-----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, QRSUCTB30Hg4bEmf3o+JCWgpAuSEU+IT6lbsafLDuv9G6YCsaTQrA7WSj1/TSWoV 682W4Kftt2o2YsiOcXEv7A== 0000897423-96-000018.txt : 19960216 0000897423-96-000018.hdr.sgml : 19960216 ACCESSION NUMBER: 0000897423-96-000018 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960213 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL DATACOMM INDUSTRIES INC CENTRAL INDEX KEY: 0000040518 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 060853856 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-33371 FILM NUMBER: 96517425 BUSINESS ADDRESS: STREET 1: ROUTE 63 CITY: MIDDLEBURY STATE: CT ZIP: 06762 BUSINESS PHONE: 2035741118 MAIL ADDRESS: STREET 1: P O BOX 1299 CITY: MIDDLEBURY STATE: CT ZIP: 06762-1299 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CONNOR CLARK & CO LTD ET AL CENTRAL INDEX KEY: 0000847056 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: SCOTIA PLAZA STREET 2: 40 KING STREET, SUITE 5110 BOX 125 CITY: TORONTO STATE: A6 BUSINESS PHONE: 4163600006 MAIL ADDRESS: STREET 1: SCOTIA PLAZA STREET 2: 40 KING ST SUITE 5110 BOX 125 CITY: TORONTO STATE: A6 SC 13G 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Information Statement Pursuant to Rules 13d-1 and 13d-2 Under the Securities Exchange Act of 1934 (Amendment No. )* General DataComm Industries, Inc. (Name of Issuer) Common Stock, par value $.10 per share (Title of Class of Securities) 369487103 (CUSIP Number) Check the following box if a fee is being paid with the statement [X]. *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). **The total number of shares reported herein is 1,792,245, which constitutes approximately 9.8% of the total number of shares outstanding. All ownership percentages set forth herein assume that there are 18,307,865 shares outstanding. 1. Name of Reporting Person: Connor, Clark & Company Ltd. 2. Check the Appropriate Box if a Member of a Group: (a) / / (b) /x/ 3. SEC Use Only 4. Citizenship or Place of Organization: Ontario, Canada 5. Sole Voting Power: -0- Number of Shares Beneficially 6. Shared Voting Power: 1,792,245 Owned By Each Reporting 7. Sole Dispositive Power: -0- Person With 8. Shared Dispositive Power: 1,792,245 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 1,792,245 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares: / / 11. Percent of Class Represented by Amount in Row (9): 9.8% 12. Type of Reporting Person: IA Item 1(a). Name of Issuer. The name of the Issuer is General DataComm Industries, Inc. (the "Issuer"). Item 1(b). Address of Issuer's Principal Executive Offices. The principal executive offices of the Issuer are located at 1579 Straits Turnpike, Middlebury, Connecticut 06762. Item 2(a). Names of Persons Filing. Connor, Clark & Company, Ltd. (the Reporting Person ) Item 2(b). Address of Principal Business Office, or if None, Residence. The address of the principal business office or residence of the Reporting Person is Scotia Plaza, 40 King Street, Suite 5110, Box 125, Toronto, Ontario M5H 3Y2. Item 2(c). Citizenship. The Reporting Person is organized under the laws of Ontario, Canada. Item 2(d). Title of Class of Securities. This Schedule 13G Statement relates to the Common Stock, par value $.10 per share, of the Issuer (the "Stock"). Item 2(e). CUSIP Number. 369487103 Item 3. Filing Pursuant to Rules 13d-1(b) or 13d-2(b). This Schedule 13G Statement is being filed pursuant to Rule 13d-1(b) under the Act because the Reporting Person is an Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940. Item 4. Ownership. (a)-(b) The aggregate number of shares of the Stock that the Reporting Person owns beneficially, pursuant to Rule 13d-3 of the Act, is 1,792,245, which constitutes approximately 9.8% of the outstanding shares of the Stock. (c) The Reporting Person has the shared power to vote or to direct the vote and to dispose or to direct the disposition of 1,792,245 shares of the Stock. Item 5. Ownership of Five Percent or Less of a Class. This filing on Schedule 13G is not for the purpose of reporting the fact that the Reporting Person has ceased to be the beneficial owner of more than five percent (5%) of the outstanding shares of the Stock. Item 6. Ownership of More than Five Percent on Behalf of Another Person. The Reporting Person, which is engaged in the business of providing discretionary investment management services, is deemed to be a beneficial owner for purposes of Rule 13d-3 under the Securities Exchange Act of 1934 since it has the power to vote and/or the power to dispose of the Stock held in securities accounts on behalf of many clients (the Clients ), which include, among others, individual private investors, pension funds, foundations and investment partnerships. The Reporting Person does not, however, have any economic or pecuniary interests in the securities held on behalf of its Clients. The Clients are the actual owners of the securities (including the Stock) held in their respective accounts; and they have the sole right to receive and the sole power to direct the receipt of dividends from, or the proceeds from the sale of, such securities (including the Stock). No Client has an interest in dividends or sale proceeds that relates to 5% or more of the Stock. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. This Schedule 13G Statement is not being filed by a parent holding company. Item 8. Identification and Classification of Members of the Group. This Schedule 13G Statement is not being filed on behalf of a group. Item 9. Notice of Dissolution of Group. It is inapplicable for the purposes herein to provide notice of dissolution of a group. Item 10. Certification. By singing 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. After reasonable inquiry and to the best of our knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 7, 1996 CONNOR, CLARK & COMPANY, LTD. By: /s/ Geoffrey McCord Geoffrey McCord, Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----