UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13D-1(a) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13D-2(a)
(AMENDMENT NO. 3)*
MERCURY AIR GROUP, INC.
---------------------------------------------
(Name of issuer)
Common Stock, par value $0.01 per share
---------------------------------------------
(Title of class of securities)
589354109
---------------------------------------------
(CUSIP number)
COPY TO:
Matthew J. Day, Esq.
118 E. 25th Street, Eighth Floor
New York, New York 10010
(212) 673-0484
--------------------------------------------------------------------------------
Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
April 9, 2003
---------------------------------------------
(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 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.
(Continued on following pages)
(Page 1 of 24 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 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).
--------------------------------- ------------------------------
CUSIP No. 589354109 Page 2 of 24 Pages
--------------------------------- ------------------------------
SCHEDULE 13D
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
J O Hambro Capital Management Group Limited
No I.R.S. Identification Number
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
ENGLAND
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES
BENEFICIALLY --------------------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING 687,200
PERSON WITH
--------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
687,200
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
687,200
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES [ ]
CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
HC
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------- ------------------------------
CUSIP No. 589354109 Page 3 of 24 Pages
--------------------------------- ------------------------------
SCHEDULE 13D
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
J O Hambro Capital Management Limited
No I.R.S. Identification Number
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
ENGLAND
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES
BENEFICIALLY --------------------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING 687,200
PERSON WITH
--------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
687,200
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
687,200
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES [ ]
CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IA
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------- ------------------------------
CUSIP No. 589354109 Page 4 of 24 Pages
--------------------------------- ------------------------------
SCHEDULE 13D
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Christopher Harwood Bernard Mills
No I.R.S. Identification Number
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
ENGLAND
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES
BENEFICIALLY --------------------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING 687,200
PERSON WITH
--------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
687,200
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
687,200
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES [ ]
CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------- ------------------------------
CUSIP No. 589354109 Page 5 of 24 Pages
--------------------------------- ------------------------------
SCHEDULE 13D
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
American Opportunity Trust plc
No I.R.S. Identification Number
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
ENGLAND
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES
BENEFICIALLY --------------------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING 315,000
PERSON WITH
--------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
315,000
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
315,000
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES [ ]
CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IV
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------- ------------------------------
CUSIP No. 589354109 Page 6 of 24 Pages
--------------------------------- ------------------------------
SCHEDULE 13D
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
The Trident North Atlantic Fund
No I.R.S. Identification Number
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
CAYMAN ISLANDS
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES
BENEFICIALLY --------------------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING 223,320
PERSON WITH
--------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
223,320
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
223,320
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES [X]
CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IV, CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------------------------------- ------------------------------
CUSIP No. 589354109 Page 7 of 24 Pages
--------------------------------- ------------------------------
SCHEDULE 13D
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Acquisitor Holdings (Bermuda) Ltd.
No I.R.S. Identification Number
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
BERMUDA
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES
BENEFICIALLY --------------------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING 0
PERSON WITH
--------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
--------------------------------------------------------------
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)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
AMENDMENT NO. 3 TO
STATEMENT ON SCHEDULE 13D
-------------------------
This Amendment No. 3 to Statement on Schedule 13D (the "Amendment") is
filed on behalf of the Filing Parties (defined below). This Amendment amends
the Amendment No. 2 to Statement on Schedule 13D filed by the Filing Parties
with the Securities and Exchange Commission (the "SEC") on December 17, 2002.
ITEM 1. SECURITY AND ISSUER.
The class of equity securities to which this Amendment relates is the
common stock, par value $0.01 per share (the "Common Stock") of Mercury Air
Group, Inc., a Delaware corporation (the "Company"). The principal executive
offices of the Company are located at 5456 McConnell Avenue, Los Angeles, CA
90066.
ITEM 2. IDENTITY AND BACKGROUND.
2 (a-c,f).
