<SEC-DOCUMENT>0001140361-25-028271.txt : 20250801
<SEC-HEADER>0001140361-25-028271.hdr.sgml : 20250801
<ACCEPTANCE-DATETIME>20250801090007
ACCESSION NUMBER:		0001140361-25-028271
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20250801
DATE AS OF CHANGE:		20250801

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TTEC Holdings, Inc.
		CENTRAL INDEX KEY:			0001013880
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-HELP SUPPLY SERVICES [7363]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				841291044
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-48753
		FILM NUMBER:		251174141

	BUSINESS ADDRESS:	
		STREET 1:		100 CONGRESS AVENUE
		STREET 2:		SUITE 1425
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78701
		BUSINESS PHONE:		303-397-8100

	MAIL ADDRESS:	
		STREET 1:		100 CONGRESS AVENUE
		STREET 2:		SUITE 1425
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78701

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TELETECH HOLDINGS INC
		DATE OF NAME CHANGE:	19960509

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TUCHMAN KENNETH D
		CENTRAL INDEX KEY:			0001032211
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		ORGANIZATION NAME:           	07 Trade & Services
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A

	MAIL ADDRESS:	
		STREET 1:		C/O MARGARET MCLEAN, TTEC HOLDINGS INC
		STREET 2:		100 CONGRESS AVENUE, SUITE 1425
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78701
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>SCHEDULE 13D/A</submissionType>
<previousAccessionNumber>0001140361-24-042264</previousAccessionNumber>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001032211</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<amendmentNo>4</amendmentNo>
<securitiesClassTitle>Common Stock, par value $0.01 per share</securitiesClassTitle>
<dateOfEvent>07/31/2025</dateOfEvent>
<previouslyFiledFlag>false</previouslyFiledFlag>
<issuerInfo>
<issuerCIK>0001013880</issuerCIK>
<issuerCUSIP>89854H102</issuerCUSIP>
<issuerName>TTEC Holdings, Inc.</issuerName>
<address>
<com:street1>5251 DTC Parkway</com:street1>
<com:street2>Suite 995</com:street2>
<com:city>Greenwood Village</com:city>
<com:stateOrCountry>CO</com:stateOrCountry>
<com:zipCode>80111</com:zipCode>
</address>
</issuerInfo>
<authorizedPersons>
<notificationInfo>
<personName>Kenneth D. Tuchman</personName>
<personPhoneNum>(303) 397-8100</personPhoneNum>
<personAddress>
<com:street1>5251 DTC Parkway, Suite 995</com:street1>
<com:city>Greenwood Village</com:city>
<com:stateOrCountry>CO</com:stateOrCountry>
<com:zipCode>80111</com:zipCode>
</personAddress>
</notificationInfo>
<notificationInfo>
<personName>Andrew J. Nussbaum</personName>
<personPhoneNum>(212) 403-1000</personPhoneNum>
<personAddress>
<com:street1>Wachtell, Lipton, Rosen &amp; Katz</com:street1>
<com:street2>51 W. 52nd Street</com:street2>
<com:city>New York</com:city>
<com:stateOrCountry>NY</com:stateOrCountry>
<com:zipCode>10019</com:zipCode>
</personAddress>
</notificationInfo>
</authorizedPersons>
</coverPageHeader>
<reportingPersons>
<reportingPersonInfo>
<reportingPersonCIK>0001032211</reportingPersonCIK>
<reportingPersonName>TUCHMAN KENNETH D</reportingPersonName>
<memberOfGroup>a</memberOfGroup>
<fundType>OO</fundType>
<citizenshipOrOrganization>X1</citizenshipOrOrganization>
<soleVotingPower>6526401</soleVotingPower>
<sharedVotingPower>21326806</sharedVotingPower>
<soleDispositivePower>6526401</soleDispositivePower>
<sharedDispositivePower>21326806</sharedDispositivePower>
<aggregateAmountOwned>27853207</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>58.2</percentOfClass>
<typeOfReportingPerson>IN</typeOfReportingPerson>
<commentContent>(1) Consists of (i) 14,766,806 shares beneficially owned by Mr. Tuchman in his capacity as the controlling person of Mantucket Capital Management Corporation, the sole general partner of KDT Family, LLLP, (ii) 6,550,000 shares beneficially owned by Mr. Tuchman in his capacity as the sole trustee of KDT Stock Revocable Trust, and (iii) 10,000 shares beneficially owned by Mr. Tuchman's spouse. Mr. Tuchman disclaims beneficial ownership of all shares beneficially owned by his spouse.&#13;
&#13;
(2) Based on 47,833,188 shares of Common Stock outstanding as of May 1, 2025, according to information provided by TTEC Holdings, Inc., a Delaware corporation (the "Company").</commentContent>
</reportingPersonInfo>
<reportingPersonInfo>
<reportingPersonNoCIK>Y</reportingPersonNoCIK>
<reportingPersonName>KDT Stock Revocable Trust</reportingPersonName>
<memberOfGroup>a</memberOfGroup>
<fundType>OO</fundType>
<citizenshipOrOrganization>CO</citizenshipOrOrganization>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>6550000</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>6550000</sharedDispositivePower>
<aggregateAmountOwned>6550000</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>13.7</percentOfClass>
<typeOfReportingPerson>OO</typeOfReportingPerson>
<commentContent>(1) Power is shared with its sole trustee, Kenneth D. Tuchman.&#13;
(2) Based on 47,833,188 shares of Common Stock outstanding as of May 1, 2025, according to information provided by the Company.</commentContent>
</reportingPersonInfo>
<reportingPersonInfo>
<reportingPersonNoCIK>Y</reportingPersonNoCIK>
<reportingPersonName>KDT Family, LLLP</reportingPersonName>
