SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO.1
(Restatement)
to
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Anchor Glass Container Corporation
----------------------------------
(Name of Issuer)
Class A Common Stock, $.10 par value
------------------------------------
(Title of Class of Securities)
033038209
---------
(CUSIP Number)
CoMac Partners, L.P.
1 Greenwich Office Park, 3rd Floor
Greenwich, CT 06831
(203) 552-6900
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
June 5, 1998
------------
(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box: |_|
Page 1 of 22 pages
<PAGE>
SCHEDULE 13D
CUSIP No.033038209 Page 2 of 22 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CoMac Partners, L.P.
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) See Item 5
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 28,483/1/
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING Not Applicable
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
28,483/1/
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
Not Applicable
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
28,483 (See Item 5)/1/
- --------------------------------------------------------------------------------
- ----------
/1/ 482,675 shares including 454,192 shares of Class A Common Stock (the
"Common Stock") issuable upon conversion of 109,006 shares of the Issuer's
Series A 10% Cumulative Convertible Preferred Stock (the "Preferred Stock")
owned by CoMac Partners, L.P.
<PAGE>
Page 3 of 22 Pages
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [_]
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.8%/2/
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
/2/ 51.1% including shares of Common Stock issuable upon the conversion of the
Preferred Stock.
<PAGE>
SCHEDULE 13D
CUSIP No.033038209 Page 4 of 22 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CoMac International N.V. Not Applicable
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) See Item 5
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
NETHERLANDS ANTILLES
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 28,739/3/
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING Not Applicable
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
28,739/3/
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
Not Applicable
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
28,739 (See Item 5)/3/
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [_]
- --------------------------------------------------------------------------------
- ----------
/3/ 445,506 shares including 416,767 shares of the Common Stock issuable upon
conversion of 110,024 shares of the Issuer's Preferred Stock owned by CoMac
International N.V.
<PAGE>
Page 5 of 22 Pages
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.9%/4/
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
- ----------
/4/ 49.1% including shares of Common Stock issuable upon the conversion of the
Preferred Stock.
<PAGE>
SCHEDULE 13D
CUSIP No.033038209 Page 6 of 22 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CoMac Opportunities Fund, L.P.
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) See Item 5
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 581/5/
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING Not Applicable
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
581/5/
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
Not Applicable
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
581 (See Item 5)/5/
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
- --------------------------------------------------------------------------------
- ----------
/5/ 9,848 shares including 9,267 shares of the Common Stock issuable upon
conversion of 2,224 shares of the Issuer's Preferred Stock owned by CoMac
Opportunities Fund, L.P.
<PAGE>
Page 7 of 22 Pages
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.1%/6/
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
- ----------
/6/ 2.0% including shares of Common Stock issuable upon the conversion of the
Preferred Stock.
<PAGE>
SCHEDULE 13D
CUSIP No.033038209 Page 8 of 22 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CoMac Endowment Fund, L.P.
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) See Item 5
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 9,148/7/
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING Not Applicable
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
9,148/7/
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
Not Applicable
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,148 (See Item 5)/7/
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
- --------------------------------------------------------------------------------
- ----------
/7/ 155,065 shares including 145,917 shares of the Common Stock issuable upon
conversion of 35,020 shares of the Issuer's Preferred Stock owned by CoMac
Endowment Fund L.P.
<PAGE>
Page 9 of 22 Pages
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.9%/8/
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
- ----------
/8/ 24.4% including shares of Common Stock issuable upon the conversion of the
Preferred Stock.
<PAGE>
SCHEDULE 13D
CUSIP No.033038209 Page 10 of 22 Pages
- --------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Christopher M. Mackey
- --------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) See Item 5
- --------------------------------------------------------------------------------
3) SEC USE ONLY
- --------------------------------------------------------------------------------
4) SOURCE OF FUNDS
PF
- --------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [_]
- --------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
- --------------------------------------------------------------------------------
7) SOLE VOTING POWER
NUMBER OF 31/9/
SHARES --------------------------------------------------------------
BENEFICIALLY 8) SHARED VOTING POWER
OWNED BY
EACH REPORTING 66,951 (See Item 5)/10/
PERSON --------------------------------------------------------------
WITH 9) SOLE DISPOSITIVE POWER
31/9/
--------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
66,951 (See Item 5)/10/
- ----------
/9/ 531 shares including 500 shares of the Common Stock issuable upon
conversion of 120 shares of the Issuer's Preferred Stock owned by Mr.
Mackey.
/10/ 1,134,759 shares including 1,067,809 shares of Common Stock issuable upon
conversion of 256,274 shares of Preferred Stock that may be deemed to be
beneficially owned by Mr. Mackey (see Item 5).
