SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
SCHEDULE 13G
Amendment #2
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
Skillsoft Public Limited Company
(Name of Issuer)
American Depositary Shares
Each representing an Ordinary Share, nominal value Euro 0.11 per share
(Title of Class of Securities)
830928107
(CUSIP Number)
December 31, 2003
(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to
which this Schedule 13G is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
Page 1 of 9 Pages
________________
*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 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. 830928107 13G/A Page 2 of 9 Pages
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Gotham Partners, L.P.
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
_________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES
_________________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
-0-
OWNED BY
_________________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING
_________________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
-0-
_________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
-0-
_________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
_________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0.0%
_________________________________________________________________
(12) TYPE OF REPORTING PERSON **
PN
_________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 830928107 13G/A Page 3 of 9 Pages
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Gotham Partners III, L.P.
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
_________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES
_________________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
-0-
OWNED BY
_________________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING
_________________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
-0-
_________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
-0-
_________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
_________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0.0%
_________________________________________________________________
(12) TYPE OF REPORTING PERSON **
PN
_________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 830928107 13G/A Page 4 of 9 Pages
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Gotham International Advisors, L.L.C.
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES
_________________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
-0-
OWNED BY
_________________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING
_________________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
-0-
_________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
-0-
_________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
_________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0.0%
_________________________________________________________________
(12) TYPE OF REPORTING PERSON **
IA
_________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 830928107 13G/A Page 5 of 9 Pages
Item 1(a). Name of Issuer:
The name of the issuer is Skillsoft Public Limited Company
(the "Company"), a public limited liability company organized
under the laws of the Republic of Ireland.
Item 1(b). Address of Issuer's Principal Executive Offices:
The Company's principal executive offices are located at
107 Northeastern Boulevard, Nashua, New Hampshire, 03062.
Item 2(a). Name of Person Filing:
This statement is filed by:
(i) Gotham Partners, L.P., a New York limited partnership
("Gotham") with respect to the shares of ADS
directly owned by it;
(ii) Gotham Partners III, L.P., a New York limited
partnership ("Gotham III") with respect to the
shares of ADS directly owned by it; and
(iii) Gotham International Advisors, L.L.C., a
limited liability company organized under
the laws of the State of Delaware
("Gotham Advisors"), which serves as
investment manager to Gotham Partners
International, Ltd.("Gotham International"),
a company organized under the laws of the
Cayman Islands, with respect to the
shares of ADS directly owned
by Gotham International; and
The foregoing persons are hereinafter sometimes
collectively referred to as the "Reporting Persons."
Any disclosures herein with respect to persons other
than the Reporting Persons are made on information
and belief after making inquiry to the appropriate party.
Item 2(b). Address of Principal Business Office or, if None,
Residence:
The address of the business office of Gotham, Gotham III and
Gotham Advisors is 110 East 42nd Street, 18th Floor, New York,
New York, 10017. The address of the business office of Gotham
International is c/o Goldman Sachs (Cayman) Trust, Limited,
Harbour Centre, 2nd Floor, P.O. Box 896, George Town,
Grand Cayman, Cayman Islands, British West Indies.
CUSIP No. 830928107 13G/A Page 6 of 9 Pages
Item 2(c). Citizenship:
Gotham and Gotham III are limited partnerships organized
under the laws of the State of New York. Gotham Advisors is a
limited liability company organized under the laws of the
State of Delaware.
Item 2(d). Title of Class of Securities:
American Depositary Share, $0.11 par value (the "ADS")
each of which represents one ordinary share, nominal value
Euro 0.11 per share.
Item 2(e). CUSIP Number:
830928107
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or
13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under Section 15
of the Act,
(b) [ ] Bank as defined in Section 3(a)(6) of the Act,
(c) [ ] Insurance Company as defined in Section 3(a)(19) of
the Act,
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act of 1940,
(e) [ ] Investment Adviser in accordance with Rule
13d-1 (b)(1)(ii)(E),
(f) [ ] Employee Benefit Plan or Endowment Fund in
accordance with 13d-1 (b)(1)(ii)(F),
(g) [ ] Parent Holding Company or control person in
accordance with Rule 13d-1 (b)(1)(ii)(G),
(h) [ ] Savings Association as defined in Section 3(b) of the
Federal Deposit Insurance Act,
(i) [ ] Church Plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the
Investment Company Act of 1940,
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Not applicable.
CUSIP No. 830928107 13G/A Page 7 of 9 Pages
Item 4. Ownership.
A. Gotham Partners, L.P.
(a) Amount beneficially owned: -0-
(b) Percent of class: 0.0% The percentages used herein
are calculated based upon the 99,993,573 shares of
ADS issued and outstanding as of October 31, 2003.
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: -0-
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: -0-
B. Gotham Partners III, L.P.
(a) Amount beneficially owned: -0-
(b) Percent of class: 0.0%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: -0-
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: -0-
C. Gotham International Advisors, L.L.C.
(a) Amount beneficially owned: -0-
(b) Percent of class: 0.0%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: -0-
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: -0-
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as
of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following. [X]
Item 6. Ownership of More than Five Percent on Behalf of
Another Person.
Not applicable
CUSIP No. 830928107 13G/A Page 8 of 9 Pages
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on by the Parent
Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the
Group.
See Item 2.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
Each of the Reporting Persons hereby makes the following
certification:
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above were not
acquired and are not held for the purpose of or with the effect
of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose
or effect.
CUSIP No. 830928107 13G/A Page 9 of 9 Pages
SIGNATURES
After reasonable inquiry and to the best of our knowledge and
belief, the undersigned certify that the information set forth in
this statement is true, complete and correct.
DATED: February 2, 2004
GOTHAM PARTNERS, L.P.
By: Section H Partners, L.P.
its general partner
By: DPB Corporation,
a general partner of Section H
Partners, L.P.
By: /s/ David P. Berkowitz
David P. Berkowitz
President
GOTHAM PARTNERS III, L.P.
By: Section H Partners, L.P.
its general partner
By: DPB Corporation,
a general partner of Section H
Partners, L.P.
By: /s/ David P. Berkowitz
David P. Berkowitz
President
GOTHAM INTERNATIONAL ADVISORS, L.L.C.
By: /s/ David P. Berkowitz
David P. Berkowitz
Senior Managing Member