-----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, GYbJwIRaeVn0+vEuDB9s9XkHUQZ7YHyQ36wSIvTkm4kiICcGEgLmwRhk4fi+F4RD LNmzTmD5ZWLG9UYxVeNgVg== 0001125282-01-501045.txt : 20010628 0001125282-01-501045.hdr.sgml : 20010628 ACCESSION NUMBER: 0001125282-01-501045 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010627 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GREG MANNING AUCTIONS INC CENTRAL INDEX KEY: 0000895516 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 222365834 STATE OF INCORPORATION: NY FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-51355 FILM NUMBER: 1668902 BUSINESS ADDRESS: STREET 1: 775 PASSAIC AVE CITY: WEST CALDWELL STATE: NJ ZIP: 07006 BUSINESS PHONE: 9738820004 MAIL ADDRESS: STREET 1: 775 PASSAIC AVE CITY: WEST CALDWELL STATE: NJ ZIP: 07006 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: AFINSA BIENES TANGIBLES S A CENTRAL INDEX KEY: 0001043381 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 000000000 STATE OF INCORPORATION: U3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: LAGASCA 88 STREET 2: MADRID 28001 CITY: SPAIN BUSINESS PHONE: 3415767874 MAIL ADDRESS: STREET 1: LAGASCA 88 STREET 2: MADRID 28001 CITY: SPAIN SC 13D/A 1 b312375_sc13da12.txt AMENDMENT NO. 12 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ----------------- SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 12)(1) GREG MANNING AUCTIONS, INC. - -------------------------------------------------------------------------------- (Name of issuer) COMMON STOCK, $.01 PAR VALUE - -------------------------------------------------------------------------------- (Title of class of securities) 563823103 - -------------------------------------------------------------------------------- (CUSIP number) BRUCE A. RICH, ESQ. BECKER, GLYNN, MELAMED & MUFFLY LLP 299 Park Avenue New York, New York 10171 (212) 888-3033 - -------------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) June 16, 2001 - -------------------------------------------------------------------------------- (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1 (b)(3) or (4), 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 240.13d-7 for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 7 Pages) - -------- 1 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). CUSIP No. 563823103 13D Page 2 of 7 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS AFINSA BIENES TANGIBLES S.A. (No S.S. or I.R.S. Identification No.) - ------------------- -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - ------------------- -------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------- -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC, AF - ------------------- -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) |_| - ------------------- -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION SPAIN - ------------------- -------------------------------------------------------------------------------- NUMBER OF SHARES 7 SOLE VOTING POWER -0- ------------------ ------------------------------------------------------------- BENEFICIALLY OWNED BY 8 SHARED VOTING POWER 4,052,227 ------------------ ------------------------------------------------------------- EACH REPORTING 9 SOLE DISPOSITIVE POWER -0- ------------------ ------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 4,052,227 - ------------------- -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,052,227 - ------------------- -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - ------------------- -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 39.5% - ------------------- -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO =================== ================================================================================
SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 563823103 13D Page 3 of 7 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS AUCTENTIA, S.A. (No S.S. or I.R.S. Identification No.) - ------------------- -------------------------------------------------------------------------------- 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 OF ORGANIZATION SPAIN - ------------------- -------------------------------------------------------------------------------- NUMBER OF SHARES 7 SOLE VOTING POWER -0- ------------------ ------------------------------------------------------------- BENEFICIALLY OWNED BY 8 SHARED VOTING POWER 4,052,227 ------------------ ------------------------------------------------------------- EACH REPORTING 9 SOLE DISPOSITIVE POWER -0- ------------------ ------------------------------------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER 4,052,227 - ------------------- -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,052,227 - ------------------- -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_| - ------------------- -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 39.5% - ------------------- -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO =================== ================================================================================
SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 563823103 13D Page 4 of 7 The following constitutes Amendment No. 12 to the Schedule 13D filed by AFINSA Bienes Tangibles, S.A. ("AFINSA") and Auctentia, S.A. ("Auctentia"), a wholly-owned subsidiary of AFINSA, with the Securities and Exchange Commission (the "Commission") on August 4, 1997, as amended by Amendment No. 1, filed with the Commission on August 20, 1997, Amendment No. 2, filed with the Commission on August 27, 1997, Amendment No. 3, filed with the Commission on February 16, 1999, Amendment No. 4, filed with the Commission on February 25, 1999, Amendment No. 5, filed with the Commission on June 27, 2000, Amendment No. 6, filed with the Commission on October 24, 2000, Amendment No. 7, filed with the Commission on December 1, 2000, Amendment No. 8, filed with the Commission on March 7, 2001, Amendment No. 9, filed with the Commission on April 5, 2001, Amendment No. 10, filed with the Commission on April 17, 2001 and Amendment No. 11, filed with the Commission on June 7, 2001 (the "Schedule 13D"), relating to Shares of the Common Stock of Greg Manning Auctions, Inc. (the "Issuer"). This amendment reports the acquisition of beneficial ownership by Auctentia over 284,600 Shares of Common Stock of the Issuer ("Shares") since the date of filing of Amendment No. 11 to this Schedule 13D by AFINSA. Unless otherwise indicated, the information set forth in Schedule 13D remains unchanged and each capitalized term not defined herein shall have the meaning assigned to such term in Schedule 13D. Item 3. Source and Amount of Funds or Other Consideration. ------------------------------------------------- Item 3 is amended to add the following at the end thereof: Auctentia purchased 34,600 of the 284,600 Shares being reported herein for an aggregate purchase price of $69,026.30. The source of funds used in making this additional purchase of 34,600 Shares was working capital of Auctentia. As described in Item 5(c) below, the purchase price of $500,000 in respect of the remaining 250,000 Shares will be paid upon the closing of such purchase, and it is contemplated that the source of such funds shall also be working capital of Auctentia. Item 5. Interest in Securities of the Issuer. ------------------------------------ (a) As of the date of this Amendment, the aggregate number of Shares beneficially owned by AFINSA, indirectly through Auctentia, its wholly-owned subsidiary, is 4,052,227, representing approximately 39.5% of the total number of Shares outstanding, based on 10,137,242 Shares represented by the Issuer as outstanding as of May 10, 2001, in its Quarterly Report on Form 10-Q for the period ended March 31, 2001, plus 126,833 Shares into which the 126,833 warrants held by Auctentia may be exercised. Of the Shares beneficially owned, 450,000 have not yet been purchased by Auctentia but, pursuant to the Stock Purchase Agreement described in Item 5(c), Auctentia has the right to purchase such number of Shares within 60 days after the date hereof. (b) AFINSA and Auctentia have shared power to vote or direct the vote and to dispose or direct the disposition of 4,052,227 of the Shares of the Issuer that are the subject of this Schedule 13D. (c) Auctentia entered into a Stock Purchase Agreement with the Issuer dated May 23, 2001, whereby Auctentia agreed to purchase 1,000,000 restricted Shares in five installments for a price of $2.00 per Share. The first and second of these installments were initially reported in Amendment No. 11 to this Schedule 13D. Auctentia paid the purchase price for the first installment from its working capital, in an amount equal to $300,000, in cash on June 15, 2001. The second installment, consisting of 200,000 Shares, is to be purchased on or about July 15, 2001. The third installment, consisting of CUSIP No. 563823103 13D Page 5 of 7 250,000 Shares, is to be purchased on August 15, 2001. The purchase price of each of the second and third installments shall be paid in cash. Since the date of filing of Amendment No. 11 to this Schedule 13D, Auctentia has also purchased an aggregate of 34,600 Shares in the open market on the dates and at the prices set forth in Schedule B hereto. Each such purchase was effected by Sterling Financial Investment Group Inc. on behalf of Auctentia. (d) Not applicable. (e) Not applicable. CUSIP No. 563823103 13D Page 6 of 7 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. Dated: June 26, 2001 AFINSA BIENES TANGIBLES S.A. By: /s/ Juan Antonio Cano Cuevas ---------------------------- Juan Antonio Cano Cuevas Vice-Chairman and Managing Director AUCTENTIA, S.A. By: /s/ Ramon Egurbide ---------------------------- Ramon Egurbide Managing Director CUSIP No. 563823103 13D Page 7 of 7 SCHEDULE B TRANSACTIONS IN COMMON STOCK FROM 6/8/01 THROUGH 6/21/01 Date Quantity Price Transaction Type ---- -------- ----- ---------------- 6/12/01 19,000 1.9979 Open Mkt. Purchase 6/15/01 6,500 1.9868 Open Mkt. Purchase 6/18/01 5,000 2.0000 Open Mkt. Purchase 6/20/01 900 2.0000 Open Mkt. Purchase 6/21/01 3,200 1.9850 Open Mkt. Purchase Each of the above transactions was effected by Sterling Financial Investment Group Inc. on behalf of Auctentia. -----END PRIVACY-ENHANCED MESSAGE-----