AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Tenaris S.A.

Major Shareholding Notification Nov 14, 2016

Preview not available for this file type.

Download Source File

SC 13D/A 1 v452872_sc13da.htm FORM SC 13D/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

Tenaris S.A.
(Name of Issuer)
Ordinary Shares, $1.00 par value per share
(Title of Class of Securities)
88031 M 10 9
(CUSIP Number)
Fernando R. Mantilla, Av. Leandro N. Alem 1067, 29 th Floor, Buenos Aires, Argentina,
Telephone: +54-11-4018-2245
(Name, Address and Telephone number of Person Authorized to
Receive Notices and Communications)
November 11, 2016
(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d–1(e), 240.13d–1(f) or 240.13d–1(g), check the following box. ¨

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d–7 for other parties to whom copies are to be sent.

*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 disclosures provided in a prior cover page.

The information required on 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).

Field: Page; Sequence: 1; Options: NewSection; Value: 1

Field: /Page

CUSIP NO. 88031 M 10 9

1. NAMES OF REPORTING PERSONS
ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
00-0000000
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ¨
(b) ¨
3. SEC USE ONLY
4. SOURCE OF FUNDS (SEE INSTRUCTIONS):
N/A
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): ¨
6. CITIZENSHIP OR PLACE OF ORGANIZATION
THE NETHERLANDS
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: SOLE VOTING POWER: 0
8. SHARED VOTING POWER: 713,605,187
9. SOLE DISPOSITIVE POWER: 0
10. SHARED DISPOSITIVE POWER: 713,605,187
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 713,605,187
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
¨
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 60.4%
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): HC

Field: Page; Sequence: 2; Options: NewSection; Value: 2

Page 2 of 11

Field: /Page

CUSIP NO. 88031 M 10 9

1. NAMES OF REPORTING PERSONS
SAN FAUSTIN S.A.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
00-0000000
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ¨
(b) ¨
3. SEC USE ONLY
4. SOURCE OF FUNDS (SEE INSTRUCTIONS):
N/A
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): ¨
6. CITIZENSHIP OR PLACE OF ORGANIZATION
GRAND DUCHY OF LUXEMBOURG
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: SOLE VOTING POWER: 0
8. SHARED VOTING POWER: 713,605,187
9. SOLE DISPOSITIVE POWER: 0
10. SHARED DISPOSITIVE POWER: 713,605,187
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 713,605,187
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
¨
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 60.4%
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): CO

Field: Page; Sequence: 3; Value: 2

Page 3 of 11

Field: /Page

CUSIP NO. 88031 M 10 9

1. NAMES OF REPORTING PERSONS
TECHINT HOLDINGS S.À R.L.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
00-0000000
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ¨
(b) ¨
3. SEC USE ONLY
4. SOURCE OF FUNDS (SEE INSTRUCTIONS):
N/A
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): ¨
6. CITIZENSHIP OR PLACE OF ORGANIZATION
GRAND DUCHY OF LUXEMBOURG
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: SOLE VOTING POWER: 713,605,187
8. SHARED VOTING POWER:
9. SOLE DISPOSITIVE POWER: 713,605,187
10. SHARED DISPOSITIVE POWER:
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 713,605,187
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
¨
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 60.4%
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): CO

Field: Page; Sequence: 4; Value: 2

Page 4 of 11

Field: /Page

This Amendment No. 2 amends and supplements the Schedule 13D filed on February 14, 2011 filed by RP STAK, SAN FAUSTIN and TECHINT HOLDINGS (as defined thereunder) (this "Amendment No. 2") as further amended through the Amendment No. 1, relating to the Ordinary Shares, par value $1 per share of Tenaris S.A. (the “Ordinary Shares”).

No changes occurred except on the following Items:

Item 3. Source and Amount of Funds or Other Consideration

The events requiring the filing of this Amendment No. 2 did not involve any transfer of funds or any kind of consideration. This filing is due to some minor changes in the members of the Board of Directors or executive officers of some of the Reporting Persons.

There were no changes in the holdings of Ordinary Shares of RP STAK, SAN FAUSTIN and TECHINT HOLDINGS since such Reporting Persons filed their most recent Amendment No. 2 to Schedule 13D on November 19, 2015.

Item 4. Purpose of Transaction

This filing of the Amendment No. 2 is due to some minor changes in the composition of the Board of Directors or executive officers of some of the Reporting Persons.

