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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(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. 7)*
PETROFINA
(NAME OF ISSUER)
ORDINARY VOTING SHARES
(TITLES AND CLASSES OF SECURITIES)
716485206
(CUSIP NUMBER)
CHARLES PARIS DE BOLLARDIERE
TOTAL FINA ELF S.A.
TOUR COUPOLE
2, PLACE DE LA COUPOLE
LA DEFENSE 6
F-92400 COURBEVOIE, FRANCE
PHONE: (011-33-1) 47 44 45 46
COPIES TO:
JERE R. THOMSON
JONES, DAY, REAVIS & POGUE
599 LEXINGTON AVENUE
NEW YORK, NEW YORK 10022
PHONE: (212) 326-3981
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS)
NOVEMBER 14, 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 that 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 [ ].
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.
(CONTINUED ON THE FOLLOWING PAGES)
(PAGE 1 OF 4 PAGES)
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SCHEDULE 13D
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CUSIP Nos. 716485206 Page 2 of 4 Pages
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NAME OF REPORTING PERSONS
1 S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Total Fina Elf S.A.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
2 (b) [ ]
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SEC USE ONLY
3
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SOURCE OF FUNDS*
4
00
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
5 PURSUANT TO ITEM 2(d) or 2(e) [ ]
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
France
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SOLE VOTING POWER
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
23,480,610
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SHARED VOTING POWER
8
0
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SOLE DISPOSITIVE POWER
9
23,480,610
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SHARED DISPOSITIVE POWER
10
0
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
11 PERSON
23,480,610
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
12 CERTAIN SHARES* [ ]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)***
13
99.62%
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TYPE OF REPORTING PERSON*
14
00 (societe anonyme)
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This Statement amends and supplements the Schedule 13D filed with the
Securities and Exchange Commission on April 9, 1999 by Total, a French societe
anonyme, as amended from time to time.
ITEM 4. PURPOSE OF TRANSACTION.
Item 4 is hereby amended and supplemented by adding thereto the following
text:
At the closing of the exchange offer on November 7, 2000, 202,930 PetroFina
shares were offered for exchange. As a consequence, TotalFinaElf now holds
23,480,610 PetroFina shares, or 99.62% of the share capital of PetroFina.
As a consideration for the contribution of the PetroFina shares,
TotalFinaElf issued 913,185 new TotalFinaElf shares.
Furthermore, all the 290,882 PetroFina warrants still in circulation in the
market were exchanged into TotalFinaElf warrants on November 8, 2000, and the
creation of 235,614 new warrants has been initiated. These TotalFinaElf warrants
give right, until August 5, 2003, to subscribe to 235,614 TotalFinaElf American
Depositary Shares (ADS), representing 117,807 now TotalFinaElf shares, for the
exercise price of $46.94 per TotalFinaElf ADSs. These warrants are identical to
the warrants already issued in the previous offer. Consequently, 3,581,767
TotalFinaElf warrants are currently in circulation.
TotalFinaElf will examine the financial, economic, legal and tax conditions
of a squeeze-out offer on all shares not yet in its possession after the
exchange offer. TotalFinaElf does not exclude the possibility of making such a
squeeze-out offer in the future.
TotalFinaElf will re-submit its request to the Brussels Stock Exchange for
the de-listing of the PetroFina shares and the PetroFina VVPR Strips. This
request was initially filed on June 10, 1999. PetroFina will also make the
necessary filings with the Securities and Exchange Commission to terminate the
registration of its shares and American Depositary shares and suspend its
declaration obligations in accordance with the Exchange Act of 1934, as amended.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended and supplemented by deleting subitems (a) and (b)
hereto and replacing them by the following text:
"(a) TotalFinaElf directly and beneficially owns 23,480,610 PetroFina
shares, which represented 99.62% of the issued and outstanding PetroFina
share capital as of August 30, 2000.
(b) TotalFinaElf has the power to vote and dispose of such 23,480,610
PetroFina shares, subject to the restriction described in Item 6 below.
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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.
TOTAL FINA ELF S.A.
By:
/s/ CHARLES PARIS DE BOLLARDIERE
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Name: Charles Paris de Bollardiere
Title: Treasurer
Dated: November 16, 2000
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