As filed with the Securities and Exchange Commission on November 12, 2003
Registration No. 333-
SECURITIES AND EXCHANGE COMMISSION
FORM S-8
Flextronics International Ltd.
| Singapore | Not Applicable | |
| (State or Other Jurisdiction | (I.R.S. Employer | |
| of Incorporation or Organization) | Identification No.) |
36 Robinson Road #18-01, City House, Singapore 068877
(Address of Principal Executive Offices)
Registrant’s 1997 Employee Share Purchase Plan
(Full Title of the Plan)
Michael E. Marks
Chief Executive Officer
Flextronics International Ltd.
36 Robinson Road #18-01
City House, Singapore 068877
(65) 6299-8888
(Name, Address and Telephone Number of Agent For Service)
| Timothy Stewart, Esq. | David K. Michaels, Esq. | |
| Flextronics International Ltd. | Cynthia Garabedian McAdam, Esq. | |
| c/o Flextronics International USA, Inc. | Fenwick & West LLP | |
| 2090 Fortune Drive | Mountain View, CA 94041 | |
| San Jose, CA 95131 |
CALCULATION OF REGISTRATION FEE
| Title of | Amount | Proposed Maximum | Proposed | |||||||||||||
| Securities | to be | Offering Price | Maximum Aggregate | Amount of | ||||||||||||
| to be Registered | Registered | Per Share | Offering Price | Registration Fee | ||||||||||||
Ordinary Shares,
S$0.01 par value |
1,000,000 | (1) | $ | 12.10 | (2) | $ | 12,100,000 | $ | 978.89 | |||||||
| (1) | Pursuant to Rule 429 promulgated under the Securities Act, the prospectus relating to this Registration Statement also relates to the shares registered under the Registrant’s registration statements on Form S-8 filed with the Securities and Exchange Commission on December 15, 1997 (Registration No. 333-42255), January 21, 2000 (Registration No. 333-95189), February 16, 2001 (Registration No. 333-55850) and November 20, 2002 (Registration No. 333-101327). A total of 3,400,000 shares issuable under the 1997 Employee Share Purchase Plan have previously been registered under the Securities Act. | |
| (2) | Estimated solely for the purpose of calculating the registration fee in accordance with Rules 457(c) and (h) under the Securities Act of 1933 and based upon $14.235, the average of the high and low sales prices reported on the Nasdaq National Market on November 5, 2003. This amount has been multiplied by 85%, which is the percentage of the price per share applicable to purchases under the Registrant’s 1997 Employee Share Purchase Plan. |
| REGISTRATION OF ADDITIONAL SHARES PURSUANT TO GENERAL INSTRUCTION E | ||||||||
| ITEM 8. EXHIBITS | ||||||||
| SIGNATURES | ||||||||
| EXHIBIT INDEX | ||||||||
| EXHIBIT 4.02 | ||||||||
| EXHIBIT 5.01 | ||||||||
| EXHIBIT 15.01 | ||||||||
| EXHIBIT 23.02 | ||||||||
REGISTRATION OF ADDITIONAL SHARES PURSUANT TO GENERAL INSTRUCTION E
This registration statement on Form S-8 registers an aggregate of 1,000,000 additional ordinary shares, par value S$0.01 each, reserved for issuance upon exercise of share options granted under the Registrant’s 1997 Employee Share Purchase Plan, pursuant to the terms of such plan. This registration statement on Form S-8 hereby incorporates by reference the contents of the Registrant’s registration statements on Form S-8 filed with the Securities and Exchange Commission on December 15, 1997 (Registration No. 333-42255), January 21, 2000 (Registration No. 333-95189), February 16, 2001 (Registration No. 333-55850) and November 20, 2002 (Registration No. 333-101327).
