-------------------------------------------------------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-------------------------
SCHEDULE 13D
under the Securities Exchange Act of 1934 as amended
(Amendment No. 2)
WIMM-BILL-DANN FOODS OJSC
-------------------------------------------------------------------------------
(Name of Issuer)
ORDINARY SHARES, PAR VALUE 20 RUSSIAN RUBLES EACH
-------------------------------------------------------------------------------
(Title of Class of Securities)
97263M10
-------------------------------------------------------------------------------
(CUSIP Number)
Roman V. Bolotovsky Aleksandrs Timohins
Wimm-Bill-Dann Foods OJSC c/o United Burlington Investments
16/15 Yauzsky Blvd. Moscow 109028 Russia Limited
Tel: +7-095-105-5805 Bol'shoi Zlatoustinskiy Lane 9
Fax: +7-095-105-5800 Moscow 101111 Russia
Tel: +7-095-722-9733
Fax: +7-095-232-5641
with a copy to: with a copy to:
William S. Lamb, Esq. Joseph G. Connolly, Jr.
LeBoeuf, Lamb, Greene & MacRae, L.L.P. Hogan Hartson L.L.P.
125 West 55th St., New York, NY 10019 555 Thirteenth Street, NW,
Tel.: 1-212-424-8000 Washington, DC 20004
Fax: 1-212-424-8500 Tel: 1-202-637-5600
Fax: 1-202-637-5910
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
February 4, 2004; February 10, 2004; and February 20, 2004
-------------------------------------------------------------------------------
(Date of Event Which Requires Filing of This Statement)
----------------------------------
If the filing person has previously filed a statement on Schedule 13 G 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 [ ]
(Continued on following pages)
(Page 1 of 23 Pages)
CUSIP NO. 97263M10 13D Page 2 of 23
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
Gavril A. Yushvaev
-------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |X|
-------------------------------------------------------------------------------
3. SEC USE ONLY
-------------------------------------------------------------------------------
4. SOURCE OF FUNDS
OO
-------------------------------------------------------------------------------
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
|_|
-------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Russian Federation
--------------------------------------------------------
7. SOLE VOTING POWER
None
--------------------------------------------------------
NUMBER OF SHARES 8. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 27,009,049
EACH --------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH
8,272,948
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
None
--------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
27,009,049
-------------------------------------------------------------------------------
12. CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
-------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
61.38%
-------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
-------------------------------------------------------------------------------
CUSIP NO. 97263M10 13D Page 3 of 23
-------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
Mikhail V. Dubinin
-------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |X|
-------------------------------------------------------------------------------
3. SEC USE ONLY
-------------------------------------------------------------------------------
4. SOURCE OF FUNDS
OO
-------------------------------------------------------------------------------
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
|_|
-------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Russian Federation
--------------------------------------------------------
7. SOLE VOTING POWER
None
--------------------------------------------------------
NUMBER OF SHARES 8. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 27,009,049
EACH ---------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH
3,603,406
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
None
--------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
27,009,049
-------------------------------------------------------------------------------
12. CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
-------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
61.38%
-------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
-------------------------------------------------------------------------------
CUSIP NO. 97263M10 13D Page 4 of 23
-------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
Sergei A. Plastinin
-------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |X|
-------------------------------------------------------------------------------
3. SEC USE ONLY
-------------------------------------------------------------------------------
4. SOURCE OF FUNDS
OO
-------------------------------------------------------------------------------
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
|_|
-------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Russian Federation
--------------------------------------------------------
7. SOLE VOTING POWER
None
--------------------------------------------------------
NUMBER OF SHARES 8. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 27,009,049
EACH --------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH
5,351,421
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
None
-------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
27,009,049
-------------------------------------------------------------------------------
12. CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
-------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
61.38%
-------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
-------------------------------------------------------------------------------
CUSIP NO. 97263M10 13D Page 5 of 23
-------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
Alexander S. Orlov
-------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |X|
-------------------------------------------------------------------------------
3. SEC USE ONLY
-------------------------------------------------------------------------------
4. SOURCE OF FUNDS
OO
-------------------------------------------------------------------------------
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
|_|
-------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Russian Federation
--------------------------------------------------------
7. SOLE VOTING POWER
None
--------------------------------------------------------
