FORM 3 U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB Number: 3235-0104
Expires: September 30, 1998
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section
30 (f) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person* 2. Date of Event Re- 4. Issuer name and ticker or trading symbol
quiring Statement PS Group Holdings, Inc. ("PSG")
(Month/Day/Year) __________________________________________
Mills Christopher H.B. 6/5/96
(Last) (First) (Middle) 3. IRS or Social Security 5. Relationship of Reporting Person to Issuer 6.If Amendment,
c/o J O Hambro Capital Management Limited Number of Reporting (Check all applicable) Date of
10 Park Place Person (Voluntary) X Director 10% Owner Original
(Street) Officer (give Other(specify below) (Month/Day/Year)
London SWIA 1LP England title below) 6/7/96
(City) (State) (Zip) 7. Individual or
Joint/Group
Filing (Check
Applicable
Line)
X Form filed by
One Reporting
Person
Form filed by
More than One
Reporting
Person
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TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficial Ownership
(Instr. 4) Beneficially Owned Form: Direct (Instr. 5)
(Instr. 4) (D) or Indirect
(I) (Instr. 5)
Common Stock, $1.00 par value 291,300 I North Atlantic Smaller Companies Investment
Trust plc. See "Explanation of Responses."
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Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 5(b)(v)
(Over)
SEC 1473 (7-96)
FORM 3 (CONTINUED)TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G.,
PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative Security 2. Date Exer- 3. Title and Amount of Securities 4. Conver- 5. Owner- 6. Nature of
(Instr. 4) cisable and Underlying Derivative Security sion or ship Indirect Bene-
Expiration (Instr. 4) Exercise Form of ficial
Date Price of Derivative Ownership
(Month/Day/ Deriva- Security: (Instr.5)
Year) tive Direct (D)
Security or Indirect
Date Expira- (I)
Exer- tion Amount (Instr.5)
cisable Date or
Title Number
of
Shares
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Explanation of Responses:
The inclusion in this report of securities listed in the table shall not be
deemed an admission that the reporting person is for the purpose of Section 16
of the Securities Exchange Act of 1934, as amended, or for any other purpose,
the beneficial owner of such securities, and such beneficial ownership is
expressly disclaimed.
**Intentional misstatements or omissions of
facts constitute Federal Criminal
Violations.
/s/ Christopher H.B. Mills 3/31/98
_________________________________ _____________
See 18 U.S.C. 1001 **Signature of Reporting Person Date
and 15 U.S.C 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
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SEC 1473 (7-96)
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