UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 3)

 

 

Birks Group Inc.

(Name of Issuer)

Class A Voting Shares

(Title of Class of Securities)

09088U109

(CUSIP Number)

Etienne Biren, Mark Vrijhoef, Anthony Audia

1, rue Jean-Pierre Brasseur

+352 206 00 888 11

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

August 3, 2018

(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 §§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 Rule 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).

 

 

 


CUSIP No. 09088U109    Page 2 of 18

 

  1       

  NAMES OF REPORTING PERSONS

 

  MONTEL SÀRL

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)  ☐        (b)  ☐

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5      

  CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  LUXEMBOURG

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  8,846,692

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  8,846,692

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

   8,846,692

12      

  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  49.26%

14      

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  CO


CUSIP No. 09088U109    Page 3 of 18

 

  1       

  NAMES OF REPORTING PERSONS

 

   THE GRANDE ROUSSE TRUST

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)  ☐        (b)  ☐

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5      

  CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  BERMUDA

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  13,646,692

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  13,646,692

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

   13,646,692

12      

  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  75.98%

14      

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  OO


CUSIP No. 09088U109    Page 4 of 18

 

  1       

  NAMES OF REPORTING PERSONS

 

   MERITUS TRUST COMPANY LIMITED

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)  ☐        (b)  ☐

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5      

  CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  BERMUDA

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  13,646,692

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  13,646,692

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

   13,646,692

12      

  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  75.98%

14      

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  CO


CUSIP No. 09088U109    Page 5 of 18

 

  1       

  NAMES OF REPORTING PERSONS

 

   MANGROVE HOLDING S.A.

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)  ☐        (b)  ☐

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5      

  CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  SWITZERLAND

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  4,800,000

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  4,800,000

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

   4,800,000

12      

  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  26.72%

14      

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  CO


CUSIP No. 09088U109    Page 6 of 18

 

  1       

  NAMES OF REPORTING PERSONS

 

  CONFIDO LIMITED

  2      

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

  (a)  ☐        (b)  ☐

 

  3      

  SEC USE ONLY

 

  4      

  SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

  OO

  5      

  CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

 

  ☐

  6      

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  BERMUDA

NUMBER OF

SHARES

  BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    7     

  SOLE VOTING POWER

 

  0

  8     

  SHARED VOTING POWER

 

  13,646,692

  9     

  SOLE DISPOSITIVE POWER

 

  0

  10     

  SHARED DISPOSITIVE POWER

 

  13,646,692

11      

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  13,646,692

12      

  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

  ☐

13      

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  75.98%

14      

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  CO


CUSIP No. 09088U109    Page 7 of 18

 

Explanatory Note:

This Amendment No. 3 (the “Amendment No. 3”) amends and supplements the statement on Schedule 13D filed on January 14, 2013, as amended by Amendment No. 1, filed on December 22, 2015 and Amendment No. 2, filed on June 6, 2018, by Montrovest B.V., a corporation incorporated under the laws of the Netherlands, The Grande Rousse Trust, a trust established under the laws of Bermuda, Meritus Trust Company Limited, a corporation incorporated under the laws of Bermuda, Rohan Private Trust Company Ltd, a corporation incorporated under the laws of Bermuda, Montel Sàrl, a limited liability company organized under the laws of Luxembourg, Mangrove Holding S.A., a corporation incorporated under the laws of Switzerland, and Confido Limited, a corporation incorporated under the laws of Bermuda (the “Schedule 13D”).

On August 3, 2018, Montel Sàrl acquired Montrovest B.V. by way of a cross border legal merger in accordance with the provisions of Dutch law and Luxembourg law. As a result of the merger Montrovest B.V. ceased to exist and all of its assets and liabilities were transferred to Montel Sàrl.

Unless otherwise indicated herein, the information set forth in the Schedule 13D remains unchanged. Each capitalized term used in this Amendment No. 3 and not defined herein shall have the meanings ascribed to such term in the Schedule 13D.

Item 1. Security and Issuer

Item 1 is deleted in its entirety and replaced with the following text:

This Schedule 13D relates to Class A Voting Shares (“Class A Shares”) issued by Birks Group Inc., a Canadian corporation (“Birks”). The principal executive office of Birks is located at 2020 Robert-Bourassa Blvd., Suite 200, Montreal, Québec H3A 2A5 CANADA.

Item 2. Identity & Background

Item 2 is deleted in its entirety and replaced with the following text:

Montel Sàrl (“Montel”) is a limited liability company organized under the laws of Luxembourg, whose principal business address and principal office address is 44 rue de Strasbourg, L-2560 Luxembourg. The principal business of Montel is to be a holding and investment company. The Grande Rousse Trust is the sole shareholder of Montel.

Mangrove Holding S.A. (“Mangrove”) is a corporation incorporated under the laws of Switzerland whose principal business address and principal office address is 4 rue du Temple-Neuf, 2000 Neuchâtel, Switzerland. The principal business of Mangrove is to be a holding company. The Grande Rousse Trust is the sole shareholder of Mangrove.