NUMBER OF SHARES 8. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 27,009,049
EACH --------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH
2,298,572
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
None
-------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
27,009,049
-------------------------------------------------------------------------------
12. CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
-------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
61.38%
-------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
-------------------------------------------------------------------------------
CUSIP NO. 97263M10 13D Page 6 of 23
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
David Iakobachvili
-------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |X|
-------------------------------------------------------------------------------
3. SEC USE ONLY
-------------------------------------------------------------------------------
4. SOURCE OF FUNDS
OO
-------------------------------------------------------------------------------
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
|_|
-------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Kingdom of Sweden
--------------------------------------------------------
7. SOLE VOTING POWER
None
--------------------------------------------------------
NUMBER OF SHARES 8. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 27,009,049
EACH ---------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH
3,164,500
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
None
-------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
27,009,049
-------------------------------------------------------------------------------
12. CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
-------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
61.38%
-------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
-------------------------------------------------------------------------------
CUSIP NO. 97263M10 13D Page 7 of 23
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
Mikhail I. Vishnyakov
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |X|
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3. SEC USE ONLY
-------------------------------------------------------------------------------
4. SOURCE OF FUNDS
OO
-------------------------------------------------------------------------------
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
|_|
-------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Russian Federation
-------------------------------------------------------------------------------
7. SOLE VOTING POWER
None
--------------------------------------------------------
NUMBER OF SHARES 8. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 27,009,049
EACH --------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH
1,139,765
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
None
-------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
27,009,049
-------------------------------------------------------------------------------
12. CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
-------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
61.38%
-------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
-------------------------------------------------------------------------------
CUSIP NO. 97263M10 13D Page 8 of 23
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NAME OF REPORTING PERSON
1. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
Evgeny L. Yaroslavskiy
-------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |X|
-------------------------------------------------------------------------------
3. SEC USE ONLY
-------------------------------------------------------------------------------
4. SOURCE OF FUNDS
OO
-------------------------------------------------------------------------------
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
|_|
-------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Russian Federation
--------------------------------------------------------
7. SOLE VOTING POWER
None
--------------------------------------------------------
NUMBER OF SHARES 8. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 27,009,049
EACH ---------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH
630,231
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
None
-------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
27,009,049
-------------------------------------------------------------------------------
12. CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
-------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
61.38%
-------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
-------------------------------------------------------------------------------
CUSIP NO. 97263M10 13D Page 9 of 23
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
Victor E. Evdokimov
-------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |X|
-------------------------------------------------------------------------------
3. SEC USE ONLY
-------------------------------------------------------------------------------
4. SOURCE OF FUNDS
OO
-------------------------------------------------------------------------------
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
|_|
-------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Russian Federation
-------------------------------------------------------------------------------
7. SOLE VOTING POWER
None
--------------------------------------------------------
NUMBER OF SHARES 8. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 27,009,049
EACH ---------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH
221,948
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
None
-------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
27,009,049
-------------------------------------------------------------------------------
12. CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
-------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
61.38%
-------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
-------------------------------------------------------------------------------
CUSIP NO. 97263M10 13D Page 10 of 23
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
United Burlington Investments Limited
-------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |X|
-------------------------------------------------------------------------------
3. SEC USE ONLY
