4//SEC Filing
BUSINESS OBJECTS S.A. 4
Accession 0001209191-08-005122
CIK 0000928753operating
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 5:09 PM ET
Size
18.5 KB
Accession
0001209191-08-005122
Insider Transaction Report
Form 4
SAP AG
10% Owner
Transactions
- Purchase
Ordinary Shares
2008-01-21+574,090→ 78,434,209 total(indirect: See Footnote) - Purchase
American Depositary Shares
2008-01-18+45,739→ 12,999,370 total(indirect: See Footnote) - Purchase
Ordinary Shares
2008-01-18+233,435→ 77,860,119 total(indirect: See Footnote)
SAP FRANCE S.A.
10% Owner
Transactions
- Purchase
Ordinary Shares
2008-01-18+233,435→ 77,860,119 total(indirect: See Footnote) - Purchase
Ordinary Shares
2008-01-21+574,090→ 78,434,209 total(indirect: See Footnote) - Purchase
American Depositary Shares
2008-01-18+45,739→ 12,999,370 total(indirect: See Footnote)
Footnotes (4)
- [F1]Pursuant to a Tender Offer Agreement dated October 7, 2007, by and between SAP AG and Business Objects S.A. ("Business Objects"), SAP France S.A. ("SAP France"), a wholly owned subsidiary of SAP AG, commenced a tender offer on December 4, 2007 for all of the outstanding ordinary shares, nominal value 0.10 euro per share (the "Shares"), of Business Objects, including ordinary shares represented by American Depositary Shares ("ADSs"), as well as the outstanding warrants to acquire Shares ("Warrants") and convertible bonds convertible or exchangeable into new or existing Shares ("ORNANEs," and together with the Shares, ADSs and Warrants, "Securities"), issued by Business Objects through concurrent offers in the United States (the "U.S. Offer") and in France (the "French Offer" and together with the U.S. Offer, the "Offers").
- [F2]The initial offering period for the U.S. Offer expired at 9:00 a.m. New York City time on Tuesday, January 15, 2008, at which time approximately 87,640,403 Shares (comprised of 74,687,474 Shares and 12,952,929 ADSs) had been validly tendered and not withdrawn pursuant to the Offers, which were accepted for purchase by SAP France. SAP France is providing a subsequent offering period, which commenced Wednesday, January 16, 2008 and which expires at 5:00 p.m. New York City time on Tuesday, January 29, 2008. The reported acquisition of Shares was made by market purchases on Euronext by SAP France pursuant to the French Offer during the subsequent offering period. The reported acquisition of ADSs was made by acceptance by SAP France of ADSs tendered pursuant to the US Offer during the subsequent offering period.
- [F3]The price per Share is 42.00 euros net per Share. The price per ADS is an amount in U.S. dollars equal to 42.00 euros net per ADS (as determined using the euro foreign exchange reference rate published by the European Central Bank on or about 2:15 p.m. CET, 8:15 a.m. EST, on January 22, 2008).
- [F4]These Shares (including ADSs) are owned directly by SAP France S.A., which is a wholly owned subsidiary of SAP AG. SAP AG is indirect beneficial owner of the reported Securities.
Issuer
BUSINESS OBJECTS S.A.
CIK 0000928753
Entity typeoperating
Related Parties
1- filerCIK 0000928753
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 5:09 PM ET
- Size
- 18.5 KB