CUSIP No. 81941U105
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1. Names of Reporting Persons.
Premium Lead Company Limited
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2. Check the Appropriate Box if a Member of a Group (See Instructions).
(a) x
(b) o
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3. SEC Use Only
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4. Source of Funds (See Instructions)
PF, OO
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5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
o
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6. Citizenship or Place of Organization
British Virgin Islands
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
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7. Sole Voting Power 0
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8. Shared Voting Power 380,127,724 Class B ordinary shares(1)(2)
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9. Sole Dispositive Power 0
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10. Shared Dispositive Power 380,127,724 Class B ordinary shares(1) (2)
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11. Aggregate Amount Beneficially Owned by Each Reporting Person
380,127,724 Class B ordinary shares(1) (2)
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12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
o
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13. Percent of Class Represented by Amount in Row (11)
100.0% (3)(4)
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14. Type of Reporting Person (See Instructions)
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CO
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(1)
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representing 380,127,724 Class B ordinary shares held by Shanda SDG Investment Limited, a British Virgin Islands corporation and a direct wholly owned subsidiary of Shanda Interactive Entertainment Limited, which is in turn wholly owned by Premium Lead Company Limited.
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(2)
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30,326,005 Class B ordinary shares owned by Shanda SDG Investment Limited will be converted into Class A ordinary shares on a one to one basis and sold to Perfect World Co., Ltd. pursuant to a share purchase agreement dated April 18, 2014. For a brief description of the share purchase agreement, please refer to Item 4.
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(3)
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percentage calculated based on total Class B ordinary shares outstanding as of March 31, 2014. As of March 31, 2014, 156,748,668 Class A ordinary shares (including Class A ordinary shares represented by American Depositary Shares “ADSs”) and 380,127,724 Class B ordinary shares were outstanding.
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(4)
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each Class A ordinary share is entitled to one vote per share and is not convertible into Class B ordinary share. Each Class B ordinary share is entitled to 10 votes per share and is convertible at any time into one Class A ordinary share at the election of its holder. The 380,127,724 Class B ordinary shares held by Shanda SDG Investment Limited of record represent approximately 70.8% of the total outstanding shares (including Class A ordinary shares (including Class A ordinary shares represented by ADSs) and Class B ordinary shares) and 96.0% of the total voting rights as of March 31, 2014.
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CUSIP No. 81941U105
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1. Names of Reporting Persons.
Shanda Interactive Entertainment Limited
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2. Check the Appropriate Box if a Member of a Group (See Instructions).
(a) x
(b) o
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3. SEC Use Only
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4. Source of Funds (See Instructions)
PF, OO
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5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
o
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6. Citizenship or Place of Organization
Cayman Islands
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
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7. Sole Voting Power 0
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8. Shared Voting Power 380,127,724 Class B ordinary shares (1)(2)
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9. Sole Dispositive Power 0
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10. Shared Dispositive Power 380,127,724 Class B ordinary shares (1) (2)
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11. Aggregate Amount Beneficially Owned by Each Reporting Person
380,127,724 Class B ordinary shares (1) (2)
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12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
o
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13. Percent of Class Represented by Amount in Row (11)
100.0% (3)(4)
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14. Type of Reporting Person (See Instructions)
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CO
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(1)
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representing 380,127,724 Class B ordinary shares held by Shanda SDG Investment Limited, a British Virgin Islands corporation and a direct wholly owned subsidiary of Shanda Interactive Entertainment Limited, a Cayman Islands corporation.
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(2)
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30,326,005 Class B ordinary shares owned by Shanda SDG Investment Limited will be converted into Class A ordinary shares on a one to one basis and sold to Perfect World Co., Ltd. pursuant to a share purchase agreement dated April 18, 2014. For a brief description of the share purchase agreement, please refer to Item 4.
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(3)
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percentage calculated based on total Class B ordinary shares outstanding as of March 31, 2014. As of March 31, 2014, 156,748,668 Class A ordinary shares (including Class A ordinary shares represented by ADSs) and 380,127,724 Class B ordinary shares were outstanding.
