0001144204-19-003549.txt : 20190129 0001144204-19-003549.hdr.sgml : 20190129 20190129164717 ACCESSION NUMBER: 0001144204-19-003549 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20190129 DATE AS OF CHANGE: 20190129 GROUP MEMBERS: COX ENTERPRISES, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BITAUTO HOLDINGS LTD CENTRAL INDEX KEY: 0001499781 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-85981 FILM NUMBER: 19549234 BUSINESS ADDRESS: STREET 1: NEW CENTURY HOTEL OFFICE TOWER 6/F STREET 2: NO 6 SOUTH CAPITAL STADIUM ROAD BEIJING CITY: PEOPLE'S REPUBLIC OF CHINA STATE: F4 ZIP: 100044 BUSINESS PHONE: 86 10 6849-2345 MAIL ADDRESS: STREET 1: NEW CENTURY HOTEL OFFICE TOWER 6/F STREET 2: NO 6 SOUTH CAPITAL STADIUM ROAD BEIJING CITY: PEOPLE'S REPUBLIC OF CHINA STATE: F4 ZIP: 100044 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Cox Automotive Global Investments, Inc. CENTRAL INDEX KEY: 0001765829 IRS NUMBER: 461172742 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 6205 PEACHTREE DUNWOODY ROAD CITY: ATLANTA STATE: GA ZIP: 30328 BUSINESS PHONE: 678-645-0158 MAIL ADDRESS: STREET 1: 6205 PEACHTREE DUNWOODY ROAD CITY: ATLANTA STATE: GA ZIP: 30328 SC 13D/A 1 tv511308_sc13da.htm SC 13D/A

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

  

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

 

(Amendment No. 2)

 

Bitauto Holdings Limited
(Name of Issuer)

 

Ordinary Shares, par value US$0.00004 per share 

(Title of class of securities)

  

091727 1 07 (for American depositary shares, each representing one ordinary share)

(CUSIP number)
 

  Juliette W. Pryor

Senior Vice President, General Counsel & Corporate Secretary

Cox Enterprises, Inc.

6205 Peachtree Dunwoody Road

Atlanta, Georgia, 30328

Telephone: (678) 645-0158

Facsimile: (404) 568-7412

 

Copy to:

 

Tony Wang, Esq.

O’Melveny & Myers LLP

610 Newport Center Drive, 17th Floor

Newport Beach, CA  92660

Telephone: (949)-823-6950

Facsimile: (949) 823-6994  

(Name, address and telephone number of person authorized to receive notices and communications)

  

December 12, 2018

(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 which 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 §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 (the “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). 

 

 

 

 

 

 

 

 

CUSIP No. 091727 1 07 13D/A Page    1

 

 

1.

NAME OF REPORTING PERSON:

COX AUTOMOTIVE GLOBAL INVESTMENTS, INC.

 

2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:

(a) ¨

(b) x

3.

SEC USE ONLY

 

4. SOURCE OF FUNDS:

Not Applicable

 

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): ¨

 

6. CITIZENSHIP OR PLACE OF ORGANIZATION:

Delaware 

 

NUMBER OF SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7. SOLE VOTING POWER:

0*

 

 

 

8. SHARED VOTING POWER:

9,000,000

 

9. SOLE DISPOSITIVE POWER:

0*

 

10. SHARED DISPOSITIVE POWER:

9,000,000 *

 

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

9,000,000*

 

 
12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:

 

  x
13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

12.4%*  
14.

TYPE OF REPORTING PERSON:

 

CO  
           

*Consists of 4,620,000 ADSs and 4,380,000 Ordinary Shares held by Cox Automotive Global Investments, Inc., a Delaware corporation (“CAGI”), and an indirect wholly-owned subsidiary of Cox Enterprises, Inc. (“CEI”), representing approximately 12.4% of the total outstanding Ordinary Shares of the Issuer, calculated based on 72,739,966 Ordinary Shares outstanding (excluding treasury shares) as of September 30, 2018.

 

In connection with certain internal restructuring transactions effected by CEI and various of its indirect wholly-owned subsidiaries, in December 2018, the Ordinary Shares of the Issuer were acquired by CAGI from ATG Global Management, L.P., a partnership formed in the Cayman Islands (“ATGGM”), an indirect wholly-owned subsidiary of CAGI and CEI. ATGGM was previously an indirect, wholly-owned subsidiary of Autotrader Group, Inc. (“ATG”), which is also an indirect wholly-owned subsidiary of CEI.

