Amended Statement of Ownership: Solicitation (sc 14d9/a)
May 25 2017 - 9:43AM
Edgar (US Regulatory)
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
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☐
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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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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.
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Description
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(a)(1)(EE)
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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).
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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.
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SYNGENTA AG
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By:
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/s/ Christoph Mäder
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Name:
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Christoph Mäder
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Title:
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Group General Counsel
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Dated: May 25, 2017
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