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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 20-F/A
(Mark One)
/ / REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE
SECURITIES
OR
/X/ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES
EXCHANGE ACT OF 1934
FOR THE FISCAL YEAR ENDED: DECEMBER 31, 1999
OR
/ / TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
FOR THE TRANSITION PERIOD FROM TO
COMMISSION FILE NUMBER: 001-14251
SAP AKTIENGESELLSCHAFT
SYSTEME, ANWENDUNGEN, PRODUKTE IN DER DATENVERARBEITUNG
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
SAP CORPORATION SYSTEMS, APPLICATIONS
AND PRODUCTS IN DATA PROCESSING
(TRANSLATION OF ISSUER'S NAME INTO ENGLISH)
FEDERAL REPUBLIC OF GERMANY
(JURISDICTION OF INCORPORATION OR ORGANIZATION)
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NEUROTTSTRASSE 16
69190 WALLDORF
FEDERAL REPUBLIC OF GERMANY
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
SECURITIES REGISTERED OR TO BE REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
TITLE OF EACH CLASS NAME OF EACH EXCHANGE ON WHICH REGISTERED
American Depositary Shares, each Representing New York Stock Exchange
One-Fourth of One Non-Voting Preference
Share, without nominal value
Non-Voting Preference Shares, without New York Stock Exchange*
nominal value
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SECURITIES REGISTERED OR TO BE REGISTERED PURSUANT TO SECTION 12(g) OF THE
ACT: None
SECURITIES FOR WHICH THERE IS A REPORTING OBLIGATION PURSUANT TO SECTION
15(d) OF THE ACT: None
Indicate the number of outstanding shares of each of the issuer's classes
of capital or common stock at the close of the period covered by the annual
report:
Ordinary Shares, without nominal value (as of December 31, 1999) 61,000,000
Non-Voting Preference Shares, without nominal value (as of December 31, 1999) 43,756,114
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports) and (2) has been subject to such
filing requirements for the past 90 days.
Yes /X/ No / /
Indicate by check mark which financial statement item the registrant has
elected to follow.
Item 17 / / Item 18 /X/
* Not for trading, but only in connection with the registration of the American
Depositary Shares representing such Preference Shares.
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TABLE OF CONTENTS
This Amendment to Annual Report on Form 20-F/A is being filed solely to update
the information set forth in Item 16 of the Form 20-F filed on April 7, 2000 as
the result of a division of the Company's capital stock and the adjustment by
the Company of the ratio of American Depositary Shares to Preference Shares from
12:1 to 4:1 with effect from June 26, 2000.
Page
PART II
Item 16. Changes in Securities, Changes in Securities for Registered Securities and Use of Proceeds 4
PART IV
Item 19. Financial Statements and Exhibits 5
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PART II
ITEM 16. DESCRIPTION OF THE SECURITIES TO BE REGISTERED
Pursuant to resolutions adopted at the Company's annual general meeting of
shareholders and a special meeting of preference shareholders on May 5, 2000,
with effect from June 26, 2000 the Company effected a division of its capital
stock by splitting each no-par share of the Company's capital stock with
attributable subscribed capital of three euros into three single no-par shares
of the Company's capital stock with attributable subscribed capital of one euro
(the "Stock Split"). Contemporaneously with the Stock Split, the Company reduced
the ratio of American Depositary Shares to Preference Shares from 12:1 to 4:1
(the "Ratio Adjustment"). The Company has amended the Deposit Agreement among
the Company, The Bank of New York, as depositary, and the owners and holders of
the American Depositary Receipts evidencing the American Depositary Shares to
reflect the Stock Split and the Ratio Adjustment. The Deposit Agreement, as
amended and restated, is filed as an exhibit to this Form 20-F/A. Copies of the
Deposit Agreement are also available for inspection at the Corporate Trust
Office of the Depositary, currently located at 101 Barclay Street, New York, New
York 10286. The Depositary's principal executive office is located at 48 Wall
Street, New York, New York 10286.
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PART IV
ITEM 19. FINANCIAL STATEMENTS AND EXHIBITS.
The following documents are filed as exhibits to this Form 20-F/A:
4.1 Form of Amended and Restated Deposit Agreement among SAP, The Bank of
New York, as Depositary, and all owners and holders from time to time
of American Depositary Receipts issued thereunder, including the form
of American Depositary Receipts
23.1 Consent of Arthur Andersen Wirtschaftsprufungsgesellschaft
Steuuerberatungsgesellschaft mbH
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SIGNATURE
Pursuant to the requirements of Section 12 of the Securities Exchange Act
of 1934, the Registrant certifies that it meets all of the requirements for
filing this Amendment to Annual Report on Form 20-F/A and has duly caused this
Amendment to Annual Report to be signed on its behalf by the undersigned,
thereunto duly authorized.
SAP AKTIENGESELLSCHAFT SYSTEME,
ANWENDUNGEN, PRODUKTE IN DER
DATENVERARBEITUNG
(Registrant)
By: /s/ Prof. Dr. Henning Kagermann
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Name: Prof. Dr. Henning Kagermann
Title: Member of the Executive Board
Dated: June 23, 2000 By: /s/ Dieter Matheis
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Name: Dieter Matheis
Title: Principal Financial Officer