CREDICORP LTD — Major Shareholding Notification 2009

Feb 18, 2009

SC 13G 1 v140627_13g.htm Unassociated Document Licensed to: Vintage Filings Document Created using EDGARizer 4.0.6.4 Copyright 1995 - 2008 EDGARfilings, Ltd., an IEC company. All rights reserved

Page 1 of 6

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

Credicorp Ltd.

---

(Name of Issuer)

Common Shares

---

(Title of Class of Securities)

G2519Y 10 8

---

(CUSIP Number)

N/A

---

(Date of Event Which Requires Filing of this Statement)

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

[ ] Rule 13d-1(b)

[X] Rule 13d-1(c)

[ ] 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 (“Act”) 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. G2519Y 10 8 Page 2 of 6

| 1 | Names
of Reporting Persons/I.R.S. Identification Nos. of Above Persons (Entities
Only) Atlantic
Security Holding Corporation | |
| --- | --- | --- |
| 2 | Check
the Appropriate Box if a Member of a
Group (a) : o (b) : o | |
| 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 14,620,845 |
| | 6 | Shared
Voting Power 0 |
| | 7 | Sole
Dispositive Power 14,620,845 |
| | 8 | Shared
Dispositive Power 0 |
| 9 | Aggregate
Amount Beneficially Owned by Each Reporting Person 14,620,845 | |
| 10 | Check
if the Aggregate Amount in Row (9) Excludes Certain Shares | |
| 11 | Percent
of Class Represented by Amount in Row (9) 15.5% | |
| 12 | Type
of Reporting Person (See Instructions) CO | |

CUSIP No. G2519Y 10 8 Page 3 of 6

Item 1(a). Name of Issuer :

Credicorp Ltd.

Item 1(b). Address of Issuer’s Principal Executive Offices:

Clarendon House

Church Street

Hamilton HM11 Bermuda

Item 2(a). Name of Persons Filing:

Atlantic Security Holding Corporation

Item 2(b). Address of Principal Business Office or if None, Residence:

Atlantic Security Holding Corp.

Calle 50 y Aquilino de la Guardia

Torre Banco Continental Pisos 28 29

Panama, Republic of Panama

Item 2(c). Citizenship:

See Item 4 on Page 2

Item 2(d). Title of Class of Securities:

Common Shares

Item 2(e). Cusip Number:

G2519Y 10 8

Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a:

Not Applicable.

(a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o)

CUSIP No. G2519Y 10 8 Page 4 of 6

| (b) | [
] | Bank
as defined in Section 3(a)(6) of the Act (15 U.S.C.
78c) |
| --- | --- | --- |
| (c) | [
] | Insurance
Company as defined in Section 3(a)(19) of the Act (15 U.S.C.
78c) |
| (d) | [
] | Investment
company registered under Section 8 of the Investment Company Act of 1940
(15 U.S.C. 80a-8) |
| (e) | [
] | An
investment adviser in accordance with
§240.13d-1(b)(1)(ii)(E) |
| (f) | [
] | An
employee benefit plan or endowment fund in accordance with
§240.13d-1(b)(1)(ii)(F) |
| (g) | [
] | A
parent holding company or control person in accordance with
§240.13d-1(b)(ii)(G) |
| (h) | [
] | A
savings associations as defined in Section 3(b) of
the Federal Deposit Insurance Act |
| (i) | [
] | 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) | [
] | Group,
in accordance with
§240.13d-1(b)(1)(ii)(J) |

ITEM 4. Ownership

(a) Amount Beneficially Owned:

See Item 9 on Page 2

(b) Percent of Class:

See Item 11 on Page 2

(c) Number of shares as to which such person has:

(i) Sole power to vote or to direct the vote:

See Item 5 on Page 2

(ii) Shared power to vote or to direct the vote:

See Item 6 on Page 2

CUSIP No. G2519Y 10 8 Page 5 of 6

(iii) Sole power to dispose or to direct the disposition of:

See Item 7 on Page 2

(iv) Shared power to dispose or to direct the disposition of:

See Item 8 on Page 2

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 which Acquired the Security Being Reported on 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 Group

Not Applicable

Item 10. Certification

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

CUSIP No. G2519Y 10 8 Page 6 of 6

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.

| February
17, 2009 |
| --- |
| (Date) |
| Atlantic
Security Holding Corporation |
| By: /s/ Alvaro
Correa |
| Name:
Alvaro Correa |
| Title: Authorized
Signatory |