SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D/A
(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. 2)
AMDOCS LIMITED
______________________________________________________________________
(Name of Issuer)
Ordinary Shares, par value (pound) 0.01
______________________________________________________________________
(Title of Class of Securities)
G02602 10 3
______________________________________________________________________
(Cusip Number)
Wayne Wirtz, Esq.
SBC Communications Inc.
175 East Houston
San Antonio, TX 78205
(210) 351-3736
______________________________________________________________________
(Name and Address, and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 19, 2000
______________________________________________________________________
(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 which 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
[ ].
(continued on following pages)
(Page 1 of 10 Pages)
- --------------------------- ---------------------- ---------------------------
CUSIP NO. G02602 10 3 13D/A Page 2 of 10 Pages
- --------------------------- ---------------------- ---------------------------
1 NAME OF REPORTING PERSON SBC COMMUNICATIONS INC.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 43-1301883
- ------ -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
- ------ -----------------------------------------------------------------------
3 SEC USE ONLY
- ------ -----------------------------------------------------------------------
4 SOURCE OF FUNDS AF
- ------ -----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
- ------ -----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
- -------------------- ---- ----------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 0
SHARES ---- ----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 43,678,658*
OWNED BY * Of the Shares beneficially owned by SBC, 13,024,520
EACH Shares are non-voting.
REPORTING ---- ----------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER 0
WITH ---- ----------------------------------------------------
10 SHARED DISPOSITIVE POWER 33,678,658
- -------------------- ---- ----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 43,678,658
- ------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES [ ]
- ------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.7%
- ------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON HC
- ------ -----------------------------------------------------------------------
- --------------------------- --------------------- ---------------------------
CUSIP NO. G02602 10 3 13D/A Page 3 of 10 Pages
- --------------------------------- ------------------------------- -----------
1 NAME OF REPORTING PERSON SBC INTERNATIONAL INC.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 43-1380735
- ------ ----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(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 Delaware
- ------ ----------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 0
SHARES ---- ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 43,678,658*
OWNED BY * Of the Shares beneficially owned by SBC, 13,024,520
EACH Shares are non-voting.
REPORTING ---- ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER 0
WITH
- -------------------- ---- ----------------------------------------------------
10 SHARED DISPOSITIVE POWER 33,678,658
- -------- ---------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 43,678,658
- -------- ---------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES [ ]
- -------- ---------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.7%
- -------- ---------------------------------------------------------------------
14 TYPE OF REPORTING PERSON CO
- -------- ---------------------------------------------------------------------
- ------------------------------ ----------------------- -------------------
CUSIP NO. G02602 10 3 13D/A Page 4 of 10 Pages
- --------------------------------- ------------------------------ -------------
1 NAME OF REPORTING PERSON SBC OPTION DELIVERY, LLC
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- ------ -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(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 Delaware
- ------ -----------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 0
SHARES ---- ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 17,448,823*
OWNED BY * Of the Shares beneficially owned by SBC, 13,024,520
EACH Shares are non-voting.
REPORTING ---- ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER 0
WITH ---- ---------------------------------------------------
10 SHARED DISPOSITIVE POWER 17,448,823
- ------- ----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 17,448,823
- ------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES [ ]
- ------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.9%
- ------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON CO
- ------- ----------------------------------------------------------------------
Page 5 of 10 Pages
AMENDMENT NO. 2 TO SCHEDULE 13D
RELATING TO ORDINARY SHARES
OF AMDOCS LIMITED
This Amendment No. 2 to the Schedule 13D filed on February 22, 2000 (the
"Original 13D"), by SBC Communications Inc. ("SBC") and SBC International Inc.
("SBCI") is being filed to report their beneficial ownership of ordinary shares
of Amdocs Limited (the "Company") by proxy.
Item 1. Security and Issuer
This statement relates to the Ordinary Shares, par value (pound) 0.01 (the
"Shares"), of Amdocs Limited, a company organized under the laws of the Island
of Guernsey. The Shares trade on the New York Stock Exchange under the symbol
"DOX". The principal executive office of the Company is Suite 5, Tower Hill
House Le Bordage, St. Peter Port, Island of Guernsey, GY1 3QT Channel Islands.
Item 4. Purpose of Transaction
On December 19, 2000, Amdocs International Limited ("AIL") entered into an
agreement with SBCI whereby AIL granted to SBCI an irrevocable proxy for
10,000,000 Shares (the "Proxy Shares"). The proxy will expire on the earlier of
a default under a related agreement between AIL and a third party or June 11,
2002 (the "Proxy").
Item 5. Interest in Securities of the Issuer
(a) SBCI beneficially owns 43,678,658 Shares representing 19.7% of the
outstanding ordinary Shares class. SBCO directly beneficially owns
17,448,823 Shares representing 7.9% of the outstanding ordinary Shares
class. As of February 1, 2001, the capital structure of Amdocs Limited is
made up of 221,318,000 Shares (according to Form 6-K filed by Amdocs
Limited on February 1, 2001). SBC possesses ultimate beneficial ownership
of the Shares by virtue of its ownership of SBCI and SBCO.
(b) Of the 43,678,658 Shares beneficially owned by SBC, SBC has shared
dispositive power over 33,678,658 Shares, of which 20,654,138 Shares have
voting rights and 13,024,520 Shares are non-voting Shares. Each non-voting
Share will convert into one Share with voting rights upon its sale. In
addition, SBC has shared voting power over 10,000,000 Shares pursuant to
the Proxy. SBC has ultimate control over the voting of the 10,000,00 Proxy
Shares. SBC has ultimate control over the voting and disposition of the
33,678,658 Shares held by SBCI and SBCO by virtue of its ownership of SBCI.