The Grande Rousse Trust is a trust established under the laws of Bermuda whose principal business address and principal office address is 19 Par-La-Ville Road, 1 st Floor, Hamilton, Bermuda HM11. Meritus (defined below) is the trustee of The Grande Rousse Trust. Confido (defined below) is the protector of The Grande Rousse Trust. The Grande Rousse Trust was established for the principal purpose of holding and preserving assets for the benefit of discretionary beneficiaries. The Grande Rousse Trust is the sole shareholder of Montel and of Mangrove.


CUSIP No. 09088U109    Page 8 of 18

 

Meritus Trust Company Limited (“Meritus”) is a limited company incorporated under the laws of Bermuda whose principal business address and principal office address is 19 Par-La-Ville Road, 1 st Floor, Hamilton, HM11, Bermuda. Meritus is licensed to conduct trust business by the Bermuda Monetary Authority, and its principal business is to provide trust and fiduciary services.

Confido Limited (“Confido”), collectively with Montel, Mangrove, The Grande Rousse Trust and Meritus, the “Reporting Persons”) is a limited company incorporated under the laws of Bermuda whose principal business address is 19 Par-la-Ville Road, 1 st Floor, Hamilton Bermuda. Confido’s principal business is to act as protector of The Grande Rousse Trust. Confido has the power to remove the trustee of The Grande Rousse Trust. As a result, Confido may be deemed to have beneficial ownership of the Class A Shares.

During the last five years, none of the Reporting Persons or their respective executive officers, directors and control persons, have been convicted in a criminal proceeding. During the last five years, none of the Reporting Persons or their respective executive officers, directors and control persons, were a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which any such person was or is subject to a judgment, decree or final order enjoining future violations, or prohibiting or mandating activities subject to Federal or State securities laws or finding any violation with respect to such laws.


CUSIP No. 09088U109    Page 9 of 18

 

The executive officers, directors and control persons of Montel are:

 

Name and Address

  

Position

  

Citizenship

Etienne Biren

1, rue Jean-Pierre Brasseur,

L-1258 Luxembourg

   Manager    Belgian

Mark Vrijhoef

1, rue Jean-Pierre Brasseur,

L-1258 Luxembourg

   Manager    Dutch

Anthony Audia

1, rue Jean-Pierre Brasseur,

L-1258 Luxembourg

   Manager    French

The executive officers, directors and control persons of Mangrove are:

 

Name and Address

  

Position

  

Citizenship

Christian Reiser

15, Chemin de la Retuelle

1252 Meinier, Geneva

Switzerland

   Director    Swiss

The executive officers, directors and control persons of Meritus are:

 

Name and Address

  

Position

  

Citizenship

Dorothy Gazzard

Garden Grove

11 Melissa Lane, Warwick

WK03

Bermuda

   Director    Canadian

Barbara Patterson

Palm Vale

4 Fairyland Lane, Pembroke

HM05

Bermuda

   Director    Canadian

Allan Wiekenkamp

409 Belmonte PL

Nanaimo BC V9T 5A1

Canada

   Director    Canadian

Michelle Wolfe

Harbour Gardens

2 Harbour Road

Paget PG 01

Bermuda

   Director    Canadian


CUSIP No. 09088U109    Page 10 of 18

 

The executive officers, directors and control persons of Confido are:

 

Name and Address

  

Position

  

Citizenship

Peter O’Brien

4 Redpath Court

Montreal, Quebec H3G 1E1

Canada

   Director    Canadian

Mary Jane Gutteridge

Coral Ridge

11 Melville Road

Devonshire DV05,

Bermuda

   Director    Bermudian

Domingo Sugranyes Bickel

Marqués de Urquijo 10 007

centro,

Madrid 28008, Spain

   Director    Spanish

Antonie Jan de Ruiter

Spoorsingel 11

2871 TT Schoonhoven,

The Netherlands

   Director    Dutch

Item 5. Interest in Securities of the Issuer

Item 5 is deleted in its entirety and replaced with the following text:

(a) - (b)

Montel beneficially owns 8,846,692 Class A Shares, representing 49.26% of the outstanding Class A Shares. The Class A Shares beneficially owned by Montel represent 3,717,970 Class B Shares (the “Class B Shares”) convertible into 3,717,970 Class A Shares directly owned by Montel and 5,128,722 Class A Shares directly owned by Montel. The Class B Shares entitle the holder to ten votes for each Class B Share held and each Class B Share is convertible into one Class A Share.

As the sole shareholder of Montel, The Grande Rousse Trust is deemed to beneficially own the 8,846,692 Class A Shares beneficially owned by Montel, representing 49.26% of the outstanding Class A Shares.

