U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Telus Corporation
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(Last) (First) (Middle)
3777 Kingsway
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(Street)
Burnaby B.C., Canada V5H 3Z7
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
August 20, 2000
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Clearnet Communications Inc. (CLNT)
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
[_] Director [X] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check applicable line)
[X] Form Filed by One Reporting Person
[_] Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 4)
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<S> <C> <C> <C>
Class A Non-Voting Shares 3,678,260 D(1)
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</TABLE>
* If the Form is filed by more than one Reporting Person, see Instruction
5(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
Class B Shares N/A N/A Class A Non-Voting Shares 2,751,110 N/A D(1)
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Class C Subordinated
Voting Shares N/A N/A Class A Non-Voting Shares 6,092,591 N/A D(1)
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Class D Subordinated
Voting Shares N/A N/A Class A Non-Voting Shares 7,790,741 N/A D(1)
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</TABLE>
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/ James W. Peters August 30, 2000
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**Signature of Reporting Person Date
Name: James W. Peters
Title: Executive Vice-President,
Corporate Development and
Corporate Affairs
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Explanation of Responses
(1) Telus Corporation ("Telus") is filing this form as a 10% Owner solely
as a result of its shared dispositive power over 3,678,260 Class A
Non-Voting Shares of Clearnet Communications Inc. ("Clearnet") and
275,111,000 Class B Shares of Clearnet, 6,092,591 Class C Shares of
Clearnet, and 7,790,741 Class D Shares of Clearnet, convertible into,
respectively, 2,751,110, 6,092,591 and 7,790,741 Class A Non-Voting
Shares of Clearnet, pursuant to Lock-up Agreements dated as of August
20, 2000 among certain shareholders (the "Shareholder Parties") of
Clearnet and Telus (the "Lock-up Agreements"). Pursuant to the Lock-up
Agreements, the Shareholder Parties have agreed to tender the above
referenced shares of Clearnet into the offers to be made by Telus
pursuant to the Support Agreement between Telus and Clearnet dated
August 20, 2000.