Page 6 of 10 Pages
SBCI beneficial ownership interest:
Percent of class: 19.7%
Sole power to vote or to direct the vote: 0 Shares
Shared power to vote or to direct the vote: 43,678,658 Shares*
Sole power to dispose or to direct the disposition of: 0 Shares
Shared power to dispose or direct the disposition of: 33,678,658 Shares
SBCO beneficial ownership interest:
Percent of class: 7.9%
Sole power to vote or to direct the vote: 0 Shares
Shared power to vote or to direct the vote: 17,448,823 Shares*
Sole power to dispose or to direct the disposition of: 0 Shares
Shared power to dispose or direct the disposition of: 17,448,823 Shares
* Of the Shares beneficially owned by SBC, 13,024,520 Shares are
non-voting so long as they are owned by SBC.
(c) None
(d) None.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
Securities of the Issuer
See Item 4.
Item 7. Material to be Filed as Exhibits
Exhibit No. Description
1 Agreement dated December 19, 2000, between Amdocs International
Limited and SBC International, Inc.
Page 7 of 10 Pages
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.
SBC COMMUNICATIONS INC.
Dated: February 27, 2001 By: /s/ James S. Kahan
James S. Kahan
Executive Vice President - Development
SBC INTERNATIONAL INC.
Dated: February 27, 2001 By: /s/ James S. Kahan
James S. Kahan
Senior Executive Vice President -
Corporate Development
SBC OPTION DELIVERY, LLC
By SBC Hedging Management, LLC
Manager of SBC Option Delivery, LLC
Dated: February 27, 2001 By: /s/ Michael D. Wagner
Michael D. Wagner
Director, SBC Hedging Management, LLC
Page 8 of 10 Pages
EXHIBIT INDEX
Exhibit No. Description
1 Agreement dated December 19, 2000, between Amdocs
International Limited and SBC International, Inc.
Page 9 of 10 Pages
EXHIBIT I
AGREEMENT
Made on this 19th day of December, 2000 by and between Amdocs International
Limited ("AIL"), a company incorporated in Guernsey, and SBC International,
Inc., a Delaware corporation ("SBC").
WHEREAS AIL owns 10,000,000 Ordinary Shares (the "Traces Shares") of
Amdocs Limited (the "Company") which Traces Shares are subject
to a pledge in favor of Chase Manhattan Bank (the "Pledge") to
secure AIL's obligation to sell such Traces Shares to the Amdocs
Automatic Common Exchange Security Trust (the "Trust") on June 11,
2002 in accordance with the terms of a Purchase Agreement between
AIL and the Trust; and,
WHEREAS AIL desires to grant SBC an irrevocable proxy with respect to the
Traces Shares, and SBC desires to accept such proxy, all in
accordance with Exhibit "A" attached to this Agreement
("Irrevocable Proxy")
NOW, THEREFORE, the parties have agreed as follows:
1. For value received, AIL hereby grants SBC a proxy with regard to the Traces
Shares as set forth in the Irrevocable Proxy. The Irrevocable Proxy will
expire upon the earlier of June 11, 2002 or such time in which AIL notifies
SBC that AIL was notified that an event of default has occurred under the
Pledge.
2. This agreement shall be governed by and construed in accordance with the
laws of the Island of Guernsey without regard to its conflict of laws
provisions.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed in their
respective names on the date(s) set forth below.
Amdocs International Limited SBC International, Inc.
By: /s/ Zvi Meitar By: /s/ John B. Gibson
Name: Zvi Meitar Name: John B. Gibson
Title: ________________ Title: Vice President and General
By: /s/ Hillel Peled Counsel and Assistant Secretary
Name: Hillel Peled Date: December 19, 2000
Title: _______________
Date: _______________
Page 10 of 10 Pages
IRREVOCABLE PROXY
Exhibit "A"
The undersigned, Amdocs International Limited ("AIL"), a company incorporated in
Guernsey, hereby irrevocably appoints SBC International, Inc. (the "Proxy"),
subject to the terms hereinafter, as its proxy to represent AIL and to vote in
its name at any and all general meetings of Amdocs Limited (the "Company"),
including general meetings convened for the purposes of adopting extraordinary
resolutions, and to sign on its behalf on any written resolution of the
shareholders of the Company. The authorization and appointment of Proxy relates
to 10,000,000 Ordinary Shares of the Company evidenced by share certificate
number AL 0379 (the "Shares") currently held and beneficially owned by AIL which
Shares are subject to a pledge in favor of Chase Manhattan Bank (the "Pledge")
to secure AIL's obligation to sell such Traces Shares to the Amdocs Automatic
Common Exchange Security Trust (the "Trust") on June 11, 2002 in accordance with
the terms of a Purchase Agreement with the Trust. In the event of a subdivision
of the Company's capital and/or any share dividend, bonus shares,
reclassification of shares, etc., this proxy shall apply to an adjusted number
of Shares respectively. Following this irrevocable proxy granted to Proxy
regarding the Shares, AIL will not be able to exercise any voting rights
regarding the Shares, even if the Proxy chooses not to exercise the powers
granted to him regarding the Shares (in whole or in part) under this proxy. This
proxy will expire upon the earlier of June 11, 2002 or such time in which AIL
notifies the Proxy that AIL was notified that an event of default has occurred
under the Pledge.
The Proxy, at his sole discretion may attend, or choose not to attend, any
meeting of the shareholders of the Company and may exercise at his sole
discretion, or choose not to exercise, the voting rights vested in the Shares.
AMDOCS INTERNATIONAL LIMITED
Name: Svi Meitar
Date: December 19, 2000
Signature: /s/ Svi Meitar
Name: Hillel Peled
Date: December 19, 2000
Signature: /s/ Hillel Peled