 

Based upon such internal restructuring, ATG is no longer an indirect holder of the Ordinary Shares or a member of the “group” for purposes hereof, and CAGI is now deemed to be a member of the “group”.

  

 2 

 

 

 

CUSIP No. 091727 1 07 13D/A Page    2

 

1.

NAME OF REPORTING PERSON:

COX ENTERPRISES, INC.

 

2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:

(a) ¨

(b) x

3.

SEC USE ONLY

 

4. SOURCE OF FUNDS:

Not Applicable

 

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): ¨

 

6. CITIZENSHIP OR PLACE OF ORGANIZATION:

Delaware 

 

NUMBER OF SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7. SOLE VOTING POWER:

0*

 

 

 

 

8. SHARED VOTING POWER:

9,000,000*

 

9. SOLE DISPOSITIVE POWER:

0*

 

10. SHARED DISPOSITIVE POWER:

9,000,000*

 

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

9,000,000*

 

 
12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:

 

  x
13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):

 

12.4%*  
14.

TYPE OF REPORTING PERSON:

 

CO  /HC
           

*Consists of 4,620,000 ADSs and 4,380,000 Ordinary Shares held by CAGI, an indirect wholly-owned subsidiary of CEI, representing approximately 12.4% of the total outstanding Ordinary Shares of the Issuer, calculated based on 72,739,966 Ordinary Shares outstanding (excluding treasury shares) as of September 30, 2018.

 

In connection with certain internal restructuring transactions effected by CEI and various of its indirect wholly-owned subsidiaries, in December 2018, the Ordinary Shares of the Issuer were acquired by CAGI from ATGGM, an indirect wholly-owned subsidiary of CAGI and CEI. ATGGM was previously an indirect, wholly-owned subsidiary of ATG, which is also an indirect wholly-owned subsidiary of CEI.

 

Based upon such internal restructuring, ATG is no longer an indirect holder of the Ordinary Shares or a member of the “group” for purposes hereof, and CAGI is now deemed to be a member of the “group”.

 

 

 3 

 

  

CUSIP No. 091727 1 07 13D/A Page    3

 

This Amendment No. 2. amends and supplements the statement on Schedule 13D filed with the Securities and Exchange Commission (the “SEC”) on November 26, 2012 (the “Original Schedule 13D”), as amended and supplemented by that certain Amendment No. 1, filed on January 12, 2017 (and together with this Amendment No. 2, the “Schedule 13D”), with respect to the ordinary shares, par value US$0.00004 per share (the “Ordinary Shares”), including Ordinary Shares represented by ADSs (each representing one Ordinary Share) of Bitauto Holdings Limited, an exempted company incorporated and existing under the laws of the Cayman Islands (the “Issuer”).

 

Capitalized terms used but not defined in this Amendment No. 2 shall have the same meanings ascribed to them in the Schedule 13D.

 

Item 2. Identity and Background

 

The Reporting Persons (as defined below) are filing this Amendment No. 2 to update certain information with respect to such Reporting Persons based upon the completion of certain internal restructuring transactions by Cox Enterprises, Inc. (“CEI”) and various of its indirect wholly-owned subsidiaries. While no change has occurred in respect of CEI’s indirect beneficial ownership of the Ordinary Shares of the Issuer, it is noted that Cox Automotive Global Investments, Inc. (“CAGI”) has replaced Autotrader Group, Inc. (“ATG”) as a Reporting Person for purposes of the Schedule 13D.

 

Specifically, Item 2 is hereby amended and supplemented as follows:

 

(a)        This Amendment No. 2 to Schedule 13D is being jointly filed by (i) Cox Automotive Global Investments, Inc., a Delaware corporation (“CAGI”), and (ii) Cox Enterprise, Inc., a Delaware corporation (“CEI”) (each, a “Reporting Person” and collectively, the “Reporting Persons”).

 

(b)        The principal office and business address for CAGI is 3003 Summit Boulevard, Atlanta, Georgia 30319; and (ii) the principal office and business address for CEI is 6205 Peachtree Dunwoody Road, Atlanta, Georgia, 30328.

 

(c)        The name, business address, present principal occupation or employment and citizenship for each director, executive officer, or controlling partner, as applicable, are set forth in Appendix A hereto, for entities as to which such information is required to be disclosed in response to General Instruction C to Schedule 13D, and are incorporated herein by reference.

 

(d)        and (e) No material change.

 

(f)         See item 2(a) above.

