-----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, HUb/+B9X0q++6/nzS+fJGXF21uwI4yrjwoItuqqUi0Ce4G4aSKyBdAudPIADi/Mp GTx6nYDRk9/bYX5T8z0Zow== 0000893838-03-000139.txt : 20030613 0000893838-03-000139.hdr.sgml : 20030613 20030613164858 ACCESSION NUMBER: 0000893838-03-000139 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030613 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CEMENT MERCHANTS SA CENTRAL INDEX KEY: 0001221952 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: P O BOX 777 STEINORT 175 STREET 2: TRIESENBERG CITY: PRINCIPALITY OF LIECHTENSTEIN STATE: N2 ZIP: FL 9497 BUSINESS PHONE: 4232623332 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KERZNER INTERNATIONAL LTD CENTRAL INDEX KEY: 0000914444 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 980136554 STATE OF INCORPORATION: C5 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-46844 FILM NUMBER: 03744097 BUSINESS ADDRESS: STREET 1: ATLANTIS, CORAL TOWERS STREET 2: EXECUTIVE OFFICES CITY: PARADISE ISLAND, BAH STATE: C5 ZIP: NONE BUSINESS PHONE: 242-363-6000 MAIL ADDRESS: STREET 1: ATLANTIS, CORAL TOWERS STREET 2: EXECUTIVE OFFICES CITY: PARADISE ISLAND, BAH STATE: C5 ZIP: NONE FORMER COMPANY: FORMER CONFORMED NAME: SUN INTERNATIONAL HOTELS LTD DATE OF NAME CHANGE: 19931104 SC 13D/A 1 kerzner13dam1061303.txt AMEND #1 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 -------------------------- SCHEDULE 13D (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) (Amendment No. ______1_______)1 Kerzner International Limited (formerly known as Sun International Hotels Limited) - -------------------------------------------------------------------------------- (Name of Issuer) Ordinary shares, $0.001 par value per share - -------------------------------------------------------------------------------- (Title of Class of Securities) P8797T133 - -------------------------------------------------------------------------------- (CUSIP Number) - -------------------------------------------------------------------------------- Jerome C. Katz, Esq. Chadbourne & Parke LLP 30 Rockefeller Plaza New York, NY 10112 (212) 408-5100 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 8, 2003 - -------------------------------------------------------------------------------- (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 ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-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 ss. 240.13d-7 for other parties to whom copies are to be sent. 1 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 ("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). Page 1 of 7 - -------------------- CUSIP No. P8797T133 13D - -------------------- - --------- ---------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Familienstiftung Von Rantzau-Essberger - --------- ---------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP [ ] (a) [X] (b) - --------- ---------------------------------------------------------------------- 3 SEC USE ONLY - --------- ---------------------------------------------------------------------- 4 SOURCE OF FUNDS WC See Item 3. - --------- ---------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - --------- ---------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Liechtenstein - ------------------- ------- ---------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF SHARES 74,550 ------- ---------------------------------------------------- 8 SHARE VOTING POWER BENEFICIALLY 2,403,652* OWNED BY ------- ---------------------------------------------------- EACH 9 SOLE DISPOSITVIE POWER REPORTING 74,550 ------- --------------------------------- ------------------ PERSON 10 SHARED DISPOSITIVE POWER WITH 3,718,293** - ------------------- ------- --------------------------------- ------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,792,843*** - --------- ---------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES - --------- ---------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.3% - --------- ---------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - --------- ---------------------------------------------------------------------- * Consists of: (i) 1,924,714 Ordinary Shares held by Cement Merchants S.A.; and (ii) 478,938 Ordinary Shares with respect to which Cement Merchants S.A. holds a proxy. See Item 6. ** 1,924,714 of the Ordinary Shares are held by Cement Merchants S.A.; Familienstiftung Von Rantzau-Essberger is the sole shareholder of Cement Merchants S.A. 1,793,579 of the Ordinary Shares are held by Royale Resorts Holdings Limited or Royale Resorts International Limited, a 100% owned and controlled subsidiary of Royale Resorts Holdings Limited. Familienstiftung Von Rantzau-Essberger is an indirect 26.7% shareholder of Royale Resorts Holdings Limited and Royale Resorts Holdings Limited has agreed not to transfer such 1,793,579 