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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ______________)*
Business Objects S.A.
- --------------------------------------------------------------------------------
(Name of Issuer)
Ordinary Shares, nominal value one French Franc per Ordinary Share ("Ordinary
Shares"), represented by American Depository Shares
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(Title of Class of Securities)
1232 8X 107
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(CUSIP Number)
December 31, 1998
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
X Rule 13d-1(b)
[_] Rule 13d-1(c)
[_] Rule 13d-1(d)
*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 the
disclosures provided in a prior cover page.
The information required in 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 ("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).
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB control number.
Page 1 of 4 pages
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CUSIP No. 1232 8X 107
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Names of Reporting Persons.
1 I.R.S. Identification Nos. of above persons (entities only).
Denis Payre
(No Social Security or I.R.S. Identification Number)
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Check the Appropriate Box if a Member of a Group (See Instructions)
2 (a) [_] Not Applicable
(b) [_]
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SEC Use Only
3
- ------------------------------------------------------------------------------
Citizenship or Place of Organization
4
France
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Sole Voting Power
5
Number of 209,000
Shares -----------------------------------------------------------
Shared Voting Power
Beneficially 6
-0-
Owned by
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Each Sole Dispositive Power
7
Reporting 209,000
Person -----------------------------------------------------------
Shared Dispositive Power
With 8
-0-
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Aggregate Amount Beneficially Owned by Each Reporting Person
9
209,000
- ------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
10 Instructions)
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Percent of Class Represented by Amount in Row (9)
11
0.1%
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Type of Reporting Persons (See Instructions)
12
IN
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Page 2 of 4 pages
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CUSIP No. 1232 8X 107
<TABLE>
<S> <C> <C> <C>
Item 1.
(a) Name of Issuer Business Objects S.A.
(b) Address of Issuer's Principal Executive Offices 1 Square Chaptal, 92300 Levallois - Perret, France
Item 2.
(a) Name of Person Filing Denis Payre
(b) Address of Principal Business Office or, if none, Residence 3 Allee du Cloitre
1000 Brussels
Belgium
(c) Citizenship France
(d) Title of Class of Securities Ordinary Shares
(e) CUSIP Number Not Applicable
</TABLE>
Item 3. If this statement is filed pursuant to (S)(S)240.13d-1(b) or 240.13d-
2(b) or (c), check whether the person filing is a:
Not Applicable
Item 4. Ownership
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount of beneficially owed: 209,000 shares
--------------
(b) Percent of class: 0.1%
----
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote 209,000
-------
(ii) Shared power to vote or to direct the vote -0-
---
(iii) Sole power to dispose or to direct the disposition of 209,000
-------
(iv) Shared power to dispose or to direct the disposition of -0-
---
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [X].
Instruction: Dissolution of a group requires a response to this item.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
Not Applicable
Item 8. Identification and Classification of Members of the Group
Not Applicable
Item 9. Notice of Dissolution of Group
Not Applicable
Page 3 of 4 pages
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CUSIP No. 1232 8X 107
Item 10. Certification
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired and
are held in the ordinary course of business and were not
acquired and are not held for the purpose of or with the effect
of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose
or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set in this statement is true, complete and correct.
February 13, 1999
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Date
/s/ Denis Payre
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Signature
Denis Payre/Shareholder
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Name/Title
Page 4 of 4 pages
