Sec Form 13G Filing - Chau On filing for Playtika Holding Corp. (PLTK) - 2021-01-27

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.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

 

Playtika Holding Corp.

(Name of Issuer)

 

Shares of Common Stock, par value of $0.01 per share

(Title of Class of Securities)

 

72815L 107

(CUSIP Number)

 

January 25, 2021

(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 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. 

 

 

 

   

 

 

 

1

Names of Reporting Persons

On Chau

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

 
Hong Kong Special Administrative Region, People’s Republic of China

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5

Sole Voting Power

 
81,810,506

6

Shared Voting Power

 
0

7

Sole Dispositive Power

 
81,810,506

8

Shared Dispositive Power

 
0

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 
81,810,506

10

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

11

Percent of Class Represented by Amount in Row (9)

 

20.0%

12

Type of Reporting Person

 
IN

         

   

 

 

1

Names of Reporting Persons

8th Wonder 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

 
British Virgin Islands

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5

Sole Voting Power      

      

40,905,253

6

Shared Voting Power      

                       

0

7

Sole Dispositive Power      

 

40,905,253

8

Shared Dispositive Power           

 

0

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 
40,905,253

10

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

11

Percent of Class Represented by Amount in Row (9)

 
10.0%

12

Type of Reporting Person

 
CO

         

   

 

1

Names of Reporting Persons

Hotlink Investment Limited

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

 
British Virgin Islands

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5

Sole Voting Power      

      

40,905,253

6

Shared Voting Power                             

 

0

7

Sole Dispositive Power      

 

40,905,253

8

Shared Dispositive Power           

 

0

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 
40,905,253

10

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

11

Percent of Class Represented by Amount in Row (9)

 
10.0%

12

Type of Reporting Person

 
CO

         

 

   

 

 

 

1

Names of Reporting Persons

Infinite Bandwidth Limited

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

 
British Virgin Islands

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5

Sole Voting Power           

 

40,905,253

6

Shared Voting Power               

              

0

7

Sole Dispositive Power      

 

40,905,253

8

Shared Dispositive Power           

0

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 
40,905,253

10

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

11

Percent of Class Represented by Amount in Row (9)

 
10.0%

12

Type of Reporting Person

 
CO

         

   

 

1

Names of Reporting Persons

Trustworthy Group Ltd.

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

 
British Virgin Islands

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5

Sole Voting Power           

 

40,905,253

6

Shared Voting Power                    

         

0

7

Sole Dispositive Power      

 

40,905,253

8

Shared Dispositive Power           

 

0

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 
40,905,253

10

 

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

11

Percent of Class Represented by Amount in Row (9)

 
10.0%

12

Type of Reporting Person

 
CO

         

   

 

Item 1(a). Name of Issuer:
Playtika Holding Corp.
Item 1(b).

Address of Issuer’s Principal Executive Offices:

c/o Playtika Ltd.

HaChoshlim St 8

Herzliya Pituarch, Israel

Item 2(a).

Name of Person Filing:

(i)              On Chau,

(ii)             8th Wonder Corporation.

(iii)            Hotlink Investment Limited.

(iv)            Infinite Bandwidth Limited. and

(v)             Trustworthy Group Ltd. (collectively, the “Reporting Persons”).

Item 2(b).

Address of Principal Business Office, or, if none, Residence:

On Chau

Rm 2506, Pacific Place Apartments

Pacific Place, 88 Queensway

Central, Hong Kong

 

8th Wonder Corporation

c/o Max Hua

21st Floor, Gloucester Tower

The Landmark

15 Queen’s Road Central

Central, Hong Kong

 

Hotlink Investment Limited

c/o Max Hua

21st Floor, Gloucester Tower

The Landmark

15 Queen’s Road Central

Central, Hong Kong

 

Infinite Bandwidth Limited

Sea Meadow House, P.O. Box 116

Road Town, Tortola

British Virgin Islands

 

Trustworthy Group Ltd.

Sea Meadow House, P.O. Box 116

Road Town, Tortola

British Virgin Islands

 

Item 2(c).

Citizenship:

On Chau – Hong Kong Special Administrative Region, People’s Republic of China

8th Wonder Corporation – British Virgin Islands

Hotlink Investment Limited – British Virgin Islands

Infinite Bandwidth Limited – British Virgin Islands

Trustworthy Group Ltd. – British Virgin Islands

Item 2(d).

