-----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, KBp5bhRlr7e3d77/LGbEt7S4iIEabon3v9kqO1jQqHTYQjXjUdGU1EYwyPcELD3v l32aVtOuOVWP/7UfYKYX2w== 0000930413-07-002790.txt : 20070323 0000930413-07-002790.hdr.sgml : 20070323 20070323172255 ACCESSION NUMBER: 0000930413-07-002790 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20070323 DATE AS OF CHANGE: 20070323 GROUP MEMBERS: SINTONIA S.A. GROUP MEMBERS: SINTONIA 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: 07716065 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: Ragione S.a.p.a di Gilberto Benetton e C. CENTRAL INDEX KEY: 0001394289 IRS NUMBER: 000000000 STATE OF INCORPORATION: L6 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: CALMAGGIORE 23 - 31100 CITY: TREVISO STATE: L6 ZIP: 31100 BUSINESS PHONE: 39 0422 599616 MAIL ADDRESS: STREET 1: CALMAGGIORE 23 - 31100 CITY: TREVISO STATE: L6 ZIP: 31100 SC 13D/A 1 c47359_sc13da.txt ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D/A (Rule 13d-101) (Amendment No. 35) ------------------------------ 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) DOTT. GIANNI MION SINTONIA S.P.A. CORSO DI PORTA VITTORIA 16 20122 MILAN ITALY (+39) 02-549241 WITH A COPY TO: MICHAEL S. IMMORDINO, ESQ. LATHAM & WATKINS 99 BISHOPSGATE LONDON EC2M 3XF ENGLAND (+44) 207-710-1076 (Name, address and telephone number of person authorized to receive notices and communications) MARCH 2, 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) - ---------------------------------------------------------- ---------------------------------------------------- CUSIP No. 87927W10 13D - ---------------------------------------------------------- ---------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SINTONIA 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 - ---------------------- ------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 30,084,650 SHARES ------------------- ----------------------------------------- -------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 2,407,345,359 OWNED BY (See Item 5) ------------------- ----------------------------------------- -------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 30,084,650 REPORTING ------------------- ----------------------------------------- -------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 2,407,345,359 (See Item 5) - ---------------------- ------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 2,437,430,009 - ---------------------- ------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 18.22% (See Item 5) - ---------------------- ------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO
(Page 2) - ---------------------------------------------------------- ---------------------------------------------------- CUSIP No. 87927W10 13D - ---------------------------------------------------------- ---------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SINTONIA S.A. (FORMERLY KNOWN AS I.R.S. IDENTIFICATION NO. EDIZIONE FINANCE INTERNATIONAL S.A.) OF ABOVE PERSON Not Applicable - ---------------------- ------------------------------------------------------------------------------------------------- 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: Luxembourg - ---------------------- ------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ----------------------------------------- -------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 2,407,345,359 OWNED BY (See Item 5) ------------------- ----------------------------------------- -------------------------------- 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 REPORTING PERSON: 2,407,345,359 - ---------------------- ------------------------------------------------------------------------------------------------- 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
(Page 3) - ---------------------------------------------------------- ---------------------------------------------------- CUSIP No. 87927W10 13D - ---------------------------------------------------------- ---------------------------------------------------- - ---------------------- ------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON RAGIONE S.a.p.a. DI GILBERTO I.R.S. IDENTIFICATION NO. BENETTON E C. OF ABOVE PERSON Not Applicable - ---------------------- ------------------------------------------------------------------------------------------------- 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 - ---------------------- ------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 30,084,650 SHARES ------------------- ----------------------------------------- -------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 2,407,345,359 OWNED BY (See Item 5) ------------------- ----------------------------------------- -------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 30,084,650 REPORTING ------------------- ----------------------------------------- -------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 2,407,345,359 (See Item 5) - ---------------------- ------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 2,437,430,009 - ---------------------- ------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ---------------------- ------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 18.22% (See Item 5) - ---------------------- ------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN
(Page 4) This Amendment No. 35 amends the Statement on Schedule 13D dated August 9, 2001, as amended (as previously amended, the "STATEMENT ON SCHEDULE 13D") filed by Edizione Holding S.p.A., a company incorporated under the laws of the Republic of Italy ("EDIZIONE HOLDING"), Edizione Finance International S.A., a company incorporated in the Duchy of Luxembourg, and Ragione S.a.p.a. di Gilberto Benetton e C., a partnership organized under the laws of the Republic of Italy ("RAGIONE") 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. This Amendment is being filed by each of Sintonia S.p.A., Sintonia S.A. (formerly known as Edizione Finance International S.A.) and Ragione. By virtue of the demerger described below, Sintonia S.p.A. and Sintonia S.A. are members of a group with Pirelli and Olimpia with respect to the Telecom Italia Shares. Edizione Holding is no longer a member of such group. By virtue of the 2006 Shareholders Agreement, Assicurazioni Generali S.p.A. and Mediobanca S.p.A. may also be deemed to be members of such group. Sintonia S.p.A., Sintonia S.A. and Ragione are making a separate filing on Schedule 13D in accordance with Rule 13d-1(k)(2) under the Securities Exchange Act of 1934 and are solely responsible for the information contained in this filing, except that information contained in the Statement on Schedule 13D concerning any director or officer of the Purchaser nominated by Pirelli has been provided by the nominating person or by such nominee director or officer. ITEM 2. IDENTITY AND BACKGROUND This Statement is filed by Sintonia S.p.A., a company incorporated under the laws of the Republic of Italy, Sintonia S.A. (formerly known as Edizione Finance International S.A.) and Ragione. Effective March 2, 2007, Edizione Holding was partially demerged through the establishment of a new entity called Sintonia S.p.A. which now owns all direct and indirect interests in the utilities and infrastructure sector formerly held by Edizione Holding (the "DEMERGER"). Effective February 21, 2007, Edizione Finance International S.A. changed its legal name to Sintonia S.A. As a result of the Demerger, Sintonia S.p.A., owns approximately 100% of the share capital of Sintonia S.A., which owns directly approximately 10.62% of the equity of Olimpia S.p.A. Sintonia S.p.A. owns directly approximately 9.38% of the equity of Olimpia S.p.A. (and, together with its control of Sintonia S.A., 20% of Olimpia S.p.A.) and 0.23% of the share capital of Telecom Italia S.p.A. Sintonia S.p.A., through its subsidiaries and affiliates, is a holding company that manages both majority and minority investments in publicly traded and privately owned companies. Sintonia S.p.A. is principally engaged in the utilities and infrastructure sector. Approximately 99.24% of the share capital of Sintonia S.p.A. is beneficially owned by Ragione. The registered office of Sintonia S.p.A. is located at Corso di Porta Vittoria 16 Milan, Italy. The name, business address, citizenship, present principal occupation or employment (and name, principal business and address of any corporation or organization at which such (Page 5) employment is conducted) of each director and executive officer of Sintonia S.p.A. is set forth on Schedule I. During the past five years, neither Sintonia S.p.A. nor any of its directors or executive officers has been (i) convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activity subject to, federal or state securities laws or fining any violation with respect to such laws. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) According to publicly available information reported by Consob, as of March 7, 2007, 13,380,735,809 Telecom Italia Shares were outstanding. Sintonia S.p.A. may be deemed to beneficially own 2,437,430,009 Telecom Italia Shares, representing approximately 18.22% of the total number of Telecom Italia Shares reported to be outstanding as of March 7, 2007. (b) Sintonia S.p.A. may be deemed to have sole power to vote or to direct the vote, and sole power to dispose or to direct the disposition of 30,084,650 Telecom Italia Shares. In addition, subject to its obligations under the Shareholders Agreement (as defined in the Schedule 13D filed on August 9, 2001) and the 2006 Shareholders Agreement (as defined in Amendment No. 33 to the Schedule 13D on November 08, 2006), Sintonia S.p.A. may be deemed to have shared power to vote or to direct the vote, and shared power to dispose or to direct the disposition of 2,437,430,009 Telecom Italia Shares. (c)-(d) Not applicable. (e) As a result of the Demerger described in Item 2 above, effective March 2, 2007, Edizione Holding ceased to be the beneficial owner of more than 5% of Telecom Italia Shares. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER As a result of the Demerger described in Item 2 above, Sintonia S.p.A. replaced Edizione Holding and acceded to all of Edizione Holding's rights and obligations under the Shareholders Agreement and the 2006 Shareholders Agreement, including but not limited to its voting rights and the right to appoint members of Olimpia's and Telecom Italia's board of directors. A description of their accession to these agreements, along with others, is attached hereto as Exhibit 84. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS 84. Press Release, dated as of March 9, 2007, issued by Sintonia S.p.A. (Page 6) EXHIBIT INDEX Exhibit No. - ----------- 84. Press Release, dated as of March 9, 2007, issued by Sintonia S.p.A. (Page 7) SIGNATURE --------- After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: March 14, 2007 SINTONIA S.p.A. By: /s/ Gianni Mion ----------------------------------- Name: Gianni Mion Title: Chief Executive Officer (Page 8) SIGNATURE --------- After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: March 14, 2007 SINTONIA S.A. By: /s/ Gustave Stoffel ----------------------------------- Name: Gustave Stoffel Title: Director (Page 9) SIGNATURE --------- After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: March 14, 2007 RAGIONE S.a.p.a DI GILBERTO BENETTON E C. By: /s/ Gilberto Benetton ----------------------------------- Name: Gilberto Benetton Title: Chairman (Page 10) SCHEDULE I DIRECTORS AND EXECUTIVE OFFICERS OF SINTONIA S.P.A. ---------------------------------------------------
