DBV Technologies S.A. — Major Shareholding Notification 2016

Feb 16, 2016

SC 13G/A 1 v431963_sc13ga.htm SC 13G/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2

**(Amendment No. 1) ***

DBV Technologies S.A.

(Name of Issuer)

Ordinary shares, nominal value €0.10 per share

(Title of Class of Securities)

23306J101

(CUSIP Number)

December 31, 2015

(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)

¨ Rule 13d-1(c)

x 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).

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CUSIP NO. 23306J101 Page 2 of 10 Pages

1	NAMES OF REPORTING PERSONS Sofinnova Capital V FCPR (“SC V”)
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ¨ (b) ý
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION France
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER 997,002 shares, except that Sofinnova Partners SAS, a French
corporation (“SP SAS”), the management company of SC V, may be deemed to have sole or shared power to vote these shares,
and Denis Lucquin (“Lucquin”), Antoine Papiernik (“Papiernik”), Rafaèle Tordjman (“Tordjman”)
and Monique Saulnier (“Saulnier”), the managing partners of SP SAS, may be deemed to have shared power to vote these
shares.
	6	SHARED VOTING POWER See row 5.
	7	SOLE DISPOSITIVE POWER 997,002 shares, except that SP SAS, the management company of
SC V, may be deemed to have sole or shared power to dispose of these shares, and Lucquin, Papiernik, Tordjman and Saulnier, the
managing partners of SP SAS, may be deemed to have shared power to dispose of these shares.
	8	SHARED DISPOSITIVE POWER See row 7.
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 997,002 shares
10	CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.3%
12	TYPE OF REPORTING PERSON (See Instructions) OO

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CUSIP NO. 23306J101 Page 3 of 10 Pages

| 1 | NAMES OF REPORTING
PERSONS Sofinnova Partners
SAS (“SP SAS”) |
| --- | --- |
| 2 | CHECK THE APPROPRIATE
BOX IF A MEMBER OF A GROUP (See Instructions) (a) ¨ (b) x |
| 3 | SEC USE ONLY |
| 4 | CITIZENSHIP OR PLACE
OF ORGANIZATION France |

| NUMBER
OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH | SOLE VOTING
POWER 997,002 shares, except that SC V, the holder of these shares, may be deemed to have sole or shared power
to vote these shares, and Lucquin, Papiernik, Tordjman and Saulnier, the managing partners of SP SAS, may be deemed to have shared
power to dispose of these shares. |
| --- | --- |
| 6 | SHARED VOTING
POWER See row 5. |
| 7 | SOLE DISPOSITIVE
POWER 997,002 shares, except that SC V, the holder of these shares, may be deemed to have sole or shared power
to dispose of these shares, and Lucquin, Papiernik, Tordjman and Saulnier, the managing partners of SP SAS, may be deemed to have
shared power to dispose of these shares. |
| 8 | SHARED DISPOSITIVE
POWER See row 7. |

| 9 | AGGREGATE AMOUNT
BENEFICIALLY OWNED BY EACH REPORTING PERSON 997,002 shares |
| --- | --- |
| 10 | CHECK IF THE
AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ¨ |
| 11 | PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (9) 4.3% |
| 12 | TYPE OF REPORTING
PERSON (See Instructions) OO |

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CUSIP NO. 23306J101 Page 4 of 10 Pages

1	NAMES OF REPORTING PERSONS Denis Lucquin (“Lucquin”)
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ¨ (b) ý
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION French Citizen
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER 0 Shares.
	6	SHARED VOTING POWER 997,002
shares that are owned by SC V . Lucquin may be
deemed to have shared power to vote these shares in his capacity as a managing partner of SP SAS, the management company of SC
V.
	7	SOLE DISPOSITIVE POWER 0 shares.
	8	SHARED DISPOSITIVE POWER 997,002
shares that are owned by SC V . Lucquin may be
deemed to have shared power to dispose of these shares in his capacity as a managing partner of SP SAS, the management company
of SC V.
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 997,002 shares
10	CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.3%
12	TYPE OF REPORTING PERSON (See Instructions) IN

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CUSIP NO. 23306J101 Page 5 of 10 Pages

1	NAMES OF REPORTING PERSONS Antoine Papiernik (“Papiernik”)
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ¨ (b) ý
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION French Citizen
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER 0 Shares.
	6	SHARED VOTING POWER 997,002
shares that are owned by SC V . Papiernik may be
deemed to have shared power to vote these shares in his capacity as a managing partner of SP SAS, the management company of SC
V.
	7	SOLE DISPOSITIVE POWER 0 shares.
	8	SHARED DISPOSITIVE POWER 997,002
shares that are owned by SC V . Papiernik may be
deemed to have shared power to dispose of these shares in his capacity as a managing partner of SP SAS, the management company
of SC V.
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 997,002 shares
10	CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.3%
12	TYPE OF REPORTING PERSON (See Instructions) IN