Ordinary Shares without the consent of Cement Merchants S.A. Accordingly, Familienstiftung Von Rantzau-Essberger may be deemed to share dispositive power with respect to such 1,793,579 Ordinary Shares. *** Consists of: (i) 74,550 Ordinary Shares held directly by Familienstiftung Von Rantzau-Essberger; (ii) 1,924,714 Ordinary Shares held by Cement Merchants S.A. and acquired by it in distributions from Royale Resorts Holdings Limited and Sun International Inc.; and (iii) 1,793,579 Ordinary Shares held by Royale Resorts Holdings Limited or Royale Resorts International Limited over which Familienstiftung Von Rantzau-Essberger may be deemed to share dispositive power with Cement Merchants S.A. and Royale Resorts Holdings Limited. Page 2 of 7 - -------------------- CUSIP No. P8797T133 13D - -------------------- - --------- ---------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Cement Merchants S.A. - --------- ---------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP [ ] (a) [X] (b) - --------- ---------------------------------------------------------------------- 3 SEC USE ONLY - --------- ---------------------------------------------------------------------- 4 SOURCE OF FUNDS WC, OO See Item 3. - --------- ---------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - --------- ---------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Republic of Panama - ------------------- ------- ---------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------- ---------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY 2,403,652+ OWNED BY ------- ---------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING 0 ------- --------------------------------- ------------------ PERSON 10 SHARED DISPOSITIVE POWER WITH 3,718,293++ - ------------------- ------- --------------------------------- ------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,718,293 - --------- ---------------------------------------------------------------------- 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES - --------- ---------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.0% - --------- ---------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - --------- ---------------------------------------------------------------------- + Consists of: (i) 1,924,714 Ordinary Shares held by Cement Merchants S.A.; and (ii) 478,938 Ordinary Shares with respect to which Cement Merchants S.A. holds a proxy. See Item 6. ++ Consists of: (i) 1,924,714 Ordinary Shares held by Cement Merchants S.A. and acquired by it in distributions from Royale Resorts Holdings Limited and Sun International Inc.; and (ii) 1,793,579 Ordinary Shares over which Cement Merchants S.A. may be deemed to share dispositive power with Familienstiftung Von Rantzau-Essberger and Royale Resorts Holdings Limited. The 1,793,579 Ordinary Shares referred to in the preceding sentence are held by Royale Resorts Holdings Limited or Royale Resorts International Limited, a 100% owned and controlled subsidiary of Royale Resorts Holdings Limited. Cement Merchants S.A. is the effective 26.7% shareholder of Royale Resorts Holdings Limited and Royale Resorts Holdings Limited has agreed not to transfer such 1,793, 579 Ordinary Shares without the consent of Cement Merchants S.A. Accordingly, Familienstiftung Von Rantzau-Essberger may be deemed to share dispositive power with respect to such 1,793,579 Ordinary Shares. Page 3 of 7 - -------------------- CUSIP No. P8797T133 - -------------------- This Amendment No. 1 to Schedule 13D ("Amendment No. 1") amends the Schedule 13D filed on April 3, 2003 (the "Schedule 13D") by Familienstiftung Von Rantzau-Essberger, a Liechtenstein discretionary foundation (the "CMSA Trust"), and Cement Merchants S.A., a Panamanian corporation ("CMSA"), relating to the ordinary shares, $0.001 par value per share (the "Ordinary Shares"), of Kerzner International Limited (formerly known as Sun International Hotels Limited), a corporation organized under the laws of the Commonwealth of the Bahamas ("Kerzner"). Capitalized terms used and not defined herein have the meanings ascribed to them in the Schedule 13D. Except as specifically amended, supplemented or restated hereby, the Schedule 13D remains in full force and effect. 1. Items 3 and 4 of the Schedule 13D are hereby amended and supplemented by the following information: On May 31, 2003, RRHL distributed 109,293 Ordinary Shares as a dividend (having a value on such date of approximately US $3.2 million) to CMSA, one of its shareholders. The dividend had the effect of decreasing the number of: (i) Option Shares of CMSA from 588,231 Ordinary Shares to 478,938 Ordinary Shares; and (ii) CMSA Proxy Shares from 588,231 Ordinary Shares to 478,938 Ordinary Shares. See Item 6. 2. Item 5 of the Schedule 13D is amended and restated in its entirety to read as follows: Item 5. Interest in Securities of the Issuer.
