-----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, PbPHsDhvdRtQOEF5U3htk/60iDUpYPvhB2xU31e1uFL8rcObTw8pMIZmsbazo/m2 2y5FC1WFM3akYyezA98cLg== 0000910680-97-000098.txt : 19970226 0000910680-97-000098.hdr.sgml : 19970226 ACCESSION NUMBER: 0000910680-97-000098 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970225 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST SOUTH AFRICA CORP LTD CENTRAL INDEX KEY: 0001003390 STANDARD INDUSTRIAL CLASSIFICATION: GENERAL INDUSTRIAL MACHINERY & EQUIPMENT [3560] IRS NUMBER: 000000000 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-50469 FILM NUMBER: 97543147 BUSINESS ADDRESS: STREET 1: 2665 S BAYSHORE DR 405 STREET 2: CHURCH ST CITY: COCONUT GROVE STATE: FL ZIP: 33133 BUSINESS PHONE: 3058575009 MAIL ADDRESS: STREET 1: 2665 S BAYSHORE DR 405 CITY: COCONUT GROVE STATE: FL ZIP: 33133 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LEVY MICHAEL CENTRAL INDEX KEY: 0001033828 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 2180 CHURCHILL LANE CITY: HIGHALAND PARK STATE: IL ZIP: 60035 SC 13G 1 MICHAEL LEVY THIS DOCUMENT IS A COPY OF THE SCHEDULE 13G FILED ON FEBRUARY 14, 1997, PURSUANT TO A RULE 201 TEMPORARY HARDSHIP EXEMPTION. ========================== OMB APPROVAL -------------------------- OMB Number: 3235-0145 Expires: December 31, 1997 Estimated average burden hours per response...14.90 ========================== UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.D. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )* FIRST SOUTH AFRICA CORP., LTD. --------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share --------------------------------------------------------- (Title of Class of Securities) G34874100 ------------------------------ (CUSIP Number) Check the following box if a fee is being paid with this statement [_]. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7). *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 in 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). SEC 1745 (2-95) Page 1 of 3 pages 13G - ------------------ ----------------- CUSIP NO.G34874100 PAGE 2 OF 3 PAGES - ------------------ ----------------- ================================================================================ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Michael Levy - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION South African - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 1,305,116 -------------------------------------------------- 6 SHARED VOTING POWER NUMBER OF SHARES 0 BENEFICIALLY OWNED BY -------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 1,305,116 WITH -------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,305,116 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] n/a - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 31.4% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! SEC 1745 (2-95) Page 2 of 3 pages 13G - ------------------ ----------------- CUSIP NO.G34874100 PAGE 3 OF 3 PAGES - ------------------ ----------------- ITEM 4. OWNERSHIP. As of December 31, 1996: (a) Amount beneficially owned: 1,305,116 shares. Includes (i) 570,137 shares of Class B Common Stock owned by the FSA Stock Trust, (ii) 383,523 shares of Class B Common Stock issued to American Stock Transfer & Trust Company (the "FSAH Escrow Agent") pursuant to the terms of an escrow agreement entered into in January 1996 by and among certain holders of Class B Shares issued by First South African Holdings (Pty) Ltd. ("FSAH"), the FSAH Escrow Agent and the Issuer, of which the FSA Stock Trust may be deemed the owner and for which Mr. Levy has been granted a voting proxy, (iii) 36,452 shares of Class B Common Stock issued to the FSAH Escrow Agent pursuant to the terms of the FSAH Escrow Agreement, which shares correspond to a like number of shares of FSAH Class B Stock which was purchased by Mr. Levy upon the closing of the acquisition of Europair Africa (Pty) Ltd., (iv) 310,004 additional shares of Class B Common Stock issued to the FSAH Escrow Agent, for which Mr. Levy has been granted a voting proxy, and (v) 5,000 shares of Common Stock, par value $.01 per share, issuable upon exercise of options that are immediately exercisable at an exercise price of $5.00 per share. Mr. Levy's wife is the trustee, and his wife and their children are the beneficiaries, of the FSA Stock Trust. Mr. Levy disclaims ownership of all shares held by the FSA Stock Trust, as well as the additional shares held by the FSAH Escrow Agent for which he has been given a voting proxy. Each share of Class B Common Stock has five votes per share; each share of Common Stock has one vote per share. (b) Percent of Class: 31.4% (c) Number of shares as to which such person has: (i) sole power to vote or direct the vote: 1,305,116 (ii) shared power to vote or direct the vote: 0 (iii) sole power to dispose or direct the disposition of: 1,305,116 (iv) shared power to dispose or direct the disposition of: 0 SIGNATURE 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. FEBRUARY 13, 1997 ---------------------------- /S/ MICHAEL LEVY ---------------------------- Michael Levy CHAIRMAN OF THE BOARD OF DIRECTORS SEC 1745 (2-95) Page 3 of 3 pages -----END PRIVACY-ENHANCED MESSAGE-----