0001072613-12-000106.txt : 20120207 0001072613-12-000106.hdr.sgml : 20120207 20120207162748 ACCESSION NUMBER: 0001072613-12-000106 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120207 DATE AS OF CHANGE: 20120207 GROUP MEMBERS: CITY OF LONDON INVESTMENT MANAGEMENT CO SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MORGAN STANLEY EASTERN EUROPE FUND, INC. CENTRAL INDEX KEY: 0000918686 IRS NUMBER: 133756741 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-47087 FILM NUMBER: 12578247 BUSINESS ADDRESS: STREET 1: 522 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212 296-6963 MAIL ADDRESS: STREET 1: 522 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: MORGAN STANLEY EASTERN EUROPE FUND INC DATE OF NAME CHANGE: 20080711 FORMER COMPANY: FORMER CONFORMED NAME: MORGAN STANLEY DEAN WITTER EASTERN EUROPE FUND INC DATE OF NAME CHANGE: 20000504 FORMER COMPANY: FORMER CONFORMED NAME: MORGAN STANLEY RUSSIA & NEW EUROPE FUND INC DATE OF NAME CHANGE: 19960720 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CITY OF LONDON INVESTMENT GROUP PLC CENTRAL INDEX KEY: 0001018138 IRS NUMBER: 000000000 FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 77 GRACECHURCH STREET CITY: LONDON STATE: X0 ZIP: EC3V0AS BUSINESS PHONE: 011441717110771 MAIL ADDRESS: STREET 1: 77 GRACECHURCH STREET STREET 2: LONDON ENLAND EC3V0AS CITY: LONDON STATE: X0 ZIP: EC3V0AS FORMER COMPANY: FORMER CONFORMED NAME: OLLIFF & PARTNERS PLC DATE OF NAME CHANGE: 19960705 SC 13D/A 1 mseeurope-13da_17214.htm SCHEDULE 13DA Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D/A
Amendment No. 1
(Rule 13d-101)


INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)


Morgan Stanley Eastern Europe Fund, Inc.
(Name of Issuer)

Common Stock, par value $.01 per share
(Title of Class of Securities)

616988101
 (CUSIP Number)

Barry M. Olliff
c/o City of London Investment Management Company Limited
77 Gracechurch Street, London, UK EC3V 0AS
+44 207 711 0771
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

December 30, 2011
(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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), (f) or (g), check the following box o.

*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.
 
 
 
 
CUSIP No. 616988101
 
 
13D
 
Page 2 of 5 Pages    
 
 
1
 
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
 
City of London Investment Group PLC, (CLIG) a company incorporated under the laws of England and Wales.
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
 
 
3
 
SEC USE ONLY
 
 
 
4
 
SOURCE OF FUNDS*
 
OO
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)                                                                                                             o
 
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
England and Wales
 
NUMBER OF
 
SHARES
 
BENEFICIALLY
 
OWNED BY
 
EACH
 
REPORTING
 
PERSON
 
WITH
 
7
 
SOLE VOTING POWER
 
0
 
8
 
SHARED VOTING POWER
 
1,440,564
 
9
 
SOLE DISPOSITIVE POWER
 
0
 
10
 
SHARED DISPOSITIVE POWER
 
1,440,564
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,440,564
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  o
 
 
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
35.0%
 
14
 
TYPE OF REPORTING PERSON*
 
HC

 
 
 
 
CUSIP No. 616988101
 
 
13D
 
Page 3 of 5 Pages    
 
 
1
 
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
 
City of London Investment Management Company Limited (CLIM), a company incorporated under the laws of England and Wales.
 
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
 
 
3
 
SEC USE ONLY
 
 
 
4
 
SOURCE OF FUNDS
 
WC
 
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)                                                                                                                                                           o
 
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
England and Wales
 
NUMBER OF
 
SHARES
 
BENEFICIALLY
 
OWNED BY
 
EACH
 
REPORTING
 
PERSON
 
WITH
 
7
 
SOLE VOTING POWER
 
0
 
8
 
SHARED VOTING POWER
 
1,440,564
 
9
 
SOLE DISPOSITIVE POWER
 
0
 
10
 
SHARED DISPOSITIVE POWER
 
1,440,564
 
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,440,564
 
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  o
 
 
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
35.0%
 
14
 
TYPE OF REPORTING PERSON*
 
IA
 
 
 
