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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 8)
Under the Securities Exchange Act of 1934
Wiztec Solutions Ltd.
(Name of Issuer)
Ordinary Shares
New Israeli Shekel 1 Par Value
(Title of Class of Securities)
M98105-105
(CUSIP Number)
William D. Baskett III
General Counsel and Secretary
Convergys Corporation
201 East Fourth Street
Cincinnati, Ohio 45202
513-723-2444
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
September 1, 1999
(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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g) check
the following box [ ].
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SCHEDULE 13D
CUSIP No. M98105-105
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1. Names of Reporting Persons I.R.S. Identification Nos. of Above Persons
(Entities Only)
Convergys Corporation
I.R.S. ID No. 31-1598292
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2. Check the Appropriate Box if a Member of a Group
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC Use Only
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4. Source of Funds
BK
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5. Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) [ ]
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6. Citizenship or Place of Organization
Ohio
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7. Sole Voting Power
7,299,378
Number of Shares
Beneficially Owned 8. Shared Voting Power
by Each 0
Reporting
Person with 9. Sole Dispositive Power
7,299,378
10. Shared Dispositive Power
0
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11. Aggregate Amount Beneficially Owned By Each Reporting Person
7,299,378
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12. Check Box if the Aggregate Amount in Row (11) Excludes Certain
Shares [ ]
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13. Percent of Class Represented by Amount in Row (11)
95.4%
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14. Type of Reporting Person
HC
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SCHEDULE 13D
CUSIP No. M98105-105
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1. Names of Reporting Persons I.R.S. Identification Nos. of Above Persons
(Entities Only)
Convergys Israel Investments Ltd.
I.R.S. ID. No. Not applicable
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2. Check the Appropriate Box if a Member of a Group
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC Use Only
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4. Source of Funds
AF
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5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [ ]
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6. Citizenship or Place of Organization
State of Israel
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7. Sole Voting Power
7,299,378
Number of Shares
Beneficially Owned 8. Shared Voting Power
by Each 0
Reporting
Person with 9. Sole Dispositive Power
7,299,378
10. Shared Dispositive Power
0
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11. Aggregate Amount Beneficially Owned By Each Reporting Person
7,299,378
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12. Check Box if the Aggregate Amount in Row (11) Excludes Certain
Shares [ ]
- --------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
95.4%
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14. Type of Reporting Person
CO
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This Amendment No. 8 to Schedule 13D is filed by Convergys Corporation,
an Ohio corporation ("Parent"), and Convergys Israel Investments Ltd., a company
limited by shares duly registered under the laws of the State of Israel ("Sub")
and a wholly owned subsidiary of Parent, hereby amend and supplement their
Schedule 13D, originally filed on April 1, 1999, as amended (the "Schedule
13D").
Item 4. Purpose of Transaction
Item 4 of the Schedule 13D is amended and supplemented by adding the following:
Sub has commenced the compulsory acquisition procedure pursuant to
Section 236 of the Companies Ordinance [New Version], 5743-1983, of the State of
Israel, as described in the previously distributed offer to purchase materials.
On September 1, 1999 Sub gave notice of the compulsory acquisition of the
remaining Ordinary Shares of the Company that it did not acquire during its
recent tender offers for the Company's Shares. Sub currently owns 7,299,378
Shares, or 95.4% of the Shares outstanding. There are 355,334 outstanding Shares
that are not currently owned by Sub, which constitute 4.6% of the Company's
outstanding Shares. The information set forth in "Special Factors - Background
of the Offer" and "Section 7: Companies Ordinance Section 236" of the Offer to
Purchase dated July 2, 1999 is incorporated herein by reference.
Item 5 of the Schedule 13D is amended and supplemented as follows:
(a) Parent and Sub beneficially own a total of 7,299,378 Shares, which
represents 95.4% of the Shares outstanding as of August 25, 1999.
(b) Sub directly has, and Parent indirectly has, sole power to vote and
direct the disposition of 7,299,378 Shares.
(c) On August 19, 1999, Sub purchased 2,700 Shares at the price of
$24.875 per Share and 1,000 Shares at the price of $24.750 per Share, in private
purchases.
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SIGNATURES
After reasonable inquiry and to the best of their knowledge and belief,
the undersigned certify that the information set forth in this Statement is
true, complete and correct. In executing this Statement, the undersigned agree,
to the extent required by Rule 13d-1(f), that this Statement is being filed on
behalf of each of the reporting persons herein.
Dated: September 3, 1999
Convergys Corporation
By: /s/ William D. Baskett III
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Name: William D. Baskett III
Title: General Counsel and Secretary
Convergys Israel Investments Ltd.
By: /s/ William D. Baskett III
----------------------------------------
Name: William D. Baskett III
Title: Vice President
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