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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 4)
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)
May 24, 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
- --------------------------------------------------------------------------------
1. Names of Reporting Persons I.R.S. Identification Nos. of Above Persons
(Entities Only)
Convergys Corporation
I.R.S. ID No. 31-1598292
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Source of Funds
BK
- --------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6. Citizenship or Place of Organization
Ohio
- --------------------------------------------------------------------------------
7. Sole Voting Power
4,829,939
Number of Shares
Beneficially Owned 8. Shared Voting Power
by Each 0
Reporting
Person with 9. Sole Dispositive Power
4,829,939
10. Shared Dispositive Power
0
- --------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned By Each Reporting Person
4,829,939
- --------------------------------------------------------------------------------
12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
- --------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
68.2%
- --------------------------------------------------------------------------------
14. Type of Reporting Person
HC
- --------------------------------------------------------------------------------
2
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SCHEDULE 13D
CUSIP No. M98105-105
- --------------------------------------------------------------------------------
1. Names of Reporting Persons I.R.S. Identification Nos. of Above Persons
(Entities Only)
Convergys Information Management Group Inc.
I.R.S. ID. No. 31-1069790
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Source of Funds
Not applicable, because not purchasing shares
- --------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6. Citizenship or Place of Organization
Ohio
- --------------------------------------------------------------------------------
7. Sole Voting Power
0
Number of Shares
Beneficially Owned 8. Shared Voting Power
by Each 0
Reporting
Person with 9. Sole Dispositive Power
0
10. Shared Dispositive Power
0
- --------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned By Each Reporting Person
0
- --------------------------------------------------------------------------------
12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
- --------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
0.0%
- --------------------------------------------------------------------------------
14. Type of Reporting Person
CO
3
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SCHEDULE 13D
CUSIP No. M98105-105
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
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 if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6. Citizenship or Place of Organization
State of Israel
- --------------------------------------------------------------------------------
7. Sole Voting Power
4,829,939
Number of Shares
Beneficially Owned 8. Shared Voting Power
by Each 0
Reporting
Person with 9. Sole Dispositive Power
4,829,939
10. Shared Dispositive Power
0
- --------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned By Each Reporting Person
4,829,939
- --------------------------------------------------------------------------------
12. Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
- --------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
68.2%
- --------------------------------------------------------------------------------
14. Type of Reporting Person
CO
4
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This Amendment No. 4 to Schedule 13D is filed by Convergys Corporation
("Parent"), Convergys Information Management Group Inc. ("Convergys IMG") and
Convergys Israel Investments Ltd. ("Sub") to amend and supplement the Schedule
13D, as amended, previously filed.
Item 4. Purpose of Transaction
Item 4 of the Schedule 13D is amended and supplemented by adding the
following:
With respect to the offer to purchase all of the outstanding Ordinary
Shares, New Israeli Shekel 1 Par Value (the "Shares"), of Wiztec Solutions Ltd.,
a company limited by shares duly registered under the laws of the State of
Israel (the "Company"), Sub purchased and currently owns 4,829,939 Shares (of
which 4,750,000 Shares were tendered by an affiliate of Sub) or approximately
68.2% of the Shares outstanding, at the purchase price of $18.30 per Share, net
to the Seller in cash. Since holders of at least 90% of the Shares did not
accept the recently completed tender offer, as set forth in the previously
distributed offer to purchase materials, in order to increase Sub's Share
ownership, Sub is electing to engage, from time to time, in its sole
discretion, in open market and privately negotiated purchases of Shares and
warrants to purchase Shares, at prices which may be greater or less than the
Offer Price of $18.30 per Share.
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: May 24, 1999
Convergys Corporation
By: /s/ William D. Baskett III
-------------------------------------
Name: William D. Baskett III
Title: General Counsel and Secretary
Convergys Information Management Group Inc.
By: /s/ Roy T. Heggland
-------------------------------------
Name: Roy T. Heggland
Title: Senior Vice President and General
Counsel
Convergys Israel Investments Ltd.
By: William D. Baskett III
-------------------------------------
Name: William D. Baskett III
Title: Vice President
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