SECURITIES AND EXCHANGE
COMMISSION
Washington,
D.C. 20549
SCHEDULE
13D/A
Under the
Securities Exchange Act of 1934
(Amendment No. 2)
Nam Tai Property
Inc.
(Name of Issuer)
Common Shares,
par value US$0.01 per share
(Title of Class of Securities)
G63907102
(CUSIP Number)
Deutsche Bank
AG
c/o Deutsche Bank AG, Hong Kong Branch
Level 52, International Commerce Centre
1 Austin Road, West Kowloon, Hong Kong
Maria Chang/ Jessie Liu
+852 2203 8660
Cosimo Borrelli
c/o D&P China (HK) Limited (trading as Kroll)
Level 3, Three Pacific Place
1 Queens Road East, Hong Kong
+852 3761 3888
Tai Shaw Hoong
c/o D&P China (HK) Limited (trading as Kroll)
Level 3, Three Pacific Place
1 Queens Road East, Hong Kong
+852 3761 3888
Kent McParland
c/o Kroll Advisory (BVI) Limited
3rd Floor, Commerce House,
P.O. Box 3339, Road Town Tortola, British Virgin Islands
+1 284 340 2532
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and
Communications)
with a copy to:
DLA Piper Singapore
80 Raffles Place
UOB Plaza 1, #48-01
Singapore 048624
Attention: Timothy Tan/ David Kuo
March 23, 2022
(Date of Event Which Requires Filing of This Statement)
13DA
Page 1 of 8
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 240.13d-1(e),
240.13d-1(f) or 240.13d-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 240.13d-7 for other parties to whom copies are to be sent.
13DA
Page 2 of 8
1
NAMES OF REPORTING
PERSONS
Deutsche Bank AG
2
CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP
(a) x
(b)
3
SEC USE ONLY
4 SOURCE OF FUNDS (SEE
INSTRUCTIONS)
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL
PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
6
CITIZENSHIP OR PLACE OF
ORGANIZATION
Federal Republic of
Germany
NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH REPORTING
PERSON WITH
7 SOLE VOTING POWER
0
8
SHARED VOTING POWER
8,403,246
9
SOLE DISPOSITIVE
POWER
0
10
SHARED DISPOSITIVE
POWER
8,403,246
11
AGGREGATE AMOUNT BENEFICIALLY
OWNED BY EACH REPORTING PERSON
8,403,246
12
CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
13
PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW (11)
Approximately 21.41%
14
TYPE OF REPORTING
PERSON
BK, OO
13DA
Page 3 of 8
1
NAMES OF REPORTING
PERSONS
Cosimo Borrelli
2 CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP
(a) x
(b)
3 SEC USE ONLY
4 SOURCE OF FUNDS (SEE
INSTRUCTIONS)
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL
PROCEEDINGS IS REQUIRED PURSUANT TO ITEM
2(D) OR 2(E)
6 CITIZENSHIP OR PLACE OF
ORGANIZATION
Australia
NUMBER OF SHARES BENEFICIALLY
OWNED BY EACH REPORTING PERSON WITH
7 SOLE VOTING POWER
0
8
SHARED VOTING POWER
8,403,246
9
SOLE DISPOSITIVE
POWER
0
10
SHARED DISPOSITIVE
POWER
8,403,246
11
AGGREGATE AMOUNT BENEFICIALLY
OWNED BY EACH REPORTING PERSON
8,403,246
12
CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
13
PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW (11)
Approximately 21.41%
14
TYPE OF REPORTING PERSON
OO
13DA
Page 4 of 8
1
NAMES OF REPORTING PERSONS
Tai Shaw Hoong
2 CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP
(a) x
(b)
3
SEC USE ONLY
4 SOURCE OF FUNDS (SEE
INSTRUCTIONS)
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL
PROCEEDINGS IS REQUIRED PURSUANT TO ITEM
2(D) OR 2(E)
6
CITIZENSHIP OR PLACE OF
ORGANIZATION
Malaysia
NUMBER OF SHARES BENEFICIALLY
OWNED BY EACH REPORTING PERSON WITH
7 SOLE VOTING POWER
0
8
SHARED VOTING POWER
8,403,246
9
SOLE DISPOSITIVE
POWER
0
10
SHARED DISPOSITIVE
POWER
8,403,246
11
AGGREGATE AMOUNT BENEFICIALLY
OWNED BY EACH REPORTING PERSON
8,403,246
12
CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
13
PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW (11)
Approximately 21.41%
14
TYPE OF REPORTING
PERSON
OO
13DA
Page 5 of 8
1 NAMES OF REPORTING
PERSONS
Kent McParland
2 CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP
(a) x
(b)
3 SEC USE ONLY
4
SOURCE OF FUNDS (SEE
INSTRUCTIONS)
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL
PROCEEDINGS IS REQUIRED PURSUANT TO ITEM
2(D) OR 2(E)
6 CITIZENSHIP OR PLACE OF
ORGANIZATION
Canada
NUMBER OF SHARES BENEFICIALLY
OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
8,403,246
9
SOLE DISPOSITIVE
POWER
0
10
SHARED DISPOSITIVE
POWER
8,403,246
11
AGGREGATE AMOUNT BENEFICIALLY
OWNED BY EACH REPORTING PERSON
8,403,246
12
CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE
INSTRUCTIONS)
13
PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW (11)
Approximately 21.41%
14
TYPE OF REPORTING
PERSON
OO
13DA
Page 6 of 8
The following constitutes Amendment No. 2 to the Schedule 13D
filed by the undersigned (Amendment No. 2). This Amendment No. 2
amends the Schedule 13D as specifically set forth herein.