I. FILING PARTIES:
--------------
This Amendment is filed on behalf of the following six persons, who are
collectively referred to as the "Filing Parties":
1. Acquisitor Holdings (Bermuda) Ltd., a company incorporated in Bermuda
("Acquisitor"), with a business address of Clarendon House, 2 Church
Street, Hamilton HM 11, Bermuda. Acquisitor was formed in 2002 and
endeavors to achieve a high rate of capital growth for its shareholders by
acquiring significant holdings in companies which the members of its Board
of Directors consider to be fundamentally sound but which are valued at a
discount to the Directors' estimate of their private market value.
Acquisitor is managed by its Board of Directors.
2. J O Hambro Capital Management Group Limited ("J O Hambro Group") 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 Group functions as the ultimate holding company for J O Hambro
Capital Management Limited.
3. J O Hambro Capital Management Limited ("J O Hambro Capital Management") 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 North Atlantic Smaller Companies Investment Trust plc
("NASCIT") and American Opportunity Trust plc ("American Opportunity
Trust") and as investment adviser to Oryx International Growth Fund
Limited ("Oryx"), The Trident North Atlantic Fund ("Trident North
Atlantic") and The Trident European Fund ("Trident European"), as well as
to private clients.
Page 8 of 24
4. 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 and
American Opportunity Trust, as a director of J O Hambro Group, J O Hambro
Capital Management, Trident North Atlantic, Oryx, Acquisitor plc and
Acquisitor, and as co-investment adviser to NASCIT and American
Opportunity Trust.
5. American Opportunity Trust 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.
6. 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.
II. CONTROL RELATIONSHIPS:
----------------------
J O Hambro Capital Management is a wholly-owned subsidiary of J O Hambro
Group.
Christopher Harwood Bernard Mills serves as a director of J O Hambro
Group, J O Hambro Capital Management, Trident North Atlantic and Acquisitor, and
as executive director of 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 aggregate purchase price of the 0 shares of Common Stock beneficially
held by Acquisitor is $0. All of the shares of Common Stock beneficially owned
by Acquisitor were paid for using its working capital funds.
The aggregate purchase price of the 315,000 shares of Common Stock
beneficially held by American Opportunity Trust is $1,036,157 (exclusive of
brokerage fees and commissions). All of the shares of Common Stock beneficially
held by American Opportunity Trust were paid for using its working capital
funds.
Page 9 of 24
The aggregate purchase price of the 223,320 shares of Common Stock
beneficially held by Trident North Atlantic Fund is $710,457 (exclusive of
brokerage fees and commissions). All of the shares of Common Stock beneficially
held by Trident North Atlantic Fund were paid for using its working capital
funds.
The aggregate purchase price of the 148,880 shares of Common Stock
beneficially held by private clients of J.O. Hambro Capital Management is
$473,638 (exclusive of brokerage fees and commissions). All of the shares of
Common Stock beneficially held by such private clients were paid for using their
working capital funds.
ITEM 4. PURPOSE OF TRANSACTION.
The Filing Parties believe that the shares of Common Stock of the Issuer
are undervalued and represent an attractive investment opportunity. They
presently have no plans or proposals which would relate to or result in any of
the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D
except as set forth herein. The Filing Parties intend to have open
communications with the Issuer's management in order to monitor their efforts to
increase stockholder value. Depending on various factors including, without
limitation, the Issuer's financial position and investment strategy, the price
levels of the shares of Common Stock, conditions in the securities markets and
general economic and industry conditions, the Filing Parties may in the future
take such actions with respect to their investment in the Issuer as they deem
appropriate, including without limitation purchasing additional shares of Common
Stock in the open market or otherwise, seeking to elect a slate of directors to
the Issuer's board of directors or presenting proposals for stockholders'
consideration at an annual or special meeting of the Issuer's stockholders. The
Filing Parties may also sell some or all of their shares of Common Stock in the
open market or through privately negotiated transactions, or change their
intention with respect to any and all matters referred to in this Item 4.