-------------------------------------------------------------------------------
4. SOURCE OF FUNDS
-------------------------------------------------------------------------------
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
|_|
-------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Great Britain
--------------------------------------------------------
7. SOLE VOTING POWER
None
--------------------------------------------------------
NUMBER OF SHARES 8. SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH --------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH
None
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
None
-------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None
-------------------------------------------------------------------------------
12. CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
-------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
None
-------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
CO
-------------------------------------------------------------------------------
CUSIP No. 97263M10 13D Page 11 of 23
-------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
Aleksandrs Timohins
-------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |X|
-------------------------------------------------------------------------------
3. SEC USE ONLY
-------------------------------------------------------------------------------
4. SOURCE OF FUNDS
-------------------------------------------------------------------------------
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
|_|
-------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Passport holder of the Republic of Latvia with the status of Alien
-------------------------------------------------------------------------------
7. SOLE VOTING POWER
None
--------------------------------------------------------
NUMBER OF SHARES 8. SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH --------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH
None
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
None
-------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON1
None
-------------------------------------------------------------------------------
12. CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
-------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
None
-------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
IN
-------------------------------------------------------------------------------
CUSIP NO. 97263M10 13D Page 12 of 23
-------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
I.M. Arteks Holdings Limited
-------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |X|
-------------------------------------------------------------------------------
3. SEC USE ONLY
-------------------------------------------------------------------------------
4. SOURCE OF FUNDS
OO
-------------------------------------------------------------------------------
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e)
|_|
-------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Cyprus
-------------------------------------------------------------------------------
7. SOLE VOTING POWER
None
--------------------------------------------------------
NUMBER OF SHARES 8. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 27,009,049
EACH --------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON WITH
2,326,258
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
None
-------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
27,009,049
-------------------------------------------------------------------------------
12. CHECK IF AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
-------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
61.38%
-------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON
CO
-------------------------------------------------------------------------------
CUSIP NO. 97263M10 13D Page 13 of 23
SCHEDULE 13D
Item 1. Security and Issuer
-------------------
This Amendment No. 2 (this "Amendment No. 2") amends the statement on
Schedule 13D filed with the Securities and Exchange Commission on September 16,
2003 (the "Initial Schedule 13D"), as amended by Amendment No. 1 thereto filed
with the Securities and Exchange Commission on November 21, 2003 (the Initial
Schedule 13D, as so amended, being the "Schedule 13D"). This Amendment No. 2 is
filed with respect to the ordinary shares, par value 20 Russian rubles per
ordinary share (the "Ordinary Shares"), of Wimm-Bill-Dann Foods OJSC, a joint
stock company organized under the laws of the Russian Federation (the "Issuer"),
having its principal executive offices at 16/15 Yauzsky Boulevard, Moscow
109028, Russian Federation. The Ordinary Shares are traded on the New York Stock
Exchange through an American Depositary Share facility in which each American
Depositary Share of the Issuer (the "American Depositary Shares" or "ADSs")
represents one Ordinary Share. Each reference in this Amendment No. 2 to
Ordinary Shares refers also (where applicable) to the corresponding American
Depositary Shares representing such Ordinary Shares. Capitalized terms used but
not otherwise defined herein have the meanings ascribed to them in the Schedule
13D.
Item 2. Identity and Background
-----------------------
Item 2 of the Schedule 13D is hereby amended and restated in its entirety as
follows:
(a)-(c) and (f) This statement on Schedule 13D is being filed by Gavril A.
Yushvaev, Mikhail V. Dubinin, Sergei A. Plastinin, Alexander S. Orlov, David
Iakobachvili, Mikhail I. Vishnyakov, Evgeny L. Yaroslavskiy, Victor E. Evdokimov
and Aleksandrs Timohins (the "Natural Reporting Persons"), and United Burlington
Investments Limited, a private limited company organized under the laws of
England and Wales ("United Burlington", and together with the Natural Reporting
Persons, the "Reporting Persons"). In connection with the disposal by United
Burlington of all of its Ordinary Shares to I.M. Arteks Holdings Limited, a
Cyprus limited liability company ("Arteks"), and Arteks' accession to the
Shareholders Agreement as of February 4, 2004, as more fully described in Items
5(c) and 6 below, Arteks joins in this filing as a Reporting Person, and with
effect from this filing, Aleksandrs Timohins will cease to be a Natural
Reporting Person and a Reporting Person and United Burlington will cease to be a
Reporting Person. All references to Natural Reporting Persons and Reporting
Persons hereinafter set forth shall be construed accordingly.
