UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13D
(RULE 13D-101)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 14)
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TELECOM ITALIA S.P.A.
(Name of Issuer)
ORDINARY SHARES OF EURO 0.55 PAR VALUE
PER ORDINARY SHARE
(Title of Class of Securities)
87927W10
(CUSIP Number)
FRANCO GIANNI PAPA
UNICREDITO ITALIANO S.P.A.
375 PARK AVENUE
NEW YORK, NY 10152
212-546-9601
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
NOVEMBER 11, 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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), 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 4 Pages)
SCHEDULE 13D
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CUSIP No. 87927W10
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
UniCredito Italiano S.p.A.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
WC
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Republic of Italy
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NUMBER OF SHARES 7. SOLE VOTING POWER - 13,752,510
BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH ------------------------------------------------------------------------
8. SHARED VOTING POWER - 1,190,715,823
(See Item 5)
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9. SOLE DISPOSITIVE POWER - 0
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10. SHARED DISPOSITIVE POWER - 1,190,715,823
(See Item 5)
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,204,468,333
(See Item 5)
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.71%
(See Item 5)
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14. TYPE OF REPORTING PERSON - CO
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This Amendment No. 14 amends the Statement on Schedule 13D, dated
October 25, 2001, as amended (as previously amended, the "Statement on Schedule
13D"), filed by UniCredito Italiano S.p.A., a company organized under the laws
of the Republic of Italy ("UniCredito"), 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.
UniCredito, Pirelli, Edizione Holding, IntesaBci S.p.A. (now Banca
Intesa S.p.A.) ("Intesa"), Olimpia S.p.A. ("Olimpia") and, as discussed in Items
4 and 6 of Amendment No. 6 to the Statement on Schedule 13D, Hopa S.p.A.
("Hopa") are members of a group with respect to the Telecom Italia Shares. This
Amendment constitutes a separate filing on Schedule 13D by UniCredito in
accordance with Rule 13d-1(k)(2) under the Securities Exchange Act of 1934, as
amended.
Item 4. PURPOSE OF TRANSACTION
On November 11, 2003, Olimpia announced that it had convened a meeting
of its board of directors to be held on November 13, 2003 for the purpose of
considering and approving an increase in Olimpia's capital of up to euro 800
million, of which euro 700 million is intended to be used to purchase Telecom
Italia Shares. A copy of a press release issued by Olimpia concerning the
capital increase and the proposed acquisition of Telecom Italia Shares is filed
as an Exhibit to Amendment No. 24 to Pirelli's Schedule 13D, dated November 12,
2003, filed as Exhibit 39 to this Schedule 13D and incorporated by reference
herein. Information concerning the number of Telecom Italia Shares to be
purchased by Olimpia (and the percentage of the total number of Telecom Italia
Shares represented thereby) will be filed by amendment in the event that the
proposed transaction is effected.
Item 7. MATERIAL TO BE FILED AS EXHIBITS.
EXHIBIT NO. DESCRIPTION
Exhibit 39 Press release of Olimpia, dated as of November 11, 2003
(incorporated by reference to Exhibit 56 to the Schedule 13D,
dated November 12, 2003, filed with the Securities and Exchange
Commission by Pirelli S.p.A.)
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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.
UNICREDITO ITALIANO S.P.A.
By: /s/ Maurizia Angelo Comneno
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Name: Maurizia Angelo Comneno
Title: Executive Officer
By: /s/ Elisabetta Magistretti
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Name: Elisabetta Magistretti
Title: Executive Officer
Dated: November 21, 2003
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