Report of Foreign Issuer (6-k)
08 5월 2017 - 7:29PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
6-K
REPORT OF
FOREIGN PRIVATE ISSUER
PURSUANT TO RULE
13a-16
OR
15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of May, 2017
Commission File Number
001-36574
VTTI Energy Partners LP
(Translation of registrants name into English)
25-27
Buckingham Palace Road
London, SW1W 0PP, United Kingdom
(Address of principal executive office)
Indicate by
check mark whether the registrant files or will file annual reports under cover of Form
20-F
or Form
40-F:
Form
20-F ☒ Form
40-F ☐
Indicate by check mark if the registrant is submitting the Form
6-K
in paper as permitted by
Regulation
S-T
Rule 101(b)(1): ☐
Indicate by check mark if the registrant is
submitting the Form
6-K
in paper as permitted by Regulation
S-T
Rule 101(b)(7): ☐
INFORMATION CONTAINED IN THIS FORM
6-K
REPORT
On May 8, 2017, VTTI Energy Partners LP (the Partnership) entered into an Agreement and Plan of Merger (the Merger Agreement)
with VTTI B.V. (VTTI), its indirect parent, VTTI MLP Partners B.V. (MLP Partners), VTTI Merger Sub LLC, a wholly owned subsidiary of MLP Partners (Merger Sub), and VTTI Energy Partners GP LLC, the general partner
of the Partnership. Pursuant to the provisions of the Merger Agreement, on the closing date VTTI will acquire, for cash, all of the outstanding publicly held common units representing limited partner interests in the Partnership (the common
units), and the separate existence of Merger Sub shall thereupon cease.
Under the terms of the Merger Agreement, at the effective time of the
Merger, the common units will be exchanged for the right to receive $19.50 per common unit. In addition, unitholders of the Partnership will continue to receive regular quarterly distributions of $0.336 per common unit for each completed quarter
prior to the closing date. Completion of the transaction is expected to occur in the third quarter of 2017, subject to the satisfaction of certain conditions, including certain regulatory approvals and the approval of the merger agreement and the
transactions contemplated thereby by (1) a majority of the outstanding Partnership common units held by unitholders unaffiliated with VTTI, voting as a class, and (2) a majority of the outstanding Partnership subordinated units, voting as
a class. VTTI indirectly owns 100% of the subordinated units and has agreed to vote its subordinated units in favor of the merger. Upon closing, the Partnership will cease to be a publicly traded partnership.
In connection with the transaction, the Board of Directors of the general partner of the Partnership (the GP Board) established a committee
composed of three independent directors (the Conflicts Committee) to consider VTTIs offer. Following a period of discussion with VTTI and its advisors, the Conflicts Committee approved the merger agreement and determined that the
merger agreement and the transactions contemplated thereby are in the best interests of the Partnership and the holders of the common units unaffiliated with VTTI. Based on the recommendation of the Conflicts Committee, the Board of Directors
approved the merger agreement and recommended that the Partnerships unitholders approve the merger.
The foregoing description of the Merger
Agreement is qualified in its entirety by the full text of the Merger Agreement, which is attached as Exhibit 2.1 to this report and incorporated herein by reference.
Additionally, on May 8, 2017, the Partnership issued a press release announcing entry into the Merger Agreement. A copy of the press release is attached
as Exhibit 99.1 to this report and incorporated herein by reference.
Exhibits
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Exhibit
No.
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Description
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2.1
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Agreement and Plan of Merger, dated as of May 8, 2017, among VTTI B.V., VTTI MLP Partners B.V., VTTI Merger Sub LLC, VTTI Energy Partners LP and VTTI Energy Partners GP LLC.
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99.1
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Press Release of VTTI Energy Partners LP, dated May 8, 2017.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
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VTTI ENERGY PARTNERS LP
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By: VTTI Energy Partners GP LLC, its general partner
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Date: May 8, 2017
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By:
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/s/ Robert Nijst
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Name:
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Robert Nijst
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Title:
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Chief Executive Officer
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3
VTTI ENERGY PARTNERS LP (NYSE:VTTI)
과거 데이터 주식 차트
부터 1월(1) 2025 으로 2월(2) 2025
VTTI ENERGY PARTNERS LP (NYSE:VTTI)
과거 데이터 주식 차트
부터 2월(2) 2024 으로 2월(2) 2025