There were no changes in the holdings of Ordinary Shares of RP STAK, SAN FAUSTIN and TECHINT HOLDINGS since such Reporting Persons filed their most recent Amendment No. 2 to Schedule 13D on November 19, 2015. RP STAK continues to control SAN FAUSTIN (i.e. it continues to have the ability to influence matters affecting, or submitted to a vote of the shareholders of SAN FAUSTIN, including the election of directors and the approval of certain corporate transactions and other matters concerning SAN FAUSTIN’s policies).

Item 7. Material to Be Filed as Exhibits

Exhibit Description
A Power of Attorney of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN dated February 4, 2011.*
B Power of Attorney of SAN FAUSTIN S.A. dated February 4, 2011.*
C Power of Attorney of TECHINT HOLDINGS S.à r.l., dated February 3, 2011.*

Field: Rule-Page

Field: /Rule-Page

  • Previously filed as an exhibit to the Schedule 13D of Tenaris S.A. dated February 14 th , 2011 and incorporated by reference in this Amendment No. 2.

Field: Page; Sequence: 5; Value: 2

Page 5 of 11

Field: /Page

Schedule I

ROCCA & PARTNERS STICHTING ADMINISTRATIEKANDOOR AANDELEN SAN FAUSTIN

MANAGEMENT

Manager Business Address Present Principal occupation Citizenship
Zenco Management BV Wilhelminakade 91, 3072 AP, Rotterdam, Netherlands Management Company Dutch

VOTING COMMITTEE

Members Business Address Present principal occupation Citizenship
Paolo Rocca (Chairman) Av. Leandro N. Alem 1067, 29 th floor, Buenos Aires, Argentina Chairman & CEO of Tenaris S.A. Italian
Gianfelice Rocca Via Monte Rosa 93, Milano, Italy Chairman of San Faustin S.A. Italian
Roberto Bonatti Av. Leandro N. Alem 1067, 29 th floor, Buenos Aires, Argentina President of San Faustin S.A. Italian
Enrico Bonatti Flat 7 81 Onslow Square SW7 3LT London, UK Director of Tenaris Global Services (UK) Ltd. Italian
Giovanni Sardagna Via Monte Rosa 93, Milano, Italy Director of Investors’ relations of Tenaris S.A. Italian
Andres Piñeyro Cerrito 1266, Buenos Aires, Argentina President of Meridium S.A. Argentine
Lodovico Rocca Hipolito Bouchard 557, 17° Floor, Buenos Aires, Argentina. President of Techint E&C, Uruguay Italian

Field: Page; Sequence: 6; Value: 2

Page 6 of 11

Field: /Page

SAN FAUSTIN S.A.

BOARD OF DIRECTORS

Name Business Address Present principal occupation Citizenship
Gianfelice Rocca Via Monte Rosa 93, Milan, Italy Chairman of San Faustin S.A. Italian
Roberto Bonatti Av. Leandro N. Alem 1067, 29 th floor, Buenos Aires, Argentina President of San Faustin S.A. Italian
Paolo Rocca Av. Leandro N. Alem 1067, 29 th floor, Buenos Aires, Argentina Chairman & CEO of Tenaris S.A. Italian
Guido Bonatti Via Donizetti 57, Milan, Italy Financial Advisor Italian
Marco Drago 13, via Cattaneo, Novara, Italy Chairman, De Agostini SpA Italian
Giorgio Alliata di Montereale Carlos M. Della Paolera 299, 18 th floor, Buenos Aires, Argentina Economist Italian
Bob Kneip 26/28 rue E. Steichen L-2540 Luxembourg CEO of Kneip Luxembourg Luxembourger
Andres Piñeyro Cerrito 1266, Buenos Aires, Argentina President, Meridium S.A., Buenos Aires Argentine
Lodovico Rocca Hipolito Bouchard 557, 17° Floor, Buenos Aires, Argentina. President of Techint E&C, Uruguay Italian
Giovanni Sardagna Via Monte Rosa 93, Milan, Italy Director of Investors’ relations of Tenaris S.A. Italian
Alberto Valsecchi Av. Leandro N. Alem 1067, 29 th floor, Buenos Aires, Argentina President, Dalmine SpA, Bergamo, Italy Italian
Roberto Vidigal Rua Manoel Coelho 303, São Paulo, Brazil Chairman of the Board of Directors, Confab Industrial S.A., Brazil Brazilian