Title of Class of Securities:

Share of Common Stock, par value of $0.01 per share, of the Issuer.

Item 2(e). CUSIP No.: 72815L 107

 

   

 

 

 

Item 3. If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the persons filing is a:
  Not applicable.
   
Item 4. Ownership
  The following information with respect to the ownership of the common stock of the Issuer (the “Shares”) by each of the Reporting Persons is provided as of the date of this Schedule 13G:

 

Reporting Person Amount beneficially owned:

Percent of

outstanding:

Sole power to

vote or direct

the vote:

Shared power to

vote or to direct

the vote:

Sole power to

dispose or to direct

the disposition of:

Shared power

to dispose or to

direct the

disposition of:

On Chau 81,810,506 19.97% 81,810,506 0 81,810,506 0
8th Wonder Corporation 40,905,253 9.99% 40,905,253 0 40,905,253 0
Hotlink Investment Limited 40,905,253 9.99% 40,905,253 0 40,905,253 0
Infinite Bandwidth Limited 40,905,253 9.99% 40,905,253 0 40,905,253 0
Trustworthy Group Ltd. 40,905,253 9.99% 40,905,253 0 40,905,253 0

 

 

Ms. On Chau beneficially owns 81,810,506 shares of common stock of the Issuer comprising (i) 40,905,253 shares of common stock owned by 8th Wonder Corporation as described below and (ii) 40,905,253 shares of common stock owned by Hotlink Investment Limited as described below.

 

8th Wonder Corporation, a British Virgin Islands company, beneficially owns 40,905,253 shares of common stock of the Issuer pursuant to a distribution agreement dated as of December 17, 2020 (the “Distribution Agreement”) among, inter alios, Playtika Holding UK II Limited (“PHUKII”), which as of December 17, 2020 was a legal and beneficial holder of 96.7% of the share capital of the Issuer, 8th Wonder Corporation and Hotlink Investment Limited, which provides that PHUKII must transfer 81,810,506 shares of common stock of the Issuer in the aggregate to 8th Wonder Corporation and Hotlink Investment Limited within 70 calendar days after the first trading day of the common stock of the Issuer. 8th Wonder Corporation is 100% owned by Trustworthy Group Ltd., a British Virgin Islands company. Ms. On Chau is the sole shareholder of Trustworthy Group Ltd. Ms. On Chau indirectly holds all voting and investment powers of 8th Wonder Corporation and its assets. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, Ms. On Chau and Trustworthy Group Ltd. may be deemed to beneficially own all of the shares of common stock of the Issuer held by 8th Wonder Corporation.

 

Hotlink Investment Limited, a British Virgin Islands company, beneficially owns 40,905,253 shares of common stock of the Issuer pursuant to the Distribution Agreement, pursuant to the terms of the Distribution Agreement described above. Hotlink Investment Limited is 100% owned by Infinite Bandwidth Limited, a British Virgin Islands company. Ms. On Chau is the sole shareholder of Infinite Bandwidth Limited. Ms. On Chau indirectly holds all voting and investment powers of Hotlink Investment Limited and its assets. Pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder, Ms. On Chau and Infinite Bandwidth Limited may be deemed to beneficially own all of the shares of common stock of the Issuer held by Hotlink Investment Limited.

 

Ms. On Chau and Mr. Chuen Chung Chow are wife and husband, and as such, each of them may be deemed to beneficially own ordinary shares of the Issuer held by the other person pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder.

 

The percentage of shares of common stock beneficially owned by the Reporting Persons as of the date of this Schedule 13G is based on 409,585,700 outstanding common stock as disclosed by the Issuer in its final prospectus dated January 14, 2021, as filed with the SEC on January 15, 2021.

 

   

 

 

   
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. Certifications
  Not applicable.
   

 

 

   

 

 

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:  January 27, 2021

 

 

On Chau By: /s/ On Chau
  Name: On Chau
     
8th Wonder Corporation    
  By: /s/ Cao Bo
  Name: Cao Bo
  Title: Director
     
     
Hotlink Investment Limited By: /s/ Cao Bo
  Name: Cao Bo
  Title: Director
     
     
Infinite Bandwidth Limited By: /s/ Cao Bo
  Name: Cao Bo
  Title: Director
     
     
Trustworthy Group Ltd. By: /s/ Cao Bo
  Name: Cao Bo
  Title: Director

 

 

 

 

   

 

 

LIST OF EXHIBITS

 

Exhibit 99.1 – Joint Filing Agreement