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CUSIP NO. 23306J101 Page 6 of 10 Pages

1	NAMES OF REPORTING PERSONS Rafaèle Tordjman (“Tordjman”)
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ¨ (b) ý
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION French Citizen
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER 0 Shares.
	6	SHARED VOTING POWER 997,002
shares that are owned by SC V . Tordjman may be
deemed to have shared power to vote these shares in her capacity as a managing partner of SP SAS, the management company of SC
V.
	7	SOLE DISPOSITIVE POWER 0 shares.
	8	SHARED DISPOSITIVE POWER 997,002
shares that are owned by SC V . Tordjman may be
deemed to have shared power to dispose of these shares in her capacity as a managing partner of SP SAS, the management company
of SC V.
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 997,002 shares
10	CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.3%
12	TYPE OF REPORTING PERSON (See Instructions) IN

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CUSIP NO. 23306J101 Page 7 of 10 Pages

1	NAMES OF REPORTING PERSONS Monique Saulnier (“Saulnier”)
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ¨ (b) ý
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION French Citizen
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER 0 Shares.
	6	SHARED VOTING POWER 997,002
shares that are owned by SC V . Saulnier may be
deemed to have shared power to vote these shares in her capacity as a managing partner of SP SAS, the management company of SC
V.
	7	SOLE DISPOSITIVE POWER 0 shares.
	8	SHARED DISPOSITIVE POWER 997,002
shares that are owned by SC V . Saulnier may be
deemed to have shared power to dispose of these shares in her capacity as a managing partner of SP SAS, the management company
of SC V.
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 997,002 shares
10	CHECK
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.3%
12	TYPE OF REPORTING PERSON (See Instructions) IN

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CUSIP NO. 23306J101 Page 8 of 10 Pages

Item 1 (a). Name of Issuer: DBV Technologies S.A.

Item 1 (b). Address of Issuer’s Principal Executive Offices: 177-181 avenue Pierre Brossolette, 92120 Montrouge, France.

Item 2 (a). Name of Person Filing: The persons and entities filing this Schedule 13G are Sofinnova Capital V FCPR (“SC V”), Sofinnova Partners SAS (“SP SAS”), and Denis Lucquin (“Lucquin”), Antoine Papiernik (“Papiernik”), Rafaèle Tordjman (“Tordjman”) and Monique Saulnier (“Saulnier”), the managing partners of SP SAS (together with SC V and SP SAS, the “Filing Persons”). SP SAS is the management company of SC V.

Item 2 (b). Address of Principal Business Office or, if none, Residence: The address of the principal place of business for each of the Filing Persons is Sofinnova Partners SAS, Immeuble le Centorial, 16-18 rue du Quatre-Septembre, 75002 Paris, France.

Item 2 (c). Citizenship: SC V is a French FCPR. SP SAS is a French Corporation. Lucquin, Papiernik, Tordjman and Saulnier are French citizens.

Item 2 (d). Title of Class of Securities: Ordinary shares, nominal value €0.10 per share.

Item 2 (e). CUSIP Number: 23306J101

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) ¨ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);

(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)(1)(ii)(G);

(h) ¨ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(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) ¨ A non-U.S. institution, in accordance with §240.13d-1(b)(1)(ii)(J);

(k) ¨ Group, in accordance with §240.13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution.

Not applicable.

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CUSIP NO. 23306J101 Page 9 of 10 Pages

Item 4. Ownership

(a) Amount beneficially owned : See Row 9 of the cover page for each of the Filing Persons. Each Filing Person disclaims beneficial ownership with respect to these shares except to the extent of such Filing Person’s pecuniary interest therein.

(b) Percent of class : See Row 10 of the cover page for each of the Filing Persons.

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

(i) Sole power to vote or to direct the vote: See Row 5 of the cover page for each of the Filing Persons.

(ii) Shared power to vote or to direct the vote. See Row 6 of the cover page for each of the Filing Persons.

(iii) Sole power to dispose or to direct the disposition of: See Row 7 of the cover page for each of the Filing Persons.

(iv) Shared power to dispose or to direct the disposition of: See Row 8 of the cover page for each of the Filing Persons.

Item 5. Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].

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. Certifications.

Not Applicable.

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CUSIP NO. 23306J101 Page 10 of 10 Pages

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.

Dated: February 15, 2016

SOFINNOVA CAPITAL V FCPR — By:	SOFINNOVA PARTNERS SAS		/s/ Denis Lucquin
Its:	Management Company		Denis Lucquin
By:	/s/ Monique Saulnier		/s/ Antoine Papiernik
	Name:	Monique Saulnier	Antoine Papiernik
	Title:	Managing Director and CFO
			/s/ Rafaèle Tordjman
SOFINNOVA PARTNERS SAS			Rafaèle Tordjman
By:	/s/ Monique Saulnier		/s/ Monique Saulnier
	Name:	Monique Saulnier	Monique Saulnier
	Title:	Managing Director and CFO

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