<PAGE>
Page 11 of 22 Pages
- --------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
66,982(See Item 5)/11/
- --------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
- --------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.6%/12/
- --------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
/11/ 1,135,290 including 1,068,308 shares of Common Stock issuable upon
conversion of 256,394 shares of Preferred Stock that are or may be deemed
to be beneficially owned by Mr. Mackey (see Item 5).
/12/ 74.7% including shares of Common Stock issuable upon the conversion of the
Preferred Stock.
<PAGE>
AMENDMENT NO.1 TO SCHEDULE 13D
This amends and restates the Schedule 13D (the "Schedule 13D") dated
June 22, 1998, filed by CoMac Partners, L.P., CoMac International N.V., CoMac
Endowment Fund, L.P., CoMac Opportunities Fund, L.P. and Christopher M. Mackey
(the "Reporting Persons") with respect to the Class A Common Stock, $.10 par
value (the "Common Stock") of Anchor Glass Container Corporation, a Delaware
corporation (the "Company"). Because of uncertainties regarding the
distributions to the Reporting Persons under the Plan referred to in Item 3, the
original Schedule 13D did not correctly report the number of securities
initially distributed to the Reporting Persons under the Plan. For avoidance of
confusion, the original Schedule 13D is restated in its entirety.
ITEM 1. SECURITY AND ISSUER.
This Statement on Schedule 13D (the "Statement") relates to the Common
Stock of the Company. The principal executive offices of the Company are located
at 4343 Anchor Plaza Parkway, Tampa, FL 33634-7513.
ITEM 2. IDENTITY AND BACKGROUND.
(a) - (c) This statement is being filed by the Reporting Persons.
CoMac Opportunities is a Delaware limited partnership engaged in
certain investment activities, including, but not limited to, (i) the purchase
of marketable and non-marketable securities and other obligations of bankrupt or
near bankrupt companies and (ii) the purchase of securities in entities which
appear to be undervalued.
CoMac International is a Netherlands Antilles corporation which engages
in certain investment activities similar in nature to the activities engaged in
by CoMac Opportunities.
CoMac Endowment is a Delaware limited partnership which engages in
certain investment activities similar in nature to the activities engaged in by
CoMac Opportunities.
CoMac Partners is a Delaware limited partnership which engages in
certain investment activities similar in nature to the activities engaged in by
CoMac Opportunities.
Christopher M. Mackey is an executive officer, director and shareholder
of CoMac Advisers, Inc., a Delaware corporation ("CoMac Inc."), which is the
sole general partner of CoMac Associates, L.P., a Delaware limited partnership
("CoMac LP"). CoMac LP is the sole general partner of CoMac Partners. CoMac
12
<PAGE>
Inc. is the sole general partner of CoMac Opportunities and CoMac Endowment. Mr.
Mackey is a member of the supervisory board of directors of CoMac International
and is an executive officer, director and shareholder of CMS Advisers Inc., a
Delaware corporation, the investment adviser to CoMac International.
The business address and the address of the principal executive office
of each of CoMac Partners, CoMac Opportunities and CoMac Endowment is 1
Greenwich Office Park, 3rd Floor, Greenwich, CT 06831. The business address and
the address of the principal executive office of CoMac International is c/o
CITCO Fund Services, Kaya Flamboyan 9, P.O. Box 812, Curacao, Netherlands
Antilles. The business address of Christopher M. Mackey is c/o CoMac Partners, 1
Greenwich Office Park, 3rd Floor, Greenwich, CT 06831.
The name, business address and present principal occupation or
employment of each of the executive officers and directors of CoMac Inc. are set
forth on Schedule I annexed hereto, which is incorporated herein by reference.
The name, business address and present principal occupation or
employment of each of the directors of CoMac International are set forth on
Schedule II annexed hereto, which is incorporated herein by reference.
(d) - (e) During the last five years, none of the Reporting Persons,
and, to the best knowledge of the Reporting Persons, none of the persons listed
on Schedule I or Schedule II hereto, has been convicted in a criminal proceeding
(excluding traffic violations and similar misdemeanors) or has been a party to a
civil proceeding of a judicial or administrative body of competent jurisdiction
and as a result of such proceeding was or is subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to, Federal or state securities laws or finding any violation
with respect to such laws.
(f) Each natural person identified in this Item 2 is a citizen of the
United States.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Pursuant to that certain Second Amended Joint Chapter Liquidating Plan
of Reorganization of Anchor Resolution Corp. (formerly named Anchor Glass
Container Corporation) dated September 17, 1997, as amended, confirmed by the
United Stated Bankruptcy Court for the District of Delaware on November 11, 1997
(the "Plan"), Common Stock and Series A 10% Cumulative Convertible Preferred
Stock, par value $0.10 (the "Preferred Stock"), were distributed on or about
June 5, 1998.
