UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE TO
(Rule 14d-100)
TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR 13(E)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
COCA-COLA HELLENIC BOTTLING COMPANY S.A.
(Name of Subject Company (Issuer))
COCA-COLA HBC AG
KAR-TESS HOLDING
(Name of Filing Persons (Offerors))
Ordinary
shares of nominal value €1.01 per ordinary share
American depositary shares (ADSs), each ADS representing one ordinary share
(Title of Classes of Securities)
GRS104003009 (Ordinary Shares)
(ISIN of Class of Securities)
1912EP104 (American Depositary Shares, each representing one Ordinary Share)
(CUSIP Number of Class of Securities)
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Robert R. Rudolph Director Coca-Cola HBC AG Baarerstrasse 14 CH-6300 Zug Switzerland +41 41 561 32 43 |
Danielle Schroeder Director Kar-Tess Holding 21, Boulevard de la Petrusse L-2320 Luxembourg +352 48 81 81 310 |
(Name, address, and telephone numbers of person authorized to receive
notices and communications on behalf of filing persons)
Copies to:
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Jan Gustavsson, Esq. General Counsel, Director of Strategic Development and Company Secretary Coca-Cola Hellenic Bottling Company S.A. 9 Fragoklissias Street 151 25 Maroussi, Athens, Greece Tel. No.: 011-30-210-618-3137 |
George H. White, Esq. Sullivan & Cromwell LLP 1 New Fetter Lane London EC4A 1AN United Kingdom Tel. No.: 011-44-20-7959-8900 |
Thomas N. O'Neill III, Esq. Linklaters LLP One Silk Street London EC2Y 8HQ United Kingdom Tel. No.: 011-44-20-7456-2000 |
Bruce C. Bennett, Esq. Covington & Burling LLP The New York Times Building 620 Eighth Avenue New York, NY 10018 Tel. No.: (212) 841-1000 |
CALCULATION OF FILING FEE:
Transaction Valuation* |
Amount of Filing Fee** |
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---|---|---|
$4,228,065,571 | $117,066.36 | |
Amount Previously Paid: | $459,641.78 | Form or Registration No.: | 333-184685 | |||
Filing Party: | Coca-Cola HBC AG | Date Filed: | November 1, 2012 | |||
Check the appropriate boxes below to designate any transactions to which the statement relates:
Check the following box if the filing is a final amendment reporting the results of the tender offer: o
If applicable, check the appropriate box(es) below to designate the appropriate rule provision(s) relied upon:
This Tender Offer Statement filed on Schedule TO (this "Schedule TO") is being filed by Coca-Cola HBC AG, a Swiss Aktiengesellschaft/société anonyme ("Coca-Cola HBC"), and Kar-Tess Holding, a société à responsabilité limitée organized under the laws of Luxembourg and currently the sole shareholder of Coca-Cola HBC. This Schedule TO relates to the offer by Coca-Cola HBC to acquire all of the ordinary shares ("Coca-Cola Hellenic Shares") of Coca-Cola Hellenic Bottling Company S.A., a Greek corporation ("Coca-Cola Hellenic"), including Coca-Cola Hellenic Shares represented by Coca-Cola Hellenic American depositary shares ("Coca-Cola Hellenic ADSs"), that Coca-Cola HBC does not hold directly or indirectly (the "Exchange Offer"). The Exchange Offer is comprised of the U.S. offer and the Greek offer. The U.S. offer comprises an offer made pursuant to the offer to exchange/prospectus, dated March 19, 2013 (the "Offer to Exchange/Prospectus"), and the related declarations of acceptance and letters of transmittal to (i) all holders of Coca-Cola Hellenic Shares located in the United States and (ii) all holders of Coca-Cola Hellenic ADSs, wherever located. The Greek offer comprises an offer to exchange one Coca-Cola Hellenic Share for one ordinary share of Coca-Cola HBC made pursuant to separate Greek offer documentation available to holders of Coca-Cola Hellenic Shares located outside the United States in accordance with local laws and regulations applicable to such holders. Unless otherwise defined herein, capitalized terms used in this Schedule TO shall have the meaning given to them in the Offer to Exchange/Prospectus.
The Offer to Exchange/Prospectus and the related declarations of acceptance and letters of transmittal form part of Coca-Cola HBC's Registration Statement on Form F-4 (Reg. No. 333-184685) filed with the Securities and Exchange Commission on November 1, 2012, as amended on December 4, 2012, December 17, 2012, December 19, 2012, February 26, 2013, and March 6, 2013 (the "Registration Statement"). The Registration Statement became effective on March 11, 2013.
The information set forth in the Offer to Exchange/Prospectus and the related declarations of acceptance and letters of transmittal is incorporated by reference in response to Items 1 through 11 of this Schedule TO, except for those items as to which information is specifically provided herein.
