<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILEDPURSUANT
TO RULES 13D-1(B), (C), AND (D) AND AMENDMENTS
THERETO FILED PURSUANT TO 13D-2(B)
(Amendment No. )*
MAXICARE HEALTH PLANS, INC.
________________________________________________________________
(Name of issuer)
Common Stock, par value $.01 per share
________________________________________________________________
(Title of class of securities)
577904204
_____________________________
(CUSIP number)
December 31, 1999
_______________________________________________________
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
<PAGE>
-------------------
CUSIP No. 577904204 13G Page 2 of 21 Pages
-------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
J O Hambro Capital Management (Holdings) Limited
No I.R.S. Identification Number
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
England
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
1,998,700
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
1,998,700
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,998,700
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
11.2%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
HC, CO
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
-------------------
CUSIP No. 577904204 13G Page 3 of 21 Pages
-------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
J O Hambro Capital Management Limited
No I.R.S. Identification Number
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
England
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
1,998,700
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
1,998,700
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,998,700
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
11.2%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IA, CO
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
-------------------
CUSIP No. 577904204 13G Page 4 of 21 Pages
-------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Growth Financial Services Limited
No I.R.S. Identification Number
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
England
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
666,500
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
666,500
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
666,500
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
3.7%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
CO
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
-------------------
CUSIP No. 577904204 13G Page 5 of 21 Pages
-------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
North Atlantic Smaller Companies Investment Trust plc
No. I.R.S. Identification Number
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
England
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
666,500
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
666,500
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
666,500
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
3.7%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IV, CO
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
-------------------
CUSIP No. 577904204 13G Page 6 of 21 Pages
-------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
American Opportunity Trust plc
No I.R.S. Identification Number
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
England
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
260,000
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
260,000
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
260,000
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
1.5%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IV, CO
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
-------------------
CUSIP No. 577904204 13G Page 7 of 21 Pages
-------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Christopher Harwood Bernard Mills
No I.R.S. Indentification Number
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
England
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
1,998,700
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
1,998,700
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,998,700
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
11.2%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
-------------------
CUSIP No. 577904204 13G Page 8 of 21 Pages
-------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Oryx International Growth Fund Limited
No I.R.S. Identification Number
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Guernsey (Channel Islands)
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
235,000
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
235,000
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
235,000
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
1.3%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IV, CO
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
-------------------
CUSIP No. 577904204 13G Page 9 of 21 Pages
-------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Consulta (Channel Islands) Limited
No I.R.S. Identification Number
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Guernsey (Channnel Islands)
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
235,000
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
235,000
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
235,000
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
1.3%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IA, CO
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
-------------------
CUSIP No. 577904204 13G Page 10 of 21 Pages
-------------------
- ------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Trident North Atlantic Fund
No I.R.S. Identification Number
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [X]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Cayman Islands
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
127,000
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
127,000
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
127,000
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
0.7%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IV, CO
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
STATEMENT ON SCHEDULE 13G
-------------------------
ITEM 1(a). NAME OF ISSUER:
--------------
Maxicare Health Plans, Inc. (the "Company").
Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
-----------------------------------------------
1149 South Broadway Street, Suite 910, Los Angeles, California 90015.
ITEM 2(a). NAME OF PERSON FILING:
---------------------
This Statement is filed on behalf of the following nine persons, who are
collectively referred to as the "Filing Parties":
1. J O Hambro Capital Management (Holdings) Limited ("Holdings") is a
corporation organized under the laws of England with its principal office
and business at 10 Park Place, London SW1A 1LP England. Holdings functions
as the ultimate holding company for J O Hambro Capital Management.
2. J O Hambro Capital Management Limited ("J O Hambro Capital Management"),
formerly named J O Hambro & Partners Limited, is a corporation organized
under the laws of England with its principal office and business at
10 Park Place, London SW1A 1LP England. J O Hambro Capital Management is
principally engaged in the business of investment management and advising.
It serves as co-investment adviser to NASCIT and American Opportunity
Trust and as investment adviser to Oryx and investment manager to certain
private clients.
3. Christopher Harwood Bernard Mills is a British citizen whose business
address is 10 Park Place, London SW1A 1LP England. His principal
employment includes service as executive director of NASCIT, as a director
of J O Hambro Capital Management and Oryx, and as co-investment adviser to
NASCIT and American Opportunity Trust.
4. Growth Financial Services Limited ("GFS"), formerly named Growth
Investment Management Limited, is a corporation organized under the laws
of England with its principal office at 77 Middle Street, Brockham, Surrey
RH3 7HL England and with its principal business at 10 Park Place, London
SW1A 1LP England. GFS has undertaken to provide the services of
Christopher Harwood Bernard Mills to NASCIT.
