UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. )*
NOMAD FOODS LIMITED
(Name of Issuer)
Ordinary Shares
(Title of Class of Securities)
VGG6564A1057**
(CUSIP Number)
December 31, 2015
(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
¨ Rule 13d-1(c)
x 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 Ordinary Shares have no CUSIP number. The ISIN number for the Ordinary Shares is VGG6564A1057. |
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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1. | | Name of Reporting Persons Pershing Square Capital Management, L.P. |
2. | | Check the Appropriate Box if a Member of a Group (See Instructions) (A) ¨ (B) ¨ |
3. | | SEC Use Only |
4. | | Citizenship or Place of Organization DELAWARE |
Number of Shares Beneficially Owned by Each Reporting Person With | | 5. | | Sole Voting Power: NONE |
| 6. | | Shared Voting Power: 33,333,334 |
| 7. | | Sole Dispositive Power: NONE |
| 8. | | Shared Dispositive Power: 33,333,334 |
9. | | Aggregate Amount Beneficially Owned by Each Reporting Person 33,333,334 |
10. | | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ |
11. | | Percent of Class Represented by Amount in Row 9 18.7%(1) |
12. | | Type of Reporting Person IA |
(1) | This calculation is based on 178,444,900 ordinary shares (“Ordinary Shares”) of Nomad Foods Limited (the “Issuer”) outstanding as of December 15, 2015, as reported in the Issuer’s Amendment No. 1 to Form F-1 filed on December 21, 2015 (the “F-1/A”). |
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1. | | Name of Reporting Persons PS Management GP, LLC |
2. | | Check the Appropriate Box if a Member of a Group (See Instructions) (A) ¨ (B) ¨ |
3. | | SEC Use Only |
4. | | Citizenship or Place of Organization DELAWARE |
Number of Shares Beneficially Owned by Each Reporting Person With | | 5. | | Sole Voting Power: NONE |
| 6. | | Shared Voting Power: 33,333,334 |
| 7. | | Sole Dispositive Power: NONE |
| 8. | | Shared Dispositive Power: 33,333,334 |
9. | | Aggregate Amount Beneficially Owned by Each Reporting Person 33,333,334 |
10. | | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ |
11. | | Percent of Class Represented by Amount in Row 9 18.7%(2) |
12. | | Type of Reporting Person OO |
(2) | This calculation is based on 178,444,900 Ordinary Shares outstanding as of December 15, 2015, as reported in the F-1/A. |
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1. | | Name of Reporting Persons William A. Ackman |
2. | | Check the Appropriate Box if a Member of a Group (See Instructions) (A) ¨ (B) ¨ |
3. | | SEC Use Only |
4. | | Citizenship or Place of Organization U.S.A |
Number of Shares Beneficially Owned by Each Reporting Person With | | 5. | | Sole Voting Power: NONE |
| 6. | | Shared Voting Power: 33,333,334 |
| 7. | | Sole Dispositive Power: NONE |
| 8. | | Shared Dispositive Power: 33,333,334 |
9. | | Aggregate Amount Beneficially Owned by Each Reporting Person 33,333,334 |
10. | | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ |
11. | | Percent of Class Represented by Amount in Row 9 18.7%(3) |
12. | | Type of Reporting Person IN |
(3) | This calculation is based on 178,444,900 Ordinary Shares outstanding as of December 15, 2015, as reported in the F-1/A. |
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Item 1 (a). | | Name of Issuer: |
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| | The name of the issuer is Nomad Foods Limited, a company incorporated with limited liability under the laws of the British Virgin Islands (the “Issuer”). |
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(b). | | Address of Issuer’s Principal Executive Offices: |
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| | Nemours Chambers |
| | Road Town |
| | Tortola, British Virgin Islands |
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Item 2 (a). | | Name of Person Filing: |
This statement is filed by:
(i) Pershing Square Capital Management, L.P., a Delaware limited partnership (“Pershing Square”), which advises the accounts of Pershing Square, L.P., a Delaware limited partnership (“PS”), Pershing Square II, L.P., a Delaware limited partnership (“PS II”), Pershing Square Holdings, Ltd., a limited liability company incorporated in Guernsey (“PSH”), and Pershing Square International, Ltd., a Cayman Islands exempted company (“PS International” and collectively with PS, PS II and PSH, the “Pershing Square Funds”);
(ii) PS Management GP, LLC, a Delaware limited liability company (“PS Management”), which serves as the general partner of Pershing Square; and
(iii) William A. Ackman, a citizen of the United States of America, who is the Chief Executive Officer of Pershing Square and the managing member of PS Management.
