- -------------------------------------------------------------------------------
SEC POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF
1746 (11-02) INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND
UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER.
- -------------------------------------------------------------------------------
----------------------------
UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION ----------------------------
WASHINGTON, D.C. 20549 OMB Number: 3235-0145
----------------------------
Expires: December 31, 2007
----------------------------
Estimated average burden
hours per response . . . 11
----------------------------
SCHEDULE 13D/A
(AMENDMENT NO. 4)
Under the Securities Exchange Act of 1934
Flamel Technologies S.A.
- --------------------------------------------------------------------------------
(Name of Company)
Ordinary Shares, Nominal Value (Euro) 0.122 Per Share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
ISIN No. FR0004018711
(Ordinary Shares) CUSIP 338488109
- --------------------------------------------------------------------------------
(CUSIP Number of Class of Securities)
Oscar S. Schafer
- --------------------------------------------------------------------------------
O.S.S. Capital Management LP
598 Madison Avenue
New York, NY 10022
(212) 756-8700
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
August 31, 2007
- --------------------------------------------------------------------------------
(Date of Event which Requires
Filing of this Schedule)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D/A, and is filing this
schedule because of ss.ss.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 ss.240.13d-7 for other
parties to whom copies are to be sent.
* 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 ("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).------------------
(1) The Ordinary Shares have no CUSIP number. The ISIN number for the Ordinary
Shares is FR0004018711. The CUSIP number for the ADSs is 338488109.
SCHEDULE 13D/A
- --------------------------------------------------------------------------------
CUSIP NO. 338488109 PAGE 2 OF 16 PAGES
ISIN NO. FR0004018711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
O.S.S. Capital Management LP
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 6,346,047
OWNED BY ----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 0
----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
6,346,047
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
6,346,047
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5)
26.5%(see Item 5)
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
SCHEDULE 13D/A
- --------------------------------------------------------------------------------
CUSIP NO. 338488109 PAGE 3 OF 16 PAGES
ISIN NO. FR0004018711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Oscar S. Schafer & Partners I LP
- --------------------------------------------------------------------------------
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 PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 243,949
OWNED BY ----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 0
----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
243,949
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
243,949
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5)
1.0%(see Item 5)
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
SCHEDULE 13D/A
- --------------------------------------------------------------------------------
CUSIP NO. 338488109 PAGE 4 OF 16 PAGES
ISIN NO. FR0004018711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Oscar S. Schafer & Partners II LP
- --------------------------------------------------------------------------------
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 PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,665,872
OWNED BY ----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 0
----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,665,872
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
2,665,872
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5)
11.1%(see Item 5)
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
SCHEDULE 13D/A
- --------------------------------------------------------------------------------
CUSIP NO. 338488109 PAGE 5 OF 16 PAGES
ISIN NO. FR0004018711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
O.S.S. Overseas Fund Ltd.
