UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
SOCIEDAD QUIMICA Y MINERA DE CHILE S.A.
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(Name of Issuer)
SERIES A SHARES, WITH NO PAR VALUE
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(Title of Class of Securities)
83363103
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(CUSIP Number)
Aner Berger, Adv.
Israel Chemicals Limited
Millennium Tower
23 Aranha Street
Tel Aviv, 61070
Israel
972-3-684-4401
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 21, 2004
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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:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] 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 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).
(Continued on following pages)
(Page 1 of 5 Pages)
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CUSIP No. 83363103 13G Page 2 of 5 Pages
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1 NAMES OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
ISRAEL CHEMICALS LIMITED (00-00000000)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |_| (a)
|_| (b)
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION:
ISRAEL
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH 5 SOLE VOTING POWER
REPORTING PERSON WITH
None.
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6 SHARED VOTING POWER
None.
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7 SOLE DISPOSITIVE POWER
None.
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8 SHARED DISPOSITIVE POWER
None.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON*
None.
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
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12 TYPE OF REPORTING PERSON*
CO
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Page 3 of 5 Pages
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Item 1. Name of Issuer and Address
(a) The name of the issuer is Sociedad Quimica y Minera S.A., a
company organized under the laws of the Republic of Chile ("SQM").
(b) The principal executive offices of SQM are located at Miraflores
222, Piso 11, Santiago, Chile.
Item 2. Identity, Address, Citizenship, Title of Class of Securities and
CUSIP Number
Items 2(a), (b), (c)
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This statement on Schedule 13G ("Statement") is filed by Israel
Chemicals Limited ("ICL"), a company organized and residing in Israel, with
offices at Millennium Tower, 23 Aranha St., Tel Aviv 61202;
Item 2(d), (e)
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(d) This Statement relates to the Series A Shares, no par value per
share of SQM (the "SQM Shares").
(e) The CUSIP number for the SQM Shares is 833636103
Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a :
(a) [ ] Broker or dealer registered under Section 15
of the Exchange Act;
(b) [ ] Bank as defined in Section 3(a)(6) of the
Exchange Act;
(c) [ ] Insurance company as defined in Section
3(a)(19) of the Exchange Act;
(d) [ ] Investment company registered under Section
8 of the Investment Company Act;
(e) [ ] An investment adviser in accordance with
Rule 13d-1(b)(1)(ii)(E);
(f) [ ] An Employee benefit plan or endowment fund
in accordance with Rule 13d-1(b)(1)(ii)(F);
(g) [ ] A Parent holding company or control person
in accordance with Rule 13d-1(b)(1)(ii)(G);
(h) [ ] A Savings association as defined in Section
3(b) of the Federal Deposit Insurance Act;
(i) [ ] A Church plan that is excluded from the
definition of an investment company under
Section 3(c)(14) of the Investment Company
Act;
(j) [ ] Group, in accordance with Rule
13d-1(b)(1)(ii)(J).
Item 4. Ownership
Prior to December 21, 2004, ICL beneficially owned SQM Shares through
its indirect, wholly-owned subsidiary, Inversiones RAC Chile Limitada ("RAC
Chile"). Pursuant to a stock purchase agreement between PCS Chile I LLC, a
Delaware corporation, and BKG Puriphos B.V., a subsidiary of ICL organized under
the laws of The Netherlands, dated December 21, 2004, ICL and its subsidiaries
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Page 4 of 5 Pages
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sold its entire interest in RAC Chile. Consequently, as of December 21, 2004,
neither ICL, nor any company controlled by ICL, beneficially owns any SQM
Shares.
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].
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.
Item 10. Certification
Not Applicable.
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Page 5 of 5 Pages
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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.
ISRAEL CHEMICALS LIMITED
By: /s/ Avi Doitchman
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Name: Avi Doitchman
Title: CFO
By: /s/ Aner Berger
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Name: Aner Berger
Title: General Counsel and
Company Secretary
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