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 RULE 13d-2
TLC The Laser Center Inc.
(Name of Issuer)
Common Shares
(Title of Class of Securities)
872934104
(CUSIP Number)
June 27, 1997
(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)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
- ----------
*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
disclosures 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).
<PAGE>
CUSIP No. 872934104 13G Page 2 of 7 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Elias Vamvakas
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 3,189,727
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH N/A
REPORTING --------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH 3,645,932
--------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
N/A
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,645,932
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.7%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 872934104 13G Page 3 of 7 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON(S)
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
1111881 Ontario Limited
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES N/A
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH 2,150,000
REPORTING --------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH N/A
--------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
2,150,000
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,150,000
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.4%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 872934104 13G Page 4 of 7 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON(S)
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Vamvakas Family Trust
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES N/A
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH 2,150,000
REPORTING --------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH N/A
--------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
2,150,000
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,150,000
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.4%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 872934104 13G Page 5 of 7 Pages
Item 1. (a) Name of Issuer:
TLC THE LASER CENTER INC.
--------------------------------------------------------------
(b) Address of Issuer's Principal Executive Offices:
5600 Explorer Drive, Suite 301
Mississuaga, Ontario L4W 4Y2
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Item 2. (a) Name of Person Filing:
Elias Vamvakas
1111881 Ontario Limited
Vamvakas Family Trust
--------------------------------------------------------------
(b) Address of Principal Business Office, or if None, Residence:
5600 Explorer Drive, Suite 301
Mississuaga, Ontario L4W 4Y2
--------------------------------------------------------------
(c) Citizenship:
Canada
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(d) Title of Class of Securities:
Common Shares
--------------------------------------------------------------
(e) CUSIP Number:
872934104
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Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
N/A
This Schedule 13G is filed pursuant to Rule 13d-1(d) of the Securities
Exchange Act of 1934. The filing persons acquired their interest in TLC
The Laser Center Inc. prior to the Company's registration of its common
shares under Section 12(g) of the Securities Exchange Act.
<PAGE>
CUSIP No. 872934104 13G Page 6 of 7 Pages
Item 4. Ownership.
(a) The filing persons in the aggregate beneficially own 3,645,932
shares.
(b) The aggregate shares owned constitute 10.7 percent of the class.
(c) Mr. Vamvakas has sole power to vote or to direct the vote of
3,189,727 of the shares and sole power to dispose or to direct the
disposition of 3,645,932 of the shares.
1111881 Ontario Limited has shared power to vote or to direct the
vote of 2,150,000 of the shares and shared power to dispose or to
direct the disposition of 2,150,000 of the shares.
The Vamvakas Family Trust has shared power to vote or to direct the
vote of 2,150,000 of the shares and shared power to dispose or to
direct the disposition of 2,150,000 of the shares.
(d) Mr. Vamvakas has the right to acquire 456,205 shares.
Item 5. Ownership of Five Percent or Less of a Class.
N/A
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group.
N/A
Item 10. Certifications.
N/A
<PAGE>
CUSIP No. 872934104 13G Page 7 of 7 Pages
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: May 11, 1998
/s/ Elias Vamvakas
-----------------------------
Elias Vamvakas
1111881 Ontario Limited
By: /s/ Elias Vamvakas
-----------------------------
Elias Vamvakas
Vamvakas Family Trust
By: /s/ Elias Vamvakas
-----------------------------
Elias Vamvakas