13
<PAGE>
The Common Stock and Preferred Stock issued to the Reporting Persons
was so issued in partial consideration of the pre-petition indebtedness and
trade claims of Anchor Resolution Corp. held by the Reporting Persons as
follows:
Pre-petition Pre-petition
Reporting Person Indebtedness Trade Claims
- ---------------- ------------ ------------
CoMac Partners $9,996,000 $8,018,131.86
CoMac International $11,008,000 $2,995,555.16
CoMac Opportunities $64,000 $490,555.71
CoMac Endowment $3,060,000 $4,643,640.97
Christopher M. Mackey $13,000 $0.00
Such pre-petition indebtedness and trade claims were acquired by the
Reporting Persons at various times and for varying prices.
Additional Common Stock and Preferred Stock and Warrants to acquire
Common Stock and Warrants to acquire the Company's Class C Common Stock are
expected to be issued in the future to the Reporting Persons under the Plan in
respect of the aforementioned pre-petition indebtedness and trade claims.
ITEM 4. PURPOSE OF TRANSACTION.
The Reporting Persons acquired beneficial ownership of the shares of
Common Stock to which this statement relates for investment. The Reporting
Persons have had and may continue to have discussions with other shareholders
and management of the Company concerning actions which could be taken to enhance
shareholder value. Mr. Mackey was elected a director of the Company on June 9,
1998.
The Reporting Persons are expected to receive additional securities of
the Company in accordance with the Plan. See Item 3.
The Reporting Persons may acquire additional shares of Common Stock or
other securities of the Company or sell or otherwise dispose of any or all of
the shares of Common Stock or other securities of the Company beneficially owned
by them. The Reporting Persons may take any other action with respect to the
Company or any of its debt or equity securities in any manner permitted by law.
Except as disclosed in this Item 4, the Reporting Persons have no
current plans or proposals which relate to or would result in any of the events
described in Items (a) through (j) of the instructions to Item 4 of Schedule
13D.
14
<PAGE>
ITEM 5 INTEREST IN SECURITIES OF THE ISSUER
------------------------------------
(a) The Reporting Persons own an aggregate of 66,982 shares of Common
Stock, representing approximately 13.6% of the shares of the outstanding Common
Stock./13/ The Reporting Persons also own an aggregate of 256,394 shares of
Preferred Stock. Each share of Preferred Stock is presently convertible into
4.167 shares of Common Stock. Including the Common Stock issuable on conversion
of the Preferred Stock held by the Reporting Persons (but not the Preferred
Stock held by any other person), the Reporting Persons may be deemed to
beneficially own 74.7% of the Common Stock.
The following table sets forth the number of shares of Common Stock
directly owned by each of the Reporting Persons and the percentage of Common
Stock outstanding such ownership represents. This table does not include shares
issuable upon the conversion of the Preferred Stock.
Percentage of
Reporting Shares of Outstanding
Person Common Stock Common Stock
- ------ ------------ ------------
CoMac Partners 28,483 5.8
CoMac International 28,739 5.9
CoMac Opportunities 581 .1
CoMac Endowment 9,148 1.9
Christopher M. Mackey 31 Less than .1
The following table sets forth the number of shares of Preferred Stock
directly owned by each of the Reporting Persons and the shares of Common Stock
beneficially owned directly by each of the Reporting Persons including shares
issuable upon conversion of the Preferred Stock and the percentage of Common
Stock outstanding such ownership represents (including shares of Common Stock
issuable upon the conversion of the Preferred Stock held by the Reporting
Persons but not the Preferred Stock held by any other person).
- --------
/13/ Based upon 490,898 shares of Common Stock that the Company issued under
the Plan, as disclosed to the Reporting Persons by the Company.
15
<PAGE>
Shares of
Common Stock Percentage of
Reporting Shares of Beneficially Outstanding
Person Preferred Stock Owned Common Stock
- ------ --------------- ----- ------------
CoMac Partners 109,006 482,675 51.1
CoMac International 110,024 445,506 51.3
CoMac Opportunities 2,224 9,848 2.0
CoMac Endowment 35,020 155,065 24.4
Christopher M. Mackey 120 531 .1
(b) By reason of his position as co-chairman of CoMac Inc. and CoMac
International and Secretary of CoMac Inc. and CoMac International (see Item 2),
Christopher M. Mackey may be deemed to possess the power to vote and dispose of
the shares of Common Stock beneficially owned by CoMac Partners, CoMac
Opportunities, CoMac Endowment and CoMac International. Pursuant to Rule 13d-4
promulgated under the Securities Act of 1934, as amended, Mr. Mackey disclaims
beneficial ownership of such shares.