- ------------------------------- ---------------------------- ---------------------------- ---------------------------- NAME AND BUSINESS ADDRESS CITIZENSHIP POSITIONS WITH SINTONIA PRESENT PRINCIPAL S.P.A. OCCUPATION - ------------------------------- ---------------------------- ---------------------------- ---------------------------- Benetton Gilberto - Corso di Italian Chairman Executive Porta Vittoria 16 - 20122 Milano - ------------------------------- ---------------------------- ---------------------------- ---------------------------- De Simoi Sergio - Corso di Italian Director Consultant Porta Vittoria 16 - 20122 Milano - ------------------------------- ---------------------------- ---------------------------- ---------------------------- Mion Gianni - Corso di Porta Italian Director Executive Vittoria 16- 20122 Milano - ------------------------------- ---------------------------- ---------------------------- ---------------------------- Caso Angelo - Via Bigli 21 - Italian President of the Board of Business Consultant 20121 Milano Statutory Auditors - ------------------------------- ---------------------------- ---------------------------- ---------------------------- Laghi Aldo - Viale Cesare Italian Statutory Auditor Lawyer Battisti 1 - 31100 Treviso - ------------------------------- ---------------------------- ---------------------------- ---------------------------- Cunial Giovanni Pietro - Via Italian Statutory Auditor Business Consultant O. Brentari 1 - 36061 Bassano del Grappa (VI) - ------------------------------- ---------------------------- ---------------------------- ---------------------------- Borelli Alberto - Via Italian Deputy Statutory Auditor Business Consultant Monterumici 8 - 31100 Treviso - ------------------------------- ---------------------------- ---------------------------- ---------------------------- Ercolani Mauro - Corso di Italian Deputy Statutory Auditor Business Consultant Porta Vittoria 16 - 20122 Milano - ------------------------------- ---------------------------- ---------------------------- ----------------------------
(Page 11) EX-99 2 c47359_ex99.txt PUBLICATION PURSUANT TO ART. 122 DECREE LAW 24.2.1998, No. 58 AND APPLICABLE DISPOSITIONS OF CONSOB DECISION N. 11971 DATED 14.5.1999 (AND FOLLOWING AMENDMENTS) We hereby communicate that since March 2nd, 2007, following the effect of the partial proportional spin-off of the participations held, directly and indirectly by Edizione Holding S.p.A. (legal siege in Treviso, Calmaggiore 23, registered at the Business Register of Treviso under no. 00778430264) in the utilities and infrastructures sector pro Sintonia S.p.A. (legal siege in Milan, Corso di Porta Vittoria 16, registered at the Business Register of Milan under no. 05649570966), this last company replaces Edizione Holding in all the relationships and in all the obligation due to such participations, included the following shareholders agreements: - - AGREEMNET BETWEEN THE ROMITI FAMILY, CLESSIDRA S.G.R. S.P.A., CAPITALIA PARTECIPAZIONI S.P.A. ED EDIZIONE HOLDING S.P.A., signed on December 16, 2005, regulating some issues in the relationships between the shareholders of Investimenti Infrastrutture S.p.A., and the exercise by Investimenti Infrastrutture of its rights as shareholder of Gemina S.p.A. and as participant to the related Voting Trust; - - AGREEMENT BETWEEN PIRELLI & C., EDIZIONE FINANCE INTERNATIONAL S.A. AND EDIZIONE HOLDING S.P.A., signed on August 7, 2001 and afterwards modified on September 14, 2001 and on February 13, 2002, regarding the participation held in Olimpia S.p.A. and the exercise by the same of its rights as shareholder of Telecom Italia S.p.A.; - - AGREEMENT BETWEEN PIRELLI & C., EDIZIONE FINANCE INTERNATIONAL S.A., EDIZIONE HOLDING S.P.A., OLIMPIA S.P.A., ASSICURAZIONI GENERALI S.P.A. AND E MEDIOBANCA S.P.A., signed on October 18, 2006, to ensure continuity and stability of the proprietary structure of the Telecom Group.; - - AGREEMENT BETWEEN EDIZIONE FINANCE INTERNATIONAL S.A., ASSICURAZIONI GENERALI S.P.A., FONDAZIONE CASSA DI RISPARMIO DI TORINO, ACESA ITALIA S.R.L. AND UNICREDIT BANCA D'IMPRESA S.P.A., signed on January 28, 2005, regarding the participation held in Schemaventotto S.p.A. and in Autostrade S.p.A. and that Edizione Holding S.p.A. has signed as parent company of Edizione Finance Internazionale S.A. with the sole purpose to guarantee the precise fulfilment of the obligations provided for by such agreement. We also communicate that Edizione Finance International S.A. has changed the company's name into "Sintonia S.A." Such changes will be communicated to the related Business Registers by the legal terms. Milan, March 9, 2007 -----END PRIVACY-ENHANCED MESSAGE-----