OFFICERS

Name Business Address Present principal occupation Citizenship
Chairman of the Board Gianfelice Rocca Via Monte Rosa 93, Milan, Italy Chairman of San Faustin S.A. Italian
President Roberto Bonatti Av. Leandro N. Alem 1067, 29 th floor, Buenos Aires, Argentina President of San Faustin S.A. Italian
Vice-president Paolo Rocca Av. Leandro N. Alem 1067, 29 th floor, Buenos Aires, Argentina Chairman & CEO of Tenaris S.A. Italian
Secretary of the Board of Directors Fernando Jorge Mantilla Carlos M. Della Paolera 299, 16th floor, Buenos Aires, Argentina Attorney at law Argentine
Assistant Secretary of the Board of Directors Michele Zerbi 3B Boulevard Prince Henri, 3rd floor, Luxembourg L 1724, Luxembourg General Manager San Faustin S.A. Italian
Assistant Secretary of the Board of Directors Maria Emilia Gigy 3B Boulevard Prince Henri, 3rd floor, Luxembourg L 1724, Luxembourg Assistant Secretary of the Board of Directors San Faustin S.A. Argentine
Assistant Secretary of the Board of Directors Fernando Ricardo Mantilla Av. Leandro N. Alem 1067, 29th floor, Buenos Aires, Argentina Attorney-at-law Argentine

Field: Page; Sequence: 7; Value: 2

Page 7 of 11

Field: /Page

TECHINT HOLDINGS S.à r.l.

BOARD OF DIRECTORS

Name Business Address Present principal occupation Citizenship
Carlos M. Franck Av. Leandro N. Alem 1067, 29 th floor, Buenos Aires, Argentina President of Santa Maria SAIyF. Argentine
Alain Renard 41 boulevard Royal L-2449 Luxembourg Grand Duchy of Luxembourg Member of the Executive Committee of Atalux French
Michele Zerbi 3B Boulevard Prince Henri, 3rd floor, Luxembourg L 1724, Luxembourg General Manager San Faustin S.A. Italian
Gianfelice M. Rocca (Chairman) Via Monterosa 93, Milan, Italy Chairman of San Faustin S.A. Italian

Field: Page; Sequence: 8; Value: 2

Page 8 of 11

Field: /Page

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando R. Mantilla, attorney duly authorized by ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN to sign this statement, certify that the information set forth in this statement is true, complete and correct.

Pursuant to Rule 13d-1(k)(1), the undersigned joins in the filing of this Amendment No. 2 on his own behalf and on behalf of SAN FAUSTIN S.A. and TECHINT HOLDINGS S.À R.L.

November 11, 2016

/s/ Fernando R. Mantilla
Fernando R. Mantilla
Attorney-in-fact

Field: Page; Sequence: 9; Value: 2

Page 9 of 11

Field: /Page

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando R. Mantilla, attorney duly authorized by SAN FAUSTIN S.A. to sign this statement, certify that the information set forth in this statement is true, complete and correct.

Pursuant to Rule 13d - 1(k)(1), the undersigned joins in the filing of this Amendment No. 2 on his own behalf and on behalf of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN and TECHINT HOLDINGS S.À R.L.

November 11, 2016

/s/ Fernando R. Mantilla
Fernando R. Mantilla
Attorney-in-fact

Field: Page; Sequence: 10; Value: 2

Page 10 of 11

Field: /Page

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I, Fernando R. Mantilla, attorney duly authorized by TECHINT HOLDINGS S.À R.L. to sign this statement, certify that the information set forth in this statement is true, complete and correct.

Pursuant to Rule 13d-1(k)(1), the undersigned joins in the filing of this Amendment No. 2 on his own behalf and on behalf of ROCCA & PARTNERS STICHTING ADMINISTRATIEKANTOOR AANDELEN SAN FAUSTIN and SAN FAUSTIN S.A.

November 11, 2016

/s/ Fernando R. Mantilla
Fernando R. Mantilla
Attorney-in-fact

Field: Page; Sequence: 11; Options: Last

Page 11 of 11

Field: /Page

Talk to a Data Expert

Have a question? We'll get back to you promptly.