-----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, D2XD5CumGHJZTNAT7aZshDP2get50BV+HhpmK70iFP9rQk8lgnxq/gC1nntFnn9/ 595HFZIJnqXI0TNwcA0PCw== 0000950123-10-058242.txt : 20100615 0000950123-10-058242.hdr.sgml : 20100615 20100615153416 ACCESSION NUMBER: 0000950123-10-058242 CONFORMED SUBMISSION TYPE: SC 13E3/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100615 DATE AS OF CHANGE: 20100615 GROUP MEMBERS: 7293411 CANADA INC. GROUP MEMBERS: ERIC LAU TUNG CHING GROUP MEMBERS: FRANCIS CHOI GROUP MEMBERS: PETER YANOFSKY GROUP MEMBERS: RICHARD YANOFSKY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OPTIMAL GROUP INC CENTRAL INDEX KEY: 0001015923 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 980160833 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13E3/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-50030 FILM NUMBER: 10897374 BUSINESS ADDRESS: STREET 1: 3500 DE MAISONNEUVE BLVD. WEST STREET 2: 2 PLACE ALEXIS-NIHON, SUITE 800 CITY: MONTREAL STATE: A8 ZIP: H3Z 3C1 BUSINESS PHONE: 5147388885 MAIL ADDRESS: STREET 1: 3500 DE MAISONNEUVE BLVD. WEST STREET 2: 2 PLACE ALEXIS-NIHON, SUITE 800 CITY: MONTREAL STATE: A8 ZIP: H3Z 3C1 FORMER COMPANY: FORMER CONFORMED NAME: OPTIMAL ROBOTICS CORP DATE OF NAME CHANGE: 19960603 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: 7293411 Canada Inc. CENTRAL INDEX KEY: 0001487357 IRS NUMBER: 000000000 STATE OF INCORPORATION: A8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13E3/A BUSINESS ADDRESS: STREET 1: 770 SHERBROOKE STREET WEST, MONTREAL STREET 2: SUITE 1700 CITY: MONTREAL STATE: A8 ZIP: H3A 1G1 BUSINESS PHONE: (514) 738-2079 MAIL ADDRESS: STREET 1: 770 SHERBROOKE STREET WEST, MONTREAL STREET 2: SUITE 1700 CITY: MONTREAL STATE: A8 ZIP: H3A 1G1 SC 13E3/A 1 m62939a5sc13e3za.htm SC 13E3/A sc13e3za
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13E-3
Rule 13e-3 Transaction Statement
Under Section 13(e) of the Securities Exchange Act of 1934
(Amendment No. 5)
 
OPTIMAL GROUP INC.
(Name of Subject Company (Issuer))
7293411 CANADA INC. (OFFEROR)
RICHARD YANOFSKY
PETER YANOFSKY
ERIC LAU TUNG CHING
FRANCIS CHOI
(Names of Filing Persons)
Class “A” Shares
(Title of Class of Securities)
68388R208
(CUSIP Number of Class of Securities)
Richard Yanofsky
770 Sherbrooke Street West, Suite 1700
Montréal, Québec, H3A 1G1
514.738.2079
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications on Behalf of Filing Persons)
Copies to:
Charles R. Spector
Fraser Milner Casgrain LLP
1 Place Ville-Marie, 39th Floor
Montréal (Québec) H3B 4M7
(514) 878-8800
This statement is filed in connection with (check the appropriate box):
         
o   a.  
The filing of solicitation materials or an information statement subject to Regulation 14A, Regulation 14C or Rule 13e-3(c) under the Securities Exchange Act of 1934.
 
o   b.  
The filing of a registration statement under the Securities Act of 1933.
 
o   c.  
A tender offer.
 
x   d.  
None of the above.
CALCULATION OF FILING FEE
           
 
  Transaction Valuation     Amount of Filing Fee  
 
$11,477,681(1)
    $819(2)  
 
 
(1)   Estimated solely for purpose of calculating the amount of the filing fee in accordance with the Securities Exchange Act of 1934 based on the product of (i) $2.40 (i.e., the per share price) and (ii) 4,782,367, the maximum number of Class “A” shares of Optimal Group Inc. that may be acquired. Such number of Shares represents the 5,148,735 Shares outstanding as of March 17, 2010 and 191,400 shares of Optimal Group Inc. Class “A” shares issuable upon the exercise of outstanding options and warrants, less the 405,576 Class “A” shares and 152,192 shares issuable upon the exercise of warrants already beneficially owned by 7293411 Canada Inc., its joint actors and its affiliates and associates.
 