Exhibit 1 sets forth the following information with respect to each
Natural Reporting Person: (i) name; (ii) residence or business address; and
(iii) present principal occupation or employment and the name of any corporation
or other organization in which such employment is conducted. Please see Item 6
of the cover page to this Schedule 13D for the citizenship of each Natural
Reporting Person.
Arteks has its principal offices at Naousis 1, Karapatakis Building,
P.C. 6018 Larnaca, Cyprus, and it is principally engaged in the business of
investments. The executive officers and directors of Arteks, the persons
controlling Arteks, and the directors and executive officers of the persons
controlling Arteks are set forth on Exhibit 2 hereto. Exhibit 2 sets forth the
following information with respect to each such person that is a natural person:
(i) name; (ii) residence or business address; (iii) present principal occupation
or employment and the name of any corporation or other organization in which
such employment is conducted; and (iv) citizenship. Exhibit 2 sets forth the
following information with respect to each such person that is a legal entity:
(i) name; (ii) jurisdiction of organization; (iii) principal business; and (iv)
principal office.
(d) During the last five years, none of the Reporting Persons nor, to the
knowledge of the Reporting Persons, any person identified in Exhibit 2 has been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
CUSIP NO. 97263M10 13D Page 14 of 23
(e) During the last five years, none of the Reporting Persons nor, to the
knowledge of the Reporting Persons, any person identified in Exhibit 2 was a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of, or prohibiting or
mandating activities subject to, Federal or State securities laws or finding any
violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
-------------------------------------------------
Paragraph (2) of Item 3 is hereby amended and restated in its entirety as
follows:
Arteks issued a promissory note to United Burlington in the amount of the
purchase price of all the Ordinary Shares it acquired from United Burlington, as
consideration for such Ordinary Shares.
Item 4. Purpose of Transaction
-----------------------
Each of the Natural Reporting Persons acquired his Ordinary Shares before the
Ordinary Shares were registered under the Securities Exchange Act of 1934, as
amended. The purpose of the acquisition by each Reporting Person of the Ordinary
Shares has been to make an investment in the Issuer. The Reporting Persons may
acquire or dispose of Ordinary Shares in the future depending upon market
conditions, personal objectives and other facts and circumstances.
Item 5. Interest in Securities of the Issuer
------------------------------------
Paragraphs (a) and (b) of Item 5 are hereby amended and restated in its
entirety as follows:
(a) and (b) Amount and Nature of Beneficial Ownership Reported
The Reporting Persons collectively have, by virtue of the Shareholders
Agreement, beneficial ownership of and shared voting power over an
aggregate of 27,009,049 Ordinary Shares, representing approximately
61.38% of the aggregate amount of the Issuer's shares. The percentage
amounts are calculated based upon 44,000,000 Ordinary Shares
outstanding as of May 10, 2003, based on information contained in the
Issuer's Annual Report on Form 20-F filed with the Securities and
Exchange Commission on June 30, 2003. The Ordinary Shares beneficially
owned by the Reporting Persons are directly held as follows:
(i) Gavril A. Yushvaev is a direct holder of 8,272,948 Ordinary
Shares, as to which Gavril A. Yushvaev possesses sole
investment power;
(ii) Mikhail V. Dubinin is a direct holder of 3,603,406 Ordinary
Shares, as to which Mikhail V. Dubinin possesses sole
investment power;
(iii) Sergei A. Plastinin is a direct holder of 5,351,421 Ordinary
Shares, as to which Sergei A. Plastinin possesses sole
investment power;
(iv) Alexander S. Orlov is a direct holder of 2,298,572 Ordinary
Shares, as to which Alexander S. Orlov possesses sole
investment power;
(v) David Iakobachvili is a direct holder of 3,164,500 Ordinary
Shares, as to which David Iakobachvili possesses sole
investment power;
(vi) Mikhail I. Vishnyakov is a direct holder of 1,139,765 Ordinary
Shares, as to which Mikhail I. Vishnyakov possesses sole
investment power;
CUSIP NO. 97263M10 13D Page 15 of 23
(vii) Evgeny L. Yaroslavskiy is a direct holder of 630,231 Ordinary
Shares, as to which Evgeny L. Yaroslavskiy possesses sole
investment power;
(viii) Victor E. Evdokimov is a direct holder of 221,948 Ordinary
Shares, as to which Victor E. Evdokimov possesses sole
investment power; and
(ix) Arteks is a direct holder of 2,326,258 Ordinary Shares, as to
which Arteks possesses sole investment power.
