0001125282-01-502170.txt : 20011018
0001125282-01-502170.hdr.sgml : 20011018
ACCESSION NUMBER: 0001125282-01-502170
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20011010
GROUP MEMBERS: AUCTENTIA, S.A.
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: 1934 Act
SEC FILE NUMBER: 005-51355
FILM NUMBER: 1755961
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: []
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
b314067_13d.txt
AMENDMENT NO. 15
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
-----------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 15)(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)
September 21, 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
----------------------- -------------------------------------------------------
7 SOLE VOTING POWER
-0-
NUMBER OF ---------------------- --------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 4,977,047
OWNED BY ---------------------- --------------------------------
EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH -0-
---------------------- --------------------------------
10 SHARED DISPOSITIVE POWER
4,977,047
----------------------- -------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
4,977,047
----------------------- -------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* |_|
----------------------- -------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
38.3%
----------------------- -------------------------------------------------------
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
----------------------- -------------------------------------------------------
7 SOLE VOTING POWER
-0-
----------------------- -------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES 4,977,047
BENEFICIALLY ----------------------- -------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER
EACH REPORTING -0-
PERSON WITH ---------------------- ---------------------------------
10 SHARED DISPOSITIVE POWER
4,977,047
----------------------- -------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
4,977,047
----------------------- -------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES* |_|
----------------------- -------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
38.3%
----------------------- -------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
======================= =======================================================
SEE INSTRUCTIONS BEFORE FILLING OUT!
---------------------- -------------------
CUSIP No. 563823103 13D Page 4 of 7
---------------------- -------------------
The following constitutes Amendment No. 15 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,
Amendment No. 11, filed with the Commission on June 7, 2001, Amendment No. 12,
filed with the Commission on June 27, 2001, Amendment No. 13, filed with the
Commission on July 18, 2001, and Amendment No. 14, filed with the Commission on
September 14, 2001 (the "Schedule 13D"), relating to shares of the Common Stock
of Greg Manning Auctions, Inc. (the "Issuer"). This amendment reports the
purchase of 455,417 shares of Common Stock of the Issuer ("Shares") by Auctentia
since the date of filing of Amendment No. 14 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 205,417 of the 455,417 Shares being
reported herein for an aggregate purchase price of $399,187.04. In accordance
with the terms of the Stock Purchase Agreement described in Item 5(c), Auctentia
purchased the remaining 250,000 of the 455,417 Shares for an aggregate purchase
price of $500,000. The source of funds used by Auctentia in making the purchase
of all 455,417 Shares being reported herein was the working capital of
Acutentia.
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 4,977,047, representing approximately 38.3% of the
total number of Shares outstanding, based on (i) the 12,733,642 Shares
represented by the Issuer as outstanding as of September 25, 2001 in its Annual
Report on Form 10-K for the period ended June 30, 2001, plus (ii) the 126,833
Shares into which the 126,833 warrants held by Auctentia may be exercised, plus
(iii) the 150,000 Shares Auctentia has the right to purchase within 60 days
after the date hereof pursuant to the Stock Purchase Agreement described in Item
5(c).
(b) AFINSA and Auctentia have shared power to vote or direct
the vote and to dispose or direct the disposition of 4,977,047 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
two installments were initially reported in Amendment No. 11 and the third,
fourth and fifth installments were initially reported in Amendment Nos. 12, 13
and 14, respectively. As contemplated in Amendment No. 14 to this Schedule 13D,
Auctentia paid the purchase price for the fourth installment of 250,000 Shares
---------------------- -------------------
CUSIP No. 563823103 13D Page 5 of 7
---------------------- -------------------
from its working capital, in an amount equal to $500,000, in cash on or about
September 15, 2001. The fifth installment, consisting of 150,000 Shares, is to
be purchased on or about October 15, 2001. The purchase price of the fifth
installment shall be paid in cash. Since the date of filing of Amendment No. 14
to this Schedule 13D, Auctentia has also purchased an aggregate of 205,417
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: October 9, 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 8/30/01 THROUGH 9/27/01
Date Quantity Price Transaction Type
---- -------- ----- ----------------
9/4/01 100 2.0000 Open Mkt. Purchase
9/6/01 17,000 1.9923 Open Mkt. Purchase
9/7/01 40,000 1.9973 Open Mkt. Purchase
9/10/01 40,100 1.9996 Open Mkt. Purchase
9/20/01 14,700 1.6668 Open Mkt. Purchase
9/21/01 15,727 1.8641 Open Mkt. Purchase
9/24/01 11,500 1.9681 Open Mkt. Purchase
9/25/01 24,700 1.9092 Open Mkt. Purchase
9/26/01 5,700 1.9208 Open Mkt. Purchase
9/27/01 35,890 1.9639 Open Mkt. Purchase
Each of the above transactions was effected by Sterling Financial Investment
Group Inc. on behalf of Auctentia.