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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No.____)*
Trident Chambers
P.O. Box 146, Road Town
Tortola, British Virgin Islands
1 - 284 - 494 - 2434
Receive Notices and Communications)
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 Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box.þ
(Continued on the following pages)
*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.
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CUSIP No. | 879101103 | SCHEDULE 13D | Page | 2 | of | 11 |
1 | NAMES OF REPORTING PERSONS Katelia Capital Investments Ltd. | ||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||||||||
(a) o | |||||||||||
(b) o | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS | ||||||||||
Not applicable | |||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
British Virgin Islands | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 0 | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 6,133,922 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 0 | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
6,133,922 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
6,133,922 | |||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
8.94% | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
CO |
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CUSIP No. | 879101103 | SCHEDULE 13D | Page | 3 | of | 11 |
1 | NAMES OF REPORTING PERSONS The Katelia Trust | ||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||||||||
(a) o | |||||||||||
(b) o | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS | ||||||||||
Not applicable | |||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
British Virgin Islands | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 0 | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 6,133,922 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 0 | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
6,133,922 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
6,133,922 | |||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
8.94% | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
OO |
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CUSIP No. | 879101103 | SCHEDULE 13D | Page | 4 | of | 11 |
1 | NAMES OF REPORTING PERSONS Butterfield Trust (Switzerland) Limited | ||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||||||||
(a) o | |||||||||||
(b) o | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS | ||||||||||
Not applicable | |||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
Switzerland | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 0 | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 6,133,922 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 0 | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
6,133,922 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
6,133,922 | |||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
8.94% | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
OO |
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CUSIP No. | 879101103 | SCHEDULE 13D | Page | 5 | of | 11 |
1 | NAMES OF REPORTING PERSONS Laurent Asscher | ||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||||||||
(a) o | |||||||||||
(b) o | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS | ||||||||||
Not applicable | |||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
France | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 0 | ||||||||||
�� | |||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 6,133,922 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 0 | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
6,133,922 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
6,133,922 | |||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
8.94% | |||||||||||
14 | TYPE OF REPORTING PERSON | ||||||||||
IN |
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CUSIP No. | 879101103 | SCHEDULE 13D | Page | 6 | of | 11 |
Name of Issuer: | Tekelec | |
Title of Class of Equity Securities: | Common Stock | |
Address of Issuer’s Principal Executive Office: | 5200 Paramount Parkway Morrisville, North Carolina 27560 |
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CUSIP No. | 879101103 | SCHEDULE 13D | Page | 7 | of | 11 |
• | the price and availability of the Issuer’s Common Stock, | ||
• | subsequent developments affecting the Issuer, | ||
• | the business prospects of the Issuer, | ||
• | global and U.S. market and economic conditions, | ||
• | tax considerations, | ||
• | other investment and business opportunities available to the Reporting Persons, | ||
• | changes in law or government regulations and | ||
• | other factors deemed relevant by the Reporting Persons, |
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CUSIP No. | 879101103 | SCHEDULE 13D | Page | 8 | of | 11 |
• | On January 19, 2011, Katelia Capital sold call options covering a total of 100,000 shares of the Issuer’s Common Stock at a strike price of $15.00 per share for a sale price of $0.65 per share. The options expire on August 20, 2011 and may be exercised on or before such date to purchase shares of Issuer Common Stock from Katelia Capital. | ||
• | On January 19, 2011, Katelia Capital sold call options covering a total of 500 shares of the Issuer’s Common Stock at a strike price of $17.50 per share for a sale price of $0.25 per share. The options expire on August 20, 2011 and may be exercised on or before such date to purchase shares of Issuer Common Stock from Katelia Capital. |
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CUSIP No. | 879101103 | SCHEDULE 13D | Page | 9 | of | 11 |
Exhibit | ||
Number | Description | |
99.1 | Letter dated February 14, 2011 from Katelia Capital Investments Ltd. to the Issuer. |
Date: February 14, 2011 KATELIA CAPITAL INVESTMENTS LTD. | ||||
By: | Pendragon Management, Sole Director | |||
By: | /s/ Jim Parker | |||
Jim Parker, Authorised Signatory | ||||
By: | /s/ Annick Ducraux | |||
Annick Ducraux, Authorised Signatory | ||||
THE KATELIA TRUST | ||||
By: | Butterfield Trust (Switzerland) Limited, as Trustees | |||
By: | /s/ Jim Parker | |||
Jim Parker, Authorised Signatory | ||||
By: | /s/ Annick Ducraux | |||
Annick Ducraux, Authorised Signatory |
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CUSIP No. | 879101103 | SCHEDULE 13D | Page | 10 | of | 11 |
BUTTERFIELD TRUST (SWITZERLAND) LIMITED | ||||
By: | /s/ Jim Parker | |||
Jim Parker, Authorised Signatory | ||||
By: | /s/ Annick Ducraux | |||
Annick Ducraux, Authorised Signatory | ||||
/s/ Laurent Asscher | ||||
LAURENT ASSCHER |