6K

FORM 6 - K

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer
Pursuant to Rule 13a - 16 or 15d - 16 of
the Securities Exchange Act of 1934

As of April 11, 2003

TENARIS, S.A.
(Translation of Registrant’s name into English)

TENARIS, S.A.
23 Avenue Monterey
2086 Luxembourg
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover
Form 20-F or 40-F.

Form 20-F  [X]     Form 40-F  [   ]

     Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12G3-2(b) under the Securities Exchange Act of 1934.

Yes  [   ]     No  [X]

If “Yes” is marked, indicate below the file number assigned to the registrant in connection
with Rule 12g3-2(b): 82-_________.

 

   

 


 

The attached material is being furnished to the Securities and Exchange Commission pursuant to Rule 13a-16 and Form 6-K under the Securities Exchange Act of 1934, as amended. This report contains Tenaris’s announcing a delay in its acquisition of the remaining minority interests in Siderca

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: April 11, 2003

Tenaris, S.A.

By: /s/ Cecilia Bilesio
Cecilia Bilesio
Corporate Secretary

 

   

 


 

EX 99.1

Gerardo Varela
Tenaris
1-888 300 5432
www.tenaris.com

Tenaris Announces a Delay in its Acquisition of the Remaining Minority Interests in Siderca

Luxembourg, April 11, 2003. Tenaris S.A. (NYSE, Buenos Aires and Mexico: TS; MTA Italy: TEN), announced today that its acquisition of the remaining minority interests in Siderca S.A.I.C. (Siderca) has been delayed until further notice. This results from a delay on the part of the Argentine securities regulator to publish in the Argentine Public Commercial Registry its previously issued communication confirming approval of the transaction. Without such publication, Tenaris is not able to complete its acquisition of the Siderca shares.

Tenaris understands that the delay on the part of the Argentine securities regulator is related to an injunction issued by an Argentine court in response to the petition presented by four shareholders holding 0.01% of the shares of Siderca to halt the acquisition process in respect of the shares held by them and the need to determine the implications of such injunction.

Tenaris intends to resume the process as soon as it is able to do so. It regrets any inconvenience that may be caused to the holders of Siderca shares and ADSs by the delay of the process occasioned through no fault of its own.

This communication does not constitute an offer or solicitation for the sale, purchase or acquisition of securities in any jurisdiction.

Tenaris is a leading global manufacturer of seamless steel pipe products and provider of pipe handling, stocking and distribution services to the oil and gas, energy and mechanical industries and a leading regional supplier of welded steel pipes for gas pipelines in South America. Organized in Luxembourg, it has pipe manufacturing facilities in Argentina, Brazil, Canada, Italy, Japan, Mexico and Venezuela and a network of customer service centers present in over 20 countries worldwide.