 

Item 4. Purpose of Transaction

 

Item 4 of the Schedule 13D is hereby amended and supplemented by inserting the following at the end thereof:

 

In connection with certain internal restructuring transactions effected by CEI and various of its indirect wholly-owned subsidiaries, in December 2018, the Ordinary Shares of the Issuer were acquired by CAGI, an indirectly wholly-owned subsidiary of CEI, from ATGGM, an indirect wholly-owned subsidiary of CAGI and CEI. ATGGM was previously an indirect, wholly-owned subsidiary of ATG, which is also an indirect wholly-owned subsidiary of CEI.

 

Based upon such internal restructuring, ATG is no longer an indirect beneficial holder of the Ordinary Shares or a Reporting Person for purposes hereof, and CAGI is now deemed to be a Reporting Person.

  

Item 5.

 

Paragraphs (a), (b) and (e) of Item 5 of the Schedule 13D is hereby amended and supplemented as follows:

 

(a) - (b) The responses to Items 2 and 4, and rows (7) through (13) of the cover pages of this Amendment No. 2 are incorporated herein by reference.

 

 4 

 

 

(e)       In connection with certain internal restructuring effected by CEI and various of its indirect wholly-owned subsidiaries, in December 2018, ATG ceased to be the indirect beneficial owner of any Ordinary Shares of the Issuer, and CAGI replaced ATG as the direct and beneficial owner of the Ordinary Shares (as described in the cover page and in Items 2 and 4 above).

 

 5 

 

 

SIGNATURES

 

After reasonable inquiry and to the best of the knowledge and belief of the undersigned, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Dated: January 29, 2019

 

  COX AUTOMOTIVE GLOBAL
INVESTMENTS, INC.
   
  By: /s/ Juliette W. Pryor
  Name: Juliette W. Pryer
  Title: Secretary
   
  COX ENTERPRISES, INC.
   
  By: /s/ Juliette W. Pryer
  Name: Juliette W. Pryer
  Title: Senior Vice President, General Counsel
& Corporate Secretary

 

 

 6 

 

 

Appendix A

 

Cox Automotive Global Investment, Inc.

Directors

 

Present Business Address:

c/o Cox Automotive Global Investments, Inc.

6205 Peachtree Dunwoody Road

Atlanta, Georgia 30328

 

Name 

 

Citizenship 

 

Principal Occupation 

Maria L. Friedman   United States   Senior Vice President, Tax and Treasury Services, Cox Enterprises, Inc.
Juliette W. Pryor   United States   Senior Vice President, General Counsel & Corporate Secretary, Cox Enterprises, Inc.
Sanford H. Schwartz   United States   President, Cox Automotive, Inc.

 

Executive Officers

 

Present Business Address:

c/o Cox Automotive Global Investments, Inc.

6205 Peachtree Dunwoody Road

Atlanta, Georgia 30328

 

Name 

 

Citizenship 

 

Principal Occupation 

Mark F. Bowser   United States   President
Maria L. Friedman   United States   Vice President
Mary A. Vickers   United States   Vice President
Juliette W. Pryor   United States   Secretary
Luis A. Avila   United States   Assistant Secretary

 

Cox Enterprises, Inc.

Directors

 

Present Business Address:

c/o Cox Enterprises, Inc.

6205 Peachtree Dunwoody Road

Atlanta, Georgia 30328

 

Name 

 

Citizenship 

 

Principal Occupation 

Michael J. Ahearn   United States   Managing Partner, True North Venture Partners, L.P.
Janet M. Clarke   United States   President, Clarke Littlefield, LLC
John M. Dyer   United States   Board Member
S. Taylor Glover   United States   President and CEO, Turner Enterprises and Vice Chairman of the Board
James C. Kennedy   United States   Chairman of the Board
Henry Parry-Okeden   United States   Co-founder, Invited Home
Alex Taylor   United States   President and Chief Executive Officer, Cox Enterprises
Byron D. Trott   United States   Chairman and CEO, BDT & Company
James C. Weaver   United States   CEO, McComb Partners
Christopher Williams   United States   Chairman and Chief Executive Officer, The Williams Capital Group L.P.

 

Executive Officers

 

Present Business Address:

c/o Cox Enterprises, Inc.

6205 Peachtree Dunwoody Road

Atlanta, Georgia 30328

 

 7 

 

 

Name 

 

Citizenship 

 

Principal Occupation 

James C. Kennedy   United States   Chairman
Alex Taylor   United States   President and Chief Executive Officer
Dallas Clement   United States   Executive Vice President and Chief Financial Officer
Jill Campbell   United States   Executive Vice President, Chief People & Operations Officer

 

 

 

 8