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(4)
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each Class A ordinary share is entitled to one vote per share and is not convertible into Class B ordinary share. Each Class B ordinary share is entitled to 10 votes per share and is convertible at any time into one Class A ordinary share at the election of its holder. The 380,127,724 Class B ordinary shares held by Shanda SDG Investment Limited of record represent approximately 70.8% of the total outstanding shares (including Class A ordinary shares (including Class A ordinary shares represented by ADSs) and Class B ordinary shares) and 96.0% of the total voting rights as of March 31, 2014.
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CUSIP No. 81941U105
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1. Names of Reporting Persons.
Shanda SDG Investment Limited
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2. Check the Appropriate Box if a Member of a Group (See Instructions).
(a) x
(b) o
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3. SEC Use Only
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4. Source of Funds (See Instructions)
PF, OO
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5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
o
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6. Citizenship or Place of Organization
British Virgin Islands
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With
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7. Sole Voting Power 0
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8. Shared Voting Power 380,127,724 Class B ordinary shares(1)(2)
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9. Sole Dispositive Power 0
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10. Shared Dispositive Power 380,127,724 Class B ordinary shares(1)(2)
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11. Aggregate Amount Beneficially Owned by Each Reporting Person
380,127,724 Class B ordinary shares(1)(2)
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12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
o
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13. Percent of Class Represented by Amount in Row (11)
100.0% (3)(4)
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14. Type of Reporting Person (See Instructions)
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CO
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(1)
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representing 380,127,724 Class B ordinary shares held by Shanda SDG Investment Limited, a British Virgin Islands corporation.
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(2)
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30,326,005 Class B ordinary shares owned by Shanda SDG Investment Limited will be converted into Class A ordinary shares on a one to one basis and sold to Perfect World Co., Ltd. pursuant to a share purchase agreement dated April 18, 2014. For a brief description of the share purchase agreement, please refer to Item 4.
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(3)
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percentage calculated based on total Class B ordinary shares outstanding as of March 31, 2014. As of March 31, 2014, 156,748,668 Class A ordinary shares (including Class A ordinary shares represented by ADSs) and 380,127,724 Class B ordinary shares were outstanding.
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(4)
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each Class A ordinary share is entitled to one vote per share and is not convertible into Class B ordinary share. Each Class B ordinary share is entitled to 10 votes per share and is convertible at any time into one Class A ordinary share at the election of its holder. The 380,127,724 Class B ordinary shares held by Shanda SDG Investment Limited of record represent approximately 70.8% of the total outstanding shares (including Class A ordinary shares (including Class A ordinary shares represented by ADSs) and Class B ordinary shares) and 96.0% of the total voting rights as of March 31, 2014.
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Exhibit 7.01:
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Joint Filing Agreement dated January 30, 2014 (incorporated by reference to Exhibit 7.01 of the Schedule 13D filed by the Reporting Persons on January 30, 2014)
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Exhibit 7.02:
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Proposal dated January 27, 2014 (incorporated by reference to Exhibit 7.02 of the Schedule 13D filed by the Reporting Persons on January 30, 2014)
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Exhibit 7.03:
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Consortium Agreement dated January 27, 2014 (incorporated by reference to Exhibit 7.03 of the Schedule 13D filed by the Reporting Persons on January 30, 2014)
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Exhibit 7.04:
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PV Share Purchase Agreement dated January 27, 2014 (incorporated by reference to Exhibit 7.04 of the Schedule 13D filed by the Reporting Persons on January 30, 2014)
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Exhibit 7.05:
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PW Share Purchase Agreement dated April 18, 2014 (incorporated by reference to Exhibit 7.05 of the Schedule 13D/A filed by the Reporting Persons on April 21, 2014)
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Exhibit 7.06:
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PW Adherence Agreement dated April 18, 2014 (incorporated by reference to Exhibit 7.06 of the Schedule 13D/A filed by the Reporting Persons on April 21, 2014)
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Exhibit 7.07:
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FV Adherence Agreement dated April 25, 2014
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Premium Lead Company Limited | |||
By: |
/s/Tianqiao Chen
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Name: |
Tianqiao Chen
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Title: |
Director
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Shanda Interactive Entertainment Limited | |||
By: |
/s/Tianqiao Chen
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Name: |
Tianqiao Chen
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Title: |
Director
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Shanda SDG Investment Limited | |||
By: |
/s/Tianqiao Chen
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Name: |
Tianqiao Chen
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Title: |
Director
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(A)
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On January 27, 2014, the parties listed at Annex A (the “Existing Parties”) entered into a consortium agreement (the “Consortium Agreement”) and proposed to undertake an acquisition transaction (the “Transaction”) with respect to Shanda Games Limited (the “Target”), a company incorporated under the laws of the Cayman Islands and listed on the Nasdaq Stock Market (“NASDAQ”), pursuant to which the Target would be delisted from NASDAQ and deregistered under the United States Securities Exchange Act of 1934, as amended.