5. North Atlantic Smaller Companies Investment Trust plc ("NASCIT"), formerly
named Consolidated Venture Trust plc, is a corporation organized under the
laws of England with its principal office and business at 10 Park Place,
London SW1A 1LP England. NASCIT is a publicly-held investment trust
company. Christopher Harwood Bernard Mills and J O Hambro Capital
Management serve as co-investment advisers to NASCIT.
6. American Opportunity Trust plc ("American Opportunity Trust"), formerly
named Leveraged Opportunity Trust plc, is a corporation organized under
the laws of England with its principal office and business at 10 Park
Place, London SW1A 1LP England. American Opportunity
Page 11 of 21 Pages
<PAGE>
Trust is a publicly-held investment trust company. Christopher Harwood
Bernard Mills and J O Hambro Capital Management serve as co-investment
advisers to American Opportunity Trust.
7. Oryx International Growth Fund Limited ("Oryx") is a corporation organized
under the laws of the Island of Guernsey with its principal office and
business at Bermuda House, St. Julian's Avenue, St. Peter Port, Guernsey.
Oryx is a closed-end investment company. J O Hambro Capital Management
serves as investment adviser to Oryx and Consulta serves as investment
manager to Oryx.
8. Consulta (Channel Islands) Limited ("Consulta") is a corporation organized
under the laws of the Island of Guernsey with its principal office and
business at Bermuda House, St. Julian's Avenue, St. Peter Port, Guernsey.
Consulta is principally engaged in the business of investment management
and advising and serving as investment manager to Oryx.
9. The Trident North Atlantic Fund ("Trident North Atlantic") is an open-
ended investment Company incorporated in the Cayman Islands with its
principal office and business at P.O. Box 309 Ugland House, George Town,
Grand Cayman, Cayman Islands. Trident is a publicly-held regulated Mutual
Fund. Christopher Harwood Bernard Mills serves as a director of Trident
and J O Hambro Capital Management serves as an investment adviser to
Trident.
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
-----------------------------------------------------------
The principal business address of the Filing Parties is c/o J O Hambro
Capital Management Limited, 10 Park Place, London SW1A 1LP England.
ITEM 2(c). CITIZENSHIP:
-----------
England
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
----------------------------
Common Stock, par value $.01 per share.
ITEM 2(e). CUSIP NUMBER:
------------
577904204
ITEM 3. IF THE STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b),
-----------------------------------------------------------------
CHECK WHETHER THE PERSON FILING IS A:
------------------------------------
Not Applicable.
ITEM 4. OWNERSHIP:
---------
The aggregate number and percentage of the outstanding Common Stock of the
Company beneficially owned by each of the Filing Parties as of December 31, 1999
are as follows:
Page 12 of 21 Pages
<PAGE>
<TABLE>
<CAPTION>
Number of Number of
Number of Shares: Shares: Sole
Aggregate Shares: Sole Shared or Shared
Filing Number of Power to Power to Power to Approximate
Party Shares: Vote Vote Dispose Percentage*
- ----------------------------- ---------- ------------ ------------ ----------- -----------
<S> <C> <C> <C> <C> <C>
Holdings 1,998,700 0 1,998,700 1,998,700 11.2%
J O Hambro Capital Management 1,998,700 0 1,998,700 1,998,700 11.2%
Christopher H.B. Mills 1,998,700 0 1,998,700 1,998,700 11.2%
American Opportunity Trust 260,000 0 260,000 260,000 1.5%
GFS 666,500 0 666,500 666,500 3.7%
NASCIT 666,500 0 666,500 666,500 3.7%
Oryx 235,000 0 235,000 235,000 1.3%
Consulta 235,000 0 235,000 235,000 1.3%
Trident North Atlantic 127,000 0 127,000 127,000 0.7%
- ----------------------------------------------------------------------------------------------------
</TABLE>
* Based on 17,925,381 shares of Common Stock, par value $.01 per share,
outstanding as of November 12, 1999, which is based on information reported in
the Company's Quarterly Report on Form 10-Q for the period ended September 30,
1999.
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 [ ].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
---------------------------------------------------------------
As co-investment advisers to NASCIT, Christopher Harwood Bernard Mills and
J O Hambro Capital Management share the right to transfer and vote the shares
of Common Stock of the Company pursuant to an agreement entered into among
NASCIT, GFS and Christopher Harwood Bernard Mills and an agreement entered into
between NASCIT and J O Hambro Capital Management, each dated as of January 7,
1993.
