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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ___)*
TSI INTERNATIONAL SOFTWARE LTD.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
872879 10 1
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(CUSIP Number)
*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 purposes of Section 18 of the Securities and 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 1 of 5
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CUSIP NO. 872879 10 1 13G PAGE 2 OF 5 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ernest E. Keet
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
U.S.
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SOLE VOTING POWER
5
NUMBER OF 135,543
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
1,569,884
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING 135,543
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
1,569,884
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,705,427
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
18.8%
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TYPE OF REPORTING PERSON*
12
IN
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Page 2 of 5
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ITEM 1.
(a) Name of Issuer:
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TSI International Software Ltd.
(b) Address of Issuer's Principal Executive Offices:
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45 Danbury Road
Wilton, CT 06897-0840
ITEM 2.
(a) Name of Person Filing:
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Ernest E. Keet
(b) Address of Principal Business Office:
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304 Main Avenue, Suite 290
Norwalk, CT 06851
(c) Citizenship:
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U.S.
(d) Title of Class of Securities:
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Common Stock
(e) CUSIP Number:
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872879 10 1
ITEM 3. Not applicable
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned: Ernest E. Keet, the reporting person
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owns 135,543 shares of Common Stock directly. He is also the
President of Vanguard Atlantic, Limited, the record holder of
1,569,884 shares of Common Stock. Mr. Keet disclaims beneficial
ownership of the shares held by Vanguard Atlantic, Limited
except to the extent of his pecuniary interest therein.
(b) Percent of Class: 18.8%
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(c) Number of shares as to which such person has:
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(i) sole power to vote or direct the vote: 135,543
(ii) shared power to vote or direct the vote: 1,569,884
(iii) sole power to dispose or to direct the disposition of:
135,543
(iv) shared power to dispose or to direct the disposition of:
1,569,884
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not applicable.
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ITEM 7. IDENTIFICATION AND CLASSIFICATION OF SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION MEMBERS OF THE GROUP
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF A GROUP
Not applicable.
ITEM 10. CERTIFICATION
By signing below, I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or influencing
the control of the issuer of such securities and were not
acquired in connection with or as a participant in any
transaction having such purposes or effect.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information st forth in this statement is true, complete and
correct.
Dated: February 2, 1998
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ERNEST E. KEET
By: /s/ Ernest E. Keet
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