-----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, AQ26sHx2epvA2Js+X1qAzTM+pg43Ae+Wam951CHShIsBntHvKfvDdYwQ8O8tQUFc SVLJPjp2W4D4KUx5UVyL5Q== 0000950155-97-000010.txt : 19970310 0000950155-97-000010.hdr.sgml : 19970310 ACCESSION NUMBER: 0000950155-97-000010 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970307 SROS: AMEX SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PLC SYSTEMS INC CENTRAL INDEX KEY: 0000879682 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 043153858 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-42378 FILM NUMBER: 97552892 BUSINESS ADDRESS: STREET 1: 113 CEDAR ST STE S2 CITY: MILFORD STATE: MA ZIP: 01757 BUSINESS PHONE: 5084785991 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ARAB BANKING CORP BSC CENTRAL INDEX KEY: 0000901113 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: PORTFOLIO MANAGEMENT DEPT STREET 2: PO BOX 5698ABC TOWER DIPLOMATIC AREA CITY: MANAMA STATE OF BAHR STATE: C6 ZIP: 00000 MAIL ADDRESS: STREET 1: HUGHES HUBBARD & REED LLP STREET 2: ONE BATTERY PARK PLAZA CITY: NEW YORK STATE: NY ZIP: 10004 SC 13G 1 SCHEDULE 13G AMENDMENT NO. 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 4)* PLC Systems, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 69341D104 ------------------------------------- (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 the disclosure 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.) CUSIP No. 693410104 13G Page 2 of 6 Pages ---------- - --------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Arab Banking Corporation (B.S.C.) - --------- ---------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - --------- - --------- ---------------------------------------------------------------------- 3 SEC USE ONLY - --------- ---------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Bahrain - --------- ---------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 747,100 SHARES -------- -------------------------------------------------------- -------- -------------------------------------------------------- 6 SHARED VOTING POWER BENEFICIALLY 0 OWNED BY -------- -------------------------------------------------------- -------- -------------------------------------------------------- 7 SOLE DISPOSITIVE POWER EACH 747,100 REPORTING -------- -------------------------------------------------------- -------- -------------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER 0 WITH - --------- ---------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 747,100 - --------- ---------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - --------- ---------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.52% - --------- ---------------------------------------------------------------------- - --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* BK - --------- ---------------------------------------------------------------------- CUSIP No. 693410104 13G Page 3 of 6 Pages ---------- Pursuant to Rule 13d-2(c), the entire text of the original Schedule 13G dated February 16, 1993, is hereby restated in this Amendment No. 4 to Schedule 13G. The original Schedule 13G dated February 16, 1993, the first amendment dated February 18, 1993, the second amendment dated November 13, 1995 and the third amendment dated February 11, 1996 are hereby amended by deleting Item 4 in its entirety and inserting in its place Item 4 as set forth below. Item 1. (a) Name of Issuer PLC Systems, Inc. (b) Address of Issuer's Principal Executive Offices 113 Cedar Street Suite 52 Milford, Massachusetts 01757 Item 2. (a) Name of Person Filing Arab Banking Corporation (B.S.C.) (b) Address of Principal Business Office or, if none, Residence Investment Management Department P.O. Box 5698 ABC Tower, Diplomatic Area Manama, State of Bahrain (c) Citizenship State of Bahrain (d) Title of Class of Securities Common Stock (e) CUSIP Number 69341D104 CUSIP No. 693410104 13G Page 4 of 6 Pages ---------- Item 3. If this statement is filed pursuant to Rule 13-1(b), or 13d-2(b), check whether the person filing is a: (a) |_| Broker or Dealer registered under Section 15 of the Act (b) |X| 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 registered under section 203 of the Investment Advisers Act of 1940 (f) |_| Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see section 240.13d-1(b)(1)(ii)(F) (g) |_| Parent Holding Company, in accordance with section 240.13d-1(b)(ii)(G) (Note: See Item 7) (h) |_| Group, in accordance with section 240.13d-1(b)(1)(ii)(H) Item 4. Ownership If the percent of the class owned, as of December 31 of the year covered by the statement, or as of the last day of any month described in Rule 13d-1(b)(2), if applicable, exceeds five percent, provide the following information as of that date and identify those shares which there is a right to acquire. (a) Amount Beneficially owned: 747,100 (b) Percent of Class: 4.52% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 747,100 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 747,100 (iv) shared power to dispose or to direct the disposition of: 0 CUSIP No. 693410104 13G Page 5 of 6 Pages ---------- Item 5. Ownership 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 |X|. Item 6. Ownership of More than Five Percent on Behalf of Another Person. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Item 8. Identification and Classification of Members of the Group Item 9. Notice of Dissolution of Group 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 and were not acquired in connection with or as a participant in any transaction having such purposes 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, complete and correct. Date: March 4, 1997 ARAB BANKING CORPORATION (B.S.C.) /s/ Jan Peter Faberij De Jonge -------------------------------------------------- Name: Jan Peter Faberij De Jonge Title: First Vice President and Asst. General Mgr. -----END PRIVACY-ENHANCED MESSAGE-----