UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934  

 

NOBLE CORPORATION PLC

(Name of Issuer)

Ordinary Shares

(Title of Class of Securities)

G65431101

(CUSIP Number)

September 8, 2017

(Date of Event That Requires Filing of This Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1 (b)

x Rule 13d-1 (c)

o Rule 13d-1 (d)

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes ).

 
 
CUSIP No. G65431101 SCHEDULE 13G PAGE 2 OF 9

 

1.

NAMES OF REPORTING PERSONS

Ryan Heslop

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a) o

(b) x

3. SEC USE ONLY
4.

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF SHARES BENEFICIALLY OWNED BY

EACH REPORTING PERSON WITH

5.

SOLE VOTING POWER

0

6.

SHARED VOTING POWER

12,246,200

7.

SOLE DISPOSITIVE POWER

0

8.

SHARED DISPOSITIVE POWER

12,246,200

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

12,246,200

10.

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES o

(SEE INSTRUCTIONS)

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.0% (1)

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IN

         

(1) Based on 244,903,025 ordinary shares of the Company outstanding as of July 25, 2017.

 
 
CUSIP No. G65431101 SCHEDULE 13G PAGE 3 OF 9

 

1.

NAMES OF REPORTING PERSONS

Ariel Warszawski

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a) o

(b) x

3. SEC USE ONLY
4.

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF SHARES BENEFICIALLY OWNED BY

EACH REPORTING PERSON WITH

5.

SOLE VOTING POWER

0

6.

SHARED VOTING POWER

12,246,200

7.

SOLE DISPOSITIVE POWER

0

8.

SHARED DISPOSITIVE POWER

12,246,200

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

12,246,200

10.

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES o

(SEE INSTRUCTIONS)

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.0% (1)

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IN

         

(1) Based on 244,903,025 ordinary shares of the Company outstanding as of July 25, 2017.

 
 
CUSIP No. G65431101 SCHEDULE 13G PAGE 4 OF 9

 

1.

NAMES OF REPORTING PERSONS

Firefly Value Partners, LP

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a) o

(b) x

3. SEC USE ONLY
4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY

EACH REPORTING PERSON WITH

5.

SOLE VOTING POWER

0

6.

SHARED VOTING POWER

12,246,200

7.

SOLE DISPOSITIVE POWER

0

8.

SHARED DISPOSITIVE POWER

12,246,200

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

12,246,200

10.

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES o

(SEE INSTRUCTIONS)

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.0% (1)

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

PN, IA

         

(1) Based on 244,903,025 ordinary shares of the Company outstanding as of July 25, 2017.

 
 
CUSIP No. G65431101 SCHEDULE 13G PAGE 5 OF 9

 

1.

NAMES OF REPORTING PERSONS

FVP GP, LLC

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a) o

(b) x

3. SEC USE ONLY
4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY

EACH REPORTING PERSON WITH

5.

SOLE VOTING POWER

0

6.

SHARED VOTING POWER

12,246,200

7.

SOLE DISPOSITIVE POWER

0

8.

SHARED DISPOSITIVE POWER

12,246,200

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

12,246,200

10.

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES o

(SEE INSTRUCTIONS)

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.0% (1)

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

OO

         

(1) Based on 244,903,025 ordinary shares of the Company outstanding as of July 25, 2017.

 
 
CUSIP No. G65431101 SCHEDULE 13G PAGE 6 OF 9

 

1.

NAMES OF REPORTING PERSONS

Firefly Management Company GP, LLC

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a) o

(b) x

3. SEC USE ONLY
4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY

EACH REPORTING PERSON WITH

5.

SOLE VOTING POWER

0

6.

SHARED VOTING POWER

12,246,200

7.

SOLE DISPOSITIVE POWER

0

8.

SHARED DISPOSITIVE POWER

12,246,200

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

12,246,200

10.

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES o

(SEE INSTRUCTIONS)

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.0% (1)

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

OO

         

(1) Based on 244,903,025 ordinary shares of the Company outstanding as of July 25, 2017.

 
 
CUSIP No. G65431101 SCHEDULE 13G PAGE 7 OF 9

 

1.

NAMES OF REPORTING PERSONS

FVP Master Fund, L.P.

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a) o

(b) x

3. SEC USE ONLY
4.

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY

EACH REPORTING PERSON WITH

5.

SOLE VOTING POWER

0

6.

SHARED VOTING POWER

12,246,200

7.

SOLE DISPOSITIVE POWER

0

8.

SHARED DISPOSITIVE POWER

12,246,200

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

12,246,200

10.

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES o

(SEE INSTRUCTIONS)

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.0% (1)

12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

PN

         

(1) Based on 244,903,025 ordinary shares of the Company outstanding as of July 25, 2017.

