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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
(Rule 13d-101)
(Amendment No. 20)
------------------------------
TELECOM ITALIA S.p.A.
(Name of Issuer)
Ordinary Shares of euro 0.55 par value each 87927W10
(Title of class of securities) (CUSIP number)
Dott. Gianni Mion
Edizione Holding S.p.A.
Calmaggiore 23
31100 Treviso
Italy
(+39) 0422-5995
With a copy to:
Michael S. Immordino, Esq.
Latham & Watkins
99 Bishopsgate
London EC2M 3XF
England
(+44) 207-710-1076
(Name, address and telephone number of person authorized
to receive notices and communications)
December 18, 2003
(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 Rule 13d-1(e), 13d-1(f) or 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.
(Continued on following pages)
(Page 1 of 9)
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CUSIP No. 87927W10 13D
----------------------------------------------------------- ---------------------------------------------
----------------------- --------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON EDIZIONE HOLDING S.p.A.
I.R.S. IDENTIFICATION NO. Not Applicable
OF ABOVE PERSON
----------------------- --------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [X]
(b) [ ]
----------------------- --------------------------------------------------------------------------------------------
3 SEC USE ONLY
----------------------- --------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: WC
----------------------- --------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e): [ ]
----------------------- --------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Italy
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NUMBER OF 7 SOLE VOTING POWER: 0
SHARES
--------------------- ---------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 1,751,765,823
OWNED BY (See Item 5)
--------------------- ---------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER: 0
EACH --------------------- ---------------------------------------------------------------------
REPORTING 10 SHARED DISPOSITIVE POWER: 1,751,765,823
PERSON WITH (See Item 5)
------------------- --------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 1,751,765,823
(See Item 5)
------------------- --------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES: [ ]
------------------- --------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 17.01%
(See Item 5)
------------------- --------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: CO
(Page 2)
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CUSIP No. 87927W10 13D
----------------------------------------------------------- ---------------------------------------------
----------------------- --------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON EDIZIONE FINANCE INTERNATIONAL S.A.
I.R.S. IDENTIFICATION NO. Not Applicable
OF ABOVE PERSON
----------------------- --------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [X]
(b) [ ]
----------------------- --------------------------------------------------------------------------------------------
3 SEC USE ONLY
----------------------- --------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: WC
----------------------- --------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [ ]
----------------------- --------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Italy
-----------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 0
SHARES
--------------------- ---------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 1,751,765,823
OWNED BY (See Item 5)
--------------------- ---------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER: 0
EACH --------------------- ---------------------------------------------------------------------
REPORTING 10 SHARED DISPOSITIVE POWER: 1,751,765,823
PERSON WITH (See Item 5)
------------------- --------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 1,751,765,823
(See Item 5)
------------------- --------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES: [ ]
------------------- --------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 17.01%
(See Item 5)
------------------- --------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: CO
(Page 3)
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CUSIP No. 87927W10 13D
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----------------------- --------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON RAGIONE S.a.p.a. DI GILBERTO BENETTON E C.
I.R.S. IDENTIFICATION NO. Not Applicable
OF ABOVE PERSON
----------------------- --------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [X]
(b) [ ]
----------------------- --------------------------------------------------------------------------------------------
3 SEC USE ONLY
----------------------- --------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: WC
----------------------- --------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e): [ ]
----------------------- --------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Italy
-----------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 0
SHARES
--------------------- ---------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 1,751,765,823
OWNED BY (See Item 5)
--------------------- ---------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER: 0
EACH --------------------- ---------------------------------------------------------------------
REPORTING 10 SHARED DISPOSITIVE POWER: 1,751,765,823
PERSON WITH (See Item 5)
------------------- --------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 1,751,765,823
(See Item 5)
------------------- --------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES: [ ]
------------------- --------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 17.01%
(See Item 5)
------------------- --------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: PN
(Page 4)
This Amendment No. 20 amends the Statement on Schedule 13D dated August
9, 2001, as amended (as previously amended, the "Statement on Schedule 13D")
filed by Edizione Holding S.p.A., a company incorporated under the laws of the
Republic of Italy ("Edizione Holding"), Edizione Finance International S.A., a
company incorporated in the Duchy of Luxembourg ("Edizione Finance"), and
Ragione S.a.p.a. di Gilberto Benetton e C., a partnership organized under the
laws of the Republic of Italy ("Ragione") (Edizione Holding, Edizione Finance
and Ragione, are collectively referred to herein as the "Edizione Reporting
Persons") with respect to the ordinary shares, euro 0.55 par value per share, of
Telecom Italia S.p.A., a company incorporated under the laws of the Republic of
Italy. Capitalized terms used in this Amendment without definition have the
meanings ascribed to them in the Statement on Schedule 13D.
This Amendment is being filed by each of the Edizione Reporting
Persons. Pirelli, the Purchaser, Edizione Holding, UCI, BCI, and, as discussed
in Items 4 and 6 of Amendment No. 10 to the Statement on Schedule 13D, Hopa are
members of a group with respect to the Telecom Italia Shares. The Edizione
Reporting Persons are making a separate filing on Schedule 13D in accordance
with Rule 13d-1(k)(2) under the Securities Exchange Act of 1934 and are solely
responsible for the information contained in this filing, except that
information contained in the Statement on Schedule 13D concerning any director
or officer of the Purchaser nominated by Pirelli, UCI, BCI or Hopa has been
provided by the nominating person or by such nominee director or officer.
Item 3. Source and Amount of Funds and Other Consideration
Reference is made to Item 4 of Amendment No. 19 to the Statement on
Schedule 13D. On December 18, 2003, Olimpia purchased 294,750,000 Telecom Italia
Shares from Mediobanca at a price per share of euro 2.37 pursuant to the
agreement entered into by Olimpia and Mediobanca on November 5, 2003. Olimpia
obtained the purchase price from capital contributed by its shareholders, as
reported in Item 4 of Amendment No. 19 to the Statement on Schedule 13D.
Item 5. Interest in Securities of the Issuer
After giving effect to the acquisition of the 294,750,000 Telecom
Italia Shares referred to in Item 3, Olimpia holds 1,751,765,823 Telecom Italia
Shares, representing approximately 17.01% of the total number of outstanding
Telecom Italia Shares.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer
Reference is made to the New Partners Agreement (as that term is
defined in Item 3 of Amendment No. 10 to the Statement on Schedule 13D). On
December 16, 2003, Pirelli, UCI and Banca Intesa entered into an agreement to
amend the New Partners Agreement (the "New Partners Agreement Amendment").
Pursuant to the New Partners Agreement Amendment, each of UCI and Banca Intesa
agrees to fully subscribe for its proportional share of Olimpia Shares in
connection with the capital increase described in Item 4 of Amendment No. 19 to
the Statement on Schedule 13D (such shares, the "New
(Page 5)
Shares"). In addition, the New Partners Agreement Amendment modifies in certain
respects the manner in which the purchase price to be paid by Pirelli for the
New Shares is to be determined in the event that any such shares are transferred
to Pirelli pursuant to the New Partners Agreement. A copy of the New Partners
Agreement Amendment is filed as Exhibit 44 and a copy of a joint press release
issued by Pirelli, UCI and Banca Intesa concerning the New Partners Agreement
Amendment is filed as Exhibit 45.
Item 7. Material to be Filed as Exhibits
44. New Partners Agreement Amendment [English translation].
45. Joint press release of Pirelli, UCI and Banca Intesa Olimpia, dated as of
December 18, 2003 [English translation].
(Page 6)
EXHIBIT INDEX
Exhibit No.
44. New Partners Agreement Amendment [English translation].
45. Joint press release of Pirelli, UCI and Banca Intesa Olimpia, dated
as of December 18, 2003 [English translation].
(Page 7)
SIGNATURE
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: January 7, 2004
EDIZIONE HOLDING S.p.A.
By: /s/ Gianni Mion
----------------------
Name: Gianni Mion
Title: Chief Executive Officer
(Page 8)
SIGNATURE
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: January 7, 2004
EDIZIONE FINANCE INTERNATIONAL S.A.
By: /s/ Gustave Stoffel
----------------------
Name: Gustave Stoffel
Title: Director
(Page 9)
SIGNATURE
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: January 7, 2004
RAGIONE S.a.p.a DI GILBERTO
BENETTON E C.
By: /s/ Gilberto Benetton
----------------------
Name: Gilberto Benetton
Title: Chairman
(Page 10)