UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington
,
DC 20549
SCHEDULE 14D-9/A
SOLICITATION/RECOMMENDATION STATEMENT
UNDER
SECTION 14(d)(4) OF THE SECURITIES EXCHANGE
ACT OF 1934
(Amendment No. 9)
ELSTER GROUP SE
(Name of Subject Company)
ELSTER GROUP SE
(Name of Person(s) Filing Statement)
Ordinary Shares, nominal value €1
per share
American Depositary Shares, each representing
one-fourth of one Ordinary Share
(Title of Class of Securities)
D24648 103
290348 101
(CUSIP Number of Class of Securities)
John D. Bluth
Elster Solutions, LLC
208 South Rogers Lane
Raleigh, NC 27610-2144
+1 (919) 212-4700
(Name, Address and Telephone Number of Person Authorized to Receive
Notice and Communications on Behalf of the Person(s) Filing Statement)
With a copy to:
A. Peter Harwich
|
Thomas Preute
|
Allen & Overy LLP
|
Chief Legal Officer
|
1221 Avenue of the Americas
|
Elster Group SE
|
New York, New York 10020
|
Frankenstrasse 362
|
+1 (212) 610-6300
|
45133 Essen, Germany
|
|
+49 201 54 58 0
|
¨
Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
This
Amendment No. 9 (this “
Amendment
”) amends and supplements the Solicitation/Recommendation
Statement on Schedule 14D-9 initially filed by Elster Group SE, a European public limited liability company (
Societas Europaea
,
or SE) with its registered seat in Germany (“
Elster
”) with the U.S. Securities
and Exchange Commission (the “
SEC
”) on July 9, 2012 and amended by Amendment
No. 1 to the Schedule 14D-9 filed with the SEC on July 10, 2012, Amendment No. 2 to the Schedule 14D-9 filed with the SEC on July
16, 2012, Amendment No. 3 to the Schedule 14D-9 filed with the SEC on July 17, 2012, Amendment No. 4 to the Schedule 14D-9 filed
with the SEC on July 24, 2012, Amendment No. 5 to the Schedule 14D-9 filed with the SEC on August 3, 2012, Amendment No. 6 to the
Schedule 14D-9 filed with the SEC on August 8, 2012, Amendment No. 7 to the Schedule 14D-9 filed with the SEC on August 15, 2012,
and Amendment No. 8 to the Schedule 14D-9 filed with the SEC on August 17, 2012 (as previously filed with the SEC, and as amended,
the “
Schedule 14D-9
”) relating to the cash tender offer by Mintford AG, a
stock corporation established under German law, registered in the commercial register of the local court of Düsseldorf, Germany,
under HRB 65980 (“
Bidder
”) and an indirect wholly owned subsidiary of Melrose
PLC, a public limited company incorporated under the laws of the United Kingdom and registered in England and Wales with registered
number 4763064 (“
Melrose
”), to purchase (i) all issued and outstanding American
Depositary Shares of Elster (“
ADSs
”), each representing one-fourth of one
ordinary share of Elster, nominal value €1 per share (“
Share
”) at a purchase
price of $20.50 per ADS (the “
ADS Offer Price
”), and (ii) all issued and outstanding
Shares (which are not otherwise represented by ADSs) at a purchase price of $82.00 per Share (the “
Share Offer Price
”,
the ADS Offer Price or the Share Offer Price, as applicable, the “
Offer Price
”),
in each case payable net to the seller in cash, without interest and subject to any withholding of taxes required by applicable
law. The tender offer is disclosed in the Tender Offer Statement on Schedule TO (together with the exhibits thereto, as it may
be amended or supplemented, the “
Schedule TO
”), filed by Bidder and Melrose
with the SEC on July 9, 2012, and is upon the terms and subject to the conditions set forth in the Offer to Purchase dated July
9, 2012 (as it may be amended or supplemented, the “
Offer to Purchase
”), and
in the Letter of Transmittal to Tender American Depositary Shares (as it may be amended or supplemented, the “
ADS
Letter of Transmittal
”) and the Letter of Transmittal to Tender Ordinary Shares (as it
may be amended or supplemented, the “
Share Letter of Transmittal
”, and, together
with the ADS Letter of Transmittal, the “
Letter of Transmittal
”, and such
Letter of Transmittal, together with the Offer to Purchase, the “
Offer
”),
copies of which were filed as Exhibits (a)(1)(A), (a)(1)(B), and (a)(1)(C), respectively, to the Schedule TO, and are incorporated
herein by reference. Any capitalized term used and not otherwise defined herein shall have the meaning ascribed to such term in
the Schedule 14D-9.