(2)   The amount of the filing fee calculated in accordance with the Securities Exchange Act of 1934, as amended, equals $71.30 for each $1,000,000 of value. The filing fee was calculated in accordance with Rule 0-11 under the Securities Exchange Act of 1934 and Fee Rate Advisory #3 for Fiscal Year 2010, issued October 30, 2009.
     
x  
Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
     
Amount Previously Paid: $819
  Filing Party: 7293411 Canada Inc.
Form or Registration No.: Schedule T0-T
  Date Filed: March 31, 2010
 
 

 

 

RULE 13E-3 TRANSACTION STATEMENT
This Amendment No. 5 amends and supplements the Rule 13E-3 Transaction Statement (as amended, this “Transaction Statement”) filed on March 31, 2010 with the Securities and Exchange Commission (“SEC”) and relates to the amalgamation contemplated by the attached notice of special meeting of shareholders to be held on July 9, 2010 and management information circular. This Amendment No. 5 is being filed on behalf of 7293411 Canada Inc., a corporation incorporated under the laws of Canada (“Offeror”), Richard Yanofsky, Peter Yanofsky, Eric Lau Tung Ching and Francis Choi (collectively, the “Filing Persons”).
This Schedule 13E-3 is amended and supplemented to include the following:
On June 15, 2010, Optimal Group Inc., a corporation incorporated under the laws of Canada (“Optimal”), announced that it will hold a special meeting on July 9, 2010, to vote upon a special resolution, approving the amalgamation (the “Amalgamation”) of Optimal with 7533403 Canada Inc., a wholly owned subsidiary of the Offeror. The Amalgamation is the second and final step in the acquisition of Optimal by the Offeror. If the special resolution is approved, in connection with the Amalgamation, shareholders (other than dissenting shareholders and the Filing Persons) will receive $2.40 for each share of Class “A” shares of Optimal held, which payment will be funded directly or indirectly by the Offeror.
Item 16.   Exhibits.
     
Exhibit    
No.   Description
   
 
(a)(5)(A)  
Notice of Special Meeting of Shareholders to be held on July 9, 2010 and Management Information Circular, filed by Optimal Group Inc. on June 15, 2010 (incorporated by reference to Optimal Group Inc.’s Schedule 13E-3 filed on June 15, 2010).

2

 

SIGNATURES
After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
         
  7293411 CANADA INC.
 		  
     /s/ Richard Yanofsky    
    By:   Richard Yanofsky   
    Title:   President   
 
Date: June 15, 2010

3

 

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
         
     
  /s/ Richard Yanofsky    
  Richard Yanofsky   
     
 
Date: June 15, 2010

4

 

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
         
     
  /s/ Peter Yanofsky    
  Peter Yanofsky   
     
 
Date: June 15, 2010

5

 

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
         
     
  /s/ Eric Lau Tung Ching    
  Eric Lau Tung Ching   
     
 
Date: June 15, 2010

6

 

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
         
     
  /s/ Francis Choi    
  Francis Choi   
     
 
Date: June 15, 2010

7

 

EXHIBIT INDEX
     
Exhibit No.   Description
   
 
(a)(5)(A)  
Notice of Special Meeting of Shareholders to be held on July 9, 2010 and Management Information Circular, filed by Optimal Group Inc. on June 15, 2010 (incorporated by reference to Optimal Group Inc.’s Schedule 13E-3 filed on June 15, 2010).

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