-----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, FM8HmvVknFClFBWMrn1emm087i2xBG2DvV9guXXPfOF0TX1yXQpp728NwstbooJI UsrIaP5c8tTkw1TGQIsRBQ== 0000921530-02-000350.txt : 20020610 0000921530-02-000350.hdr.sgml : 20020610 20020607130708 ACCESSION NUMBER: 0000921530-02-000350 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020607 GROUP MEMBERS: ELEMENTAL LIMITED GROUP MEMBERS: VLADIMIR A. GOUSSINSKY FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GOUSSINSKY VLADIMIR A CENTRAL INDEX KEY: 0001171762 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O ELEMENTAL LIMITED STREET 2: 57/63 WALL ROAD CITY: GIBBALTAR STATE: A6 ZIP: 00000 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CENTRAL EUROPEAN MEDIA ENTERPRISES LTD CENTRAL INDEX KEY: 0000925645 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-47222 FILM NUMBER: 02673313 BUSINESS ADDRESS: STREET 1: C/O ONE DEVELOPEMENT CORP STREET 2: 8TH FLOOR CITY: LONDON W1V 3FP ENGLA STATE: X0 BUSINESS PHONE: 4412961431 MAIL ADDRESS: STREET 1: CLARENDON HOUSE STREET 2: HAMILTON HM CX CITY: BERMUDA STATE: D0 SC 13D/A 1 cem_13da552202.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 5)* CENTRAL EUROPEAN MEDIA ENTERPRISES LTD. --------------------------------------- (Name of Issuer) Class A Common Stock, Par Value $.08 Per Share ---------------------------------------------- (Title of Class of Securities) G20045103 --------- (CUSIP Number) Patrick J. Dooley, Esq. Melissa J. Schwartz, Esq. Akin, Gump, Strauss, Hauer & Feld, L.L.P. 590 Madison Avenue New York, NY 10022 (212) 872-1000 --------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 22, 2002 ----------------------------------- (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. *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). Continued on following pages Page 1 of 6 Pages SCHEDULE 13D CUSIP No. G20045103 Page 2 of 6 Pages 1 Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) ELEMENTAL LIMITED 2 Check the Appropriate Box if a Member of a Group (See Instructions) a. [ ] b. [x] 3 SEC Use Only 4 Source of Funds (See Instructions) Not Applicable 5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] 6 Citizenship or Place of Organization Gibraltar Number of 7 Sole Voting Power Shares 378,102 Beneficially 8 Shared Voting Power Owned By 0 Each Reporting 9 Sole Dispositive Power Person 378,102 With 10 Shared Dispositive Power 0 11 Aggregate Amount Beneficially Owned by Each Reporting Person 378,102 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] 13 Percent of Class Represented By Amount in Row (11) 16.34% 14 Type of Reporting Person (See Instructions) CO SCHEDULE 13D CUSIP No. G20045103 Page 3 of 6 Pages 1 Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) VLADIMIR A. GOUSSINSKY 2 Check the Appropriate Box if a Member of a Group (See Instructions) a. [ ] b. [x] 3 SEC Use Only 4 Source of Funds (See Instructions) Not Applicable 5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] 6 Citizenship or Place of Organization Russia; Israel Number of 7 Sole Voting Power Shares 378,102 Beneficially 8 Shared Voting Power Owned By 0 Each Reporting 9 Sole Dispositive Power Person 378,102 With 10 Shared Dispositive Power 0 11 Aggregate Amount Beneficially Owned by Each Reporting Person 378,102 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] 13 Percent of Class Represented By Amount in Row (11) 16.34% 14 Type of Reporting Person (See Instructions) IN Page 4 of 6 Pages This Amendment No. 5 on Schedule 13D relates to shares of Class A Common Stock, $.08 par value per share (the "Shares"), of Central European Media Enterprises Ltd. (the "Issuer"). This Amendment No. 5 supplementally amends the initial statement on Schedule 13D, dated September 23, 1999, and all amendments thereto (collectively, the "Initial Statement"), filed by the Reporting Persons (as defined herein). This Amendment No. 5 is being filed by the Reporting Persons to report that, as a result of recent dispositions of Shares, the number of Shares of which the Reporting Persons may be deemed to be the beneficial owners has decreased by more than one percent of the total number of outstanding Shares of the Issuer. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Initial Statement. The Initial Statement is supplementally amended as follows. Item 2. Identity and Background. This Statement is being filed on behalf of each of the following persons (collectively, the "Reporting Persons"): (i) Elemental Limited ("EL") and (ii) Mr. Vladimir A. Goussinsky ("Mr. Goussinsky"). This Statement relates to Shares held for the account of EL. Item 5. Interest in Securities of the Issuer. (a) Each of EL and Mr. Goussinsky may be deemed to be the beneficial owner of the 378,102 Shares held for the account of EL (approximately 16.34% of the total number of Shares outstanding). (b) Each of EL and Mr. Goussinsky may be deemed to have sole power to direct the voting and disposition of the 378,102 Shares held for the account of EL. (c) Except for the transactions set forth in Annex A hereto, which were effected in the open market, there have been no transactions effected with respect to the Shares since April 22, 2002 (the date of the last filing on Schedule 13D) by any of the Reporting Persons. (d) The shareholder of EL has the right to receive and the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities held for the account of EL in accordance with its ownership interest in EL. (e) Not applicable. Page 5 of 6 Pages SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this Statement is true, complete and correct. Date: June 7, 2002 ELEMENTAL LIMITED By:/s/ David Shortt ----------------------------------- David Shortt Director Date: June 7, 2002 VLADIMIR A. GOUSSINSKY By: /s/ Vladimir A. Goussinsky ------------------------------------ Page 6 of 6 Pages
ANNEX A RECENT TRANSACTIONS IN THE SECURITIES OF CENTRAL EUROPEAN MEDIA HOLDINGS LTD. Date of Nature of Number of For the account of Transaction Transaction Securities Price - ------------------ ----------- ----------- ----------- ----- Elemental Limited 5/16/02 SALE 200 $16.00 5/17/02 SALE 10,000 $15.25 5/20/02 SALE 1,800 $15.50 5/22/02 SALE 28,000 $15.50 5/22/02 SALE 17,000 $14.00 5/22/02 SALE 10,000 $15.00 5/22/02 SALE 3,000 $15.50 5/23/02 SALE 2,500 $16.00 5/28/02 SALE 1,000 $16.00 5/28/02 SALE 500 $16.00 5/30/02 SALE 1,000 $16.00 5/31/02 SALE 1,000 $16.00 6/6/02 SALE 10,000 $15.50
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