- --------------------------------------------------------------------------------
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 PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 3,202,226
OWNED BY ----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 0
----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,202,226
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
3,202,226
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5)
13.4%(see Item 5)
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
SCHEDULE 13D/A
- --------------------------------------------------------------------------------
CUSIP NO. 338488109 PAGE 6 OF 16 PAGES
ISIN NO. FR0004018711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
O.S.S. Advisors LLC
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,909,821
OWNED BY ----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 0
----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,909,821
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
2,909,821
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5)
12.1%(see Item 5)
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
SCHEDULE 13D/A
- --------------------------------------------------------------------------------
CUSIP NO. 338488109 PAGE 7 OF 16 PAGES
ISIN NO. FR0004018711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Schafer Brothers LLC
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 6,346,047
OWNED BY ----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 0
----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
6,346,047
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
6,346,047
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5)
26.5%(see Item 5)
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
SCHEDULE 13D/A
- --------------------------------------------------------------------------------
CUSIP NO. 338488109 PAGE 8 OF 16 PAGES
ISIN NO. FR0004018711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Oscar S. Schafer
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
50,000
----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 6,346,047
OWNED BY ----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 50,000
----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
6,346,047
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
6,346,047
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5)
26.5%(see Item 5)
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
SCHEDULE 13D/A
- --------------------------------------------------------------------------------
CUSIP NO. 338488109 PAGE 9 OF 16 PAGES
ISIN NO. FR0004018711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Andrew Goffe
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
50,000
----------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 50,000
----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
50,000
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5)
.2%(see Item 5)
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
SCHEDULE 13D/A
- --------------------------------------------------------------------------------
CUSIP NO. 338488109 PAGE 10 OF 16 PAGES
ISIN NO. FR0004018711
- --------------------------------------------------------------------------------
Pursuant to Rule 13d-2 promulgated under the Act, this Schedule 13D/A
(the "AMENDMENT NO. 4") amends the Schedule 13D filed April 2, 2007 (Accession
Number 0000902664-07-001362) (the "ORIGINAL 13D"), the amended Schedule 13D
filed on April 5, 2007 (Accession Number 0000902664-07-001401) (the "FIRST
AMENDED 13D"), the amended Schedule 13D filed on July 18, 2007 (Accession Number
0000902664-07-002300) the "SECOND AMENDED 13D") and the amended Schedule 13D
filed on August 24, 2007 (Accession Number 0000902664-07-002703) the "THIRD
AMENDED 13D").
This Amendment No. 4 is being filed by Oscar S. Schafer & Partners I
LP, a Delaware limited partnership ("OSS I"), Oscar S. Schafer & Partners II LP,
a Delaware limited partnership ("OSS II", and together with OSS I, the
"PARTNERSHIPS"), O.S.S. Advisors LLC, a Delaware limited liability company (the
"GENERAL PARTNER"), O.S.S. Overseas Fund Ltd., a Cayman Islands exempted company
("OSS OVERSEAS"), O.S.S. Capital Management LP, a Delaware limited partnership
(the "INVESTMENT MANAGER"), Schafer Brothers, LLC, a Delaware limited liability
company ("SB LLC"), Mr. Andrew Goffe ("MR. GOFFE") and Mr. Oscar S. Schafer
("MR. SCHAFER" together with the Partnerships, the General Partner, OSS
Overseas, the Investment Manager, SB LLC and Mr. Schafer, the "REPORTING
PERSONS"), who serves as the senior managing member of the General Partner and
SB LLC. This Amendment No. 4 relates to the ordinary shares, nominal value
(euro) 0.122 per share, which are owned in the form of ADSs ("ORDINARY SHARES"),
of Flamel Technologies S.A., a SOCIETE ANONYME organized under the laws of the
Republic of France (the "COMPANY").
To the extent permitted by law, each Reporting Person disclaims
beneficial ownership of any of the securities covered by this statement.
ITEM 1. SECURITY AND ISSUER
Item 1 of the Third Amended 13D is amended and supplemented by adding
at the end thereof the following paragraph:
As set forth more fully in Item 5, between August 23, 2007 and August
31, 2007, the Reporting Persons acquired an additional 195,000 ADSs. As of
August 31, 2007, the Reporting Persons beneficially own, in aggregate, 6,346,047
Ordinary Shares, all of which are owned in the form of ADSs.
SCHEDULE 13D/A
- --------------------------------------------------------------------------------
CUSIP NO. 338488109 PAGE 11 OF 16 PAGES
ISIN NO. FR0004018711
- --------------------------------------------------------------------------------
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 of the Third Amended 13D is being amended and restated as
follows:
The total amount of funds used by each of the Partnerships and OSS
Overseas to purchase the securities of the Company as described herein was
furnished from the investment capital of the Partnerships and OSS Overseas, as
applicable.
The aggregate purchase price of the 243,949 Ordinary Shares
beneficially owned by OSS I was $4,805,818, inclusive of brokerage commissions.
