UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________________
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
(Amendment No. 1)*
Agritope, Inc.
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(Name of issuer)
Common Stock, $.01 par value per share
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(Title of class of securities)
00855D107
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(CUSIP Number)
Pierre Lefebvre
Vilmorin Clause & Cie
B.P. 1
63720 Chappes, France
011-33-4-73-63-43-72
with a copy to:
Piper Marbury Rudnick & Wolfe LLP
1251 Avenue of the Americas
New York, New York 10020-1104
Attention: Garry P. McCormack, Esq.
212-835-6210
---------------------------------------------
(Name, address and telephone number of person authorized
to receive notices and communications)
December 31, 1999
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(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
statement because of Rule 13d-1(e), 13d-1(f) or 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(b) 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 (the "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).
Page 1 of 7 Pages
<PAGE>
CUSIP No. 00855D107 13D Page 2 of 7 Pages
- -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Vilmorin Clause & Cie
- -------------------------------------------------------------------
- -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- -------------------------------------------------------------------
- -------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------
- -------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC, OO
- -------------------------------------------------------------------
- -------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) |_|
- -------------------------------------------------------------------
- -------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
France
- -------------------------------------------------------------------
------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 651,785
------------------------------------------------------
------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
------------------------------------------------------
------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 651,785
------------------------------------------------------
------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
0
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- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
651,785
- ------------------------------------------------------------------
- ------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- ------------------------------------------------------------------
- ------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.0%
- ------------------------------------------------------------------
- ------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC, CO
- ------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT*
<PAGE>
CUSIP No. 00855D107 13D Page 3 of 7 Pages
- -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Groupe Limagrain Holding S.A.
- -------------------------------------------------------------------
- -------------------------------------------------------------------
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 ITEMS 2(d) or 2(e) |_|
- -------------------------------------------------------------------
- -------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
France
- -------------------------------------------------------------------
------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 651,785
------------------------------------------------------
------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
------------------------------------------------------
------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 651,785
------------------------------------------------------
------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
0
------------------------------------------------------
- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
651,785
- ------------------------------------------------------------------
- ------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- ------------------------------------------------------------------
- ------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.0%
- ------------------------------------------------------------------
- ------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC, CO
- ------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT*
<PAGE>
CUSIP No. 00855D107 13D Page 4 of 7 Pages
- -------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Societe Cooperative Agricole Limagrain
- -------------------------------------------------------------------
- -------------------------------------------------------------------
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 ITEMS 2(d) or 2(e) |_|
- -------------------------------------------------------------------
- -------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
France
- -------------------------------------------------------------------
------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 651,785
------------------------------------------------------
------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
------------------------------------------------------
------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON 651,785
------------------------------------------------------
------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
0
------------------------------------------------------
- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
651,785
- ------------------------------------------------------------------
- ------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
- ------------------------------------------------------------------
- ------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
16.0%
- ------------------------------------------------------------------
- ------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC, OO
- ------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT*
<PAGE>
Page 5 of 7 Pages
This Amendment No. 1 amends and supplements the Statement on Schedule 13D, dated
September 28, 1999 (the "Schedule 13D"), filed by Vilmorin Clause & Cie, a
French societe anonyme ("Vilmorin"), Groupe Limagrain Holding S.A., a French
societe anonyme ("Groupe Limagrain"), and Societe Cooperative Agricole
Limagrain, a French agricultural cooperative (the "Cooperative"), with respect
to the Common Stock, $.01 par value per share (the "Common Stock"), of Agritope,
Inc., a Delaware corporation ("Agritope"). Capitalized terms used herein and not
otherwise defined herein have the meanings ascribed to them in the Schedule 13D.
Item 3. Source and Amount of Funds or Other Consideration
Item 3 of the Schedule 13D is hereby amended and supplemented by the
addition of the following paragraph:
On December 31, 1999, Vilmorin transferred to Hazera Quality Seeds Ltd., an
Israeli corporation ("Hazera"), record ownership of the 150,000 shares of Series
A Preferred Stock and 37,500 warrants to purchase shares of Series A Preferred
Stock that Vilmorin had purchased on behalf of Hazera under the letter agreement
dated September 22, 1999 (the "Letter Agreement"). No additional funds were
paid by either party in connection with this transfer.
