-----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, QiKGIaeCMv1JzBSL3bopc5UtEWxC5g10Saj+4ne/d6T8htUMe1EuSIDaGZVaoLkk EcsGP7eY0aG/kD0ghUsrBg== 0000950135-08-006909.txt : 20081104 0000950135-08-006909.hdr.sgml : 20081104 20081104153055 ACCESSION NUMBER: 0000950135-08-006909 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20081104 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TELE NORTE LESTE HOLDING CO /ADR/ CENTRAL INDEX KEY: 0001071331 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 8880 [8880] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-82043 FILM NUMBER: 081160731 BUSINESS ADDRESS: STREET 1: BANK OF NEW YORK STREET 2: 48 WALL ST CITY: NEW YORK STATE: NY ZIP: 10286 BUSINESS PHONE: 2124951727 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Genesis Asset Managers, LLP CENTRAL INDEX KEY: 0001300978 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: P.O. BOX 225 POLYGON HALL STREET 2: MARCHANT STREET CITY: GUERNSEY STATE: X0 ZIP: GY1 4HY BUSINESS PHONE: 44 1481 716000 MAIL ADDRESS: STREET 1: P.O. BOX 225 POLYGON HALL STREET 2: MARCHANT STREET CITY: GUERNSEY STATE: X0 ZIP: GY1 4HY FORMER COMPANY: FORMER CONFORMED NAME: Genesis Fund Managers, LLP DATE OF NAME CHANGE: 20040819 SC 13G 1 b72820gasc13g.htm SCHEDULE 13G sc13g
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CUSIP No.
  
879246106 
 13G 
 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

TELE NORTE LESTE
(Name of Issuer)
ADR
(Title of Class of Securities)
879246106
(CUSIP Number)
OCTOBER 30, 2008
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     þ Rule 13d-1(b)

     o Rule 13d-1(c)

     o Rule 13d-1(d)

* 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 the disclosures provided in a prior cover page.

The information required in 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).

 
 

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CUSIP No. 879246106   13G   Page 2 of 5 Pages

 

           
1.   NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Genesis Asset Managers, LLP
     
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3.   SEC USE ONLY
   
   
     
4.   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5.   SOLE VOTING POWER —
     
NUMBER OF   9,397,771 (See Items 3 and 6)
       
SHARES 6.   SHARED VOTING POWER —
BENEFICIALLY    
OWNED BY   0 (See Items 3 and 6)
       
EACH 7.   SOLE DISPOSITIVE POWER —
REPORTING    
PERSON   12,345,920 (See Items 3 and 6)
       
WITH 8.   SHARED DISPOSITIVE POWER —
     
    0 (See Items 3 and 6)
     
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  12,345,920 (See Items 3 and 6)
     
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
   
  o
     
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
   
  4.73%
     
12.   TYPE OF REPORTING PERSON
   
  HC / IA

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Item 1(a). Name of Issuer:
Item 1(b). Address of Issuer’s Principal Executive Offices:
Item 2(a). Name of Person Filing:
Item 2(b). Address of Principal Business Office or, if None, Residence:
Item 2(c). Citizenship:
Item 2(d). Title of Class of Securities:
Item 2(e). CUSIP Number:
Item 3. Classification
Item 4. Ownership.
Item 5. Ownership of Five Percent or Less of a Class.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
Item 8. Identification and Classification of Members of the Group.
Item 9. Notice of Dissolution of Group.
Item 10. Certification.

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CUSIP No. 879246106   13G   Page 3 of 5 Pages
Item 1(a). Name of Issuer:
Tele Norte Leste
Item 1(b). Address of Issuer’s Principal Executive Offices:
Rua Humberto de Campos
Leblon
Rio de Janeiro, RJ 22430-190
Brazil
Item 2(a). Name of Person Filing:
Genesis Asset Managers, LLP
Item 2(b). Address of Principal Business Office or, if None, Residence:
Genesis Asset Managers, LLP
Polygon Hall
Le Marchant Street
St. Peter Port
Guernsey GY1 4HY
Guernsey, Channel Islands
Item 2(c). Citizenship:
Delaware
Item 2(d). Title of Class of Securities:
ADR
Item 2(e). CUSIP Number:
879246106
Item 3. Classification
(g)(e) Genesis Asset Managers, LLP (“GAM”) is reporting on this Schedule 13-G for itself as a registered investment adviser and as the control person of Genesis Investment Management, LLP (“GIM”). GAM and GIM are both registered investment advisers.
Item 4. Ownership.
  a)   Amount beneficially owned: 12,345,920
 
  b)   Percent of Class: 4.73%
 
  c)   Number of shares as to which the person has:
  (i)   sole power to vote or to direct the vote: 9,397,771
 
  (ii)   shared power to vote or direct the vote: 0

 

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CUSIP No. 879246106   13G   Page 4 of 5 Pages
  (iii)   sole power to dispose or to direct the disposition of: 12,345,920
 
  (iv)   shared power to dispose or to direct the disposition of: 0
Item 5. Ownership of Five Percent or Less of a Class.
GAM provides investment advisory services on a discretionary basis to institutional investors and in-house-pooled funds for institutional investors. GAM is the parent entity of GIM which provides sub-advisory services to GAM for the accounts of the institutional clients of GAM. In the aggregate, the client accounts managed by GAM hold less than 5% of the outstanding securities subject to this filing on Schedule 13-G. Holdings have reduced to 4.73% of the Issuer’s shares. The Form 13G filed by GAM includes a report filed by GIM, the sub-advisor to GAM.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
N/A.
Item 7.   Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
See Item 3 above. The address of GAM’s principal office and place of business is as follows:
Genesis Asset Managers, LLP
Polygon Hall
Le Marchant Street
St. Peter Port
Guernsey GY1 4HY
Channel Islands
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group.
N/A
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purposes of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired with or as a participant in any transaction having such purposes or effect.

 

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CUSIP No. 879246106   13G   Page 5 of 5 Pages
SIGNATURE
     After reasonable 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.
         
  GENESIS ASSET MANAGERS, LLP
 		  
  By:   /s/ Karen L. Yerburgh    
    Karen L. Yerburgh    
    Managing Partner   
 
Date: November 3, 2008

 

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