================================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
(Rule 13d-101)
(Amendment No. 14)
----------
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)
May 9, 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 10)
----------------------------------------------------------- ---------------------------------------------------
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
----------------------- --------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER: 0
SHARES
------------------- --------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER: 2,891,656,682
OWNED BY (See Item 5)
------------------- --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 0
REPORTING
------------------- --------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 2,891,656,682
(See Item 5)
----------------------- --------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 2,891,656,682
(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): 54.96%
(See Item 5)
----------------------- --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: CO
(Page 2)
----------------------------------------------------------- ---------------------------------------------------
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: 2,891,656,682
OWNED BY (See Item 5)
------------------- --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 0
REPORTING
------------------- --------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 2,891,656,682
(See Item 5)
----------------------- --------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 2,891,656,682
(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): 54.96%
(See Item 5)
----------------------- --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: CO
(Page 3)
----------------------------------------------------------- ---------------------------------------------------
CUSIP No. 87927W10 13D
----------------------------------------------------------- ---------------------------------------------------
----------------------- --------------------------------------------------------------------------------------------------
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: 2,891,656,682
OWNED BY (See Item 5)
------------------- --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 0
REPORTING
------------------- --------------------------------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 2,891,656,682
(See Item 5)
----------------------- --------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 2,891,656,682
(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): 54.96%
(See Item 5)
----------------------- --------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: PN
(Page 4)
This Amendment No. 14 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 responsible solely
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.
Item 2. Identity and Background
The Merger (as that term is defined in Item 4 of Amendment No. 10 to
the Statement on Schedule 13D) became effective on May 9, 2003, pursuant to a
deed of merger which was executed by Olimpia and Holy on May 5, 2003. As a
result of the Merger (and as reported in Amendments No. 10 and 13 to the
Statement on Schedule 13D), the share capital of Olimpia is held by Pirelli,
Edizione Finance, Hopa, UCI and BCI in the following respective proportions:
50.4%, 16.8%, 16%, 8.4% and 8.4%. A copy of a press release issued by Olimpia
concerning the Merger is filed as Exhibit 34.
Pursuant to the Hopa Agreement, Hopa has nominated Mr. Emilio Gnutti
to serve on the Board of Directors of Olimpia. Mr. Gnutti's appointment as a
director of Olimpia was approved by a shareholders' meeting of Olimpia held on
May 5, 2003, and became effective as of that date. Information as to Mr. Gnutti
will be filed by amendment.
Item 5. Interest in Securities of the Issuer
As a result of the Merger, Olimpia's holding of Olivetti Shares
increased by 99,941,661, and its proportional holding of the total number of
Olivetti Shares reported to be outstanding has consequently increased from 27.4%
to 28.5%. Olimpia also acquired an additional 163,558,339 Olivetti Convertible
Bonds as a result of the Merger.
(Page 5)
Item 7. Material to be Filed as Exhibits
34. Press release of Olimpia S.p.A., dated as of May 5, 2003 [English
translation]
(Page 6)
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: May 15, 2003
EDIZIONE HOLDING S.p.A.
By: /s/ Gianni Mion
------------------------------------
Name: Gianni Mion
Title: Chief Executive Officer
(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: May 15, 2003
EDIZIONE FINANCE INTERNATIONAL S.A.
By: /s/ Gustave Stoffel
------------------------------------
Name: Gustave Stoffel
Title: Director
(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: May 15, 2003
RAGIONE S.a.p.a DI GILBERTO
BENETTON E C.
By: /s/ Gilberto Benetton
------------------------------------
Name: Gilberto Benetton
Title: Chairman
(Page 9)
EXHIBIT INDEX
34. Press release of Olimpia S.p.A., dated as of May 5, 2003 [English
translation]
(Page 10)