(c) On June 5, 1998, the Reporting Persons received distributions of
Common Stock and Preferred Stock pursuant to the Plan. Except for such
distributions, the Reporting Persons did not effect any transactions in the
Common Stock during the 60 days prior to the date of the original Schedule 13D.
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.
Not applicable.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Exhibit 1 - Agreement of joint filing
pursuant to Rule 13d(1)-f
promulgated under the
Securities Exchange Act of
1934, as amended.
16
<PAGE>
SIGNATURES
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certify that the information set forth in this
Statement is true, complete and correct.
Dated: September 17, 1998
(Restated as of June 22, 1998)
COMAC PARTNERS, L.P.
By: CoMac Associates, L.P.,
general partner of CoMac
Partners, L.P.
By: CoMac Advisers, Inc.,
general partner of CoMac Associates, L.P.
/s/ Christopher M. Mackey
-------------------------
Name: Christopher M. Mackey
Title: Co-Chairman
COMAC INTERNATIONAL N.V.
By: /s/ Christopher M. Mackey
-------------------------
Name: Christopher M. Mackey
Title: Director
COMAC ENDOWMENT FUND, L.P.
By CoMac Advisers, Inc., its
general partner
By: /s/ Christopher M. Mackey
-------------------------
Name: Christopher M. Mackey
Title: Co-Chairman
17
<PAGE>
COMAC OPPORTUNITIES FUND, L.P.
By: CoMac Advisers, Inc.,
its general partner
By: /s/ Christopher M. Mackey
-------------------------
Name: Christopher M. Mackey
Title: Co-Chairman
/s/ Christopher M. Mackey
-------------------------
Name: Christopher M. Mackey
18
<PAGE>
SCHEDULE I
EXECUTIVE OFFICERS AND DIRECTORS
COMAC ADVISERS, INC. ("COMAC INC.")
The name and present principal occupation or employment of
each of the executive officers and directors of CoMac Inc. is set forth below.
The business address of each such person is c/o CoMac Partners, L.P., 1
Greenwich Office Park, 3rd Floor, Greenwich, CT 06831.
Name and Present Principal
Positions Held Occupation or Employment
- -------------- ------------------------
Christopher M. Mackey, Co-Chairman and Secretary of
Co-Chairman and Secretary CoMac Inc. and CoMac International
Paul J. Coughlin, III, Co-Chairman and Treasurer of
Co-Chairman and Treasurer CoMac Inc. and CoMac International
19
<PAGE>
SCHEDULE II
DIRECTORS
COMAC INTERNATIONAL N.V. ("COMAC INTERNATIONAL")
The name and present principal occupation or employment of each of the
executive officers and directors of CoMac International is set forth below. The
business address of each such person is c/o CITCO Fund Services, Kaya Flamboyan
9, P.O. Box 812, Curacao, Netherlands Antilles.
Name and Present Principal
Positions Held Occupation or Employment
- -------------- ------------------------
Christopher M. Mackey, Co-Chairman and Secretary of
Director CoMac Inc. and Director of CoMac
International
Paul J. Coughlin, III, Co-Chairman and Treasurer of
Director CoMac Inc. and Director of CoMac
International
Michael Tobin, Director of CoMac International
Director
Anthony Stocks Director of CoMac International
Director
20
<PAGE>
EXHIBIT 1
Agreement of Joint Filing
Pursuant to 13d-1(f) promulgated under the Securities Exchange Act of
1934, as amended, the undersigned persons hereby agree to file with the
Securities and Exchange Commission the Statement on Schedule 13D (the
"Statement") to which this Agreement is attached as an exhibit, and agree that
such Statement, as so filed, is filed on behalf of each of them.
IN WITNESS WHEREOF, the undersigned have executed this Agreement.
Dated: September 17, 1998
(Restated as of June 22, 1998)
COMAC PARTNERS, L.P.
By: CoMac Associates, L.P.,
general partner of CoMac
Partners, L.P.
By: CoMac Advisers, Inc.,
general partner of CoMac Associates, L.P.
/s/ Christopher M. Mackey
-------------------------
Name: Christopher M. Mackey
Title: Co-Chairman
COMAC ENDOWMENT FUND, L.P.
By: CoMac Advisers, Inc., its
general partner
By: /s/ Christopher M. Mackey
-------------------------
Name: Christopher M. Mackey
Title: Co-Chairman
21
<PAGE>
COMAC INTERNATIONAL N.V.
By: /s/ Christopher M. Mackey
-------------------------
Name: Christopher M. Mackey
Title: Director
COMAC OPPORTUNITIES FUND, L.P.
By CoMac Advisers, Inc., its general
partner
By: /s/ Christopher M. Mackey
-------------------------
Name: Christopher M. Mackey
Title: Co-Chairman
/s/ Christopher M. Mackey
-------------------------
Name: Christopher M. Mackey
22