CUSIP No. 616988101
 
 
13D
 
Page 4 of 5 Pages    
 
 
This Amendment No. 1 to Schedule 13D (this “Amendment No. 1”) should be read in conjunction with the Schedule 13D filed with the U.S. Securities and Exchange Commission (the “SEC”) on September 23, 2011 (the “Original Schedule 13D”), by City of London Investment Group PLC (“City of London”) and City of London Investment Management Company Limited relating to the shares of common stock (the “Shares”), of Morgan Stanley Eastern Europe Fund, Inc.   (the “Fund”).  This Amendment No. 1 amends Items 3, 5 and 7 of the Original Schedule 13D.  All other information in the Original Schedule 13D remains in effect.  All capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Original Schedule 13D.


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

Beneficial ownership of the Shares to which this statement relates was acquired by the Reporting Persons with invested capital of the City of London Funds and the Segregated Accounts. The aggregate purchase price of the 1,440,564 Shares beneficially owned by the Reporting Persons was $21,048,275, inclusive of brokerage commissions. The aggregate purchase price of the 122,550 Shares owned directly by BMI was $1,789,734, inclusive of brokerage commissions. The aggregate purchase price of the 101,197 Shares owned directly by EWF was $1,636,913, inclusive of brokerage commissions. The aggregate purchase price of the 123,473 Shares owned directly by FREE was $1,895,268, inclusive of brokerage commissions. The aggregate purchase price of the 122,936 Shares owned directly by GEM was $2,002,906, inclusive of brokerage commissions.  The aggregate purchase price of the 800 Shares owned directly by GFM was $12,272, inclusive of brokerage commissions. The aggregate purchase price of the 123,480 Shares owned directly by IEM was $2,183,445, inclusive of brokerage commissions. The aggregate purchase price of the 18,329 Shares owned directly by PLUS was $299,747, inclusive of brokerage commissions.  The aggregate purchase price of the 827,799 Shares owned directly by the Segregated Accounts was $11,227,987, inclusive of brokerage commissions.

Item 4.                      Purpose of Transaction.

Change in number of shares owned.

Item 5.                      Interests in Securities of the Issuer.

(a)  
and (b).  As of the date hereof, CLIG, through its control of CLIM, and CLIM, in its capacity as investment adviser to the City of London Funds and the Segregated Accounts, have voting and dispositive power with respect to all 1,440,564 Shares owned directly by the City of London Funds and the Segregated Accounts, representing approximately 35.0 % of the 4.116 million Shares outstanding as of June 30, 2011, as reported by the Fund. As of the date hereof, BMI, EWF, FREE, GEM, GFM, IEM, PLUS and the Segregated Accounts owned directly 122,550; 101,197; 123,473; 122,936; 800; 123,480; 18,329 and 827,799 Shares, respectively, representing approximately 2.98%, 2.46%, 2.99%, 2.99%, 0.02%, 2.99%, 0.45% and 20.12%, respectively, of the 4.116 million Shares outstanding as of December 31, 2010.

  (c). 
Information with respect to all transactions in the Shares beneficially owned by the Reporting Persons that were effected during the past 60 days is set forth below:
 
Portfolio
Tran Type
Trade Date
Par Value / Shares
Trade Price
EWF
BUY
12/30/2011
350
13.45
Account
BUY
12/30/2011
7,500
13.45

 
NONE
 
 
(d).  Other than disclosed herein, no other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such Shares.
 
(e).  Not applicable.
 
Item 7.                      Materials to be Filed as Exhibits.

N / A
 
 
 
 
 
CUSIP No. 616988101
 
 
13D
 
Page 5 of 5 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.

February 7, 2012

CITY OF LONDON INVESTMENT GROUP PLC


/ s /  Barry M. Olliff                        
Name: Barry M. Olliff
Title:   Director


CITY OF LONDON INVESTMENT
MANAGEMENT COMPANY LIMITED


/ s /  Barry M. Olliff                           
Name: Barry M. Olliff
Title:   Director
 
 
 
 
 
 
 
 
 
 
 
 
 
E mail:  USCorporateGovernance@citlon.com