Item 4. Purpose of Transaction
Item 4 of the Schedule 13D is hereby amended by deleting the second
paragraph thereof in its entirety and replacing it with following paragraph:
Vilmorin currently holds its interest in Agritope for investment purposes.
Vilmorin intends to continuously review its position in Agritope and, depending
on future evaluations of the business prospects of Agritope and on other
developments, including but not limited to general economic and business
conditions and stock market conditions, Vilmorin may retain or from time to time
increase its holdings or dispose of all or a portion of its holdings in
Agritope, subject to any applicable legal and contractual restrictions on its
ability to do so.
Item 5. Interest in Securities of the Issuer
Item 5 of the Schedule 13D is hereby deleted in its entirety and replaced
with the following:
The responses to Items 3, 4 and 6 of this statement are incorporated herein
by reference.
As of the date hereof, Vilmorin beneficially owns, and each of Groupe Limagrain
and the Cooperative indirectly beneficially owns, an aggregate of 651,785 shares
of Series A Preferred Stock, consisting of: (i) 214,285 shares of Series A
Preferred Stock that Vilmorin purchased in connection with a research and
development collaboration between Agritope and Vilmorin in December 1997; plus
(ii) 500,000 shares of Series A Preferred Stock that Vilmorin purchased pursuant
to the Unit Purchase Agreement; plus (iii) warrants (the "Warrants") to purchase
an additional 125,000 shares of Series A Preferred Stock at any time prior to
September 28, 2004 that Vilmorin also purchased pursuant to the Unit Purchase
Agreement; less (iv) 150,000 shares of Series A Preferred Stock and 37,500
<PAGE>
Page 6 of 7 Pages
Warrants that Vilmorin transferred to Hazera on December 31, 1999, pursuant to
the Letter Agreement.
The shares of Series A Preferred Stock are convertible into shares of Common
Stock pursuant to Section 6 of the Certificate of Designation, Preferences and
Rights of the Series A Preferred Stock of Agritope, Inc. (the "Certificate of
Designation"), which sets forth a formula for determining the number of shares
of Common Stock issuable, as at any date, upon conversion of the Series A
Preferred Stock. Under the Certificate of Designation, each share of Series A
Preferred Stock is currently convertible at the option of the holder into one
share of Common Stock. Accordingly, the shares of Series A Preferred Stock owned
by Vilmorin, together with the shares of Series A Preferred Stock issuable upon
exercise of the Warrants, are currently convertible into 651,785 shares of
Common Stock.
Each of Vilmorin, directly, and Groupe Limagrain and the Cooperative,
indirectly, has sole power to vote or direct the vote and sole power to dispose
or direct the disposition of the 651,785 shares of Common Stock issuable upon
conversion of the shares of Series A Preferred Stock beneficially owned by
Vilmorin. These 651,785 shares of Common Stock represent approximately 16.0% of
the Common Stock outstanding, based on calculations made in accordance with Rule
13d-3(d) of the Securities and Exchange Act of 1934, as amended, and based on
there being 4,070,612 shares of Common Stock outstanding as of November 30,
1999.
No other person is known to have the right to receive or the power to direct the
receipt of dividends from, or the proceeds of the sale of, any securities of
Agritope that are beneficially owned by Vilmorin, Group Limagrain or the
Cooperative.
[REMAINDER OF PAGE INTENTIONALLY BLANK]
<PAGE>
Page 7 of 7 Pages
Signature
After reasonable inquiry and to the best of his knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Dated: January 10, 1999
VILMORIN CLAUSE & CIE
By: /s/___________________________
Name: Pierre Lefebvre
Title: CEO
GROUPE LIMAGRAIN HOLDING S.A.
By: /s/___________________________
Name: Pierre Lefebvre
Title: Deputy CEO
SOCIETE COOPERATIVE AGRICOLE LIMAGRAIN
By: /s/__________________________
Name: Alain Catala
Title: CEO