As co-investment advisers to American Opportunity Trust, Christopher
Harwood Bernard Mills and J O Hambro Capital Management share the right to
transfer and vote the shares of Common Stock of the Company pursuant to an
agreement dated as of January 7, 1993 between American Opportunity Trust and J
O Hambro Capital Management.
As investment manager for Oryx, Consulta has the right to transfer and vote
the shares of Common Stock of the Company pursuant to an agreement dated as of
February 16, 1995 between Oryx and Consulta. As investment adviser to Oryx, J O
Hambro Capital Management has the right
Page 13 of 21 Pages
<PAGE>
to transfer the shares of Common Stock of the Company pursuant to an agreement
dated as of February 16, 1995 between J O Hambro Capital Management and
Consulta.
As investment manager for certain of its private clients, J O Hambro
Capital Management has the right to transfer and vote the shares of Common Stock
of the Company pursuant to either agreements or arrangements entered into with
such private clients.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
----------------------------------------------------------------------
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
--------------------------------------------------------
Not Applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
---------------------------------------------------------
See Item 2(a).
ITEM 9. NOTICE OF DISSOLUTION OF 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 not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
Page 14 of 21 Pages
<PAGE>
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.
Dated: April 25, 2000 J O HAMBRO CAPITAL MANAGEMENT LIMITED
By: /s/ R.G. Barrett
_______________________________
Name: R.G. Barrett
Title: Director
Executed on behalf of the parties hereto pursuant
to the Joint Filing Agreement previously filed.
Page 15 of 21 Pages
<PAGE>
EXHIBITS
The following documents are filed herewith:
(a) Joint Filing Agreement dated as of April 25, 2000 among Holdings,
J O Hambro Capital Management, NASCIT, GFS, American Opportunity
Trust, Christopher Harwood Bernard Mills, Oryx, Consulta and Trident
North Atlantic.
Page 16 of 21 Pages
<PAGE>
JOINT FILING AGREEMENT
Page 17 of 21 Pages
<PAGE>
JOINT FILING AGREEMENT
The undersigned hereby agree that the Statement on Schedule 13G dated April 25,
2000 with respect to the shares of Common Stock, $0.01 par value, of Maxicare
Health Plans, Inc. and any further amendments thereto executed by each or any of
us shall be filed on behalf of each of us pursuant to and in accordance with the
provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as
amended.
This Agreement may be executed in separate counterparts, each of which shall be
deemed an original, but all of which shall constitute one and the same
instrument.
Date: April 25, 2000 NORTH ATLANTIC SMALLER COMPANIES
INVESTMENT TRUST PLC
By: J O Hambro Capital Management Limited,
Its investment advisor
/s/ R.G. Barrett
By:_______________________________
Name: R.G. Barrett
Title: Director
Date: April 25, 2000 J O HAMBRO CAPITAL MANAGEMENT LIMITED
/s/ R.G. Barrett
By:_______________________________
Name: R.G. Barrett
Title: Director
Date: April 25, 2000 J O HAMBRO & CAPITAL MANAGEMENT
(HOLDINGS) LIMITED
/s/ R.G. Barrett
By:_______________________________
Name: R.G. Barrett
Title: Director
Page 18 of 21 Pages
<PAGE>
Date: April 25, 2000 GROWTH FINANCIAL SERVICES LIMITED
/s/ C.H.B. Mills
By:_______________________________
Name: C.H.B. Mills
Title: Director
Date: April 25, 2000 AMERICAN OPPORTUNITY TRUST PLC
By: J O Hambro Capital Management Limited,
Its investment advisor
/s/ R.G. Barrett
By:_______________________________
Name: R.G. Barrett
Title: Director
Date: April 25, 2000 CHRISTOPHER H. B. MILLS
/s/ C.H.B. Mills
_______________________________
Date: April 25, 2000 ORYX INTERNATIONAL GROWTH FUND
LIMITED
By: J O Hambro Capital Management Limited,
Its investment advisor
/s/ R.G. Barrett
By:_______________________________
Name: R.G. Barrett
Title: Director
Date: April 25, 2000 CONSULTA (CHANNEL ISLANDS) LTD
/s/ Barry Carroll
By:_______________________________
Name: Barry Carroll
Title: Director
Page 19 of 21 Pages
<PAGE>
Date: April 25, 2000 THE TRIDENT NORTH ATLANTIC FUND
By: J O Hambro Capital Management Limited,
Its investment advisor
/s/ R.G. Barrett
By:_______________________________
Name: R.G. Barrett
Title: Director
Page 20 of 21 Pages
