-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VWLHLBwAR7yPdedf5DuvXyx8ZHH21m6l4HnRhn+PMePCekVT7SK7O8rTg9C8NclK d+Ka6fdQg9jDx1RnqgggTA== 0000927016-01-000306.txt : 20010130 0000927016-01-000306.hdr.sgml : 20010130 ACCESSION NUMBER: 0000927016-01-000306 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010129 GROUP MEMBERS: AMERICAN OPPORTUNITY TRUST GROUP MEMBERS: CHRISTOPHER HARWOOD BERNARD GROUP MEMBERS: CONSULTA (CHANNEL ISLANDS) LMTD GROUP MEMBERS: GROWTH FINANCIAL SERVICES LTD GROUP MEMBERS: J O HAMBRO CAPITAL MANAGEMENT LTD GROUP MEMBERS: J O HAMBRO CAPITAL MGMT (HOLDINGS) LTD GROUP MEMBERS: J O HAMBRO CAPITAL MGMT LT GROUP MEMBERS: NORTH ATLANTIC SMALLER CO. INVESTMENT TRUST GROUP MEMBERS: ORYX INTNL GROWTH FUND LTD GROUP MEMBERS: TRIDENT NORTH ATLANTIC FUND SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LESCO INC/OH CENTRAL INDEX KEY: 0000745394 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE CHEMICALS [2870] IRS NUMBER: 340904517 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-40858 FILM NUMBER: 1517997 BUSINESS ADDRESS: STREET 1: 20005 LAKE RD CITY: ROCKY RIVER STATE: OH ZIP: 44116 BUSINESS PHONE: 2163339250 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: J O HAMBRO CAPITAL MANAGEMENT LTD CENTRAL INDEX KEY: 0000940755 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: X0 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 10 PARK PLACE CITY: LONDON STATE: X0 MAIL ADDRESS: STREET 1: 10 PARK PLACE STREET 2: SW1A1LP CITY: LONDON STATE: X0 FORMER COMPANY: FORMER CONFORMED NAME: HAMBRO J O & PARTNERS LTD DATE OF NAME CHANGE: 19960206 SC 13D/A 1 0001.txt SCHEDULE 13D AMENDMENT NO.2 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934* (Amendment No. 2) LESCO, INC. - ------------------------------------------------------------------------------ (Name of Issuer) Common Stock, without par value - ------------------------------------------------------------------------------ (Title of Class of Securities) 526872106 --------------------------------------------------------------- (CUSIP Number) COPY TO: Rob Barrett J O Hambro Capital Management Limited Ryder Court 14 Ryder Street London SW1A 6QB, England 011-44-207-747-5640 - ------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 26, 2001 --------------------------------------------------------------- (Dates of Events which Require Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [_]. Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. * 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 disclosures provided in a prior cover page. The information required on 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). - ------------------------ ----------------------- CUSIP No. 526872106 SCHEDULE 13D Page 2 of 38 Pages - ------------------------ ----------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSONS 1. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS J O Hambro Capital Management Limited No IRS Identification Number - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2. (a) [X] (b) [_] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4. WC - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT 5. TO ITEMS 2(d) or 2(e) [_] - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6. England - ------------------------------------------------------------------------------ SOLE VOTING POWER 7. NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8. OWNED BY 1,406,100 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9. REPORTING 0 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10. 1,406,100 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11. 1,406,100 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 12. - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13. 16.4% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14. IA, CO - ------------------------------------------------------------------------------ - ------------------------ ----------------------- CUSIP No. 526872106 SCHEDULE 13D Page 3 of 38 Pages - ------------------------ ----------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSONS 1. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS J O Hambro Capital Management (Holdings) Limited No IRS Identification Number - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2. (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4. WC - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6. England - ------------------------------------------------------------------------------ SOLE VOTING POWER 7. NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8. OWNED BY 1,406,100 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9. REPORTING 0 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10. 1,406,100 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11. 1,406,100 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 12. - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13. 