Except
as otherwise set forth below, the information set forth in the Schedule 14D-9 remains unchanged and is incorporated by reference
as relevant to the items in this Amendment. This Amendment is being filed to reflect certain updates as reflected below.
Item 8. Additional Information
Item 8 of the Schedule 14D-9 is hereby amended and supplemented
by adding the following at the end of Item 8 (as amended by Amendment No. 6 to the Schedule 14D-9 and Amendment No. 7 to the Schedule
14D-9):
“
Expiration of the Offer and Commencement
of a Subsequent Offering Period
The initial offering period of
the Offer expired at 12:00 midnight, New York City time, on August 22, 2012. On August 23, 2012, Melrose issued a press release
announcing that the tender agent has advised Melrose that, as of the expiration time of the Offer, approximately 99.35% of
the total share capital of Elster was tendered, which includes 17,412,069 Shares and 41,338,334 ADSs that had been validly tendered
and not validly withdrawn and an additional 1,162,322 ADSs tendered subject to guaranteed delivery procedures. Bidder has accepted
for payment, and expects to promptly pay for, all Securities validly tendered and not validly withdrawn on or prior to the expiration
time of the initial offering period of the Offer.
On August 23, 2012, Bidder commenced
a subsequent offering period for all remaining untendered Securities. The subsequent offering period will expire at 5:00 p.m.,
New York City time, on August 28, 2012, unless extended. Any such extension will be followed by a public announcement no later
than 9:00 a.m., New York City time, on the next business day after the subsequent offering period was scheduled to expire.
The same $82.00 per Share and
$20.50 per ADS in cash offered during the initial offering period of the Offer will be paid to Elster shareholders who tender their
Securities during the subsequent offering period. Bidder will immediately accept for payment all Securities validly tendered during
this subsequent offering period, and payment will be made promptly after acceptance in accordance with the terms of the Offer.
Procedures for tendering Securities during the subsequent offering period are the same as during the initial offering period with
two exceptions: (1) Securities cannot be tendered by the guaranteed delivery procedure, and (2) Securities tendered during the
subsequent offering period may not be withdrawn. Securities validly tendered during the initial offering period of the Offer may
not be withdrawn during the subsequent offering period.
The press release issued by Melrose
announcing the expiration of the Offer and the commencement of the subsequent offering period is filed as Exhibit (a)(5)(H) to
the Schedule TO and is incorporated herein by reference.”
Item 9. Exhibits
Item
9
of the Schedule 14D-9 is hereby amended and supplemented by adding the following exhibit.
Exhibit No.
|
|
Document
|
(a)(5)(I)
|
|
Press release issued by Melrose PLC on August 23, 2012 (incorporated by reference to Exhibit (a)(5)(H) to the Schedule TO).
|
SIGNATURES
After due inquiry and to the best of our
knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.
|
By:
|
/s/ Rainer Beaujean
|
|
|
|
|
Name:
|
Rainer Beaujean
|
|
|
|
|
Title:
|
Managing Director and Chief Financial Officer
|
|
|
|
|
Date:
|
August 23, 2012
|
|
|
|
|
By:
|
/s/ Thomas Preute
|
|
|
|
|
Name:
|
Thomas Preute
|
|
|
|
|
Title:
|
Managing Director and Chief Legal Officer
|
|
|
|
|
Date:
|
August 23, 2012
|
EXHIBIT INDEX
Exhibit No.
|
|
Document
|
(a)(5)(I)
|
|
Press release issued by Melrose PLC on August 23, 2012 (incorporated by reference to Exhibit (a)(5)(H) to the Schedule TO).
|
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