UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 6)*
Encore Capital Group, Inc.
--------------------------
(Name of Issuer)
Common Stock ($.01 par value)
-----------------------------
(Title of Class of Securities)
292554102
--------------
(CUSIP Number)
John M. Allen, Esq.
Debevoise & Plimpton
919 Third Avenue
New York, NY 10022
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
August 29, 2003
-------------------------
(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 Section 240.13d-1(e), (f) or (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 Section 240.13d-7 for other
parties to whom copies are to be sent.
* 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
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purposes 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).
CUSIP NO. 292554102 13D
(1) NAME OF REPORTING PERSON Consolidated Press International Holdings Limited
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
------------------------------------------------------------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
----------------------------------------------------------
(b)
----------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
(3) SEC USE ONLY
------------------------------------------------------------------------------------------------------------------------------------
(4) SOURCE OF FUNDS OO
------------------------------------------------------------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ]
PURSUANT TO ITEMS 2(d) OR 2(e)
------------------------------------------------------------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION Commonwealth of the Bahamas
------------------------------------------------------------------------------------------------------------------------------------
Number of Shares (7) SOLE VOTING POWER None
Beneficially Owned by Each ------------------------------------------------------------------------------------------------------
Reporting Person With (8) SHARED VOTING POWER 5,853,517
------------------------------------------------------------------------------------------------------
(9) SOLE DISPOSITIVE POWER None
------------------------------------------------------------------------------------------------------
(10) SHARED DISPOSITIVE POWER 5,853,517
------------------------------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,853,517
------------------------------------------------------------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [ ]
SHARES
------------------------------------------------------------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 51.2%
------------------------------------------------------------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON HC, CO
Page 2 of 6
CUSIP NO. 292554102 13D
(1) NAME OF REPORTING PERSON C.P. International Investments Limited
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
------------------------------------------------------------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)
----------------------------------------------------------
(b)
----------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
(3) SEC USE ONLY
------------------------------------------------------------------------------------------------------------------------------------
(4) SOURCE OF FUNDS OO
------------------------------------------------------------------------------------------------------------------------------------
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ]
PURSUANT TO ITEMS 2(d) OR 2(e)
------------------------------------------------------------------------------------------------------------------------------------
(6) CITIZENSHIP OR PLACE OF ORGANIZATION Commonwealth of the Bahamas
------------------------------------------------------------------------------------------------------------------------------------
Number of Shares (7) SOLE VOTING POWER None
Beneficially Owned by Each ------------------------------------------------------------------------------------------------------
Reporting Person With (8) SHARED VOTING POWER 5,853,517
------------------------------------------------------------------------------------------------------
(9) SOLE DISPOSITIVE POWER None
------------------------------------------------------------------------------------------------------
(10) SHARED DISPOSITIVE POWER 5,853,517
------------------------------------------------------------------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,853,517
------------------------------------------------------------------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [ ]
SHARES
------------------------------------------------------------------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 51.2%
------------------------------------------------------------------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON CO
Page 3 of 6
AMENDMENT NO.6 TO SCHEDULE 13D
This Amendment No.6 to Schedule 13D is filed by Consolidated
Press International Holdings Limited ("CPIHL") and C.P. International
Investments Limited ("CPII," and together with CPIHL, the "Reporting Persons")
to further supplement and amend the Schedule 13D originally filed by the
Reporting Persons on February 22, 2000, as supplemented and amended by Amendment
No. 1, dated March 22, 2001, Amendment No. 2, dated August 28, 2001, Amendment
No. 3, dated March 4, 2002, Amendment No. 4, dated April 18, 2002, and Amendment
No. 5, dated August 26, 2003 (the "Schedule 13D"). Items 4, 6, and 7 are hereby
supplemented. Unless otherwise indicated, all capitalized terms shall have the
same meaning as provided in the Schedule 13D.
Item 4. Purpose of Transaction.
Item 4 is supplemented as follows:
On August 29, 2003, the Company filed a Form S-1 with the
Securities and Exchange Commission, relating to a proposed offering (the
"Offering") of up to 5,750,000 shares of the Company's common stock, including
up to 750,000 shares to cover over-allotments. A portion of the shares included
in the Offering may come from selling stockholders, including the Reporting
Persons, although the number of shares to be sold and the category of sellers
will depend on the Offering price and market conditions at the time of sale. The
underwriters in connection with the Offering have informed the Company that the
Series A Preferred Stock will need to be converted to shares of the Company's
common stock in conjunction with the Offering. Accordingly, the Reporting
Persons and each of the remaining holders of Series A preferred stock have
entered into a Preferred Stock Conversion Agreement, dated as of August 29,
2003, pursuant to which each Series A Preferred share will be converted into ten
shares of the Company's common stock effective as of the closing of the
Offering. The Reporting Persons and the other converting stockholders will not
be required to pay any consideration in connection with the conversion, but will
receive accrued and unpaid dividends on their Series A Preferred shares through
the closing date. The Preferred Stock Conversion Agreement will terminate if the
closing of the Offering has not occurred by November 30, 2003 or the Offering is
sooner terminated.
Item 6. Contracts, Arrangements, Understandings or Relationships With
Respect to Securities of the Issuer.
Item 6 is supplemented as follows:
See Item 4 for a description of the Preferred Stock Conversion
Agreement, dated as of August 29, 2003.
Page 4 of 6
Item 7. Materials to Be Filed as Exhibits.
Item 7 is supplemented by adding the following:
Exhibit 12 Preferred Stock Conversion Agreement, dated as of August 29,
2003.
Page 5 of 6
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement with respect
to the undersigned is true, complete and correct.
Date: August 29, 2003
Consolidated Press International Holdings Limited
By /s/ Michael Karagiannis
-----------------
Name: Michael Karagiannis
Title: Director
C.P. International Investments Limited
By /s/ David Barnett
-----------------------
Name: David Barnett
Title: Director
Page 6 of 6