SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 5)(1)
ALICO, INC.
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(Name of Issuer)
Common Stock, par value $1.00 per share
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(Title of Class of Securities)
016230 10-4
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(CUSIP Number)
J.D. Alexander
Atlantic Blue Trust, Inc.
122 East Tillman Avenue
Lake Wales, Florida 33853
Telephone: (863) 679-9595
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
Copy to:
Charles W. Mulaney, Jr., Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
333 West Wacker Drive
Chicago, Illinois 60606
Telephone: (312) 407-0700
March 22, 2005
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(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 sent.
(Continued on following pages)
(Page 1 of 4 Pages)
______________
(1) 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 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, as amended (the "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).
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CUSIP No. 016230 10-4 13D Page 2 of 4 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
ATLANTIC BLUE TRUST, INC. (I.R.S. IDENTIFICATION NO. 57-1149984)
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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
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS |_|
REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
FL
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NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY ------------------------------------------------
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING 3,493,777 (See Item 5)
PERSON ------------------------------------------------
WITH
9 SOLE DISPOSITIVE POWER
0
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10 SHARED DISPOSITIVE POWER
3,493,777 (See Item 5)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,493,777 (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)
47.8% (See Item 5)
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14 TYPE OF REPORTING PERSON
CO
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CUSIP No. 016230 10-4 13D Page 3 of 4 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
ALICO HOLDING, LLC (I.R.S. IDENTIFICATION NO. 47-0906752)
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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
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS |_|
REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
NV
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NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY -----------------------------------------------
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING 3,493,777 (See Item 5)
PERSON -----------------------------------------------
WITH
9 SOLE DISPOSITIVE POWER
0
-----------------------------------------------
10 SHARED DISPOSITIVE POWER
3,493,777 (See Item 5)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,493,777 (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)
47.8% (See Item 5)
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14 TYPE OF REPORTING PERSON
OO
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CUSIP No. 016230 10-4 13D Page 4 of 4 Pages
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This Amendment No. 5 (this "Amendment No. 5") amends and supplements
the Schedule 13D originally filed with the Securities and Exchange Commission
on March 2, 2004, by Atlantic Blue Trust, Inc., a Florida corporation, and
Alico Holding, LLC, a Nevada limited liability company, as such original
filing was amended and supplemented by Amendment No. 1, filed on August 26,
2004, Amendment No. 2, filed on October 15, 2004, Amendment No. 3, filed on
December 22, 2004 and Amendment No. 4, filed on February 3, 2005 (as amended,
the "Schedule 13D"). Except as indicated in this Amendment No. 5, all other
information set forth in the Schedule 13D remains unchanged and capitalized
terms used herein which are not defined herein have the meanings set forth in
the Schedule 13D.
Item 4. Purpose of Transaction.
Item 4 of the Schedule 13D is hereby amended and supplemented by
adding the following paragraph at the end of Item 4:
On March 22, 2005, ABT delivered a letter to the Board of Directors
of the Issuer outlining certain governance standards, practices and procedures
which ABT has notified the Issuer that ABT intends to follow. A copy of the
letter is attached hereto as exhibit 99.5 and incorporated herein by
reference. Consistent with such letter, on March 21, 2005, John R. Alexander
resigned from his position as Chairman and Chief Executive Officer of ABT and
as a member of the Board of Directors of ABT, Baxter G. Troutman resigned from
his position as a member of the Board of Directors of ABT, and J.D. Alexander
announced his intention to resign from his position as a member of the Board
of Directors of the Issuer as soon as the Board of Directors of the Issuer
selects a replacement director for his position.
Item 7. Material to be Filed as Exhibits.
Item 7 of the Schedule 13D is hereby amended and supplemented by
adding the following item at the end of Item 7:
99.5 Letter to the Board of Directors from Atlantic Blue Trust,
Inc., dated March 18, 2005.
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: March 22, 2005
ATLANTIC BLUE TRUST, INC.
By: /s/ Yvonne Bunce
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Name: Yvonne Bunce
Title: Secretaru
ALICO HOLDING, LLC
By: /s/ John R. Alexander
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Name: John R. Alexander
Title: Manager