Mangrove beneficially owns 4,800,000 Class A Shares, representing 26.72% of the outstanding Class A Shares. The Class A Shares beneficially owned by Mangrove represent 4,000,000 Class B Shares convertible into 4,000,000 Class A Shares directly owned by Mangrove and 800,000 Class A Shares directly owned by Mangrove. The Class B Shares entitle the holder to ten votes for each Class B Share held and each Class B Share is convertible into one Class A Share.

Meritus, as trustee of The Grande Rousse Trust, owns 100% of Montel and 100% of Mangrove. As a result, the Class A Shares and Class B Shares held by Montel and Mangrove are deemed to be beneficially owned by The Grande Rousse Trust. The 13,646,692 Class A Shares beneficially owned by The Grande Rousse Trust represent 7,717,970 Class B Shares convertible into 7,717,970 Class A Shares directly owned by Montel and Mangrove and 5,928,722 Class A Shares directly owned by Montel and Mangrove, representing 75.98% of the outstanding Class A Shares.


CUSIP No. 09088U109    Page 11 of 18

 

As the trustee of The Grande Rousse Trust, Meritus is deemed to beneficially own the 13,646,692 Class A Shares beneficially owned by The Grande Rousse Trust. The Class A Shares beneficially owned by Meritus represent 7,717,970 Class B Shares convertible into 7,717,970 Class A Shares directly owned by Montel and Mangrove and 5,928,722 Class A Shares directly owned by Montel and Mangrove, representing 75.98% of the Class A Shares.

Confido has the power to remove the trustee of The Grande Rousse Trust. As a result, Confido may be deemed to have beneficial ownership of the shares of Class A Shares held by Mangrove or Montel. Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission that Confido is the beneficial owner of the shares of Class A Shares held by Mangrove or Montel for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and Confido disclaims beneficial ownership of such shares.

None of the officers, directors and control persons of, Montel, Mangrove, Confido and Meritus holds Class A Shares or Class B Shares, other than 2,500 Class A Shares owned by Peter O’Brien

The number of Class A Shares as to which each of Montel, The Grande Rousse Trust, Meritus, Confido and Mangrove have sole voting power, shared voting power, sole dispositive power and shared dispositive power is set forth in boxes 7, 8, 9 and 10, respectively, on the second part of the cover page to this Schedule 13D, and such information is incorporated herein by reference.

(c)

Except as described in this Amendment No. 3, no other transactions involving the securities of Birks were effected during the past sixty days or since the most recent filing on Schedule 13D, whichever is less, by the Reporting Persons.

(d)

No other person is known to have a right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Class A Shares beneficially owned by the Reporting Persons.


CUSIP No. 09088U109    Page 12 of 18

 

Item 7. Materials to be Filed as Exhibits

 

  1.

Agreement Concerning Joint Filing of Schedule 13D, as amended, dated as of December 18, 2018 among Montel Sàrl, The Grande Rousse Trust, Meritus Trust Company Limited, Mangrove Holding S.A. and Confido Limited


CUSIP No. 09088U109    Page 13 of 18

 

SIGNATURE

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Dated: December 18, 2018     Montel Sàrl
    By:  

/s/ Etienne Biren

    Name:   Etienne Biren
    Title:   Manager
    By:  

/s/ Anthony Audia

    Name:   Anthony Audia
    Title:   Manager


CUSIP No. 09088U109    Page 14 of 18

 

SIGNATURE

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Dated: December 18, 2018    

Meritus Trust Company Limited

As Trustee of The Grande Rousse Trust

    By:  

/s/ Dorothy Gazzard

    Name:   Dorothy Gazzard
    Title:   Director
    By:  

/s/ Michelle Wolfe

    Name:   Michelle Wolfe
    Title:   Director


CUSIP No. 09088U109    Page 15 of 18

 

SIGNATURE

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Dated: December 18, 2018     Meritus Trust Company Limited
    By:  

/s/ Dorothy Gazzard

    Name:   Dorothy Gazzard
    Title:   Director
    By:  

/s/ Michelle Wolfe

    Name:   Michelle Wolfe
    Title:   Director


CUSIP No. 09088U109    Page 16 of 18

 

SIGNATURE

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Dated: December 18, 2018     Mangrove Holding S.A.
    By:  

/s/ Christian Reiser

    Name:   Christian Reiser
    Title:   Director


CUSIP No. 09088U109    Page 17 of 18

 

SIGNATURE

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Dated: December 18, 2018     Confido Limited
    By:  

/s/ Mary Jane Gutteridge

    Name:   Mary Jane Gutteridge
    Title:   Director


CUSIP No. 09088U109    Page 18 of 18

 

Exhibit Index

 

Exhibit
No.

  

Description

Exhibit 1    Agreement Concerning Joint Filing of Schedule 13D, as amended, dated as of December 18, 2018 among Montel Sàrl., The Grande Rousse Trust, Meritus Trust Company Limited, Mangrove Holding S.A. and Confido Limited.

 

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