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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
TV AZTECA
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(Name of Issuer)
ADR
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(Title of Class of Securities)
901145102
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(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 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).
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CUSIP NO. 901145102 SCHEDULE 13G PAGE 2 OF 5 PAGES
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1. NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
NO. OF ABOVE PERSON
GENESIS ASSET MANAGERS INTERNATIONAL LIMITED
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
A LIMITED LIABILITY COMPANY ORGANIZED UNDER THE LAWS OF THE UNITED KINGDOM
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5. SOLE VOTING POWER
See Item 6
NUMBER OF --------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY
EACH --------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: See Item 6
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8. SHARED DISPOSITIVE POWER
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
See Item 6
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12. TYPE OF REPORTING PERSON*
Investment Adviser
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CUSIP NO. 901145102 SCHEDULE 13G PAGE 3 OF 5 PAGES
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ITEM 1.
(a) Name of Issuer: TV Azteca
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(b) Address of Issuer's Principal Executive Offices:
Perifenico sur No 421
Col Fuentes del Pedregal
14141 Mexico, DF
Mexico
ITEM 2.
(a) Name of Persons Filing:
(b) Address of Principal Business Office or, if none, Residence:
(c) Citizenship:
(a) Genesis Asset Managers International Limited ("GAMIL")
(b) 21 Knightsbridge
London SW1X7LY
United Kingdom
(c) United Kingdom
(d) Title of Class of Securities: ADR
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(e) CUSIP Number: 901145102
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ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-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) [ ] 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 of 1940
(e) [X] Investment Adviser registered under section 203 of the Investment
Advisers Act or under the laws of any State
(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 ss.240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with ss.240.13d-1(b)(ii)(G)
(Note: See Item 7)
(h) [ ] A Savings Association as defined in Section 3(b) of the Federal
Deposit Insurance Act
(i) [ ] A Church Plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act of 1940
(j) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J)
If this statement is filed pursuant to ss.240.13d-1(c), check this box [ ].
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CUSIP NO. 901145102 SCHEDULE 13G PAGE 4 OF 5 PAGES
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ITEM 4. OWNERSHIP
As of December 31, 1999
(a) Amount Beneficially Owned: 5,078,187
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(b) Percent of Class: 4.6%
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(c) Number of shares as to which such person has: (See ITEM 6 Below)
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
As of December 31, 1999
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
GAMIL, a registered investment adviser, exercises investment discretion
over securities as to which a Form 13G was filed by Genesis Asset Managers
Limited. The Form 13G filed by Genesis Asset Managers Limited included a report
on behalf of Genesis Asset Managers International Limited.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable
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CUSIP NO. 901145102 SCHEDULE 13G PAGE 5 OF 5 PAGES
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ITEM 10. CERTIFICATION
By signing below, I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I hereby
certify that the information set forth in this statement is true, complete and
correct.
Dated February 10, 2000
Genesis Asset Managers International Limited
By:/s/ Jeremy D. Paulson-Ellis
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Name: Jeremy D. Paulson-Ellis
Title: Director