Item 7. Source and Amount of Funds or Other Consideration
Coca-Cola HBC currently does not have any alternative financing arrangements or plans to those set forth in the Offer to Exchange/Prospectus.
(a) Not applicable
Item 11. Additional information
(a) The information required by Item 1011(a)(3) of Regulation M-A is not applicable. Except as set forth in the Offer to Exchange/Prospectus, the Offerors are not aware of any filings, approvals or other actions by or with any governmental authority or administrative or regulatory agency that would be required for the completion of the Exchange Offer and would be material to a security holder's decision whether to exchange, sell or hold the securities. The information required by Item 1011(a)(5) of Regulation M-A is not applicable.
Exhibit No. | Description | |
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(a)(1)(i) | Offer to Exchange/Prospectus, dated March 19, 2013 (incorporated by reference to the Registration Statement). | |
(a)(1)(ii) | Form of Letter of Transmittal (incorporated by reference to Exhibit 99.1 to the Registration Statement). |
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Exhibit No. | Description | |
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(a)(1)(iii) | Declaration of Acceptance (incorporated by reference to Exhibit 99.2 to the Registration Statement). | |
(a)(1)(iv) | Letter to Clients for Tender of Coca-Cola Hellenic ADSs (incorporated by reference to Exhibit 99.3 to the Registration Statement). | |
(a)(1)(v) | Letter to Clients for Tender of Coca-Cola Hellenic Shares (incorporated by reference to Exhibit 99.4 to the Registration Statement). | |
(a)(1)(vi) | Letter to Brokers (incorporated by reference to Exhibit 99.5 to the Registration Statement). | |
(a)(1)(vii) | Press ReleaseAnnouncement of a voluntary share exchange offer made by Coca-Cola HBC AG to acquire the ordinary registered shares of Coca-Cola Hellenic Bottling Company S.A. and to establish a premium listing of the Coca-Cola Hellenic Group on the London Stock Exchange (incorporated by reference to the filing made by Coca-Cola HBC AG on October 11, 2012, pursuant to Rule 425 under the Securities Act of 1933, as amended). | |
(a)(1)(viii) | Stock Exchange Announcement (incorporated by reference to the filing made by Coca-Cola HBC AG on October 15, 2012, pursuant to Rule 425 under the Securities Act of 1933, as amended). | |
(a)(1)(ix) | Letter to employee share purchase plan participants (incorporated by reference to the filing made by Coca-Cola HBC AG on October 17, 2012, pursuant to Rule 425 under the Securities Act of 1933, as amended). | |
(a)(1)(x) | Letter to employee share incentive plan participants (incorporated by reference to the filing made by Coca-Cola HBC AG on October 17, 2012, pursuant to Rule 425 under the Securities Act of 1933, as amended). | |
(a)(1)(xi) | Q&A for ESPP and ESIP plan participants (incorporated by reference to the filing made by Coca-Cola HBC AG on October 17, 2012, pursuant to Rule 425 under the Securities Act of 1933, as amended). | |
(a)(1)(xii) | Q&ATransaction update (incorporated by reference to the filing made by Coca-Cola HBC AG on November 13, 2012, pursuant to Rule 425 under the Securities Act of 1933, as amended). | |
(a)(1)(xiii) | Press announcementUpdate on the announced voluntary share exchange offer (incorporated by reference to the filing made by Coca-Cola HBC AG on January 9, 2013, pursuant to Rule 425 under the Securities Act of 1933, as amended). | |
(a)(1)(xiv) | Q&ATransaction Timeline (incorporated by reference to the filing made by Coca-Cola HBC AG on January 9, 2013, pursuant to Rule 425 under the Securities Act of 1933, as amended). | |
(a)(1)(xv) | Q&ATransaction Update (incorporated by reference to the filing made by Coca-Cola HBC AG on February 14, 2013, pursuant to Rule 425 under the Securities Act of 1933, as amended). | |
(a)(1)(xvi) | Q&ATermination of Shareholders' & Relationship Agreements, Non Renewal of Tender Commitments and Extension of Financing Arrangements (incorporated by reference to the filing made by Coca-Cola HBC AG on February 22, 2013, pursuant to Rule 425 under the Securities Act of 1933, as amended). | |
(a)(1)(xvii) | Press announcementUpdate on the announced voluntary share exchange offer (incorporated by reference to the filing made by Coca-Cola HBC AG on February 22, 2013, pursuant to Rule 425 under the Securities Act of 1933, as amended). |
