0001193805-05-000075.txt : 20120629
0001193805-05-000075.hdr.sgml : 20120629
20050125163725
ACCESSION NUMBER: 0001193805-05-000075
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050125
DATE AS OF CHANGE: 20050125
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Royal Financial, Inc.
CENTRAL INDEX KEY: 0001303531
STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-80300
FILM NUMBER: 05547509
BUSINESS ADDRESS:
STREET 1: 9226 S. COMMERCIAL AVENUE
CITY: CHICAGO
STATE: IL
ZIP: 60617
BUSINESS PHONE: 773-768-4800
MAIL ADDRESS:
STREET 1: 9226 S. COMMERCIAL AVENUE
CITY: CHICAGO
STATE: IL
ZIP: 60617
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: TIMYAN PHILIP J
CENTRAL INDEX KEY: 0001132425
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 3045 CENTRAL AVENUE
CITY: WESTER SPRINGS
STATE: IL
ZIP: 30538
BUSINESS PHONE: 7083467022
MAIL ADDRESS:
STREET 1: 3045 CENTRAL AVENUE
CITY: WESTERN SPRINGS
STATE: IL
ZIP: 30538
SC 13G
1
e500046_sc13g-royalfinancial.txt
SCHEDULE 13G
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
---------------------
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13D-1(B) (C),
AND (D) AND AMENDMENTS THERETO FILED
PURSUANT TO 13D-2(b)
Royal Financial, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
--------------------------------------------------------------------------------
(Title of Class of Securities)
78027P1093
--------------------------------------------------------------------------------
(CUSIP Number)
January 21, 2005
--------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
|_| Rule 13d-1 (b)
|X| Rule 13d-1 (c)
|_| Rule 13d-1 (d)
CUSIP No. 78027P1093 13G
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Philip J. Timyan
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
203,400 shares
-----------------------------------------------------------------
NUMBER OF 6. SHARED VOTING POWER
SHARES
BENEFICIALLY 15,000
OWNED BY -----------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING
PERSON 203,400 shares
WITH -----------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
56,000
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
259,400 shares
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.81%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 5
Item 1(a). Name of Issuer:
Royal Financial, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
9226 South Commercial Avenue
Chicago, Illinois 60017
Item 2(a). Name of Person Filing:
This Schedule 13G is being filed with respect to shares of Common Stock of
the Issuer which are beneficially owned by Philip J. Timyan. See Item 4
below.
Item 2(b). Address of Principal Business Office, or, if None, Residence:
c/o Riggs Partners
4324 Central Avenue
Western Springs, Illinois 60558
Item 2(c). Citizenship:
Mr. Timyan is a United States Citizen.
Item 2(d). Title of Class of Securities:
Common Stock, no par value
Item 2(e). CUSIP NUMBER:
78027P1093
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person Filing is a:
(a) |_| Broker or dealer registered under Section 15 of the Act.
(b) |_| Bank as defined in Section 3(a)(6) of the Act.
(c) |_| Insurance Company as defined in Section 3(a)(19) of the Act.
(d) |_| Investment Company registered under Section 8 of the Investment
Company Act.
(e) |_| Investment Adviser in accordance with Sec. 240.13d-1(b)(1)(ii)(E).
(f) |_| Employee Benefit Plan or Endowment Fund in accordance with Sec.
240.13d-1(b)(1)(ii)(F).
(g) |_| Parent holding company, in accordance with Sec. 240.13d-1(b)(ii)(G).
(h) |_| A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act.
(i) |_| A church plan that is excluded from the definition of an investment
company under Section 3(c)(14) of the Investment Company Act of
1940.
(j) |_| Group, in accordance with Sec. 240.13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Sec. 240.13d01(c), check this box
|X|
Page 3 of 5
Item 4. Ownership.
(a) Amount beneficially owned:
259,400 (comprised of 203,400 shares held by Riggs Qualified
Partners, LLC, a Delaware limited liability company of which Mr.
Timyan is managing member, 41,000 shares held by RAM T, L.P., an
entity not controlled by Mr. Timyan over which shares Mr. Timyan
possesses shared dispositive power and 15,000 shares held in a joint
account with Mr. Timyan's wife.
(b) Percent of class:
9.81%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 203,400
(ii) Shared power to vote or to direct the vote 15,000
(iii) Sole power to dispose or to direct the disposition of
203,400
(iv) Shared power to dispose or to direct the disposition of
56,000
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the Beneficial owner of more than
five percent of the class of securities, check the following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Other persons are known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, the
shares reported herein. In this regard, as described in Item 4(a) above, 203,400
of the shares reported herein are held by Riggs Qualified Partners, LLC, the
managing member of which is Mr. Timyan. Accordingly, Riggs Qualified Partners,
LLC has the right to receive dividends and sale proceeds from such securities.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Reported on by the Parent Holding Company or Control Person.
See Item 4(a).
Item 8. Identification and Classification of members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Page 4 of 5
Item 10. Certification.
By signing below, I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purpose or effect.
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 and correct.
January 25, 2005
-----------------------------
(Date)
/s/ Philip J. Timyan
-----------------------------
(Signature)
Philip J. Timyan
-----------------------------
(Name/Title)
Page 5 of 5