UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3 )*
(Name of Issuer)
Ordinary Shares, par value 50 pence per share
(Title of Class of Securities)
(CUSIP Number)
Christopher Fuglesang
Boxer Capital, LLC
445 Marine View Avenue, Suite 100
Del Mar, CA 92014
(858) 400-3112
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.o
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.
* 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 (“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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1 | | NAMES OF REPORTING PERSONS
Boxer Capital, LLC |
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2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
| (a) þ |
| (b) o |
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3 | | SEC USE ONLY |
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| |
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4 | | SOURCE OF FUNDS (SEE INSTRUCTIONS) |
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| WC |
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5 | | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |
| |
| o |
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6 | | CITIZENSHIP OR PLACE OF ORGANIZATION |
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| Delaware |
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| 7 | | SOLE VOTING POWER |
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NUMBER OF | | 0 |
| | | |
SHARES | 8 | | SHARED VOTING POWER |
BENEFICIALLY | | |
OWNED BY | | 0 |
| | | |
EACH | 9 | | SOLE DISPOSITIVE POWER |
REPORTING | | |
PERSON | | 0 |
| | | |
WITH | 10 | | SHARED DISPOSITIVE POWER |
| | |
| | 0 |
| | |
11 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
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| 0 |
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12 | | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |
| |
| o |
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13 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
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| 0.0% |
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14 | | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) |
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| CO |
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1 | | NAMES OF REPORTING PERSONS
Boxer Asset Management Inc. |
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2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
| (a) þ |
| (b) o |
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3 | | SEC USE ONLY |
| |
| |
| | |
4 | | SOURCE OF FUNDS (SEE INSTRUCTIONS) |
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| WC |
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5 | | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |
| |
| o |
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6 | | CITIZENSHIP OR PLACE OF ORGANIZATION |
| |
| Bahamas |
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| 7 | | SOLE VOTING POWER |
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NUMBER OF | | 0 |
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SHARES | 8 | | SHARED VOTING POWER |
BENEFICIALLY | | |
OWNED BY | | 0 |
| | | |
EACH | 9 | | SOLE DISPOSITIVE POWER |
REPORTING | | |
PERSON | | 0 |
| | | |
WITH | 10 | | SHARED DISPOSITIVE POWER |
| | |
| | 0 |
| | |
11 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| |
| 0 |
| | |
12 | | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |
| |
| o |
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13 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
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| 0.0% |
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14 | | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) |
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| CO |
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1 | | NAMES OF REPORTING PERSONS
Joseph Lewis |
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2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
| (a) þ |
| (b) o |
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3 | | SEC USE ONLY |
| |
| |
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4 | | SOURCE OF FUNDS (SEE INSTRUCTIONS) |
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| WC, PF |
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5 | | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |
| |
| o |
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6 | | CITIZENSHIP OR PLACE OF ORGANIZATION |
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| United Kingdom |
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| 7 | | SOLE VOTING POWER |
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NUMBER OF | | 0 |
| | | |
SHARES | 8 | | SHARED VOTING POWER |
BENEFICIALLY | | |
OWNED BY | | 0 |
| | | |
EACH | 9 | | SOLE DISPOSITIVE POWER |
REPORTING | | |
PERSON | | 0 |
| | | |
WITH | 10 | | SHARED DISPOSITIVE POWER |
| | |
| | 0 |
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11 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| |
| 0 |
| | |
12 | | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |
| |
| o |
| | |
13 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
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| 0.0% |
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14 | | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) |
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| IN |
This Amendment No. 3 (“Amendment No. 3”) amends and supplements the statement on Schedule 13D initially filed on October 26, 2009 (the “Original Filing”), the Amendment No. 1 to Schedule 13D filed on June 29, 2010 (“Amendment No. 1”) and the Amendment No. 2 to Schedule 13D filed on August 26, 2010 (“Amendment No. 2”, together with the Original Filing, Amendment No. 1 and Amendment No.2, the “Previous Filings”). Capitalized terms used and not defined in this Amendment No. 3 have the meanings set forth in the Previous Filings. This Amendment No. 3 is being filed to reflect a decrease of more than 1% of the Reporting Persons’ beneficial ownership of the Issuer’s outstanding Ordinary Shares from the time of Amendment No. 2 to this Amendment No. 3.
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Item 5. | | Interest in Securities of the Issuer. |
| (a) | | The Reporting Persons no longer beneficially own any Ordinary Shares, and as such are no longer subject to the Management Rights Agreement. |
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| (b) | | The Reporting Persons no longer have voting power or dispositive power with regard to any Ordinary Shares. |
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| (c) | | Other than the following open market sales of Ordinary Shares, the Reporting Persons have not engaged in any transactions in the Ordinary Shares in the past 60 days. |
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Date | | Number of Shares Sold | | Average Price* | | Range of Price |
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8/23/2011 | | 600,000 | | $10.71 | | $10.71 |
*Price information provided by weighted average. The Reporting Persons hereby undertake to provide, upon request by the Staff of the Securities and Exchange Commission, full information regarding the number of shares purchased or sold at each separate price.
| (e) | | On August 23, 2011, the Reporting Persons ceased to be the beneficial owners of any Ordinary Shares. |
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Item 7. | | Material to Be Filed as Exhibits. |
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Exhibit 1 | | Joint Filing Agreement, dated August 24, 2011, among Boxer Capital, Boxer Management and Joseph Lewis |
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.
| | | | |
| BOXER CAPITAL, LLC | |
Date: August 24, 2011 | By: | /s/ Christopher Fuglesang | |
| | Name: | Christopher Fuglesang | |
| | Title: | Authorized Signatory | |
|
| BOXER ASSET MANAGEMENT INC. | |
| By: | /s/ Jefferson R. Voss | |
| | Name: | Jefferson R. Voss | |
| | Title: | Director | |
|
| JOSEPH LEWIS | |
| By: | /s/ Joseph Lewis | |
| | Joseph Lewis, Individually | |
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EXHIBIT INDEX
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Exhibit No. | | Description |
| 1 | | | Joint Filing Agreement, dated August 24, 2011, among Boxer Capital, Boxer Management and Joseph Lewis |