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Exhibit No. | Description | |
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(a)(1)(xviii) | Press announcementCoca-Cola HBC AG Approval of prospectus regarding admission to trading on the premium segment of the London Stock Exchange and public offering (incorporated by reference to the filing made by Coca-Cola HBC AG on March 7, 2013, pursuant to Rule 425 under the Securities Act of 1933, as amended). | |
(a)(1)(xix) | Q&AApproval of the UK Prospectus, March 7th announcement (incorporated by reference to the filing made by Coca-Cola HBC AG on March 7, 2013, pursuant to Rule 425 under the Securities Act of 1933, as amended). | |
(a)(1)(xx) | Press AnnouncementCoca-Cola HBC AG has received all requisite regulatory approvals for the commencement of the acceptance period (incorporated by reference to the filing made by Coca-Cola HBC AG on March 13, 2013, pursuant to Rule 425 under the Securities Act of 1933, as amended). | |
(a)(1)(xxi) | Exchange Offer Q&A (incorporated by reference to the filing made by Coca-Cola HBC AG on March 19, 2013, pursuant to Rule 425 under the Securities Act of 1933, as amended). | |
(a)(2) | None. | |
(a)(3) | None. | |
(a)(4)(i) | Offer to Exchange/Prospectus, dated March 19, 2013 (incorporated by reference to the Registration Statement). | |
(a)(4)(ii) | Form of receipt included in the form of Deposit Agreement (incorporated by reference to Exhibit (a) to Amendment No. 1 to the registration statement on Form F-6 (Registration No. 333-185536), filed by Coca-Cola HBC on March 8, 2013). | |
(a)(5)(i) | Schedule 13D (Commission file number 005-78794) filed by Coca-Cola HBC AG and others on October 22, 2012. | |
(a)(5)(ii) | Schedule 13D/A (Commission file number 005-78794) filed by Coca-Cola HBC AG and others on February 25, 2013. | |
(a)(5)(iii) | Schedule 13D/A (Commission file number 005-78794) filed by Kar-Tess Holding and others on March 7, 2013. | |
(a)(5)(iv) | UKLA Prospectus (incorporated by reference to the filing made by Coca-Cola HBC AG on March 7, 2013, pursuant to Rule 425 under the Securities Act of 1933, as amended). | |
(a)(5)(v) | English translation of the Greek language Information Circular regarding the Voluntary Tender Offer made by Coca-Cola HBC AG to the shareholders of Coca-Cola Hellenic Bottling Company S.A. for the acquisition of all Ordinary Registered Shares of Coca-Cola Hellenic Bottling Company S.A. in consideration of one new Ordinary Share of Coca-Cola HBC AG for each Ordinary Share of Coca-Cola Hellenic Bottling Company S.A. (incorporated by reference to the filing made by Coca-Cola HBC AG on March 19, 2013, pursuant to Rule 425 under the Securities Act of 1933, as amended). | |
(b)(1) | €550,000,000 Statutory Buy-Out Facility Agreement, dated October 11, 2012, between Coca-Cola HBC AG and Citigroup Global Markets Limited; Credit Suisse AG, London Branch; Citibank N.A., London Branch; ING Bank N.V., Dublin Branch; and ING Bank N.V., London Branch (incorporated by reference to Exhibit 10.1 to the Registration Statement). | |
(b)(2) | €500,000,000 Bond Bridge Facility Agreement, dated October 11, 2012, between Coca-Cola HBC AG and Citigroup Global Markets Limited; Credit Suisse AG, London Branch; ING Bank N.V.; Citibank, N.A., London Branch; Credit Suisse AG, London Branch; ING Bank N.V., Dublin Branch; and ING Bank N.V., London Branch (incorporated by reference to Exhibit 10.2 to the Registration Statement). |
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Exhibit No. | Description | |
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(b)(3) | Letter of Amendment, dated as of February 20, 2013, to €550,000,000 Statutory Buy-Out Facility Agreement, dated October 11, 2012, between Coca-Cola HBC AG and Citigroup Global Markets Limited; Credit Suisse AG, London Branch; Citibank N.A., London Branch; ING Bank N.V., Dublin Branch; and ING Bank N.V., London Branch (incorporated by reference to Exhibit 10.3 to the Registration Statement). | |
(b)(4) | Letter of Amendment, dated as of February 20, 2013, to €500,000,000 Bond Bridge Facility Agreement, dated October 11, 2012, between Coca-Cola HBC AG and Citigroup Global Markets Limited; Credit Suisse AG, London Branch; ING Bank N.V.; Citibank, N.A., London Branch; Credit Suisse AG, London Branch; ING Bank N.V., Dublin Branch; and ING Bank N.V., London Branch (incorporated by reference to Exhibit 10.4 to the Registration Statement). | |