16.4% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14. IA, CO - ------------------------------------------------------------------------------ - ------------------- ------------------ CUSIP NO. 526872106 SCHEDULE 13D Page 4 of 38 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------ NAME OF REPORTING PERSONS 1. S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Growth Financial Services Limited No IRS Identification Number - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2. (a) [_] (b) [x] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4. WC - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [_] 5. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6. England - ------------------------------------------------------------------------------ SOLE VOTING POWER 7. NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8. OWNED BY 750,000 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9. REPORTING 0 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10. 750,000 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11. 750,000 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12. [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13. 8.8% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14. CO - ------------------------------------------------------------------------------ - ------------------- ------------------ CUSIP No. 526872106 SCHEDULE 13D Page 5 of 38 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------ NAME OF REPORTING PERSONS 1. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS North Atlantic Smaller Companies Investment Trust plc No IRS Identification Number - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2. (a) [_] (b) [x] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4. WC - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT 5. TO ITEM 2(d) or 2(e) [_] - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6. England - ------------------------------------------------------------------------------ SOLE VOTING POWER 7. NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8. OWNED BY 750,000 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9. REPORTING 0 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10. 750,000 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11. 750,000 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12. [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13. 8.8% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14. IV, CO - ------------------------------------------------------------------------------ - ------------------- ------------------ CUSIP No. 526872106 SCHEDULE 13D Page 6 of 38 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------ NAME OF REPORTING PERSONS 1. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS American Opportunity Trust plc No IRS Identification Number - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2. (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4. WC - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6. England - ------------------------------------------------------------------------------ SOLE VOTING POWER 7. NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8. OWNED BY 125,000 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9. REPORTING 0 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10. 125,000 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11. 125,000 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12. [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13. 1.5% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14. IV, CO - ------------------------------------------------------------------------------ - ------------------- ------------------ CUSIP No. 526872106 SCHEDULE 13D Page 7 of 38 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------ NAME OF REPORTING PERSONS 1. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Christopher Harwood Bernard Mills No IRS Identification Number - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2. (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4. WC - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_] 5. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6. England - ------------------------------------------------------------------------------ SOLE VOTING POWER 7. NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8. OWNED BY 1,406,100 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9. REPORTING 0 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10. 1,406,100 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11. 1,406,100 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 12. - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13. 16.4% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14. IN - ------------------------------------------------------------------------------ - ------------------- ------------------ CUSIP No. 526872106 SCHEDULE 13D Page 8 of 38 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------ NAME OF REPORTING PERSONS 1. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Oryx International Growth Fund Limited No IRS Identification Number - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2. (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4. WC - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [_] 5. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6. Guernsey (Channel Islands) - ------------------------------------------------------------------------------ SOLE VOTING POWER 7. NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8. 100,000 OWNED BY ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9. REPORTING 0 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10. 100,000 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11. 100,000 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 12. [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13. 1.2% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14. IV, CO - ------------------------------------------------------------------------------ - ------------------- ------------------ CUSIP No. 526872106 SCHEDULE 13D Page 9 of 38 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------ NAME OF REPORTING PERSONS 1. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Consulta (Channel Islands) Limited No IRS Identification Numer - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2. (a) [_] (b) [x] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4. WC - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [_] 5. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6. Guernsey (Channel Islands) - ------------------------------------------------------------------------------ SOLE VOTING POWER 7. NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8. OWNED BY 100,000 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9. REPORTING 0 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10. 100,000 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11. 100,000 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] 12. - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13. 1.2% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14. IV, CO - ------------------------------------------------------------------------------ - ------------------- ------------------- CUSIP No. 526872106 SCHEDULE 13D Page 10 of 38 Pages - ------------------- ------------------- - ------------------------------------------------------------------------------ NAME OF REPORTING PERSONS 1. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Trident North Atlantic Fund No IRS Identification Number - ------------------------------------------------------------------------------ CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* 2. (a) [_] (b) [X] - ------------------------------------------------------------------------------ SEC USE ONLY 3. - ------------------------------------------------------------------------------ SOURCE OF FUNDS 4. WC - ------------------------------------------------------------------------------ CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [_] 5. - ------------------------------------------------------------------------------ CITIZENSHIP OR PLACE OF ORGANIZATION 6. Cayman Islands - ------------------------------------------------------------------------------ SOLE VOTING POWER 7. NUMBER OF 0 SHARES ----------------------------------------------------------- SHARED VOTING POWER BENEFICIALLY 8. OWNED BY 60,000 ----------------------------------------------------------- EACH SOLE DISPOSITIVE POWER 9. REPORTING 0 PERSON ----------------------------------------------------------- SHARED DISPOSITIVE POWER WITH 10. 60,000 - ------------------------------------------------------------------------------ AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11. 60,000 - ------------------------------------------------------------------------------ CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 12. CERTAIN SHARES [_] - ------------------------------------------------------------------------------ PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13. 0.7% - ------------------------------------------------------------------------------ TYPE OF REPORTING PERSON 14. IA, CO - ------------------------------------------------------------------------------ Item 1. Security Issuer. This amendment No. 2 to the Statement on Schedule 13D (the "Amendment") is filed on behalf of the parties to the Joint Filing Agreement (the "Filing Parties"), dated as of April 3, 2000, as previously filed with the Securities and Exchange Commission (the "SEC"). This Amendment amends Items 1 through 5 of the Statement on Schedule 13D (the "Statement") filed on April 4, 2000 with the SEC by certain of the Filing Parties, as amended by Amendment No. 1 filed with the SEC on May 4, 2000. The class of equity securities to which this Statement relates is the Common Stock, without par value (the "Common Stock") of Lesco, Inc., an Ohio corporation (the "Issuer"). The principal executive offices of the Issuer are located at 20005 Lake Road, Rocky River, OH 44116. Item 2. Identity and Background. 2 (a-c,f). I. Filing Parties: -------------- This Statement is filed on behalf of the following nine Filing Parties: 1. J O Hambro Capital Management (Holdings) Limited ("Holdings") is a corporation organized under the laws of England with its principal office and business at Ryder Court, 14 Ryder Street, London SW1Y 6QB, England. Holdings functions as the ultimate holding company for J O Hambro Capital Management Limited. 2. J O Hambro Capital Management Limited ("J O Hambro Capital Management"), formerly named J O Hambro & Partners Limited, is a corporation organized under the laws of England with its principal office and business at Ryder Court, 14 Ryder Street, London SW1Y 6QB, England. J O Hambro Capital Management is principally engaged in the business of investment management and advising. It serves as co-investment adviser to NASCIT and as investment adviser to Oryx as well as private clients. 3. Christopher Harwood Bernard Mills is a British citizen whose business address is Ryder Court, 14 Ryder Street, London SW1Y 6QB, England. His principal employment includes service as executive director of NASCIT, as a director of J O Hambro Capital Management, Oryx and Trident North Atlantic, and as co-investment adviser to NASCIT. Mr. Mills is also a member of the Board of Directors of the Issuer. 4. Growth Financial Services Limited ("GFS"), formerly named Growth Investment Management Limited, is a corporation organized under the laws of England with its principal office at 77 Middle Street, Brockham, Surrey RH3 7HL England and with its principal business at Ryder Court, 14 Ryder Street, London SW1Y 6QB, England. GFS has undertaken to provide the services of Christopher Mills to NASCIT. Page 11 of 38 Pages 5. North Atlantic Smaller Companies Investment Trust plc ("NASCIT"), formerly named Consolidated Venture Trust plc, is a corporation organized under the laws of England with its principal office and business at Ryder Court, 14 Ryder Street, London SW1Y 6QB, England. NASCIT is a publicly-held investment trust company. Christopher Harwood Bernard Mills and J O Hambro Capital Management serve as co-investment advisers to NASCIT. 6. American Opportunity Trust plc ("American Opportunity Trust"), formerly named Leveraged Opportunity Trust plc, is a corporation organized under the laws of England with its principal office and business at Ryder Court, 14 Ryder Street, London SW1Y 6QB, England. American Opportunity Trust is a publicly-held investment trust company. Christopher Harwood Bernard Mills and J O Hambro Capital Management serve as co-investment advisers to American Opportunity Trust. 7. Oryx International Growth Fund Limited ("Oryx") is a corporation organized under the laws of the Island of Guernsey with its principal office and business at Bermuda House, St. Julian's Avenue, St. Peter Port, Guernsey. Oryx is a closed-end investment company. J O Hambro Capital Management and Consulta serve as investment advisers to Oryx. 8. Consulta (Channel Islands) Limited ("Consulta") is a corporation organized under the laws of the Island of Guernsey with its principal office and business at Bermuda House, St. Julian's Avenue, St. Peter Port, Guernsey. Consulta is principally engaged in the business of investment management and advising and serving as investment manager of Oryx. 9. Trident North Atlantic Fund ("Trident North Atlantic") is an open-ended investment company incorporated in the Cayman Islands with its principal office and business at P.O. Box 309, Ugland House, George Town, Grand Cayman, Cayman Islands. Trident North Atlantic is a publicly-held regulated Mutual fund. Christopher Harwood Bernard Mills serves as a director of Trident North Atlantic and J O Hambro Capital Management serves as an investment adviser to Trident North Atlantic. Page 12 of 38 Pages II. Control Relationships: --------------------- J O Hambro Capital Management Limited is a wholly-owned subsidiary of J O Hambro Capital Management (Holdings) Limited. Christopher Mills owns 99% of the equity of GFS, and serves as a director of J O Hambro Capital Management and Trident North Atlantic and as executive director of NASCIT and American Opportunity Trust. III. Executive Officers and Directors: -------------------------------- In accordance with the provisions of General Instruction C to Schedule 13D, information concerning the executive officers and directors of the Filing Parties is included in Schedule A hereto and is incorporated by reference herein. (d) Criminal Proceedings -------------------- During the last five years, neither the Filing Parties (or a controlling entity thereof) nor any executive officer or director of any of the Filing Parties (or a controlling entity thereof) has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) Civil Securities Law Proceedings -------------------------------- During the last five years, neither the Filing Parties (or a controlling entity thereof) nor any executive officer or director of any of the Filing Parties (or a controlling entity thereof) has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration. ------------------------------------------------- The Filing Parties used their working capital funds to purchase the shares of Common Stock of the Company (the "Shares") to which this statement relates. The amount of funds used to date to acquire the Shares is approximately $22,221,985 (exclusive of brokerage fees and commissions). Item 4. Purpose of Transaction. The Filing Parties acquired their holdings of the Common Stock because they believed that the Common Stock represented a favorable investment opportunity. The Filing Parties Page 13 of 38 Pages believe that the current market valuation of the Common Stock does not fully reflect the inherent value of the Issuer's business. Furthermore, the Filing Parties have come to believe that the Board of Directors (the "Board") should consider thoroughly, potential opportunities to enhance shareholder value through, among other options, a business combination or sale of the Issuer or its assets. The Filing Parties have no present intention, plans or proposals to change the existing senior management or the Board of the Issuer or to effect, among other things, a business combination or sale of the Issuer or its assets. The Filing Parties will, from time to time, revisit the purpose of their investment in the Issuer. If, in the estimation of the Filing Parties, the divergence between the market valuation of the Common Stock and the inherent value of the Issuer's business persists, the Filing Parties may take such action as they believe is necessary to preserve and enhance shareholder value, including taking such actions as may be necessary to effectuate an extraordinary corporate transaction, such as a merger, asset sale or reorganization of the Issuer. Accordingly, future acquisitions of the Issuer's Common Stock may be for the purpose of, among other things, effecting an extraordinary corporate transaction, such as a merger, asset sale or reorganization of the Issuer. Item 5. Interest in Securities of the Issuer. (a)-(b) The aggregate number and percentage of the outstanding Common Stock of the Company beneficially owned (i) by each of the Filing Parties, and (ii) to the knowledge of the Filing Parties, by each other person who may be deemed to be a member of the Group, is as follows:
Number of Number of Number of Shares: Shares: Sole Aggregate Shares: Sole Shared or Shared Filing Number of Power to Power to Power to Approximate Party Shares: Vote Vote Dispose Percentage* - ------ --------- ------------ --------- ------------ ------------- Holdings 1,406,100 0 1,406,100 1,406,100 16.4% J O Hambro 1,406,100 0 1,406,100 1,406,100 16.4% Capital Management Christopher H.B. 1,406,100 0 1,406,100 1,406,100 16.4% Mills American 125,000 0 125,000 125,000 1.50% Opportunity Trust - ------------------------------------------------------------------------------------------
Page 14 of 38 Pages GFS 750,000 0 750,000 750,000 8.8% NASCIT 750,000 0 750,000 750,000 8.8% Oryx 100,000 0 100,000 100,000 1.2% Consulta 100,000 0 100,000 100,000 1.2% Trident North 60,000 0 60,000 60,000 0.7% Atlantic
- -------------------------------------------------------------------------------- * Based on 8,569,724 shares of Common Stock, without par value, outstanding as of November 13, 2000, which is based on information reported in the Company's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2000. (c) In the 60 days prior to the date of the filing of this Statement, the Filing Parties effected no transactions in the Common Stock other than those set forth in the following table:
No. of Price Date Filing Party Shares (US$) - ---- ------------ ------ ----- 03/31/00 JO Hambro Capital Management 25,000 $17.23 04/04/00 JO Hambro Capital Management 2,500 $16.13 05/16/00 NASCIT 8,000 $15.50 05/19/00 Trident North Atlantic 5,000 $15.50 05/24/00 Trident North Atlantic 5,000 $15.43 05/24/00 NASCIT 4,000 $15.43 05/25/00 NASCIT 5,000 $15.38 06/01/00 NASCIT 8,000 $15.50 08/14/00 JO Hambro Capital Management (1,000) $17.13
All of the above transactions were effected in the open market and were purchases except for (i) the transactions on August 14, 2000 (for 1,000 shares), which were sales. (d) The private clients of J O Hambro Capital Management have an economic interest Page 15 of 38 Pages in the dividends from, and the proceeds of sales of, Common Stock beneficially owned by J O Hambro Capital Management. The shareholders of NASCIT and American Opportunity Trust have an economic interest in the dividends from, and the proceeds of sales of, Common Stock beneficially owned by NASCIT and American Opportunity Trust, respectively. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect --------------------------------------------------------------------- to Securities of the Issuer. --------------------------- As co-investment advisers to NASCIT, Christopher Harwood Bernard Mills and J O Hambro Capital Management share the right to transfer and vote the shares of Common Stock of the Company pursuant to an agreement entered into among NASCIT, GFS and Christopher Mills and an agreement entered into between NASCIT and J O Hambro Capital Management, each dated as of January 7, 1993, respectively. As co-investment advisers to American Opportunity Trust, Christopher Harwood Bernard Mills and J O Hambro Capital Management share the right to transfer and vote the shares of Common Stock of the Company pursuant to an agreement dated as of January 7, 1993 between American Opportunity Trust and J O Hambro Capital Management. Page 16 OF 38 Pages SIGNATURES 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. Dated: January 29, 2001 JO HAMBRO CAPITAL MANAGEMENT LIMITED By: /s/ R. BARRETT -------------------------------- Name: R. Barrett Title: Director Executed on behalf of the parties hereto pursuant to the Joint Filing Agreement, as previously filed. Page 17 of 38 Pages Schedule A The following table sets forth certain information concerning each of the directors and executive officers of J O Hambro Capital Management (Holdings) Limited ("Holdings") as of the date hereof. Name: James Daryl Hambro (Chairman) Citizenship: British Business Address: J O Hambro Capital Management Limited Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Chairman, J O Hambro Capital Management Limited Name: Christopher Harwood Bernard Mills (Director) Citizenship: British Business Address: J O Hambro Capital Management Limited Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Executive Director, NASCIT Executive Director, American Opportunity Trust Director, J O Hambro Capital Management Limited Name: Nichola Pease (Director and Chief Executive) Citizenship: British Page 18 of 38 Pages Business Address: J O Hambro Capital Management Limited Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Director and Chief Executive, J O Hambro Capital Management Limited Name: Basil Postan (Director) Citizenship: British Business Address: J O Hambro Capital Management Limited Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Director, J O Hambro Capital Management Limited Name: Malcolm Robert King (Director) Citizenship: British Business Address: J O Hambro Capital Management Limited Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Director, J O Hambro Capital Management Limited Name: Graham Warner (Director) Citizenship: British Page 19 of 38 Pages Business Address: J O Hambro Capital Management Limited Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Director, J O Hambro Capital Management Limited Name: Robert George Barrett (Director) Citizenship: British Business Address: J O Hambro Capital Management Limited Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Director, J O Hambro Capital Management Limited Page 20 of 38 Pages The following table sets forth certain information concerning each of the directors and executive officers of J O Hambro Capital Management Limited ("J O Hambro Capital Management") as of the date hereof. Name: James Daryl Hambro (Managing Director) Citizenship: British Business Address: J O Hambro Capital Management Limited Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Managing Director, J O Hambro Capital Management Limited Name: Christopher Harwood Bernard Mills (Director) Citizenship: British Business Address: J O Hambro Capital Management Limited Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Executive Director, NASCIT Executive Director, American Opportunity Trust Director, J O Hambro Capital Management Name: Malcolm Robert King (Director) Citizenship: British Page 21 of 38 Pages Business Address: J O Hambro Capital Management Limited Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Director, J O Hambro Capital Management Name: Nichola Pease (Director) Citizenship: British Business Address: J O Hambro Capital Management Limited Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Director and Chief Executive, J O Hambro Capital Management Name: Basil Postan (Director) Citizenship: British Business Address: J O Hambro Capital Management Limited Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Director, J O Hambro Capital Management Name: Robert George Barrett (Director) Citizenship: British Page 22 of 38 Pages Business Address: J O Hambro Capital Management Limited Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Director, J O Hambro Capital Management Page 23 of 38 Pages The following table sets forth certain information concerning each of the directors and executive officers of North Atlantic Smaller Companies Investment Trust plc ("NASCIT") as of the date hereof. Name: Christopher Harwood Bernard Mills (Executive Director) Citizenship: British Business Address: North Atlantic Smaller Companies Investment Trust plc Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Executive Director, NASCIT Executive Director, American Opportunity Trust plc Director, J O Hambro Capital Management Name: Enrique Foster Gittes (Chairman) Citizenship: USA Residence: 4 East 82nd Street New York, New York 10028 USA Principal Occupation: Director, NASCIT Name: Brian Roger Adams Citizenship: British Residence: Hill House Church Lane Debden, NR. Saffron Walden Essex CB11 3LD Page 24 of 38 Pages Principal Occupation Director, NASCIT Name: Robert D. Power (Director) Citizenship: British Business Address: 115 East 90th Street New York, New York 10022 USA Principal Occupation: Non-executive director Name: Douglas P C Nation (Director) Citizenship: British Business Address: Bear Stearns Co. Inc./1/ 245 Park Avenue New York, NY 10167 Principal Occupation: Managing Director, Bear Stearns Co. Inc. Name: The Hon. Peregrine D E M Moncreiffe (Director) Citizenship: British Business Address: Easter Moncreiffe Bridge of Earn Perthshire Scotland PH2 8 QA Principal Occupation: Non-executive director ___________________ /1/ Bear Stearns Co. Inc. principally engages in the brokerage business. Page 25 of 38 Pages The following table sets forth certain information concerning each of the directors and executive officers of Growth Financial Services Limited ("GFS") as of the date hereof. Name: Christopher Harwood Bernard Mills/2/ (Director) Citizenship: British Business Address: Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Executive Director, NASCIT Executive Director, American Opportunity Trust Director, J O Hambro Capital Management Name: Ivan Alexander Shenkman (Director) Citizenship: British Residence: 34 Royal Crescent, London W11 England Principal Occupation: Consultant _____________ /2/ GFS is controlled by Christopher Mills who owns 99% of the share capital. Page 26 of 38 Pages The following table sets forth certain information concerning each of the directors and executive officers of American Opportunity Trust plc ("American Opportunity Trust") as of the date hereof. Name: R. Alexander Hammond-Chambers (Chairman) Citizenship: British Business Address: 29 Rutland Square Edinburgh EH1 2BW Principal Occupation: Non-executive director Name: Christopher Harwood Bernard Mills Citizenship: British Business Address: Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Executive Director, American Opportunity Trust Executive Director, NASCIT Director, J O Hambro Capital Management Name: John Gildea (Director) Citizenship: USA Business Address: Gildea Management Company/3/ 115 East Putnam Avenue 3rd Floor Greenwich, Connecticut 06830 __________________________ /3/ Gildea Management Company is principally engaged in the investment management business. Page 27 of 38 Pages Principal Occupation: President, Gildea Management Company Name: The Hon. James J. Nelson (Director) Citizenship: British Business Address: Foreign & Colonial Ventures/4/ 4th Floor Berkeley Square House Berkeley Square London W1X 5PA England Principal Occupation: Director, Foreign & Colonial Ventures Name: Iain Tulloch (Director) Citizenship: British Business Address: Murray Johnstone Ltd./5/ 7 West Nile Street Glasgow G2 2PX Scotland Principal Occupation: Director, Murray Johnstone Ltd. Name: Philip Ehrman (Director) Citizenship: British ________________________ /4/ Foreign & Colonial Ventures is principally engaged in the investment management business. /5/ Murray JOhnstone lted Ltd. is principally engaged in the investment business. Pge 28 of 38 Business Address: Gartmore Investment Management Ltd./6/ Gartmore House 16-18 Monument Street London EC3R 8AJ England Principal Occupation: Investment Manager, Gartmore Investment Management Ltd. ____________________ /6/ Gartmore Investment Management Limited is principally engaged in the invesment management business. page 29 of 38 Pages The following table sets forth certain information concerning each of the directors and executive officers of Oryx International Growth Fund Limited ("Oryx") as of the date hereof. Name: Nigel Kenneth Cayzer (Chairman) Citizenship: British Business Address: Kinpurnie Estate Smiddy Road Newtyle Perthshire