(c) As of February 4, 2004 United Burlington sold the 2,771,264 Ordinary
Shares, representing approximately 6.28% of the Ordinary Shares, which
it directly owned (and of which Mr. Timohins may have been deemed to be
the beneficial owner) in a private transaction under Regulation S at a
price per share of $19.00 in exchange for a promissory note issued by
Arteks to United Burlington.
On February 4, 2004 and February 10, 2004, certain of the Natural
Reporting Persons sold an aggregate of 1,754,994 Ordinary Shares,
representing in the aggregate approximately 4% of the Ordinary Shares,
in private sales arranged by a broker located in Russia. The following
Natural Reporting Persons individually sold the following number of
Ordinary Shares on the dates and at the prices indicated below:
Natural Date Number Price
Reporting Person of Sale of Shares per Share
---------------- ------- --------- ---------
Mikhail V. Dubinin February 4, 2004 63,215 $15.75
February 4, 2004 462,205 $15.33
February 10, 2004 342,595 $15.60
Alexander S. Orlov February 4, 2004 17,622 $15.75
February 4, 2004 212,283 $15.33
February 10, 2004 209,805 $15.60
Mikhail I. Vishnyakov February 10, 2004 218,033 $15.60
Evgeny L. Yaroslavskiy February 4, 2004 90,173 $15.33
February 10, 2004 96,606 $15.60
Victor E. Evdokimov February 4, 2004 1702 $15.75
February 4, 2004 20,499 $15.33
February 10, 2004 20,256 $15.60
On February 4, 2004, Arteks sold 214,840 Ordinary Shares at a price of
$15.33 per share, and on February 10, 2004 Arteks sold 230,166 Ordinary
Shares at a price of $15.60 per share, in private sales to a company
with its registered address in Cyprus. In the aggregate, Arteks
disposed of approximately 1% of the Ordinary Shares in such sales.
CUSIP NO. 97263M10 13D Page 16 of 23
On February 20, 2004, Evgeny L. Yaroslavskiy sold 346,153 Ordinary
Shares, representing approximately 0.79% of the Ordinary Shares, to
David Iakobachvili in a private sale in Russia at a price of $13.00 per
share.
(d) So far as the Reporting Persons are aware, except as set forth in this
Amendment, no other person has the right to receive or the power to
direct the receipt of dividends, or the proceeds from the sale of, any
Ordinary Shares beneficially owned by the Reporting Persons.
(e) United Burlington and Mr. Timohins ceased to be beneficial owners of
any Ordinary Shares as of February 4, 2004.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect
---------------------------------------------------------------------
to Securities of the Issuer
---------------------------
Paragraph 1 of Item 6 is amended to add the following at the end of the
introductory paragraph:
As of February 4, 2004 United Burlington sold the 2,771,264 Ordinary
Shares that it directly owned. As a result of the sale, United
Burlington ceased to be a party to the Shareholders Agreement. In
connection with its acquisition of such Ordinary Shares from United
Burlington, Arteks confirmed its accession to the Shareholders
Agreement as of February 4, 2004, by executing an accession letter (the
"Accession Letter"), a copy of which is attached hereto as Exhibit 3.