The foregoing persons hereinafter sometimes are collectively referred to as the “Reporting Persons.” The Reporting Persons’ agreement in writing to file this statement on behalf of each of them is attached as Exhibit A hereto.
| (b). | Address of Principal Business Office or, if None, Residence: |
The address of the principal business office of each of the Reporting Persons is 888 Seventh Avenue, 42nd Floor, New York, New York 10019.
Pershing Square is a limited partnership organized under the laws of the State of Delaware. PS Management is a limited liability company organized under the laws of the State of Delaware. Mr. Ackman is a United States citizen.
| (d). | Title of Class of Securities: |
Ordinary shares (“Ordinary Shares”).
The Ordinary Shares have no CUSIP number. The ISIN number for the Ordinary Shares is VGG6564A1057.
Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: |
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| | (a) | | ¨ | | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
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| | (b) | | ¨ | | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
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| | (c) | | ¨ | | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C.78c); |
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| | (d) | | ¨ | | Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); |
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| | (e) | | ¨ | | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
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| | (f) | | ¨ | | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); |
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| | (g) | | ¨ | | A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); |
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| | (h) | | ¨ | | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
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| | (i) | | ¨ | | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); |
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| | (j) | | ¨ | | A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J); |
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| | (k) | | ¨ | | Group, in accordance with § 240.13d-1(b)(1)(ii)(K). |
If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution.
| (a) | Amount beneficially owned: |
As of December 31, 2015, each of the Reporting Persons may be deemed to have beneficially owned 33,333,334 Ordinary Shares.
18.7%. The percentages used herein are rounded to the nearest tenth and based on 178,444,900 Ordinary Shares outstanding as of December 15, 2015 as reported in the Issuer’s Amendment No. 1 to Form F-1 filed on December 21, 2015.
| (c) | Number of shares as to which such person has: |
(i) Sole power to vote or to direct the vote:
None
(ii) Shared power to vote or to direct the vote:
33,333,334
(iii) Sole power to dispose or to direct the disposition of:
None
(iv) Shared power to dispose or to direct the disposition of:
33,333,334
Item 5. | Ownership of Five Percent or Less of a Class. |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following¨.
Item 6. | Ownership of More Than Five Percent on Behalf of Another Person. |
The Pershing Square Funds have the right to receive dividends from, and the proceeds from the sale of, the securities of the Issuer beneficially owned by the Reporting Persons. Each of the Pershing Square Funds other than PS II owns Ordinary Shares that comprise more than 5% of the outstanding Ordinary Shares of the Issuer.
Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. |
See Exhibit B.
Item 8. | Identification and Classification of Members of the Group. |
Not applicable.
Item 9. | Notice of Dissolution of Group. |
Not applicable.
Signatures
After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned certify that the information set forth in this statement is true, complete and correct.
Dated: February 12, 2016
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PERSHING SQUARE CAPITAL MANAGEMENT, L.P. |
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By: PS Management GP, LLC, its General Partner |
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By | | /s/ William A. Ackman |
| | William A. Ackman |
| | Managing Member |
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PS MANAGEMENT GP, LLC |
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By | | /s/ William A. Ackman |
| | William A. Ackman |
| | Managing Member |
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| | /s/ William A. Ackman |
| | William A. Ackman |
Exhibit A
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, each of the undersigned hereby agrees to the joint filing, along with all other such undersigned, on behalf of the Reporting Persons (as defined in the joint filing), of a statement on Schedule 13G (including amendments thereto) with respect to the ordinary shares of Nomad Foods Limited, and that this agreement be included as an exhibit to such joint filing. This agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument. The undersigned acknowledge that each shall be responsible for the timely filing of any amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others.
IN WITNESS WHEREOF, each of the undersigned hereby executes this agreement as of this 12th day of February, 2016.
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PERSHING SQUARE CAPITAL MANAGEMENT, L.P. |
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By: | | PS Management GP, LLC, |
| | its General Partner |
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By: | | /s/ William A. Ackman |
| | William A. Ackman |
| | Managing Member |
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PS MANAGEMENT GP, LLC |
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By: | | /s/ William A. Ackman |
| | William A. Ackman |
| | Managing Member |
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/s/ William A. Ackman |
WILLIAM A. ACKMAN |
Exhibit B
Item 7
Pershing Square is the relevant entity for which PS Management may be considered a parent holding company.
PS Management is the relevant entity for which Mr. Ackman may be considered a control person.
Pershing Square is an investment adviser registered under the Investment Advisers Act of 1940, as amended.