-----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, D0nnkour1JjUFDFyre+LZqSikHX8A+yq0joh4UP9nKIQzb+ncBIfCd7TFKkD37Ym EOxEa8GCJDqqr805+fKkIA== 0000909518-06-001001.txt : 20061109 0000909518-06-001001.hdr.sgml : 20061109 20061109113700 ACCESSION NUMBER: 0000909518-06-001001 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20061109 DATE AS OF CHANGE: 20061109 GROUP MEMBERS: OLIMPIA S.P.A. 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: 061200229 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 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 SC 13D/A 1 mm11-0806_13da46.txt AMEND NO.46 ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (Rule 13d-101) (Amendment No. 46) ------------------------------ 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) NOVEMBER 6, 2006 (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 6 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 GROUP: (a) [X] (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 8 SHARED VOTING POWER: 2,407,345,359 BENEFICIALLY (See Item 5) OWNED BY ----------- ----------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 182,113,185 REPORTING PERSON WITH ----------- ----------------------------------------------------- 10 SHARED DISPOSITIVE POWER: 2,407,345,359 (See Item 5) - ----------- ------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 2,589,458,544 REPORTING PERSON: - ----------- ------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_] - ----------- ------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 19.35% - ----------- ------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ----------- ------------------------------------------------------------------- - -------------------------------------- -------------------------------------- CUSIP No. 87927W10 13D Page 3 of 6 - -------------------------------------- -------------------------------------- - ----------- ------------------------------------------------------------------- 1 NAME OF REPORTING PERSON OLIMPIA S.p.A. I.R.S. IDENTIFICATION NO. Not Applicable OF ABOVE PERSON - ----------- ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [X] (b) [_] - ----------- ------------------------------------------------------------------- 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): [_] - ----------- ------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Italy - ----------- ------------------------------------------------------------------- 7 SOLE VOTING POWER: 0 NUMBER OF ----------- ----------------------------------------------------- SHARES 8 SHARED VOTING POWER: 2,407,345,359 BENEFICIALLY (See Item 5) OWNED BY ----------- ----------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING PERSON WITH ----------- ----------------------------------------------------- 10 SHARED DISPOSITIVE POWER: 2,407,345,359 (See Item 5) - ----------- ------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 2,407,345,359 REPORTING PERSON: - ----------- ------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_] - ----------- ------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 17.99% (See Item 5) - ----------- ------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO - ----------- ------------------------------------------------------------------- This Amendment No. 46 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), and, commencing with Amendment No. 1 thereto, Olimpia S.p.A., a company incorporated under the laws of the Republic of Italy, with respect to the ordinary shares, euro 0.55 par value per share, 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. Pirelli & C., Olimpia, Edizione Holding and Edizione Finance are members of a group with respect to the Telecom Italia Shares. (By virtue of the 2006 Shareholders Agreement described in Amendment No. 45 to the Statement on Schedule 13D, Assicurazioni Generali S.p.A. and Mediobanca S.p.A. may also be deemed to be members of that group.) This Amendment constitutes a separate filing on Schedule 13D by Pirelli & C. and Olimpia in accordance with Rule 13d-1(k)(2) under the Securities Exchange Act of 1934. Pirelli & C. and Olimpia are responsible solely for the information contained in their separate filing, except that information contained in the Statement on Schedule 13D concerning any director or officer of Olimpia nominated by Edizione Holding or Edizione Finance has been provided by the nominating person or by such nominee director or officer. ITEM 2. IDENTITY AND BACKGROUND On November 6, 2006, Mr. Carlo Buora resigned from all positions held by him with Pirelli & C. and Olimpia, including the positions of director, managing director and general manager of Pirelli & C. and director of Olimpia. A press release issued by Pirelli & C. in connection with Mr. Buora's resignation is filed as Exhibit 105. Also on November 6, 2006, Olimpia issued a press release which reported that the board of directors had resolved to call a shareholders meeting of Olimpia in order to consider (a) re-electing the existing members of the board of directors of Olimpia and (b) amending the by-laws of Olimpia by (i) reducing the size of the board of directors from ten to six and (ii) reducing to 81 percent the proportion of the total number of Olimpia shares required to be (A) represented at an extraordinary shareholders meeting in order to constitute a quorum and (B) affirmatively voted in order to approve any resolution at an extraordinary shareholders meeting. A copy of the press release is filed as Exhibit 106. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS 105. Press Release, dated as of November 6, 2006, issued by Pirelli & C. 106. Press Release, dated as of November 6, 2006, issued by Olimpia. Page 4 of 6 Pages EXHIBIT INDEX Exhibit No. - ----------- 105. Press Release, dated as of November 6, 2006, issued by Pirelli & C. 106. Press Release, dated as of November 6, 2006, issued by Olimpia. Page 5 of 6 Pages SIGNATURES 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: November 9, 2006 PIRELLI & C. S.p.A. By: /s/ Anna Chiara Svelto -------------------------------- Name: Anna Chiara Svelto Title: Attorney-in-fact OLIMPIA S.p.A. By: /s/ Luciano Gobbi -------------------------------- Name: Luciano Gobbi Title: Director and Attorney-in-fact Page 6 of 6 Pages EX-99 2 mm11-0806_13da46e105.txt EX.105 - PRESS RELEASE EXHIBIT 105 [PIRELLI LOGO] PRESS RELEASE PIRELLI: CARLO BUORA LEAVES ALL HIS ROLES IN THE GROUP Milan, 6 November 2006 - Pirelli & C. SpA announces that Mr. Carlo Buora has submitted his resignation from all his roles in the Group, in particular, as the Company's Managing Director and General Manager. This decision is due to Mr. Carlo Buora's wish to concentrate on his commitment in Telecom Italia, where he has served in the role of Executive Vice Chairman from 15 September with the responsibilities formerly attributed to Mr. Marco Tronchetti Provera, at an important time for that Group's business. Pirelli & C. wishes to profoundly thank Mr. Carlo Buora for his precious and fundamental work over many years and underline how, though also holding an important appointment in Telecom Italia for a long period, he has always contributed in a decisive manner to the development of the Pirelli Group and to its growth in the interests of all the shareholders. *** Pirelli Press Office: +39 02 85354270 - pressoffice@pirelli.com Pirelli Investor Relations: +39 02 64422949 - ir@pirelli.com www.pirelli.com EX-99 3 mm11-0806_13da46e106.txt EX.106 - PRESS RELEASE EXHIBIT 106 PRESS RELEASE: OLIMPIA SPA OLIMPIA: SHAREHOLDERS' MEETING FOR AMENDMENTS TO BY-LAWS AND RENEWAL OF BOARD OF DIRECTORS Milan, November 6, 2006 - The Board of Directors of Olimpia SpA, which met today, gave a mandate to the Chairman and to the Vice Chairman to call a shareholders' meeting with the following amendments to the by-laws on the agenda: o reduction of the number of members of the Board of Directors from ten to six and consequently, in coherence with the current text of the by-laws, introduction of a clause that limits the maximum number of members of the Board that may be drawn from each list to half of the total number of directors (three). o reduction of the quorum required for constitution of an extraordinary shareholders' meeting, and for all relating resolutions, to 81%. The same shareholders' meeting will also be called to renew the entire Board of Directors. In fact, taking note of the immediate resignation from the position of Director presented by Mr Carlo Buora, the remaining directors in office, in order to give immediate application to the new amendments to the by-laws, have also presented their resignation effective from the date of the above-mentioned shareholders' meeting. -----END PRIVACY-ENHANCED MESSAGE-----