Item 7. Material to be Filed as Exhibits
--------------------------------
(1) Information Concerning Natural Reporting Persons
(2) Information Concerning Directors and Executive Officers of Arteks,
Control Persons of Arteks, and Directors and Executive Officers of such
Control Persons
(3) Accession Letter
(4) Specific Power of Attorney, dated November 17, 2003, by I.M.Arteks
Holdings Limited, appointing Natalia V. Elizarova as attorney-in-fact
(5) Power of Attorney, dated September 4, 2003 by each of the Natural
Reporting Persons (excluding, for the avoidance of doubt, Aleksandrs
Timohins), appointing Roman V. Bolotovsky and Tatiana A. Mikhaylova as
attorneys-in-fact (incorporated herein by reference to the Initial
Schedule 13D)
CUSIP NO. 97263M10 13D Page 17 of 23
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief,
we, the undersigned, hereby certify that the information set forth in this
statement is true, complete and correct.
Date: March 3, 2004 By /s/ Roman V. Bolotovsky
-----------------------
[GRAPHIC OMITTED]
Name: Roman V. Bolotovsky
as Attorney-in-Fact for Gavril A. Yushvaev
Date: March 3, 2004 By /s/ Roman V. Bolotovsky
-----------------------
[GRAPHIC OMITTED]
Name: Roman V. Bolotovsky
as Attorney-in-Fact for Mikhail V. Dubinin
Date: March 3, 2004 By /s/ Roman V. Bolotovsky
-----------------------
[GRAPHIC OMITTED]
Name: Roman V. Bolotovsky
as Attorney-in-Fact for Sergei A. Plastinin
Date: March 3, 2004 By /s/ Roman V. Bolotovsky
-----------------------
[GRAPHIC OMITTED]
Name: Roman V. Bolotovsky
as Attorney-in-Fact for Alexander S. Orlov
Date: March 3, 2004 By /s/ Roman V. Bolotovsky
-----------------------
[GRAPHIC OMITTED]
Name: Roman V. Bolotovsky
as Attorney-in-Fact for David Iakobachvili
Date: March 3, 2004 By /s/ Roman V. Bolotovsky
-----------------------
[GRAPHIC OMITTED]
Name: Roman V. Bolotovsky
as Attorney-in-Fact for
Mikhail I. Vishnyakov
Date: March 3, 2004 By /s/ Roman V. Bolotovsky
-----------------------
[GRAPHIC OMITTED]
Name: Roman V. Bolotovsky
as Attorney-in-Fact for Victor E. Evdokimov
Date: March 3, 2004 By /s/ Roman V. Bolotovsky
-----------------------
[GRAPHIC OMITTED]
Name: Roman V. Bolotovsky
as Attorney-in-Fact for
Evgeny L. Yaroslavskiy
CUSIP NO. 97263M10 13D Page 18 of 23
Date: February 19, 2004 United Burlington Investments Limited
By /s/ Aleksandrs Timohins
-----------------------
[GRAPHIC OMITTED]
Name: Aleksandrs Timohins
Title: Director
Date: February 19, 2004 By /s/ Aleksandrs Timohins
-----------------------
[GRAPHIC OMITTED]
Aleksandrs Timohins
Date: March 3, 2004 I.M. Arteks Holdings Limited
By /s/ Natalia V. Elizarova
-----------------------
[GRAPHIC OMITTED]
Name: Natalia V. Elizarova
Title: Attorney-in-Fact
CUSIP NO. 97263M10 13D Page 19 of 23
Exhibit Index
-------------
Exhibit 1 Information Concerning Natural Reporting Persons.
Exhibit 2 Information Concerning Directors and Executive
Officers of Arteks, Control Persons of Arteks, and
Directors and Executive Officers of such Control Persons.
Exhibit 3 Accession Letter.
Exhibit 4 Specific Power of Attorney, dated November 17, 2003, by
I.M.Arteks Holdings Limited, appointing Natalia V. Elizarova
as attorney-in-fact.