The aggregate purchase price of the 2,665,872 Ordinary Shares
beneficially owned by OSS II was $51,873,564, inclusive of brokerage
commissions.
The aggregate purchase price of the 3,202,226 Ordinary Shares
beneficially owned by OSS Overseas was $60,984,091, inclusive of brokerage
commissions.
ITEM 4. PURPOSE OF TRANSACTION.
Item 4 of the Third Amended 13D is being amended and restated as
follows:
The Ordinary Shares acquired on August 31, 2007 were not acquired and
additional Ordinary Shares beneficially owned by each Reporting Person are not
held, in either case, for the purpose of or with the effect of influencing the
control of the Company or in connection with, or as a participant in, any
transaction having that purpose or effect.
SCHEDULE 13D/A
- --------------------------------------------------------------------------------
CUSIP NO. 338488109 PAGE 12 OF 16 PAGES
ISIN NO. FR0004018711
- --------------------------------------------------------------------------------
ITEM 5. INTEREST IN SECURITIES OF THE COMPANY.
Item 5 of the Third Amended 13D is being amended and restated as
follows:
(a), (b) The following table sets forth the aggregate number
and percentage of the outstanding Ordinary Shares beneficially owned by each of
the Reporting Persons named in Item 2, as of the date hereof. The percentage of
the outstanding Ordinary Shares beneficially owned is based on the 23,990,590
Ordinary Shares (based on calculations made in accordance with Rule 13d-3(d)).
The table also sets forth the number of Ordinary Shares with respect to which
each Reporting Person has the sole power to vote or to direct the vote, shared
power to vote or to direct the vote, sole power to dispose or to direct the
disposition, or shared power to dispose or to direct the disposition, in each
case as of the date hereof.
- --------------------------------------------------------------------------------
Number of Number of
Reporting Person Aggregate Number Ordinary Ordinary
of Ordinary Shares Shares: Sole Shares: Shared
Beneficially Approximate Power to Vote Power to Vote
Owned Percentage or to Dispose or to Dispose
- --------------------------------------------------------------------------------
Investment Manager 6,346,047 26.5% 0 6,346,047
- --------------------------------------------------------------------------------
OSS I 243,949 1.0% 0 243,949
- --------------------------------------------------------------------------------
OSS II 2,665,872 11.1% 0 2,665,872
- --------------------------------------------------------------------------------
OSS Overseas 3,202,226 13.4% 0 3,202,226
- --------------------------------------------------------------------------------
General Partner 2,909,821 12.1% 0 2,909,821
- --------------------------------------------------------------------------------
SB LLC 6,346,047 26.5% 0 6,346,047
- --------------------------------------------------------------------------------
Mr. Schafer 6,346,047 26.5% 50,000 6,346,047
- --------------------------------------------------------------------------------
Mr. Goffe 50,000 0.2% 50,000 50,000
- --------------------------------------------------------------------------------
Each of the transactions listed above were effected in the open market.
The Investment Manager, the General Partner, SB LLC, Mr. Schafer and Mr. Goffe
expressly declare that this filing shall not be construed as an admission that
each is, for the purposes of sections 13(d) or 13(g) of the Act, the beneficial
owner of any securities covered by this filing.
SCHEDULE 13D/A
- --------------------------------------------------------------------------------
CUSIP NO. 338488109 PAGE 13 OF 16 PAGES
ISIN NO. FR0004018711
- --------------------------------------------------------------------------------
(c) Except for the transactions set forth below, during the last sixty
days the Reporting Persons have effected no transactions with respect to the
Ordinary Shares.