 
 
CUSIP No. G65431101 SCHEDULE 13G PAGE 8 OF 9
     

Item 1(a).   Name of Issuer:
     
    Noble Corporation plc
     
Item 1(b).   Address of Issuer’s Principal Executive Offices:
     
   

Devonshire House, 1 Mayfair Place

London, England, W1J8AJ

     
Item 2(a).   Name of Person(s) Filing:
     
    This statement (the “Statement”) is being filed by: (i) FVP Master Fund, L.P., a Cayman Islands exempted limited partnership (“FVP Master Fund”), (ii) Firefly Value Partners, LP, a Delaware limited partnership (“Firefly Partners”), which serves as the investment manager of FVP Master Fund, (iii) FVP GP, LLC, a Delaware limited liability company (“FVP GP”), which serves as the general partner of FVP Master Fund, (iv) Firefly Management Company GP, LLC, a Delaware limited liability company (“Firefly Management”), which serves as the general partner of Firefly Partners, and (v) Messrs. Ryan Heslop and Ariel Warszawski, the managing members of FVP GP and Firefly Management (all of the foregoing, collectively, “Reporting Persons”). FVP Master Fund is a private investment vehicle formed for the purpose of investing and trading in a wide variety of securities and financial instruments. FVP Master Fund directly owns all of the shares reported in this Statement. Messrs. Heslop and Warszawski, Firefly Partners, Firefly Management and FVP GP may be deemed to share with FVP Master Fund voting and dispositive power with respect to such shares.
     
Item 2(b).   Address of Principal Business Office, or, if None, Residence:
     
   

The Principal Business Office of FVP Master Fund is:

c/o dms Corporate Services, Ltd.

P.O. Box 1344

dms House

20 Genesis Close

Grand Cayman, KY1-1108

Cayman Islands

 

The Principal Business Officer of Messrs. Heslop and Warszawski, Firefly Partners, FVP GP and Firefly Management is:

 

601 West 26th Street, Suite 1520

New York, NY 10001

     
Item 2(c).   Citizenship:
     
    For citizenship information see Item 4 of the cover sheet of each Reporting Person.
     
Item 2(d).   Title of Class of Securities:
     
    Ordinary Shares

 
 
CUSIP No. G65431101 SCHEDULE 13G PAGE 9 OF 9
     

Item 2(e).   CUSIP Number:
     
    G65431101
     
Item 3.   If This Statement is Filed Pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a:

  (a) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o)
  (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c)
  (c) o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c)
  (d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8)
  (e) x An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E)
  (f) o An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F)
  (g) o A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G)
  (h) o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813)
  (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3)
  (j) o Group, in accordance with 240.13d-1(b)(1)(ii)(J)
     
Item 4.   Ownership:
     
    See Items 5-9 and 11 on the cover page for each Reporting Person, and Item 2. The percentage ownership of each Reporting Person is based on 244,903,025 ordinary shares outstanding as of July 25, 2017, as reported in the Issuer's quarterly report on Form 10-Q filed on August 4, 2017.

Item 5.   Ownership of Five Percent or Less of a Class.
     
    Not Applicable
     
Item 6.   Ownership of More than Five Percent on Behalf of Another Person.
     
    Not Applicable.
     
Item 7.   Identification and Classification of the Subsidiary That Acquired the Security Being Reported by the Parent Holding Company or Control Person.
     
    Not Applicable
     
Item 8.   Identification and Classification of Members of the Group.
     
    Not Applicable
     
Item 9.   Notice of Dissolution of the Group.
     
    Not Applicable
     
Item 10.   Certification:
     
    Not Applicable
 
 

SIGNATURE

After reasonable 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.

       

Date: September 18, 2017

/s/ Ryan Heslop  
 

Ryan Heslop

     
  Ariel Warszawski
  Firefly Value Partners, LP
  FVP GP, LLC
  Firefly Management Company GP, LLC
  FVP Master Fund, L.P.
     

Date: September 18, 2017

By:  /s/ Ariel Warszawski   
  Ariel Warszawski, for himself and as Managing Member
  of FVP GP (for itself and as general partner of FVP Master
  Fund) and Firefly Management (for itself and as general
  partner of Firefly Partners)
 
 

EXHIBIT INDEX

 

Exhibit No.   Document
99.1   Joint Filing Agreement, dated September 18, 2017, among Ryan Heslop, Ariel Warszawski, Firefly Value Partners, LP, FVP GP, LLC, Firefly Management Company GP, LLC and FVP Master Fund, L.P. to file this joint statement on Schedule 13G.
 
Noble (NYSE:NE)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Noble Charts.
Noble (NYSE:NE)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Noble Charts.