U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM 4
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
MGD, Holdings Ltd.
Victoria Hall, 11 Victoria Street
Hamilton, Bermuda HMEX
2. Issuer Name and Ticker or Trading Symbol
Republic Industries, Inc.
RWIN
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
June, 1996
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer (Check all applicable)
( ) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Year |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock |* |J |V|10,100,000* |A | |20,200,000 |D | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Year |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock Mgmt. War|4.50* |8/28/|J |V|800,000* |A |(1) |6/30/|Common Stock|800,000| |1,600,000 |D | |
rant (Right to Buy) | |91 | | | | | |2000 | | | | | | |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
* On May 28, 1996, the common stock of Republic Industries, Inc. split
2-for-1, resulting in the reporting person's
acquisition of twice the number of securities owned and twice the number of
options and warrants previously
granted at an exercise price adjusted to reflect the stock
split.
(1) Warrants granted are exercisable at a rate of 25% commencing 6/30/92 with
each fully-vested portion expiring
four years following its date of
vesting.
SIGNATURE OF REPORTING PERSON
MGD Holdings Ltd., by: Michael G. DeGroote
DATE
July 3, 1996