- ------------------------------------------------------------------------------
Number of
Buy or Ordinary Price Per
Reporting Person Date Sell Shares/ADSs Share/ADS
- ------------------------------------------------------------------------------
OSS I 7/17/2007 Buy 6,612 $21.52
- ------------------------------------------------------------------------------
OSS I 8/23/2007 Buy 2,004 $11.42
- ------------------------------------------------------------------------------
OSS I 8/23/2007 Buy 3,997 $11.50
- ------------------------------------------------------------------------------
OSS I 8/31/2007 Buy 7,413 $9.09
- ------------------------------------------------------------------------------
OSS I 8/31/2007 Buy 401 $8.86
- ------------------------------------------------------------------------------
OSS II 7/17/2007 Buy 71,805 $21.52
- ------------------------------------------------------------------------------
OSS II 8/23/2007 Buy 21,759 $11.42
- ------------------------------------------------------------------------------
OSS II 8/23/2007 Buy 61,784 $11.50
- ------------------------------------------------------------------------------
OSS II 8/31/2007 Buy 80,509 $9.09
- ------------------------------------------------------------------------------
OSS II 8/31/2007 Buy 4,352 $8.86
- ------------------------------------------------------------------------------
OSS Overseas 7/17/2007 Buy 86,583 $21.52
- ------------------------------------------------------------------------------
OSS Overseas 8/23/2007 Buy 26,237 $11.42
- ------------------------------------------------------------------------------
OSS Overseas 8/23/2007 Buy 84,219 $11.50
- ------------------------------------------------------------------------------
OSS Overseas 8/31/2007 Buy 97,078 $9.09
- ------------------------------------------------------------------------------
OSS Overseas 8/31/2007 Buy 5,247 $8.86
- ------------------------------------------------------------------------------
(d) The (i) limited partners and the General Partner of the
Partnerships and (ii) the shareholders and the advisor of OSS Overseas have the
right to participate in the receipt of dividends from, and the proceeds from the
sale of, the securities held for the Partnerships and OSS Overseas,
respectively.
(e) Not applicable.
SCHEDULE 13D/A
- --------------------------------------------------------------------------------
CUSIP NO. 338488109 PAGE 14 OF 16 PAGES
ISIN NO. FR0004018711
- --------------------------------------------------------------------------------
SIGNATURES
After reasonable inquiry and to the best of his knowledge and belief,
each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: September 5, 2007
OSCAR S. SCHAFER
By:/s/ Oscar S. Schafer
--------------------------------------------------
Oscar S. Schafer, individually
O.S.S. CAPITAL MANAGEMENT LP
By: Schafer Brothers LLC, as General Partner
By:/s/ Oscar S. Schafer
---------------------------------------------
Name: Oscar S. Schafer
Title: Senior Managing Member
OSCAR S. SCHAFER & PARTNERS I LP
By: O.S.S. Advisors LLC, as General Partner
By:/s/ Oscar S. Schafer
---------------------------------------------
Name: Oscar S. Schafer
Title: Senior Managing Member
SCHEDULE 13D/A
- --------------------------------------------------------------------------------
CUSIP NO. 338488109 PAGE 15 OF 16 PAGES
ISIN NO. FR0004018711
- --------------------------------------------------------------------------------
OSCAR S. SCHAFER & PARTNERS II LP
By: O.S.S. Advisors LLC, as General Partner
By:/s/ Oscar S. Schafer
---------------------------------------------
Name: Oscar S. Schafer
Title: Senior Managing Member
O.S.S. OVERSEAS FUND LTD.
By:/s/ Oscar S. Schafer
----------------------------
Name: Oscar S. Schafer
Title: Director
O.S.S. ADVISORS LLC
By:/s/ Oscar S. Schafer
----------------------------
Name: Oscar S. Schafer
Title: Senior Managing Member
SCHAFER BROTHERS LLC
By:/s/ Oscar S. Schafer
--------------------------------------------------
Name: Oscar S. Schafer
Title: Senior Managing Member
SCHEDULE 13D/A
- --------------------------------------------------------------------------------
CUSIP NO. 338488109 PAGE 16 OF 16 PAGES
ISIN NO. FR0004018711
- --------------------------------------------------------------------------------
ANDREW GOFFE
By:/s/ Andrew Goffe
--------------------------------------
Andrew Goffe, individually