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OMB APPROVAL
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- -------- OMB Number: 3235-0104
FORM 3 Expires: September 30, 1998
- -------- Estimated average burden
hours per response .... 0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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
<TABLE>
<S> <C> <C> <C>
(Print or Type Response)
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker 6. If Amendment, Date
Richemont Finance S.A. Statement or Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) Hanover Direct, Inc. (HNV) (Month/Day/Year)
(Last) (First) (Middle) 6/1/98 -----------------------------------------------------------
35 Boulevard Prince Henri ---------------------------- 5. Relationship of Reporting 7. Individual or
- ---------------------------------------- 3. I.R.S. Identification Person(s) to Issuer Joint/Group
(Street) Number of Reporting (Check all applicable) Filing (Check
Person, if an entity ----- Director --X-- 10% Owner Applicable List)
L 1724 Luxembourg (voluntary) ----- Officer ----- Other (specify -- Form filed by
- ---------------------------------------- (give title below) below) One Reporting
(City) (State) (Zip) Person
--------------------------- X Form filed by
More than One
Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 5)
(Instr. 5)
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Common Stock 97,144,167 D
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Common Stock 1,510,000 I These securities are owned of record
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and beneficially by NAR Group Limited
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("NAR"). NAR has granted the issuer's
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chief executive officer an option to
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purchase these securities. The
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Reporting Person is a shareholder of
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NAR and may, therefore, be deemed to be
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an indirect owner of these securities.
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However, the Reporting Person disclaims
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such beneficial ownership.
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
*If the form is filed by more than one reporting person, see Instruction 5(b)(v).
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 CONTROL NUMBER. SEC 1473 (7/97)
</TABLE>
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<TABLE>
<CAPTION>
FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security Direct
------------------------------------------------- (D) or
Date Expira- Amount or Indirect (I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
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Warrants 6/1/98 8/1/98 Common Stock 1,728,923 $2.16 D
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Warrants 6/1/98 8/1/98 Common Stock 3,542,292 $2.59 D
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Warrants 6/1/98 8/1/98 Common Stock 375,275 $1.95 D
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Explanation of Responses:
/s/ Robert P. Wessely June 11, 1998
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------- -------------
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
Attorney-in-Fact
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained Page 2
in this form are not required to respond unless the form displays a currently SEC 1473 (8/92)
valid OMB Number.
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Form 3 Joint Filer Information
1.
Name: Richemont S.A.
Address: 35 Boulevard Prince Henri
L 1724 Luxembourg
Designated Filer: Richemont Finance S.A.
Issuer & Ticker Symbol: Hanover Direct, Inc. (HNV)
Date of Event Requiring Statement: June 1, 1998
Ownership Form: Indirect (affiliate)
Signature: /s/ Robert P. Wessely
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By: Robert P. Wessely
Its: Attorney-in-Fact
2.
Name: Compagnie Financiere Richemont AG
Address: Rigistrasse 2
Zug 6300 Switzerland
Designated Filer: Richemont Finance S.A.
Issuer & Ticker Symbol: Hanover Direct, Inc. (HNV)
Date of Event Requiring Statement: June 1, 1998
Ownership Form: Indirect (affiliate)
Signature: /s/ Robert P. Wessely
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By: Robert P. Wessely
Its: Attorney-in-Fact
Page # 3 of # 4 pages
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3.
Name: Compagnie Financiere Rupert
Address: Rigistrasse 2
Zug 6300 Switzerland
Designated Filer: Richemont Finance S.A.
Issuer & Ticker Symbol: Hanover Direct, Inc. (HNV)
Date of Event Requiring Statement: June 1, 1998
Ownership Form: Indirect (affiliate)
Signature: /s/ Robert P. Wessely
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By: Robert P. Wessely
Its: Attorney-in-Fact
Page # 4 of # 4 pages