<memberOfGroup>a</memberOfGroup>
<fundType>OO</fundType>
<citizenshipOrOrganization>CO</citizenshipOrOrganization>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>14766806</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>14766806</sharedDispositivePower>
<aggregateAmountOwned>14766806</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>30.9</percentOfClass>
<typeOfReportingPerson>PN</typeOfReportingPerson>
<commentContent>(1) Power is shared with its sole general partner, Mantucket Capital Management Corporation, and Kenneth D. Tuchman, the controlling person of Mantucket Capital Management Corporation.&#13;
(2) Based on 47,833,188 shares of Common Stock outstanding as of May 1, 2025, according to information provided by the Company.</commentContent>
</reportingPersonInfo>
<reportingPersonInfo>
<reportingPersonNoCIK>Y</reportingPersonNoCIK>
<reportingPersonName>Mantucket Capital Management Corporation</reportingPersonName>
<memberOfGroup>a</memberOfGroup>
<fundType>OO</fundType>
<citizenshipOrOrganization>CO</citizenshipOrOrganization>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>14766806</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>14766806</sharedDispositivePower>
<aggregateAmountOwned>14766806</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>30.9</percentOfClass>
<typeOfReportingPerson>CO</typeOfReportingPerson>
<commentContent>(1) Consists of 14,766,806 shares beneficially owned by Mantucket Capital Management Corporation in its capacity as the sole general partner of KDT Family, LLLP.&#13;
(2) Based on 47,833,188 shares of Common Stock outstanding as of May 1, 2025, according to information provided by the Company.</commentContent>
</reportingPersonInfo>
</reportingPersons>
<items1To7>
<item1>
<securityTitle>Common Stock, par value $0.01 per share</securityTitle>
<issuerName>TTEC Holdings, Inc.</issuerName>
<issuerPrincipalAddress>
<com:street1>5251 DTC Parkway</com:street1>
<com:street2>Suite 995</com:street2>
<com:city>Greenwood Village</com:city>
<com:stateOrCountry>CO</com:stateOrCountry>
<com:zipCode>80111</com:zipCode>
</issuerPrincipalAddress>
</item1>
<item4>
<transactionPurpose>Item 4 of the 13D is hereby supplemented to include the following information at the end of Item 4:&#13;
&#13;
On July 31, 2025, Mr. Tuchman delivered a letter to the Board of Directors of the Company withdrawing his previously disclosed non-binding proposal to acquire all of the outstanding shares of Common Stock not already owned by the Reporting Persons for cash consideration at a purchase price of $6.85 per share of Common Stock.  A copy of the letter is filed as Exhibit 99.1 to this Amendment. &#13;
&#13;
The Reporting Persons will continue to review their investment in the Company on a continuing basis and may in the future take or propose to take such actions with respect to their investment in the Company as they deem appropriate.</transactionPurpose>
</item4>
<item5>
<percentageOfClassSecurities>The information set forth on rows 11 and 13 of each of the cover pages of this 13D is incorporated herein by reference. To the knowledge of each of the Reporting Persons, none of the Covered Persons (as defined and identified in the initial 13D) owns beneficially pursuant to Rule 13d-3 of the Act any shares of Common Stock.</percentageOfClassSecurities>
<numberOfShares>The information set forth in rows 7 through 10 of each of the cover pages of this 13D is incorporated herein by reference.</numberOfShares>
<transactionDesc>None of the Reporting Persons have effected any transactions in the Common Stock in the last sixty (60) days.</transactionDesc>
<listOfShareholders>Not applicable.</listOfShareholders>
<date5PercentOwnership>Not applicable.</date5PercentOwnership>
</item5>
<item6>
<contractDescription>Item 6 of the 13D is hereby supplemented to incorporate by reference the information set forth in Item 4 above.</contractDescription>
</item6>
<item7>
<filedExhibits>Item 7 of the 13D is hereby supplemented by adding the following exhibit:&#13;
&#13;
Exhibit&#13;
Number       Description&#13;
 &#13;
99.1	      Letter, dated July 31, 2025 from Kenneth D. Tuchman to the Board of Directors of TTEC Holdings, Inc.</filedExhibits>
</item7>
</items1To7>
<signatureInfo>
<signaturePerson>
<signatureReportingPerson>TUCHMAN KENNETH D</signatureReportingPerson>
<signatureDetails>
<signature>/s/ Kenneth D. Tuchman</signature>
<title>Kenneth D. Tuchman</title>
<date>08/01/2025</date>
</signatureDetails>
</signaturePerson>
<signaturePerson>
<signatureReportingPerson>KDT Stock Revocable Trust</signatureReportingPerson>
<signatureDetails>
<signature>/s/ Kenneth D. Tuchman</signature>
<title>Kenneth D. Tuchman/Sole Trustee</title>
<date>08/01/2025</date>
</signatureDetails>
</signaturePerson>
<signaturePerson>
<signatureReportingPerson>KDT Family, LLLP</signatureReportingPerson>
<signatureDetails>
<signature>/s/ Kenneth D. Tuchman</signature>
<title>Kenneth D. Tuchman/Assistant Treasurer</title>
<date>08/01/2025</date>
</signatureDetails>
</signaturePerson>
<signaturePerson>
<signatureReportingPerson>Mantucket Capital Management Corporation</signatureReportingPerson>
<signatureDetails>
<signature>/s/ Kenneth D. Tuchman</signature>
<title>Kenneth D. Tuchman/Assistant Treasurer</title>
<date>08/01/2025</date>
</signatureDetails>
</signaturePerson>
</signatureInfo>
</formData>