Exhibit 5 Power of Attorney, dated September 4, 2003, by each of the
Natural Reporting Persons (excluding, for the avoidance of
doubt, Aleksandrs Timohins), appointing each of Roman
V. Bolotovsky and Tatiana A. Mikhaylova as attorneys-in-fact
(incorporated herein by reference to the Initial Schedule 13D).
CUSIP NO. 97263M10 13D Page 20 of 23
Exhibit 1
---------
Set forth below are the name, business address and present principal occupation
or employment, and the name of any corporation or other organization in which
such employment is conducted, for each of the Natural Reporting Persons.
Name Business Address Employment and Employer
---- ---------------- -----------------------
Gavril A. Yushvaev Wimm-Bill-Dann Foods OJSC President of
16/15 Yauzsky Blvd. "RusAgroProject" CJSC
Moscow 109028 Russia
Mikhail V. Dubinin Wimm-Bill-Dann Foods OJSC Member of the Board of
16/15 Yauzsky Blvd. Directors of
Moscow 109028 Russia Wimm-Bill-Dann Foods OJSC
Sergei A. Plastinin Wimm-Bill-Dann Foods OJSC Director and Chairman of
16/15 Yauzsky Blvd. the Management Board of
Moscow 109028 Russia Wimm-Bill-Dann Foods OJSC
Alexander S. Orlov Wimm-Bill-Dann Foods OJSC Member of the Board of
16/15 Yauzsky Blvd. Directors of
Moscow 109028 Russia
David Iakobachvili Wimm-Bill-Dann Foods OJSC Chairman of the Board
16/15 Yauzsky Blvd. of Directors of
Moscow 109028 Russia Wimm-Bill-Dann Foods OJSC
Mikhail I. Vishnyakov Wimm-Bill-Dann Foods OJSC Member of the Board
16/15 Yauzsky Blvd. of Directors of
Moscow 109028 Russia "Lianozovo Dairy" OJSC
Evgeny L. Yaroslavskiy Wimm-Bill-Dann Foods OJSC Deputy General Director
16/15 Yauzsky Blvd. of "Trine" Co.Ltd.
Moscow 109028 Russia
Victor E. Evdokimov Wimm-Bill-Dann Foods OJSC Investment counselor to
16/15 Yauzsky Blvd. Chairman of the Management
Moscow 109028 Russia Board of Wimm-Bill-Dann
Foods OJSC
CUSIP NO. 97263M10 13D Page 21 of 23
Exhibit 2
---------
Set forth below are the name, business address, present principal occupation or
employment and the name of any corporation or other organization in which such
employment is conducted and citizenship of each natural person that is a
director or executive officer of Arteks, a control person of Arteks, or a
director or executive officer of such a control person.
Name Business Address Employment and Citizenship
---- ---------------- -------------- -----------
Employer
--------
Andreas Naousis 1, Karapatakis Business Consultant, Cypriot
Karapatakis Building, P.C. 6018 I.M. Arteks Holdings
Larnaca, Cyprus Limited and Deerfield
Management Limited
Jean-Pierre Naousis 1, Karapatakis Lawyer, Cypriot
Haroutounian Building, P.C. 6018 I.M. Arteks Holdings
Larnaca, Cyprus Limited
Yiannakis Naousis 1, Karapatakis Business Consultant, Cypriot
Papatheodorou Building, P.C. 6018 Deerfield Management
Larnaca, Cyprus Limited
Set forth below are the name, jurisdiction of organization, principal business
and principal office of each legal entity that is a director or executive
officer of Arteks, a control person of Arteks, or a director or executive
officer of such a control person.