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(B)
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Additional sponsors may be admitted to the Consortium pursuant to Section 1.2(f) of the Consortium Agreement.
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(C)
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On April 18, 2014, Perfect World Co., Ltd., a company limited by shares incorporated and existing under the laws of the Cayman Islands (“Perfect World”), entered into an adherence agreement with the Existing Parties, pursuant to which Perfect World became a party to the Consortium Agreement.
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(D)
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The New Sponsor now wishes to participate in the Transaction contemplated under the Consortium Agreement, to sign this Agreement, and to be bound by the terms of the Consortium Agreement as a Sponsor and a Party thereto.
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1.
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DEFINED TERMS AND CONSTRUCTION
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1.1
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Capitalized terms used but not defined herein shall have the meaning set forth in the Consortium Agreement.
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1.2
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This Agreement shall be incorporated into the Consortium Agreement as if expressly incorporated into the Consortium Agreement.
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2.
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UNDERTAKINGS
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2.1
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Assumption of obligations
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3.
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REPRESENTATIONS AND WARRANTIES
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3.1
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The New Sponsor represents and warrants to each of the other Parties as follows:
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3.1.1
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Status
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3.1.2
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Due Authorization
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3.1.3
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Legal, Valid and Binding Obligation
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3.1.4
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Reliance
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4.
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NOTICE
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5.
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GOVERNING LAW
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6.
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DISPUTE RESOLUTION
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6.1
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Any disputes, actions and proceedings against any Party or arising out of or in any way relating to this Agreement shall be submitted to the Hong Kong International Arbitration Centre (“HKIAC”) and resolved in accordance with the Arbitration Rules of HKIAC in force at the relevant time and as may
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6.2
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Notwithstanding the foregoing, the Parties hereby consent to and agree that in addition to any recourse to arbitration as set out in this Section 6, any Party may, to the extent permitted under the laws of the jurisdiction where application is made, seek an interim injunction from a court or other authority with competent jurisdiction and, notwithstanding that this Agreement is governed by the laws of the State of New York, a court or authority hearing an application for injunctive relief may apply the procedural law of the jurisdiction where the court or other authority is located in determining whether to grant the interim injunction. For the avoidance of doubt, this Section 6.2 is only applicable to the seeking of interim injunctions and does not restrict the application of Section 6.1 in any way.
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7.
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SPECIFIC PERFORMANCE
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FV Investment Holdings
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By:
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/s/ Frank Kui Tang
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Name:
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Frank Kui Tang
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Position:
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Director
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Notice details
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Address: 190 Elgin Avenue, George Town,
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Grand Cayman KY1-9005
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Facsimile: +1 345 945 4757
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With a copy to:
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FountainVest Partners (Asia) Limited
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Address: Suite 705-8, ICBC Tower, 3
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Garden Road, Central, Hong Kong
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Email: georgechuang@fountainvest.com / timxia@fountainvest.com /
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brianlee@fountainvest.com
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Facsimile: +852 3107 2490
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By:
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/s/ Tianqiao Chen
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Name:
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Tianqiao Chen
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Title:
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Director
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By:
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PRIMAVERA CAPITAL (CAYMAN) GP1 L.P., its General Partner
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By:
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PRIMAVERA (CAYMAN) GP1 LTD, its General Partner
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By:
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/s/ Lawrence Wang
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Name:
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Lawrence Wang
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Title:
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Authorized Signatory
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By:
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/s/ Xiao Hong
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Name:
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Xiao Hong
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Position:
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CEO
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Address:
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Perfect World Plaza, Building 306, 86 Beiyuan Road,
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1.
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Shanda Interactive Entertainment Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands
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2.
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Primavera Capital (Cayman) Fund I L.P., a limited partnership organized under the laws of the Cayman Islands
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