Ordinary Shares Percent --------------- ------- (a) CMSA Trust 3,792,843* (13.3%) CMSA 3,718,293* (13.0%)
*As of December 31, 2002, Kerzner had 28,544,000 Ordinary Shares outstanding according to its annual report to shareholders, dated April 8, 2003.
(b) CMSA Trust Ordinary Shares Percent ---------- --------------- ------- Sole Voting Power 74,550 ( .26%) Shared Voting Power 2,403,652 ( 8.4%) Sole Dispositive Power 74,550 ( .26%) Share Dispositive Power 3,792,843 (13.3%)
The CMSA Trust may be deemed to share (a) voting power with CMSA with respect to the 2,403,652 Ordinary Shares, consisting of 1,924,714 Ordinary Shares held by CMSA and 478,938 Ordinary Shares with respect to which CMSA holds a proxy and (b) dispositive power with (i) CMSA with Page 4 of 7 respect to the 1,924,714 Ordinary Shares held by CMSA and (ii) CMSA and RRHL with respect to the 1,793,579 Ordinary Shares held by RRHL and RRIL.
CMSA Ordinary Shares Percent ---- --------------- ------- Sole Voting Power 0 ( 0%) Shared Voting Power 2,403,652 ( 8.4%) Sole Dispositive Power 0 ( 0%) Share Dispositive Power 3,718,293 (13.0%)
CMSA may be deemed to share (a) voting power with the CMSA Trust with respect to 2,403,652 Ordinary Shares, consisting of 1,924,714 Ordinary Shares held by CMSA and 478,938 Ordinary Shares with respect to which CMSA holds a proxy and (b) dispositive power with (i) the CMSA Trust with respect to the 1,924,714 Ordinary Shares held by CMSA and (ii) the CMSA Trust and RRHL with respect to the 1,793,579 Ordinary Shares held by RRHL and RRIL. (c) On May 31, 2003, RRHL distributed 109,293 Ordinary Shares as a dividend (having a value on such date of approximately US $3.2 million) to CMSA, one of its shareholders. On the dated indicated below, RRIL, a wholly-owned subsidiary of RRHL, sold on the New York Stock Exchange in open market transactions the number of Ordinary Shares for the per share consideration specified below:
Date Number of Shares Price per share/US $ ---- ---------------- -------------------- 8-May-2003 2,200 25.2314 9-May-2003 27,700 25.0820 12-May-2003 3,300 25.0185 14-May-2003 19,400 24.7850 15-May-2003 32,100 24.7569 16-May-2003 11,300 24.7041 19-May-2003 26,000 24.5661 20-May-2003 97,700 24.8197 21-May-2003 80,300 25.0191
(d) Except as described in the Schedule 13D, as amended, restated and supplemented hereby, 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, the securities held by the Reporting Persons. (e) Not applicable. 3. Item 6 of the Schedule 13D is hereby amended and supplemented by the following information: Page 5 of 7 As a result of the dividend of 109,293 Ordinary Shares distributed by RRHL to CMSA on May 31, 2003, the number of Option Shares with respect to which CMSA has the option to purchase decreased from 588,231 Ordinary Shares to 478,938 Ordinary Shares. The option with respect to these shares expires on July 2, 2006; RRHL holds the Option Shares. The Proxy with respect to the 109,293 Ordinary Shares distributed as a dividend by RRHL to CMSA terminated upon the distribution to CMSA, thereby reducing the number of CMSA Proxy Shares from 588,231 Ordinary Shares to 478,938 Ordinary Shares. Page 6 of 7 Signatures After reasonable inquiry and to the best knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Date: June 13, 2003 FAMILIENSTIFTUNG VON RANTZAU-ESSBERGER By: /s/ Dr. Hans Eggenberger ------------------------------------------- Name: Dr. Hans Eggenberger Title: Board Member CEMENT MERCHANTS S.A. By: /s/ Dr. Hans Eggenberger ------------------------------------------- Name: Dr. Hans Eggenberger Title: Director Page 7 of 7 -----END PRIVACY-ENHANCED MESSAGE-----