</edgarSubmission>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ef20052990_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <title></title>
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         Copyright 1995 - 2025 Broadridge -->
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      <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 99.1</font><br>
      </div>
      <div><br>
      </div>
      <div>
        <div style="text-align: center; font-weight: bold;">Kenneth D. Tuchman</div>
        <div><br>
        </div>
        <div>July 31, 2025</div>
        <div><br>
        </div>
        <div>Board of Directors</div>
        <div>TTEC Holdings, Inc.</div>
        <div>6312 South Fiddler&#8217;s Green Circle</div>
        <div>Suite 100N</div>
        <div>Greenwood Village, CO 80111</div>
        <div><br>
        </div>
        <div>Dear Members of the Board of Directors:</div>
        <div><br>
        </div>
        <div>On September 27, 2024, I submitted a non-binding preliminary proposal (the &#8220;Proposal&#8221;) to acquire all of the outstanding shares of common stock (the &#8220;Common Stock&#8221;) of TTEC Holdings, Inc. (&#8220;TTEC&#8221; or the &#8220;Company&#8221;) not already owned by me and
          my controlled affiliates for cash consideration at a purchase price of $6.85 per share (the &#8220;Proposed Transaction&#8221;).</div>
        <div><br>
        </div>
        <div>After conducting a thorough process and working with the Special Committee of the Board of Directors over the intervening period, I have determined not to move forward with the Proposed Transaction given the current market conditions and, as a
          result, I am withdrawing the Proposal.&#160; While I am not proceeding with the Proposed Transaction at this time, I remain TTEC&#8217;s largest shareholder and am fully committed to the Company&#8217;s future success and its strategy going forward.</div>
        <div><br>
        </div>
        <div>I appreciate the hard work and dedication of the Board of Directors and management team over the course of these past several months.&#160; In particular, now that the work of the Special Committee has come to a close, I would like to thank the
          members of the Special Committee for their commitment and diligent engagement in evaluating the Proposal.</div>
        <div><br>
        </div>
        <div>I remain optimistic about TTEC&#8217;s future.&#160; I look forward to working with each of you to execute on our strategic priorities with the goal of delivering the best results we can for TTEC and its shareholders.</div>
        <div><br>
        </div>
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zcce10d8bdeae4c3a83e1968a5eb38c25">

            <tr>
              <td colspan="1" style="width: 55%; vertical-align: top;"><br>
              </td>
              <td style="width: 45%; vertical-align: top;">
                <div>Sincerely,</div>
              </td>
            </tr>
            <tr>
              <td colspan="1" style="width: 55%; vertical-align: top;"><br>
              </td>
              <td style="width: 45%; vertical-align: top;"><br>
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              <td colspan="1" style="width: 55%; vertical-align: top;"><br>
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              <td style="width: 45%; vertical-align: top;">
                <div>/s/ Kenneth D. Tuchman</div>
              </td>
            </tr>
            <tr>
              <td colspan="1" style="width: 55%; vertical-align: top;"><br>
              </td>
              <td style="width: 45%; vertical-align: top;"><br>
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              <td colspan="1" style="width: 55%; vertical-align: top;"><br>
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              <td style="width: 45%; vertical-align: top;">
                <div>Kenneth D. Tuchman</div>
              </td>
            </tr>

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</DOCUMENT>
</SEC-DOCUMENT>