Name Jurisdiction of Principal Business Principal Office
---- --------------- ------------------ ----------------
Organization
------------
Deerfield Cyprus Investment business Naousis 1, Karapatakis
Management Building, P.C. 6018
Limited Larnaca, Cyprus
CUSIP NO. 97263M10 13D Page 22 of 23
Exhibit 3
---------
Accession Letter
I.M. ARTEKS HOLDINGS LIMITED
______________________________
Naousis, 1 Karapatakis building
P.C. 6018, Larnaka, Cyprus
04.02.2004
To the Board of Directors of
OJSC "WIMM-BILL-DANN Food Products"
Hereby private limited liability company "I.M. ARTEKS HOLDINGS
LIMITED", registered in Republic of Cyprus on October 6, 2003 under the number
No. 141751, according to the Companies Law, as a shareholder of OJSC
"WIMM-BILL-DANN FOOD PRODUCTS" intends to comply with the terms of the agreement
of shareholders of January 16, 2002 regarding the order of election of directors
and the unified order of voting, and as well, in connection with the fact, that
the Company "I.M. ARTEKS HOLDINGS LIMITED", owns more than 5% of shares of
abovementioned OJSC, deems it expedient to file information with the American
securities commission on form 13D jointly with other shareholders of the
Company.
/s/ N.V. Elizarova
------------------
Attorney in fact N.V. Elizarova
CUSIP NO. 97263M10 13D Page 23 of 23
Exhibit 4
---------
Specific Power of Attorney
The Republic of Cyprus, the city of Larnaca on the 17th November,
Two Thousand and Three
KNOW ALL MEN BY THESE PRESENTS that
I.M. Arteks Holdings Limited
a company incorporated and registered under and pursuant to the Laws of the
Republic of Cyprus under Reg. No. 141751 with Registered Office at Naousis 1,
Karapatakis Building, P.O. 6018, Larnaca, Cyprus, (hereinafter called "the
Grantor") has made, constituted and appointed and by these presents does make,
constitute and appoint
Elizarova Natalia Vladimirovna,
born on December 09, 1949 (passport No. 45 05 119606, issued by Passport
Office No. 1 of OVD of Taganskiy district of Moscow on April 16, 2003),
residing at: Moscow, B. Fakelniy pereulok, 2/22,
apt. 75
(hereinafter called "the Attorney") its Attorney, for it and in its name, place
and stead to do all or any of the following acts and deeds:
1. To represent the Grantor before any other person, persons, corporations,
organizations, agencies, governmental authorities, security or stock
exchanges, depositaries or any other authority or legal entity or registrar
with regards to the purchase and sale of shares/securities and/or
participatory interests of any company or corporation (hereinafter the
"Shares");
2. To negotiate, enter into, sign any contract or sale agreement on behalf of
the Grantor and to carry into effect and perform all such agreements
entered into by the Grantor with any other person, persons, corporations,
organizations or agencies with regards to the purchase and sale of Shares;
3. To execute and sign on behalf of the Grantor any transfers, assignments,
deeds and instruments whatsoever and perform any and all acts and
formalities deemed necessary with relation to the purchase and sale of
Shares;
4. To execute, sign, deliver, submit and receive any and all documents and
notices necessary or advisable for proper performing or causing to be
performed of all and any acts which the Attorney is by these presents
empowered to do; and,
AND the Grantor hereby undertakes to ratify everything which the Attorney in
that behalf hereinbefore contained shall do or purport to do in virtue of this
Power of Attorney.
IN WITNESS WHEREOF the Common Seal of the Company was affixed to this deed in
the presence of Dr. Andreas Karapatakis, Mr. Jean-Pierre Haroutounian and A.J.K.
Management Services Limited, this 17th day of November, 2003.
For and on Behalf of I.M. Arteks Holdings Limited
/s/ Andreas Karapatakis
-------------------
Dr. Andreas Karapatakis
Director [I.M. Arteks Holdings Limited Seal]
/s/ Jean-Pierre Haroutounian
------------------------
Mr. Jean-Pierre Haroutounian
Director
/s/ for and on behalf of A.J.K. Management Services Limited
-------------------------------------------------------
A.J.K. Management Services Limited, Secretary [A.J.K. Management Services
Limited Seal]
This Power of Attorney is valid for the period of one year.