ITEM 8. EXHIBITS
| Incorporated By Reference | ||||||||||||||
| Exhibit | Filing | Exhibit | Filed | |||||||||||
| No. | Exhibit | Form | File No. | Date | No. | Herewith | ||||||||
| 4.01 | Memorandum and New Articles of Association of the Registrant. | 10-Q | 000-23354 | 02-09-01 | 3.1 | |||||||||
| 4.02 | Registrant’s 1997 Employee Share Purchase Plan. | X | ||||||||||||
| 4.03 | Indenture dated as of October 15, 1997 between Registrant and State Street Bank and Trust Company of California, N.A., as trustee. | 8-K | 000-23354 | 10-22-97 | 10.1 | |||||||||
| 4.04 | U.S. Dollar Indenture dated June 29, 2000 between the Registrant and Chase Manhattan Bank and Trust Company, N.A., as trustee. | 10-Q | 000-23354 | 08-14-00 | 4.1 | |||||||||
| 4.05 | Euro Indenture dated as of June 29, 2000 between Registrant and Chase Manhattan Bank and Trust Company, N.A., as trustee. | 10-Q | 000-23354 | 08-14-00 | 4.2 | |||||||||
| 4.06 | Credit Agreement dated as of March 8, 2002 among Flextronics International Ltd., the lenders named in Schedule I to the Credit Agreement, ABN AMRO Bank N.V. as agent for the lenders, ABN AMRO Bank N.V. and Fleet National Bank, as co-lead arrangers, Deutsche Banc Alex. Brown Inc., Bank of America, N.A., Citicorp USA, Inc. and Fleet National Bank, as co-syndication agents, The Bank of Nova Scotia, as senior managing agent, BNP Paribas and Credit Suisse First Boston, as managing agents, and Fleet National Bank, as the issuer of letters of credit (the “FIL Credit Agreement”).* | 10-K | 000-23354 | 05-03-02 | 4.04 | |||||||||
| 4.07 | Credit Agreement dated as of March 8, 2002 among Flextronics International USA, Inc., the lenders named in Schedule I to the Credit Agreement, ABN AMRO Bank N.V. as agent for the lenders, ABN AMRO Bank N.V. and Fleet National Bank, as co-lead arrangers, Deutsche Banc Alex. Brown Inc., Bank of America, N.A., Citicorp USA, Inc. and Fleet National Bank, as co-syndication agents, The Bank of Nova Scotia, as senior managing agent, BNP Paribas and Credit Suisse First Boston, as managing agents, and Fleet National Bank, as the issuer of letters of credit (the “FIUI Credit Agreement”).* | 10-K | 000-23354 | 05-03-02 | 4.05 | |||||||||
| 4.08 | Amendment No. 1 to the FIL Credit Agreement dated as of March 7, 2003.* | 10-K | 000-23354 | 06-06-03 | 4.08 | |||||||||
| 4.09 | Amendment No. 1 to the FIUI Credit Agreement dated as of March 7, 2003.* | 10-K | 000-23354 | 06-06-03 | 4.09 | |||||||||
| 4.10 | Indenture dated as of May 8, 2003 between Registrant and J.P. Morgan Trust Company, National Association, as trustee. | 10-K | 000-23354 | 06-06-03 | 4.04 | |||||||||
1
| Incorporated By Reference | ||||||||||||||
| Exhibit | Filing | Exhibit | Filed | |||||||||||
| No. | Exhibit | Form | File No. | Date | No. | Herewith | ||||||||
| 4.11 | Indenture dated as of August 5, 2003 between Registrant and J.P. Morgan Trust Company, National Association, as trustee. | 10-Q | 000-23354 | 08-11-03 | 4.01 | |||||||||
| 4.12 | Amendment No. 2 to the FIL Credit Agreement dated as of September 2,, 2003.* | 10-Q | 000-23354 | 11-10-03 | 4.01 | |||||||||
| 4.13 | Amendment No. 2 to the FIUI Credit Agreement dated as of September 2, 2003.* | 10-Q | 000-23354 | 11-10-03 | 4.02 | |||||||||
| 5.01 | Opinion of Allen & Gledhill with respect to the ordinary shares being registered. | X | ||||||||||||
| 15.01 | Letter in lieu of consent from Deloitte & Touche LLP, dated November 6, 2003, regarding unaudited interim financial information. | X | ||||||||||||
| 23.01 | Consent of Allen & Gledhill (included in Exhibit 5.01). | X | ||||||||||||
| 23.02 | Consent of Deloitte & Touche LLP. | X | ||||||||||||
| 24.01 | Power of Attorney (see page 3). | X | ||||||||||||
| * | Certain schedules have been omitted. The Registrant agrees to furnish supplementally a copy of any omitted schedule to the Securities and Exchange Commission upon request. |
2
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of San Jose, State of California, on this 12th day of November, 2003.
| FLEXTRONICS INTERNATIONAL LTD. | ||||
| By: | /s/ Michael E. Marks | |||
| Michael E. Marks | ||||
| Chief Executive Officer and | ||||
| Authorized U.S. Representative | ||||
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints jointly and severally, Michael E. Marks, Robert R.B. Dykes and Thomas J. Smach and each one of them, his attorneys-in-fact, each with the power of substitution, for him in any and all capacities, to sign any and all amendments to this registration statement (including any and all amendments, including post-effective amendments), and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or his substitutes, may do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons in the capacities and on the dates indicated.
