SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13D-1(B)
AND AMENDMENTS THERETO FILED
PURSUANT TO 13D-2(b)
(Amendment No. _______________)1
HEALTHWORLD CORPORATION
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
42222E103
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(CUSIP Number)
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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 the 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 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 Pages
<PAGE>
CUSIP NO. 42222E103 13G Page 2 of 5 Pages
-------------- ------ ------
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
William Leslie Milton
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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 OR ORGANIZATION
United Kingdom
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5 SOLE VOTING POWER
NUMBER OF
SHARES
BENEFICIALLY
1,290,984
OWNED BY ---------------------------------------------------------------
6 SHARED VOTING POWER
EACH
0
REPORTING ---------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
PERSON
1,290,984
WITH ---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,290,984
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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
17.4%
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12 TYPE OF REPORTING PERSON*
IN
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Page 2 of 5 Pages
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Item 1(a). Name of Issuer:
Healthworld Corporation
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Item 1(b). Address of Issuer's Principal Executive Offices:
100 Avenue of the Americas, New York, NY 10013
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Item 2(a). Name of Person Filing:
William Leslie Milton
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Item 2(b). Address of Principal Business Office, or, if None, Residence.
c/o Healthworld Corporation, 100 Avenue of the Americas, New York, NY 10013
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Item 2(c). Citizenship:
United Kingdom
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Item 2(d). Title of Class of Securities:
Common Stock
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Item 2(e). CUSIP NUMBER:
42222E103
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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.
(e) |_| Investment Adviser registered under Section 203 of the Investment
Advisers Act of 1940.
(f) |_| Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retiremen Income Security Act of 1974 or
Endowment Fund; see 13d-1(b)(1)(ii)(F).
(g) |_| Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G);
see Item 7,
(h) |_| Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
Page 3 of 5 Pages
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Item 4. Ownership.
If the percent of the class owned, as of December 31 of the year covered
by the statement, or as of the last day of any month described in Rule
13d-1(b)(2), if applicable, exceeds five percent, provide the following
information as of that date and identify those shares which there is a right to
acquire.
(a) Amount beneficially owned:
1,290,984
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(b) Percent of class:
17.4%
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(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 1,290,984
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(ii) Shared power to vote or to direct the vote 0
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(iii) Sole power to dispose or to direct the disposition of 1,290,984
------------
(iv) Shared power to dispose or to direct the disposition of 0
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Instruction. For computations regarding securities which represent a
right to acquire an underlying security, see Rule 13d-3(d)(1).
Item 5. Ownership of Five Percent or Less of a Class.
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 [ ]
Instruction. Dissolution of a group requires a response to this item.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security 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.
Item 10. Certification.
Not applicable.
Page 4 of 5 Pages
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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.
February 13, 1998
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(Date)
/s/ Leslie Milton
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(Signature)
William Leslie Milton
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(Name/Title)
Page 5 of 5 Pages
