UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
20549
SCHEDULE 14D-9
(RULE 14d-101)
(Amendment No.
2)
SOLICITATION/RECOMMENDATION
STATEMENT
UNDER SECTION 14(d)(4)
OF THE SECURITIES EXCHANGE ACT OF 1934
Wanda Sports Group
Company Limited
(Name of Subject
Company)
Wanda Sports Group
Company Limited
(Names of Persons
Filing Statement)
Class A Ordinary
Shares, no par value*
(Title of Class
of Securities)
93368R 101**
(CUSIP Number of
Class of Securities)
Hengming Yang
Chief Executive
Officer
Wanda Sports Group
Company Limited
9/F, Tower B, Wanda
Plaza
93 Jianguo Road, Chaoyang
District
100022, Beijing, People’s
Republic of China
+86-10-8558-8813
With copies to:
Peter X. Huang, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
30/F, China World Office 2 No. 1,
Jianguomenwai Avenue
Chaoyang District,
Beijing 100004
People’s Republic of China
Tel: +86-10-6535-5500
(Name, address,
and telephone numbers of person authorized to receive notices and communications on behalf of the persons filing statement)
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Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
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*
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Not for trading, but only in connection with the prior listing on the Nasdaq Global Select
Market of the American Depositary Shares (“ADSs”), with every two ADSs representing three class
A ordinary shares, no par value, of the issuer.
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**
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This CUSIP number applies to the issuer’s ADSs.
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This Amendment No. 2 (this “Amendment
No. 2”) amends and supplements the Solicitation/Recommendation Statement on Schedule 14D-9 (as amended or supplemented
from time to time, the “Schedule 14D-9”) filed on December 23, 2020 with the Securities and Exchange
Commission (the “SEC”) by Wanda Sports Group Company Limited, a company limited by shares incorporated
under the laws of Hong Kong. The Schedule 14D-9 relates to the tender offer (the “Offer”) by Wanda Sports
& Media (Hong Kong) Holding Co. Ltd. (“Purchaser”), a limited liability company incorporated under
the laws of Hong Kong and a wholly-owned subsidiary of Wanda Culture Holding Co., Ltd., a limited liability company incorporated
under the laws of Hong Kong (“Parent”), to acquire all of the outstanding Class A Ordinary Shares (including
Class A Ordinary Shares represented by ADSs) at an offer price of $1.70 per Class A Ordinary Share or $2.55 per ADS in cash (the
“Offer Price”), without interest, upon terms, and subject to conditions, set forth in the Offer to Purchase
and Letters of Transmittal (each as defined below). Parent is indirectly owned by Dalian Wanda Group Co., Ltd, which is ultimately
controlled by Mr. Jianlin Wang, its chairman and president. The Offer is disclosed in the Tender Offer Statement on Schedule TO
(as it may be amended or supplemented from time to time, including by an Amendment No. 1 to the Schedule TO filed on January 11,
2021 and Amendment No. 2 to the Schedule TO filed on February 1, 2021, “Schedule TO”) filed by Purchaser
and Parent with the SEC on December 23, 2020, and is made upon the terms and subject to the conditions set forth in the Offer
to Purchase dated December 23, 2020 (as it may be amended or supplemented from time to time, including by an Amendment No. 1 to
the Offer to Purchase dated January 11, 2021, the “Offer to Purchase”) and in the related letter of
transmittal for Class A Ordinary Shares (the “Share Letter of Transmittal”) and the related letter of
transmittal for ADSs (the “ADS Letter of Transmittal,” together with the Share Letter of Transmittal,
“Letters of Transmittal”).
The information in the Schedule 14D-9, including all exhibits
and annexes that were previously filed with the Schedule 14D-9, is incorporated in this Amendment No. 2 by reference, except that
such information is hereby amended or supplemented to the extent specifically provided herein. Capitalized terms used herein and
not defined shall have the meanings ascribed to them in the Schedule 14D-9 and heading references herein refer to the Schedule
14D-9.
Item 2. IDENTITY AND BACKGROUND
OF FILING PERSON.
(d) Tender Offer and the Transaction.
The following paragraphs are added
to the end of the section:
“The Offer and withdrawal rights
expired as scheduled at 5:00 p.m., New York City time, on January 29, 2021. American Stock Transfer & Trust Company, LLC,
as tender agent for the Offer, has advised that, as of the Expiration Date, a total of 36,471,813.5 Class A Ordinary Shares (including
Class A Ordinary Shares represented by ADSs) were validly tendered (and not properly withdrawn) pursuant to the Offer, representing
approximately 73% of the outstanding Class A Ordinary Shares (including Class A Ordinary Shares represented by ADSs), excluding
8,215,616 ADSs held by Associates subject to the Standstill Agreement. The foregoing include a total of 17,529,697 ADSs tendered,
representing approximately 88% of the outstanding ADSs, excluding the ADSs held by the Associates. Purchaser has accepted for
payment, and expects to promptly pay for, all Class A Ordinary Shares and ADSs validly tendered (and not validly withdrawn) pursuant
to the Offer.
On January 29, 2021, both the Deposit
Agreement Termination and, following the Company’s filing of Form 25 with the SEC on January 19, 2021, the Delisting became
effective. As a result of the completion of the Deposit Agreement Termination/Delisting, the ADSs are no longer tradeable and
there is no longer any listing of any securities of the Company on any stock exchange in the United States or elsewhere.
Purchaser has commenced a subsequent offering
period as of 9:00 a.m. New York City time, on February 1, 2021, during which tenders of Class A Ordinary Shares and ADSs will
be accepted. The subsequent offering period will expire at 5:00 p.m., New York City time, on February 26, 2021, unless extended.
Any Class A Ordinary Shares and/or ADSs properly tendered during the subsequent offering period will be immediately accepted for
payment, and the holders of such Class A Ordinary Shares and/or ADSs will be promptly paid the same price per Class A Ordinary
Share and ADS, as applicable, that was paid in the initial offer period of the Offer. The application of cancellation fees payable
to the Depositary and/or stamp duty on transfer of Class A Ordinary Shares during the initial offer period will apply likewise
to the subsequent offering period. Class A Ordinary Shares and/or ADSs tendered during the subsequent offering period may not
be withdrawn. In
addition, no Class A Ordinary Shares and/or
ADSs validly tendered during the initial offer period may be withdrawn during the subsequent offering period.”
Item 9. EXHIBITS.
Item 9 of the Schedule 14D-9 is
hereby amended to include the following exhibit:
SIGNATURE
After due 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.
Dated: February 1, 2021
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Wanda Sports Group Company Limited
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By:
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/s/ Hengming Yang
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Name: Hengming Yang
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Title: Chief Executive Officer
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Signature page to Amendment No. 2 to Schedule
14-9
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