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
Shares: Sole Shares: Shared
Aggregate Number Power to Vote or Power to Vote or
of Shares Dispose Dispose Approximate
Filing Party Percentage*
--------------------------- ---------------- ---------------- ---------------- ------------
Acquisitor 0 0 0 0.0%
J O Hambro Group 687,200 0 687,200 10.45%
J O Hambro Capital
Management 687,200 0 687,200 10.45%
Christopher H. B. Mills 687,200 0 687,200 10.45%
American Opportunity Trust 315,000 0 315,000 4.79%
Trident North Atlantic Fund 223,320 0 223,320 3.40%
--------------------------- ---------------- ---------------- ---------------- ------------
* Based on 6,577,334 shares of Common Stock, par value $0.01 per share, outstanding as of
February 6, 2003, which is based on information reported in the Company's 10-Q, for the period
ended December 31, 2002.
Page 10 of 24
(c) During the past 60 days, the Filing Parties effected no transactions in the
Common Stock other than those set forth in the following table:
Number of
Date Filing Party Buy or Sell Shares Price
--------- ---------------------------------- ----------- --------- ------
3/5/2003 J O Hambro private clients Buy 6,000 $ 3.25
3/5/2003 Trident North Atlantic Fund Buy 9,000 $ 3.25
3/7/2003 J O Hambro private clients Buy 2,000 $ 3.25
3/7/2003 Trident North Atlantic Fund Buy 3,000 $ 3.25
3/13/2003 J O Hambro private clients Buy 1,800 $ 3.25
3/13/2003 Trident North Atlantic Fund Buy 2,700 $ 3.25
3/20/2003 J O Hambro private clients Buy 400 $ 3.25
3/20/2003 Trident North Atlantic Fund Buy 600 $ 3.25
3/27/2003 J O Hambro private clients Buy 1,000 $ 3.25
3/27/2003 Trident North Atlantic Fund Buy 1,500 $ 3.25
3/28/2003 J O Hambro private clients Buy 1,500 $ 3.25
3/28/2003 Trident North Atlantic Fund Buy 2,200 $ 3.25
4/9/2003 J O Hambro private clients Buy 64,460 $ 3.25
4/9/2003 Trident North Atlantic Fund Buy 95,240 $ 3.25
4/9/2003 Acquisitor Holdings (Bermuda) Ltd. Sell 157,400 $ 3.25
All of the above transactions were effected on the open market.
(d) No person other than the Filing Parties is known to have the right to
receive, or the power to direct the receipt of dividends from, or the proceeds
from the sale of, such shares of Common Stock.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
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 the 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.
On April 9, 2003, the Filing Parties entered into the Second Amended and
Restated Joint Filing Agreement dated as of April 9, 2003, removing Acquisitor,
as a filing party for subsequent Schedule 13D amendments.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Item 7 is hereby amended to add the following:
The following document is filed herewith:
(d) Second Amended and Restated Joint Filing Agreement dated as of
April 9, 2003 by and Among Acquisitor Holdings (Bermuda) Ltd., J O Hambro
Capital Management Group Limited, J O Hambro Capital Management Limited,
American Opportunity Trust Plc, Christopher H. B. Mills, and The Trident North
Atlantic Fund.
Page 11 of 24
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief, we
certify that the information set forth in this statement is true, complete and
correct.
