Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Clarivate Plc
(Name of Issuer)
Ordinary shares, no par value
(Title of Class of Securities)
G21810109
(CUSIP Number)
Scott Miller
Sullivan & Cromwell LLP
125 Broad Street
New York, NY 10004
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
November 30, 2023
(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 Sections 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 Section 240.13d-7 for other parties to whom copies are to be sent.
* | The remainder of this cover page shall be filled out for a reporting persons 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).
CUSIP No. G21810109
1 |
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Giovanni Agnelli B.V. | |||||
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)
WC | |||||
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:
|
7 | SOLE VOTING POWER
56,991,682 | ||||
8 | SHARED VOTING POWER
0 | |||||
9 | SOLE DISPOSITIVE POWER
56,991,682 | |||||
10 | SHARED DISPOSITIVE POWER
0 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
56,991,682 | |||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* (see instructions)
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.58%* | |||||
14 | TYPE OF REPORTING PERSON* (see instructions)
HC, CO |
* | This calculation is based on 663,922,882 ordinary shares, no par value (the Shares), outstanding as of October 27, 2023, as reported in the Issuers Form 10-Q for the quarterly period ended September 30, 2023 (the Form 10-Q) which the Issuer filed on November 7, 2023. |
Page 2 of 7
CUSIP No. G21810109
1 |
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Exor N.V. | |||||
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)
WC | |||||
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:
|
7 | SOLE VOTING POWER
56,991,682 | ||||
8 | SHARED VOTING POWER
0 | |||||
9 | SOLE DISPOSITIVE POWER
56,991,682 | |||||
10 | SHARED DISPOSITIVE POWER
0 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
56,991,682 | |||||
1 2 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* (see instructions)
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.58%* | |||||
14 | TYPE OF REPORTING PERSON* (see instructions)
HC, CO |
* | This calculation is based on 663,922,882 Shares outstanding as of October 27, 2023, as reported in the Form 10-Q which the Issuer filed on November 7, 2023. |
Page 3 of 7
CUSIP No. G21810109
1 |
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Exor Nederland N.V. | |||||
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)
WC | |||||
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:
|
7 | SOLE VOTING POWER
56,991,682 | ||||
8 | SHARED VOTING POWER
0 | |||||
9 | SOLE DISPOSITIVE POWER
56,991,682 | |||||
10 | SHARED DISPOSITIVE POWER
0 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
56,991,682 | |||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* (see instructions)
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.58%* | |||||
14 | TYPE OF REPORTING PERSON* (see instructions)
HC, CO |
* | This calculation is based on 663,922,882 Shares outstanding as of October 27, 2023, as reported in the Form 10-Q which the Issuer filed on November 7, 2023. |
Page 4 of 7
CUSIP No. G21810109
This Amendment No. 2 (the Amendment No. 2) relates to the Schedule 13D filed on October 23, 2023 (the Original Schedule 13D) by (1) Giovanni Agnelli B.V. (G.A.), (2) Exor N.V. (Exor) and (3) Exor Nederland N.V. (Exor Nederland) and together with G.A. and Exor, the (Reporting Persons, and individually referred to herein as a Reporting Person), and amended by Amendment No. 1 to Schedule 13D filed on November 8, 2023. Except as otherwise provided herein, each Item of the Original 13D, as amended, remains unchanged.
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 of the Original Schedule 13D, as amended, is hereby amended and supplemented by adding the following information:
All Shares purchased by the Reporting Persons were purchased using investment capital of the Reporting Persons.
Item 5. Interest in Securities of the Issuer.
Item 5(c) of the Original Schedule 13D, as amended, is hereby amended and supplemented by adding the following information.
Exhibit 99.2, which is incorporated by reference into this Item 5(c) as if restated in full, describes all of the transactions in the class of securities reported in this Schedule 13D (as amended) that were effected by the Reporting Persons in the past 60 days. Except as set forth in Exhibit 99.2 attached hereto, no reportable transactions were effected by any Reporting Person within the last 60 days.
Item 7. Material to be Filed as Exhibits.
Exhibit Number |
Description of Exhibits | |
99.1 | Joint Filing Agreement (previously filed) | |
99.2 | Trading data (filed herewith) |
Page 5 of 7
CUSIP No. G21810109
SIGNATURE
After reasonable inquiry and to the best of the undersigneds knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: December 4, 2023 | GIOVANNI AGNELLI B.V. | |||||
By: | /s/ Guido De Boer | |||||
Name: | Guido De Boer | |||||
Title: | Authorized Signatory |
EXOR N.V. | ||||||
By: | /s/ Guido De Boer | |||||
Name: | Guido De Boer | |||||
Title: | Authorized Signatory |
EXOR NEDERLAND N.V. | ||||||
By: | /s/ Guido De Boer | |||||
Name: | Guido De Boer | |||||
Title: | Authorized Signatory |
Page 6 of 7