Item 4. Purpose of
Transaction
Item 4 of the Schedule 13D is
hereby amended by deleting the first
paragraph and replacing it with the following:
The Reporting Persons intend to dispose of the Pledged Shares
beneficially owned by them from time to time as they determine
appropriate depending upon market conditions, subject to compliance
with applicable law, as repayment of the outstanding loan amount
and satisfaction of other obligations under the Facility Agreement.
Sales of shares of Common Stock may be made by the Reporting
Persons, at any time and from time to time, in the open market
(including, without limitation, under Rule 144), in privately
negotiated transactions or otherwise. The transactions in Common
Shares by the Reporting Persons in the last 60 days are as
follows:
Nature of transaction Number of Price per
Common Shares Share
Sold
Open market sales - February 8, 2022
100,000
$9.0665
Open market sales - February 9, 2022
100,000
$9.1853
Open market sales - February 10, 2022
100,000
$9.1374
Open market sales - February 11, 2022
39,452
$9.0573
Open market sales - February 14, 2022
16,850
$9.0245
Open market sales - February 15, 2022
50,000 $8.8024
Open market sales - February 16, 2022
26,502
$8.5462
Open market sales - March 14, 2022 100,000
$6.0513
Open market sales - March 15, 2022
100,000
$6.1757
Open market sales - March 16, 2022
125,000
$6.3546
Open market sales - March 22, 2022
30,000
$6.8543
|
Item 5. Interest in Securities
of the Issuer
Item 5 of the Schedule 13D is
hereby amended by deleting the information
under (a) and (b) and replacing it with the following:
The responses of the Reporting Person to Rows (7) through (13)
of the cover pages and the information set forth in Item 2 of this
Statement are incorporated herein by reference.
DB AG and the other Reporting Persons may be deemed to
beneficially own 8,403,246 Common Shares, representing
approximately 21.41% of the total outstanding Common Shares of the
Issuer and 21.41% of the total voting power.
The percentages are based on 39,258,000 Shares outstanding as of
September 30, 2021, which is the total number of Shares outstanding
as reported in the Issuers Form 6-K filed with the Securities and
Exchange Commission on November 4, 2021.
In accordance with Securities and Exchange Commission Release
No. 34-395538 (January 12, 1998) (the Release), this filing
reflects the Common Shares beneficially owned by certain operating
units (collectively, the DB Reporting Units) of Deutsche Bank AG
and its subsidiaries and affiliates (collectively, the DB Group).
This filing does not reflect any Common Shares, if any,
beneficially owned by any operating units of the DB Group, whose
ownership of securities is disaggregated from that of the DB
Reporting Units in accordance with the Release. The DB Reporting
Units disclaim beneficial ownership of the securities beneficially
owned by (i) any client accounts with respect to which the DB
Reporting Units or their respective employees have voting or
investment discretion, or both, and (ii) certain investment
entities of which the DB Reporting Units act as the general
partner, managing general partner or other manager, to the extent
interests in such entities are held by persons other than the DB
Reporting Units.
13DA
Page 7 of 8
SIGNATURES
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.
Date: March 24, 2022
Deutsche Bank AG
By:
/s/ Michael Caro
Name: Michael Caro
Title: Vice President
/s/ Cosimo Borrelli
/s/ Tai Shaw Hoong
/s/ Kent McParland
13DA
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Page 8 of 8
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