Dated: April 9, 2003
ACQUISITOR HOLDINGS (BERMUDA) LTD. J O HAMBRO CAPITAL MANAGEMENT GROUP
LIMITED
By: /s/ Duncan Soukup By: /s/ R. G. Barrett
--------------------------- ---------------------------
Name: Duncan Soukup Name: R. G. Barrett
Title: Deputy Chairman Title: Director
J O HAMBRO CAPITAL MANAGEMENT AMERICAN OPPORTUNITY TRUST PLC
LIMITED
By: J O Hambro Capital Management
Limited,
By: /s/ R. G. Barrett Its investment advisor
---------------------------
Name: R. G. Barrett
Title: Director By: /s/ R. G. Barrett
---------------------------
Name: R. G. Barrett
Title: Director
/s/ Christopher Mills THE TRIDENT NORTH ATLANTIC FUND
-----------------------------
CHRISTOPHER MILLS
By: /s/ Christopher Mills
---------------------------
Name: Christopher Mills
Title: Director
Page 12 of 24
SCHEDULE A
Information Concerning Directors and Executive Officers of the Filing Parties
The following table sets forth certain information concerning each of the
directors and executive officers of Acquisitor Holdings (Bermuda) Ltd.
("Acquisitor") as of the date hereof.
Name: Duncan Soukup
(Deputy Chairman)
Citizenship: British
Business Address: 118 E. 25th Street, 8th Floor
New York, New York 10010
USA
Principal Occupation: Deputy Chairman, Acquisitor
Managing Director, Acquisitor plc
President and Chief Executive Officer, Lionheart Group, Inc.
Managing Director, New York Holdings Ltd.
Name: Luke Oliver Johnson
(Director)
Citizenship: British
Business Address: Clarendon House
2 Church Street
Hamilton HM 11
Bermuda
Principal Occupation: Director, Acquisitor
Director, Acquisitor plc
Chairman, Signature Restaurants plc
Name: John Stanislas Albert Radziwill
(Chairman)
Citizenship: British
Business Address: Clarendon House
2 Church Street
Hamilton HM 11
Bermuda
Principal Occupation: Chairman, Acquisitor
Chairman, Acquisitor plc
Chairman and Chief Executive Officer, New York Holdings
Ltd.
Director, Goldcrown Group Limited
Director, International Assets Holding Corporation
Name: James Ozanne
(Non-Executive Director)
Citizenship: USA
Business Address: Clarendon House
2 Church Street
Hamilton HM 11
Bermuda
Principal Occupation: Non-Executive Director, Acquisitor
Principal, Greenrange Partners
Director, Financial Security Assurance
Page 13 of 24
Name: Christopher Harwood Bernard Mills
(Non-Executive Director)
Citizenship: British
Business Address: J O Hambro Capital Management Limited
Ryder Court
14 Ryder Street
London SW1Y 6QB
England
Principal Occupation: Non-Executive Director, Acquisitor
Non-Executive Director, Acquisitor plc
Executive Director, NASCIT
Executive Director, American Opportunity Trust
Director, J O Hambro Capital Management
Name: Peter Melhado
(Non-Executive Director)
Citizenship: USA
Business Address: Clarendon House
2 Church Street
Hamilton HM 11
Bermuda
Principal Occupation: Non-Executive Director, Acquisitor
General Partner, Polaris Partners, L.P.
Name: Timothy James Carey Lovell
(Non-Executive Director and Assistant Secretary)
Citizenship: British
Business Address: 9 Walton Street
1st Floor
London
England SW3 2JD
Principal Occupation: Finance Director, Acquisitor plc
Page 14 of 24
The following table sets forth certain information concerning each of the
directors and executive officers of J O Hambro Capital Management Group Limited
("J O Hambro Group") 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
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: Non-Executive Director, Acquisitor
Non-Executive Director, Acquisitor plc
Executive Director, NASCIT
Executive Director, American Opportunity Trust
Director, J O Hambro Capital Management
Name: Nichola Pease
(Director and Chief Executive)
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
Page 15 of 24
Name: Graham Warner
(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
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: Nicholas James Measham
(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: Willem Vinke
(Director)
Citizenship: Dutch
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 16 of 24
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
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: Non-Executive Director, Acquisitor
Non-Executive Director, Acquisitor plc
Executive Director, NASCIT
Executive Director, American Opportunity Trust
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
Page 17 of 24
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
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: Nicholas James Measham
(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: Willem Vinke
(Director)
Citizenship: Dutch
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 18 of 24
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
Scotland
Principal Occupation: Non-Executive Director, American Opportunity Trust
Name: Christopher Harwood Bernard Mills
(Executive Director)
Citizenship: British
Business Address: Ryder Court
14 Ryder Street
London SW1Y 6QB
England
Principal Occupation: Non-Executive Director, Acquisitor
Non-Executive Director, Acquisitor plc
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 (1)
537 Steamboat Road
Greenwich, Connecticut 06830
Principal Occupation: Managing Director, Gildea Management Company
Name: The Hon. James J. Nelson
(Director)
Citizenship: British
Business Address: Foreign & Colonial Ventures (2)
4th Floor
Berkeley Square House
Berkeley Square
London W1X 5PA
England
Principal Occupation: Director, Foreign & Colonial Ventures
---------------
1. Gildea Management Company is principally engaged in the investment
management business.
