We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Tal Education Group | NYSE:TAL | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.73 | 6.06% | 12.77 | 157 | 09:43:15 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
TAL EDUCATION GROUP
874080104
/x/ Rule 13d-1(b)
/ / Rule 13d-1(c)
/ / 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 ("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).
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
1. Names of Reporting Persons and I.R.S. Identification No.
UBS Group AG (for the benefit and on behalf of the UBS Asset Management division of UBS Group AG (see Item 7)
Switzerland ----------------------------------------------------------- Number of 5. Sole Voting Power 12,667,191* Shares Bene- 6. Shared Voting Power 0 ficially 7. Sole Dispositive Power 0 Owned by Each 8. Shared Dispositive Power 14,654,347* |
9. Aggregate Amount Beneficially Owned by Each Reporting Person:
14,654,347*
*Beneficial ownership represents number of Class A common shares owned upon conversion of American Depositary Shares. Each American Depositary Share represents two Class A common shares. The Reporting Person disclaims beneficial ownership of such securities pursuant to Rule 13d-4 under the Securities Exchange Act of 1934. In accordance with SEC Release No. 34-39538 (January 12, 1998), this filing reflects the securities beneficially owned by the UBS Asset Management division of UBS Group AG and its subsidiaries and affiliates on behalf of clients. This filing does not reflect securities, if any, beneficially owned by any other division of UBS.
Cusip 874080104
Item 1(a). Name of Issuer:
TAL EDUCATION GROUP
Item 1(b). Address of Issuer's Principal Executive Offices:
12/F, Danling SOHO
No. 6 Danling Street, Haidian District
Beijing 100080
People's Republic of China
Item 2(a) Name of Persons Filing:
UBS Group AG
Item 2(b) Address of Principal Business Office or, if none, Residence:
UBS Group AG's principal business office is:
Bahnhofstrasse 45
Zurich, Switzerland
Item 2(c) Citizenship:
Incorporated by reference to Item 4 of the cover pages.
Item 2(d) Title of Class of Securities:
American Depositary Shares, par value US$0.001 per share, each
convertible into two Class A common shares, par value US$0.001,
of the issuer.
Item 2(e) CUSIP Number:
874080104
Item 3. Type of Person Filing:
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
The amount of shares beneficially owned includes shares of common stock (CUSIP 874080104) issuable upon conversion of 2.50% convertible notes due 2019 (CUSIP 874080AB0).
Item 5. Ownership of Five Percent or Less of a Class:
Identification: UBS Asset Management (Americas) Inc. Classification: IA
In addition to UBS Group AG, the following UBS Asset Management affiliates and subsidiaries are part of the UBS Asset Management division included in this filing: UBS AG, UBS Asset Management (Americas) Inc., UBS Asset Management Trust Company, UBS Asset Management (Canada) Inc., UBS Asset Management (Australia) Ltd., UBS Asset Management (Hong Kong) Limited, UBS Asset Management (Japan) Ltd., UBS Asset Management (Singapore) Ltd., UBS Asset Management (Taiwan) Ltd., UBS Asset Management (Deutschland) GmbH, UBS Asset Management (Italia) SGR SpA, UBS Asset Management (UK) Ltd., UBS Asset Management Life Limited, UBS Hana Asset Management Co., Ltd., and UBS Asset Management France SA.
UBS AM is composed of wholly-owned subsidiaries and branches of UBS Group AG. UBS Group AG is reporting direct and indirect beneficial ownership of holdings. None of the reporting persons affirm the existence of a group within the meaning of Rule 13d-5(b)(1).
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.
Date: February 13, 2019
UBS Group AG
By: /s/ Frank S. Pluchino Frank S. Pluchino pursuant to Power of Attorney, attached as Exhibit 1, for the UBS Asset Management division of UBS Group AG By: /s/ Barry J. Mullen Barry J. Mullen pursuant to Power of Attorney, attached as Exhibit 1, for the UBS Asset Management division of UBS Group AG |
EXHIBIT INDEX
Exhibit Number Exhibit Description 1 Power of Attorney February 12, 2018 |
EXHIBIT 1 |
Power of Attorney
Each of the following persons is hereby appointed as agent and attorney-in-fact with power and authority to sign US Regulatory Filings, including Schedule 13G and Form 13F, on behalf of UBS Group AG, UBS AG, and their subsidiaries and affiliates in the UBS Asset Management division of UBS Group AG:
Sal DiGangi
Barry Mullen
William Murphy
Frank Pluchino
All prior powers of attorney relating to the subject matter of this
Power of Attorney are hereby revoked. This Power of Attorney is
limited to the circumstances set forth herein.
This Power of Attorney shall expire
on 31 December 2020, but it may be revoked, in whole or in part, at any
time prior to that date. If a person identified above ceases
to perform regulatory filing services for UBS Asset Management
for any reason, this Power of Attorney shall be automatically
revoked with respect to that person. Nothing in this Power of Attorney
is intended to limit the authority of any other persons
to sign documents relating to the subject matter hereof to
the extent permitted by UBS Group Policy or otherwise.
APPROVED:
Date: As of 12 February, 2018 /s/ Markus Miederhoff Markus Miederhoff UBS Asset Management General Counsel Group Managing Director /s/ William Ferri William Ferri UBS Asset Management Head of Americas Group Managing Director |
1 Year Tal Education Chart |
1 Month Tal Education Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions