-----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, K0P2CRptw3SA4l2yD2TLOQUB18ipr4P+fKiZO9V+KeVEo0XB3TjwAuu6x5F0kXqN B8R8GRvVtSSmT0XNuPIq0w== 0001073307-01-500039.txt : 20010816 0001073307-01-500039.hdr.sgml : 20010816 ACCESSION NUMBER: 0001073307-01-500039 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010815 GROUP MEMBERS: NEW GERMANY FUND, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NEW GERMANY FUND INC CENTRAL INDEX KEY: 0000858706 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 133555471 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49307 FILM NUMBER: 1714788 BUSINESS ADDRESS: STREET 1: 280 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2124741694 MAIL ADDRESS: STREET 1: 280 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: LENOX FUND INC DATE OF NAME CHANGE: 19900115 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VALUE CATALYST FUND LTD CENTRAL INDEX KEY: 0001126078 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: PO BOX 309 UGLAND HOUSE SOUTH CHURCH ST CITY: GEORGETOWN CAYMAN IS MAIL ADDRESS: STREET 1: PO BOX 309 UGLAND HOUSE SOUTH CHURCH ST CITY: GEORGETOWN CAYMAN IS SC 13D/A 1 sch13d010801.txt SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d -1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (AMENDMENT NO. 1)* The New Germany Fund, Inc. (NAME OF ISSUER) Common Stock (TITLE OF CLASS OF SECURITIES) 644465106 (CUSIP Number) Andrew Pegge Copy to: Laxey Partners Limited Gary T. Moomjian, Esq. Stanley House Kaufman & Moomjian, LLC 7-9 Market Hill 50 Charles Lindbergh Boulevard Douglas Mitchel Field, New York 11553 Isle of Man IM1 2BF (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS) August 1, 2001 (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1 (f) or 13d-1(g), check the following box [ ]. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 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 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). Page 1 of 5 Pages CUSIP No. 644465106 13D Page 2 of 5 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) The Value Catalyst Fund Limited No I.R.S. Identification No. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER 0 SHARES -------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER 0 OWNED BY -------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER 0 REPORTING -------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON * IV** - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ** Not registered under the Investment Company Act of 1940. CUSIP No. 644465106 13D Page 3 of 5 Pages - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Laxey Investors Limited No I.R.S. Identification No. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* Not applicable - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER 0 SHARES -------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER 0 OWNED BY -------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER 0 REPORTING -------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON * IV** - -------------------------------------------------------------------------------- * SEE INSTRUCTIONS BEFORE FILLING OUT! ** Not registered under the Investment Company Act of 1940. ITEM 1. SECURITY AND ISSUER. Page 4of 5 Pages -------------------- This Amendment No. 1 to Schedule 13D relates to the common stock ("Common Stock") of The New Germany Fund, Inc., a Maryland corporation (the "Company"). The address of the principal executive offices of the Company is 31 West 52nd Street, New York, New York 10019. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. ------------------------------------- (a) and (b) The Value Catalyst Fund Limited ("Catalyst") and Laxey Investors Limited ("LIL") no longer beneficially own any shares of Common Stock. To the best knowledge of Catalyst and LIL, neither Laxey Partners Limited, the investment manager of Catalyst and LIL ("Laxey"), nor any of the directors of Catalyst or LIL or any of the executive officers or directors of Laxey beneficially own any shares of Common Stock. (c) Within the past 60 days, Catalyst sold shares of Common Stock on the New York Stock Exchange as follows:
No. of Shares Price per Date (all year 2001) Sold* Share -------------------- ------------- ---------- August 1 425,000 $6.49 August 2 42,500 $6.57 August 3 382,500 $6.42 August 6 9,500 $6.59
Within the past 60 days, LIL sold shares of Common Stock on the New York Stock Exchange as follows:
No. of Shares Price per Date (all year 2001) Sold * Share -------------------- ------------- --------- August 1 425,000 $6.49 August 2 42,500 $6.57 August 3 382,500 $6.42 August 6 9,500 $6.59
(e) On August 1, 2001, Catalyst and LIL ceased to be the beneficial owners of more than five percent of the Common Stock. Page 5 of 5 Pages SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: August 13, 2001 The Value Catalyst Fund Limited By /s/ Elizabeth Tansell ------------------------------ Name: Elizabeth Tansell Title: Director Dated: August 13, 2001 Laxey Investors Limited By /s/ Andrew Pegge ------------------------------ Name: Andrew Pegge Title: Director -----END PRIVACY-ENHANCED MESSAGE-----