2. Foreign & Colonial Ventures is principally engaged in the investment
management business.
Page 19 of 24
Name: Iain Tulloch
(Director)
Citizenship: British
Business Address: Murray Johnstone Ltd. (3)
7 West Nile Street
Glasgow G2 2PX
Scotland
Principal Occupation: Director, Murray Johnstone Ltd.
Name: Philip Ehrman
(Director)
Citizenship: British
Business Address: Gartmore Investment Management Ltd. (4)
Gartmore House
16-18 Monument Street
London EC3R 8AJ
England
Principal Occupation: Investment Manager, Gartmore Investment Management
Ltd.
---------------
3. Murray Johnstone Ltd. is principally engaged in the investment
management business.
4. Gartmore Investment Management Limited is principally engaged in the
investment management business.
Page 20 of 24
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: 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: Raymond O'Neill
(Director)
Citizenship: Irish
Business Address: RSM Robson Rhodes
Fitzwilton House
Wilton Place
Dublin 2
Ireland
Principal Occupation: Partner, RSM Robson Rhodes
Name: David Sargison
(Director)
Citizenship: British
Business Address: Caledonian Bank and Trust
George Town
Grand Cayman
Cayman Islands
Principal Occupation: Trust Officer
Name: John Gildea
(Director)
Citizenship: USA
Business Address: Gildea Management Company(5)
537 Steamboat Road
Greenwich, Connecticut 06830
Principal Occupation: Managing Director, Gildea Management Company
---------------
5. Gildea Management Company is principally engaged in the investment
management business.
Page 21 of 24
Exhibit Index
The following documents are filed herewith or incorporated herein by reference:
Exhibit Page
(a) Administration, Management and Custody Management Incorporated by reference to Exhibit
Agreement dated as of January 7, 1993 between J O Hambro (a) of the Schedule 13D Amendment
Capital Management and American Opportunity Trust. No. 1 filed on February 20, 2001 by
Acquisitor plc and the other parties
thereto with respect to Colorado
MEDtech Inc.
(b) Joint Filing Agreement dated as of December 2, 2002 Previously filed.
among Acquisitor Holdings (Bermuda) Ltd., J O Hambro Capital
Management Group Limited, J O Hambro Capital Management
Limited, American Opportunity Trust, Christopher H. B. Mills.
(c) Amended and Restated Joint Filing Agreement dated as of Previously filed.
December 17, 2002 by and among Acquisitor Holdings (Bermuda)
Ltd., J O Hambro Capital Management Group Limited, J O Hambro
Capital Management Limited, American Opportunity Trust Plc,
Christopher H. B. Mills, and The Trident North Atlantic Fund.
(d) Second Amended and Restated Joint Filing Agreement 23
dated as of April 9, 2003 by and among Acquisitor Holdings
(Bermuda) Ltd., J O Hambro Capital Management Group Limited, J
O Hambro Capital Management Limited, American Opportunity
Trust Plc, Christopher H. B. Mills, and The Trident North Atlantic
Fund.
Page 22 of 24