PH12 8TB Principal Occupation: Non-executive director Name: His Excellency Salim Hassan Macki (Director) Citizenship: Omani Business Address: P.O. Box 4160 Postal Code 112 Ruwi Sultanate of Oman Principal Occupation: Non-executive director Name: Patrick John McAfee (Director) Citizenship: British Page 30 of 38 Pages Business Address: Deutche, Morgan Grenfell/7/ 4 Eagle Valley Power Court Ennis Kerry County Wicklow Ireland Principal Occupation: Company Director Name: Christopher Harwood Bernard Mills (Director) Citizenship: British Business Address: Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Executive Director, NASCIT Executive Director, American Opportunity Trust Director, J O Hambro & Partners Director, Oryx Name: Harald Lungershausen (Director) Citizenship: German Business Address: Seestrasse 240 P.O. Box 0802 Kilchberg Zurich Switzerland Principal Occupation: Company Director ___________________ /7/ Deutche, Morgan Grenfell is a merchant bank. Page 31 of 38 Pages Name: Mohamed Hassan Ghurlam Habib (Director) Citizenship: Omani Business Address: Oman National Insurance Company/8/ PO Box 2254 Postal Code 112 Ruwi Sultanate of Oman Principal Occupation: Chief Executive, Oman National Insurance Company, SAOG Name: Rupert Arthur Rees Evans (Director) Citizenship: British Business Address: Ozannes/9/ PO Box 186 1 Le Marchant Street St. Peter Port Guernsey Channel Islands Principal Occupation: Guernsey Advocate Partner, Ozanne van Leuven Perrot & Evans Name: Hussan Al Nowais Citizenship: United Arab Emirates Business Address: Emirate Holdings P.O. Box 984 Abu Dhabi United Arab Emirates Principal Occupation: Chairman and Managing Director, Emirate Holdings __________________________ /8/ Oman Nation Insurance Company is principally engaged in the insurance business. /9/ Ozannes is a law firm Page 32 of 38 Pages Principal Occupation: Chairman and Managing Director, Emirate Holdings Page 33 of 38 Pages The following table sets forth certain information concerning each of the director and executive officers of Consulta (Channel Islands) Limited ("Consulta") as of the date hereof. Name: Gary Michael Brass (Director) Citizenship: British Business Address: 20 St. James's Street London SW1A 1ES England Principal Occupation: Managing Director, Consulta Name: Jeremy Caplan (Director) Citizenship: British Business Address: 1 Britannia Place Bath Street St. Helier Jersey Principal Occupation: English Solicitor Name: Barry Carroll (Director) Citizenship: British Business Address: Management International (Guernsey) Limited/10/ Bermuda House St. Julian's Avenue St. Peter Port Guernsey ________________________ /10/ Management International (Guernsey) Limited is principally engaged in the investment management business. Page 34 of 38 Pages Principal Occupation: Managing Director Management International (Guernsey) Limited Name: Rupert Arthur Rees Evans (Director) Citizenship: British Business Address: P.O. Box 186 1 Le Marchant Street St. Peter Port Guernsey Principal Occupation: Guernsey Advocate Partner, Ozanne van Leuven Perrot & Evans Page 35 of 38 Pages The following table sets forth certain information concerning each of the directors and executive officers of Consulta Limited, the parent of Consulta (Channel Islands) Limited. Name: Harald Alejandro Lamotte (Director) Citizenship: British Business Address: 20 St. James's Street London SW1A 1ES England Principal Occupation: Investment Fund Manager, Consulta Limited Name: Gary Michael Brass (Director) Citizenship: British Business Address: 20 St. James's Street London SW1A 1ES England Principal Occupation: Investment Fund Manager, Consulta Limited Name: Paul David Ashburner Nix (Director) Citizenship: British Business Address: 20 St. James's Street London SW1A 1ES Principal Occupation: Investment Fund Manager Consulta Limited Page 36 of 38 Pages The following table sets forth certain information concerning each of the directors and executive officers of The Trident North Atlantic Fund ("Trident North Atlantic") as of the date hereof. Name: Niamh Meenan (Director) Citizenship: Irish Business Address: RSM Robson Rhodes Fitzwilton House Wilton Place Dublin 2 Principal Occupation: Senior Manager, RSM Robson Rhodes Name: Christopher Harwood Bernard Mills (Director) Citizenship: British Business Address: J O Hambro Capital Management Limited Ryder Court 14 Ryder Street London SW1Y 6QB England Principal Occupation: Executive Director, NASCIT Executive Director, American Opportunity Trust Director, J O Hambro Capital Management Limited Name: David Sargison (Director) Citizenship: British Business Address: Caledonian Bank & Trust Limited Caledonian House George Town, Grand Cayman Cayman Islands Page 37 of 38 Pages Principal Occupation: Managing Director, Caledonian Bank & Trust Limited Page 38 of 38 Pages -----END PRIVACY-ENHANCED MESSAGE-----