SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

 

 

SCHEDULE 14D-9

(RULE 14d-101)

 

(Amendment No. 30)

 

SOLICITATION/RECOMMENDATION STATEMENT

UNDER SECTION 14(D)(4) OF THE SECURITIES EXCHANGE ACT OF 1934

 

 

 

SYNGENTA AG

(Name of Subject Company)

 

 

 

 

SYNGENTA AG

(Name of Person(s) Filing Statement)

 

 

 

Common shares, nominal value CHF 0.10 per share (“Common Shares”)
American Depositary Shares (“ADSs”), each representing one-fifth of a Common
Share of Syngenta AG, nominal value CHF 0.10 per share

(Title of Class of Securities)

 

CH0011037469 (Common Shares)

87160A100 (ADSs)

(CUSIP Number of Class of Securities)

 

 

 

Christoph Mäder

Group General Counsel

Syngenta International AG

P.O. Box

CH-4002 Basel, Switzerland

+41 61 323 1111

 

(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications on Behalf of the Person(s) Filing Statement)

 

With copies to:

 

Louis L. Goldberg

H. Oliver Smith

Davis Polk & Wardwell LLP

450 Lexington Avenue

New York, NY 10017

(212) 450-4000

 

Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

 

 

This Amendment No. 30 to Schedule 14D-9 (this “ Amendment ”) amends and supplements the Solicitation/Recommendation Statement on Schedule 14D-9 originally filed with the United States Securities and Exchange Commission (the “ SEC ”) on March 23, 2016 (together with the Exhibits and Annexes thereto and as amended or supplemented hereby and from time to time, the “ Schedule 14D-9 ”) by Syngenta AG, a Swiss corporation ( Aktiengesellschaft ) with registered office in Basel, Switzerland (the “ Company ”). The Schedule 14D-9 relates to a tender offer by CNAC Saturn (NL) B.V. (the “ Offeror ”), a private company with limited liability (B.V. or “ Besloten Vennootschap met beperkte aansprakelijkheid ”) organized under the laws of The Netherlands, that is an indirect wholly-owned subsidiary of China National Chemical Corporation, a state-owned enterprise organized under the laws of the People’s Republic of China (“ ChemChina ”), to purchase (i) up to 100% of the issued and outstanding publicly held registered shares ( Namenaktien ), with a nominal value of 0.10 Swiss francs per share, of the Company (collectively the “ Common Shares ” and each a “ Common Share ”) that are held by residents in the United States (“ U.S. ”), including holders who are “U.S. holders” (as that term is defined under instruction 2 to paragraphs (c) and (d) of Rule 14d-1 under the U.S. Securities Exchange Act of 1934, as amended), and (ii) up to 100% of the outstanding American Depositary Shares of the Company, issued by The Bank of New York Mellon acting as depositary, each representing one-fifth of a Common Share, of the Company (collectively the “ ADSs ” and each an “ ADS ”) from all holders, wherever located, for $465.00 per Common Share, and $93.00 per ADS, in each case, in cash, without interest, payable in U.S. dollars, and less the amount of any fees, expenses and withholding taxes that may be applicable (including, in the case of ADSs, a fee of $0.05 per ADS for the cancellation of tendered ADSs), upon the terms and subject to the conditions set forth in the U.S. Offer to Purchase, dated March 23, 2016, and in the related Common Share Acceptance Letter or the ADS Letter of Transmittal, as applicable, contained in the Tender Offer Statement on Schedule TO, dated March 23, 2016 filed by ChemChina and the Offeror with the SEC on March 23, 2016, as amended or supplemented from time to time.

 

Capitalized terms used, but not otherwise defined, in this Amendment shall have the meanings ascribed to them in the Schedule 14D-9.

 

ITEM 2. IDENTITY AND BACKGROUND OF THE FILING PERSON.

 

The following is hereby added as a new paragraph at the end of Section (b) “Tender Offer”:

 

“The Subsequent Offer Period (as defined in the Offer to Purchase) expired at 10:00 a.m., New York City time, on May 24, 2017. On May 25, 2017, ChemChina and the Offeror announced the provisional end results of the Offers. At the end of the Subsequent Offer Period, based on preliminary numbers, a total of 85,133,393 Common Shares (including those represented by ADSs) (approximately 92.2% of the Common Shares (including those represented by ADSs)) had been tendered and not withdrawn pursuant to the Offers. The definitive end results of the Offers are scheduled to be announced on May 31, 2017. ChemChina and the Offeror expect the Second Settlement (as defined in the Offer to Purchase) to occur on June 7, 2017. At the Second Settlement, all Common Shares and ADSs that were validly tendered between the end of the Main Offer Period and the end of the Subsequent Offer Period will be accepted for payment by the Offeror.”

 

ITEM 9. EXHIBITS.

 

The following is hereby added to the list of exhibits, following Exhibit No. (a)(1)(DD) “Media Release by Syngenta International AG dated May 18, 2017 (incorporated by reference to the Company's Current Report on Form 6-K, filed on May 18, 2017).”:

 

Exhibit No. 

Description 

(a)(1)(EE) Media Release by Syngenta International AG dated May 25, 2017 (incorporated by reference to the Company’s Current Report on Form 6-K, filed on May 25, 2017).

 

 

SIGNATURE

 

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Amendment is true, complete and correct.

 

  SYNGENTA AG
   
   
  By:    /s/ Christoph Mäder
    Name:     Christoph Mäder
    Title: Group General Counsel

 

Dated: May 25, 2017

 

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