-----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, GrWS3abGyRZvpeniumIY849r208Pp53hB5mi+lfOGCl/oA77zE8ir8vNlaXhgoSK xASSvO2R0uLVKK6OSh0D5Q== 0000909518-07-000897.txt : 20071029 0000909518-07-000897.hdr.sgml : 20071029 20071029163505 ACCESSION NUMBER: 0000909518-07-000897 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20071029 DATE AS OF CHANGE: 20071029 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PIRELLI S P A CENTRAL INDEX KEY: 0001156964 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: VIALE SARCA 222 20126 CITY: MILAR ITALY STATE: L6 ZIP: 00000 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TELECOM ITALIA S P A CENTRAL INDEX KEY: 0000948642 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 000000000 STATE OF INCORPORATION: L6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-61827 FILM NUMBER: 071196806 BUSINESS ADDRESS: STREET 1: PIAZZA DEGLI AFFARI 2 CITY: 20123 MILAN STATE: L6 ZIP: L6 BUSINESS PHONE: 011-39-02-8595-1 MAIL ADDRESS: STREET 1: PIAZZA DEGLI AFFARI 2 CITY: 20123 MILAN STATE: L6 ZIP: L6 FORMER COMPANY: FORMER CONFORMED NAME: STET SOCIETA FINANZIARIA TELEFONICA PA DATE OF NAME CHANGE: 19950727 SC 13D/A 1 mm10-2907_13da57.txt ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (Rule 13d-101) (Amendment No. 57) ------------------------------ TELECOM ITALIA S.P.A. (Name of Issuer) ORDINARY SHARES OF EURO 0.55 PAR VALUE EACH 87927W10 (Title of class of securities) (CUSIP number) ALEXANDER ROSENZWEIG, ESQ. VICE PRESIDENT AND CHIEF LEGAL OFFICER PIRELLI NORTH AMERICA, INC. 75 FIFTH STREET, SUITE 320-321 ATLANTA, GEORGIA 30308 (404) 920-0744 WITH A COPY TO: ELLEN J. ODONER, ESQ. WEIL, GOTSHAL & MANGES LLP 767 FIFTH AVENUE NEW YORK, NEW YORK 10153 (212) 310-8000 (Name, address and telephone number of person authorized to receive notices and communications) OCTOBER 25, 2007 (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 Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7 for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 5 Pages) - ------------------------------------ ---------------------------------- CUSIP No. 87927W10 13D Page 2 of 6 - ------------------------------------ ---------------------------------- - --------------- ------------------------------------------------------------- 1 NAME OF REPORTING PERSON PIRELLI & C. S.p.A. I.R.S. IDENTIFICATION NO. Not Applicable OF ABOVE PERSON - --------------- ------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A (a) [_] GROUP: (b) [_] - --------------- ------------------------------------------------------------- 3 SEC USE ONLY - --------------- ------------------------------------------------------------- 4 SOURCE OF FUNDS: BK, 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: Italy - --------------- ------------------------------------------------------------- 7 SOLE VOTING POWER: 182,113,185 NUMBER OF SHARES ----------- ------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER: 0 OWNED BY EACH ----------- ------------------------------------------------ REPORTING 9 SOLE DISPOSITIVE POWER: 182,113,185 PERSON WITH ----------- ------------------------------------------------ 10 SHARED DISPOSITIVE 0 POWER: - --------------- ------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED 182,113,185 BY REPORTING PERSON: - --------------- ------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: - --------------- ------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 1.36% (11): - --------------- ------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - --------------- ------------------------------------------------------------- This Amendment No. 57 amends the Statement on Schedule 13D, dated August 9, 2001, as amended (as previously amended, the "Statement on Schedule 13D"), filed by Pirelli S.p.A. (which, as reported in Amendment No. 21 to the Statement on Schedule 13D, subsequently merged with and into Pirelli & C. S.p.A., a company incorporated under the laws of the Republic of Italy) ("Pirelli"), with respect to the ordinary shares, euro 0.55 par value per share (the "Telecom Italia Shares"), of Telecom Italia S.p.A., a company incorporated under the laws of the Republic of Italy. Capitalized terms used in this Amendment without definition have the meanings ascribed to them in the Statement on Schedule 13D. The purpose of this filing is to report that: (a) Pirelli, Olimpia S.p.A. ("Olimpia"), Sintonia S.p.A. and Sintonia S.A. are no longer members of a group with respect to the Telecom Italia Shares; and (b) Pirelli has ceased to be the beneficial owner, either directly or indirectly, of more than five percent of Telecom Italia Shares. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER Reference is made to the Stock Sale Purchase Agreement, dated May 4, 2007 (the "Share Purchase Agreement"), entered into by and among Pirelli, Sintonia S.p.A., Sintonia S.A. (collectively, the "Sintonia Sellers") (together, as sellers), Telefonica S.A., Assicurazioni Generali S.p.A. ("Generali"), Sintonia S.A. (in its capacity as buyer), Intesa Sanpaolo S.p.A. and Mediobanca S.p.A. ("Mediobanca") (together, as buyers) for the sale of 100% of the share capital of Olimpia (the "Olimpia Shares"), described in items 5 and 6 of Amendment No. 55 to the Statement on Schedule 13D. On October 25, 2007, Pirelli and the Sintonia Sellers completed the sale of all of the Olimpia Shares, pursuant to the Share Purchase Agreement. The total consideration received for the Olimpia Shares was approximately 4.161 billion euros. As a result of the sale of the Olimpia Shares described above, as of October 25, 2007, Pirelli, Olimpia, Sintonia S.p.A. and Sintonia S.A. are no longer members of a group with respect to the Telecom Italia Shares and Pirelli ceased to be the beneficial owner, either directly or indirectly, of more than 5% of Telecom Italia Shares, and, as a result thereof, the reporting obligations of Pirelli pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder, with respect to the Telecom Italia Shares, have terminated. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. The information contained in Item 5 above is incorporated herein by reference. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS 117. Press Release, dated as of October 25, 2007, issued by Pirelli & C. S.p.A., Sintonia S.p.A. and Sintonia S.A. Page 3 of 5 Pages SIGNATURE After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certify that the information set forth in this statement is true, complete and correct. Date: October 29, 2007 PIRELLI & C. S.p.A. By: /s/ Anna Chiara Svelto ----------------------------- Name: Anna Chiara Svelto Title: Attorney-in-fact Page 4 of 5 Pages EXHIBIT INDEX ------------- Exhibit No. ----------- 117. Press Release, dated as of October 25, 2007, issued by Pirelli & C. S.p.A., Sintonia S.p.A. and Sintonia S.A. Page 5 of 5 Pages EX-99 2 mm10-2907_13da57e117.txt EXHIBIT 117 PIRELLI / SINTONIA PRESS RELEASE -------------------------------- PIRELLI AND SINTONIA: SALE OF OLIMPIA FOR 4.16 BILLION EUROS COMPLETED Milan, 25 October 2007 - Pirelli & C. SpA, Sintonia SpA and Sintonia SA communicate that they have completed the agreement, signed last 4 May, relating to the sale of 100% of Olimpia SpA to Telco SpA, a company held by Assicurazioni Generali SpA, Intesa Sanpaolo SpA, Mediobanca SpA, Sintonia SA and Telefonica SA. The definitive price of the sale is 4,161 million euros. The transaction determines a positive impact on the net financial position of Pirelli of 3,329 million euros. -----END PRIVACY-ENHANCED MESSAGE-----