(d)(1) | Shareholders' Agreement, dated November 3, 1999, by and among The Coca-Cola Export Corporation, Barlan, Inc., Atlantic Industries, Coca-Cola Overseas Parent Limited, Refreshment Product Services, Inc., Kar-Tess Holding, Boval S.A. and Socomex S.A. (incorporated by reference to the Registration Statement on Form F-1 of Coca-Cola Hellenic Bottling Company S.A. (Reg. No. 333-99787) filed on September 18, 2002). | |
(d)(2) | Amendment to the Shareholders' Agreement of November 3, 1999, dated March 3, 2000, by and among The Coca-Cola Export Corporation, Barlan, Inc., Atlantic Industries, Coca-Cola Overseas Parent Limited, Refreshment Product Services, Inc., Kar-Tess Holding, Boval S.A. and Socomex S.A. (incorporated by reference to the Registration Statement on Form F-1 of Coca-Cola Hellenic Bottling Company S.A. (Reg. No. 333-99787) filed on September 18, 2002). | |
(d)(3) | Amendment to the Shareholders' Agreement of November 3, 1999, as initially amended on March 3, 2000, dated August 7, 2003, by and among The Coca-Cola Export Corporation, Barlan, Inc., Atlantic Industries, Coca-Cola Overseas Parent Limited, Refreshment Product Services, Inc., Kar-Tess Holding, Boval S.A. and Socomex S.A. (incorporated by reference to the Registration Statement on Form F-4 of Coca-Cola HBC Finance B.V. and Coca-Cola Hellenic Bottling Company S.A. (Reg. No. 333-110475) filed with the SEC on November 13, 2003). | |
(d)(4) | Relationship Agreement dated August 29, 2000, by and among The Coca-Cola Export Corporation, Barlan, Inc., Atlantic Industries, Coca-Cola Overseas Parent Limited, Refreshment Product Services, Inc., Kar-Tess Holding, Boval S.A., Socomex S.A. and Hellenic Bottling Company S.A. (subsequently Coca-Cola Hellenic Bottling Company S.A.) (incorporated by reference to the Registration Statement on Form F-1 of Coca-Cola Hellenic Bottling Company S.A. (Reg. No. 333-99787) filed on September 18, 2002). | |
(d)(5) | Amended and Restated Shareholders' Agreement, dated December 29, 2008, by and among The Coca-Cola Export Corporation, Barlan Inc., Atlantic Industries, Coca-Cola Overseas Parent Ltd., Refreshment Product Services Inc., CCHBC Grouping, Inc. and Kar-Tess Holding (incorporated by reference to the Annual Report on Form 20-F of Coca-Cola Hellenic Bottling Company S.A. for the year ended 31 December 2008 (File number 001-31466) filed on June 30, 2009). | |
(d)(6) | Letter Agreement Regarding Termination of Shareholders' Agreement and Relationship Agreement, dated as of February 21, 2013, by and among Coca-Cola HBC AG, Coca-Cola Hellenic Bottling Company S.A., Kar-Tess Holding, The Coca-Cola Company, the Coca-Cola Export Corporation, Barlan, Inc., Atlantic Industries, Coca-Cola Overseas Parent Ltd., Refreshment Product Services and CCHBC Grouping, Inc. (incorporated by reference to Exhibit 10.6 to the Registration Statement). |
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Exhibit No. | Description | |
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(d)(7) | Letter from The Coca-Cola Company, dated October 7, 2012, regarding the extension of the term of the bottlers' agreements (incorporated by reference to Exhibit 10.5 to the Registration Statement). | |
(g) | None. | |
(h)(1) | Opinion of Ernst & Young Business Advisory Solutions SA with respect to material Greek tax consequences of the transaction (incorporated by reference to Exhibit 8.1 to the Registration Statement). | |
(h)(2) | Opinion of Sullivan & Cromwell LLP with respect to material U.S. tax consequences of the transaction (incorporated by reference to Exhibit 8.2 to the Registration Statement). | |
(h)(3) | Opinion of Bär and Karrer with respect to material Swiss tax consequences of the transaction (incorporated by reference to Exhibit 8.3 to the Registration Statement). |
Item 13. Information Required by Schedule 13E-3.
Not applicable.
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After due inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Coca-Cola HBC AG | ||||
By: |
/s/ ROBERT RYAN RUDOLPH Name: Robert Ryan Rudolph Title: Director and Principal Executive, Financial and Accounting Officer Date: March 19, 2013 |
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Kar-Tess Holding |
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By: |
/s/ DANIELLE SCHROEDER Name: Danielle Schroeder Title: Director Date: March 19, 2013 |
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By: |
/s/ ROBERT RYAN RUDOLPH Name: Robert Ryan Rudolph Title: Director Date: March 19, 2013 |