| SIGNATURE | TITLE | DATE | ||
| /s/ Michael E. Marks
Michael E. Marks |
Chief Executive Officer and Director (principal executive officer) | November 12, 2003 | ||
| /s/ Robert R.B. Dykes
Robert R.B. Dykes |
President, Systems Group and Chief Financial Officer (principal financial officer) |
November 12, 2003 | ||
| /s/ Thomas J. Smach
|
Senior Vice President, Finance (principal accounting officer) |
November 12, 2003 | ||
| Thomas J. Smach | ||||
| /s/ Richard L. Sharp
Richard L. Sharp |
Chairman of the Board | November 12, 2003 | ||
| /s/ Michael J. Moritz
Michael J. Moritz |
Director | November 12, 2003 | ||
|
Patrick Foley |
Director | November , 2003 | ||
| /s/ James A. Davidson
James A. Davidson |
Director | November 12, 2003 | ||
|
Lip-Bu Tan |
Director | November , 2003 |
3
EXHIBIT INDEX
| Incorporated By Reference | ||||||||||||||
| Exhibit | Filing | Exhibit | Filed | |||||||||||
| No. | Exhibit | Form | File No. | Date | No. | Herewith | ||||||||
| 4.01 | Memorandum and New Articles of Association of the Registrant. | 10-Q | 000-23354 | 02-09-01 | 3.1 | |||||||||
| 4.02 | Registrant’s 1997 Employee Share Purchase Plan. | S-8 | 333-101327 | 11-20-02 | 4.02 | |||||||||
| 4.03 | Indenture dated as of October 15, 1997 between Registrant and State Street Bank and Trust Company of California, N.A., as trustee. | 8-K | 000-23354 | 10-22-97 | 10.1 | |||||||||
| 4.04 | U.S. Dollar Indenture dated June 29, 2000 between the Registrant and Chase Manhattan Bank and Trust Company, N.A., as trustee. | 10-Q | 000-23354 | 08-14-00 | 4.1 | |||||||||
| 4.05 | Euro Indenture dated as of June 29, 2000 between Registrant and Chase Manhattan Bank and Trust Company, N.A., as trustee. | 10-Q | 000-23354 | 08-14-00 | 4.2 | |||||||||
| 4.06 | Credit Agreement dated as of March 8, 2002 among Flextronics International Ltd., the lenders named in Schedule I to the Credit Agreement, ABN AMRO Bank N.V. as agent for the lenders, ABN AMRO Bank N.V. and Fleet National Bank, as co-lead arrangers, Deutsche Banc Alex. Brown Inc., Bank of America, N.A., Citicorp USA, Inc. and Fleet National Bank, as co-syndication agents, The Bank of Nova Scotia, as senior managing agent, BNP Paribas and Credit Suisse First Boston, as managing agents, and Fleet National Bank, as the issuer of letters of credit (the “FIL Credit Agreement”).* | 10-K | 000-23354 | 05-03-02 | 4.04 | |||||||||
| 4.07 | Credit Agreement dated as of March 8, 2002 among Flextronics International USA, Inc., the lenders named in Schedule I to the Credit Agreement, ABN AMRO Bank N.V. as agent for the lenders, ABN AMRO Bank N.V. and Fleet National Bank, as co-lead arrangers, Deutsche Banc Alex. Brown Inc., Bank of America, N.A., Citicorp USA, Inc. and Fleet National Bank, as co-syndication agents, The Bank of Nova Scotia, as senior managing agent, BNP Paribas and Credit Suisse First Boston, as managing agents, and Fleet National Bank, as the issuer of letters of credit (the “FIUI Credit Agreement”).* | 10-K | 000-23354 | 05-03-02 | 4.05 | |||||||||
| 4.08 | Amendment No. 1 to the FIL Credit Agreement dated as of March 7, 2003.* | 10-K | 000-23354 | 06-06-03 | 4.08 | |||||||||
| 4.09 | Amendment No. 1 to the FIUI Credit Agreement dated as of March 7, 2003.* | 10-K | 000-23354 | 06-06-03 | 4.09 | |||||||||
| 4.10 | Indenture dated as of May 8, 2003 between Registrant and J.P. Morgan Trust Company, National Association, as trustee. | 10-K | 000-23354 | 06-06-03 | 4.04 | |||||||||
| 4.11 | Indenture dated as of August 5, 2003 between Registrant and J.P. Morgan Trust Company, National Association, as trustee. | 10-Q | 000-23354 | 08-11-03 | 4.01 | |||||||||
| 4.12 | Amendment No. 2 to the FIL Credit Agreement dated as of September 2,, 2003.* | 10-Q | 000-23354 | 11-10-03 | 4.01 | |||||||||
| 4.13 | Amendment No. 2 to the FIUI Credit Agreement dated as of September 2, 2003.* | 10-Q | 000-23354 | 11-10-03 | 4.02 | |||||||||
| 5.01 | Opinion of Allen & Gledhill with respect to the ordinary shares being registered. | X | ||||||||||||
| 15.01 | Letter in lieu of consent from Deloitte & Touche LLP, dated November 6, 2003, regarding unaudited interim financial information. | X | ||||||||||||
| 23.01 | Consent of Allen & Gledhill (included in Exhibit 5.01). | X | ||||||||||||
| Incorporated By Reference | ||||||||||||||
| Exhibit | Filing | Exhibit | Filed | |||||||||||
| No. | Exhibit | Form | File No. | Date | No. | Herewith | ||||||||
| 23.02 | Consent of Deloitte & Touche LLP. | X | ||||||||||||
| 24.01 | Power of Attorney (see page 3). | X | ||||||||||||
| * | Certain schedules have been omitted. The Registrant agrees to furnish supplementally a copy of any omitted schedule to the Securities and Exchange Commission upon request. |