Element Solutions Inc — Major Shareholding Notification 2016

Jan 28, 2016

SC 13G 1 p16-0210sc13g.htm PLATFORM SPECIALTY PRODUCTS CORPORATION

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934*
Platform
Specialty Products Corporation
(Name of Issuer)
Common Stock,
par value of $0.01 per share
(Title of Class of Securities)
72766Q105
(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:
ý	Rule 13d-1(b)
¨	Rule 13d-1(c)
¨	Rule 13d-1(d)
(Page 1 of 6 Pages)

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*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. 72766Q105 13G Page 2 of 6 Pages

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1	NAME OF REPORTING PERSON Cevian Capital II GP Limited
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP	(a) ¨ (b) ý
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Jersey
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:	5	SOLE VOTING POWER 18,245,396
	6	SHARED VOTING POWER -0-
	7	SOLE DISPOSITIVE POWER 18,245,396
	8	SHARED DISPOSITIVE POWER -0-
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 18,245,396
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.0%
12	TYPE OF REPORTING PERSON IA,00

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CUSIP No. 72766Q105 13G Page 3 of 6 Pages

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Item 1(a).
The name of the issuer is Platform Specialty Products Corporation (the " Company ").

Item 1(b).
The Company's principal executive office is located at 1450 Centrepark Boulevard, Suite 210, West Palm Beach, Florida 33401.

| Item 2(a). |
| --- |
| This Schedule 13G is filed by Cevian Capital II GP Limited, a limited
company incorporated under the laws of Jersey (the " Reporting Person "), the general partner of Cevian Capital
II Master Fund L.P., a Cayman Islands limited partnership (the " Master Fund "), with respect to the shares of Common
Stock (as defined in Item 2(d) below) held by the Master Fund. |
| The filing of this statement should not be construed as an admission that the Reporting Person is, for the purposes of Section 13 of the Securities Exchange Act of 1934, as amended, the beneficial owner of the shares of Common Stock reported herein. |

Item 2(b).
The address
of the business office of the Reporting Person is 4 Bond Street, St Helier, Jersey, JE4 5QR, Channel Islands.

Item 2(c).
The Reporting Person is a limited company organized under the laws of Jersey.

Item 2(d).
Common stock, par value of $0.01 per share (the " Common Stock ").

Item 2(e).
72766Q105

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO Rules 13d-1(b), OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

(a)	¨	Broker or dealer registered under Section 15 of the Act;
(b)	¨	Bank as defined in Section 3(a)(6) of the Act;
(c)	¨	Insurance company as defined in Section 3(a)(19) of the Act;
(d)	¨	Investment company registered under Section 8 of the Investment Company Act of 1940;
(e)	x	An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

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CUSIP No. 72766Q105 13G Page 4 of 6 Pages

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(f)	¨	An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
(g)	¨	A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
(h)	¨	A savings association 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;
(j)	¨	A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);
(k)	¨	Group, in accordance with Rule 13d-1(b)(1)(ii)(K).

If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: ______

Item 4.
The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 229,464,157 shares of Common Stock reported to be outstanding as of December 4, 2015 in the Company's Current Report on Form 8-K filed on December 4, 2015.
The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for the Reporting Person and is incorporated herein by reference.

Item 5.
Not applicable.

Item 6.
See Item 2.

Item 7.
Not applicable.

Item 8.
Not applicable.

Item 9.
Not applicable.

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CUSIP No. 72766Q105 13G Page 5 of 6 Pages

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ITEM 10. CERTIFICATION

The Reporting Person hereby makes the following certification:

By signing below the Reporting Person certifies that, to the best of its knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired 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.

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CUSIP No. 72766Q105 13G Page 6 of 6 Pages

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SIGNATURES

After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

DATE: January 28, 2016

CEVIAN CAPITAL II GP LIMITED
/s/ Denzil Boschat
Name: Denzil Boschat
Title: Director