior to the exercise of the conversion right. Additionally, such Letter Agreement provides that the right of conversion of interest on the Debt accruing from February 5, 2000 to January 1, 2001, into shares of FTSI, has been waived by Nordion. By letter Agreement dated November 20, 2000, Nordion has extended its waiver of the right of conversion of interest accruing on outstanding FTSI indebtedness accruing from January 1, 2001 to January 1, 2002. The increase in FTSI's share price has given rise to a decrease in the number of shares, to which Nordion would be beneficially entitled if it exercised its right of conversion of the Debt. Since the 13D Amendment 12, filed with the SEC in early May 2001, (which computed the amount of beneficially owned shares based on the closing share price on May 8, 2001 i.e., 70% of $2.10 or $1.47) the closing share price of FTSI on May 15, 2001 increased to $3.05. Seventy percent (70%) thereof corresponds to a conversion price of $2.13. At the close of business on May 15, 2001, Nordion beneficially owned 5,804,647 shares of stock, which constitutes approximately 53.82% of the outstanding shares of FTSI. The number of shares beneficially owned as of May 15, 2001 has been computed by aggregating (i) the number of shares that Nordion actually owns; and (ii) the number of shares into which Nordion could elect to convert the remaining outstanding Debt on the basis of the closing price of May 15, 2001 (i.e., 70% of $3.05 or $2.13). As a result of the foregoing, the number of shares beneficially owned by Nordion decreased by 203,031 shares. Pursuant to publicly available information 10,333,201 shares of Food Technology Service, Inc. were issued and outstanding on May 15, 2001. Item 5. INTEREST IN SECURITIES OF THE ISSUER See Item 4. Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDING OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. N/A 7 Item 7. MATERIALS TO BE FILED AS EXHIBITS N/A SIGNATURE After reasonable inquiry and to the best of its knowledge and belief the undersigned certify that the information set forth in this statement is true and correct. Dated: May 16, 2001 MDS NORDION INC., By: /s/ David L. Nicholds ----------------------------------------- Name: David L. Nicholds Title: Vice President, General Counsel MDS INC., By: /s/ Peter E. Brent ------------------------------------------ Name: Peter E. Brent Title: Senior Vice President & General Counsel LABORATOIRES MDS QUEBEC LTEE. By: /s/ Peter E. Brent ------------------------------------------- Name: Peter E. Brent Title: Vice President & Corporate Secretary -----END PRIVACY-ENHANCED MESSAGE-----