DH TECHNOLOGY INC
SC 13D, 1997-10-14
ELECTRONIC COMPONENTS, NEC
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D

                    Under the Securities Exchange Act of 1934
                              (Amendment No. ___)*

                              DH Technology, Inc.
               (now known as Axiohm Transaction Solutions, Inc.)
                                (Name of Issuer)

                                  Common Stock
                         (Title of Class of Securities)

                                    054602107
                                 (CUSIP Number)

                               Jean-George Huglin
                             BP 675-1 rue d'Arcueil
                              92542 Montrouge Cedex
                                     France
                                    054602107
   (Name, Address and Telephone Number of Person Authorized to Receive Notices
                               and Communications)

                                 October 2, 1997
                      (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 / /.

Note:  Six copies of this statement, including all exhibits, should be filed
with the Commission.  See Rule 13d-1(a) for other parties to whom copies are to
be sent.

*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
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 ("Act") 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).

                                  SCHEDULE 13D
 CUSIP No.                                             Page  2 
 054602107


 1        NAMES OF REPORTING PERSONS S.S. OR
          I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

          Jean-George Huglin

 2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  (a) //
                                                             (b) /X/

 3        SEC USE ONLY



 4        SOURCE OF FUNDS*

          00

 5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS   //
          PURSUANT TO ITEMS 2(d) or 2(e)


 6        CITIZENSHIP OF PLACE OF ORGANIZATION

          France

 NUMBER OF SHARES      7  SOLE VOTING POWER
   BENEFICIALLY OWNED
    BY EACH                 373,178
   REPORTING
                       8  SHARED VOTING POWER
    PERSON
    WITH
                            0

                       9  SOLE DISPOSITIVE POWER

                            373,178

                      10  SHARED DISPOSITIVE POWER
                       
                            0

 11    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       373,178

 12    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW(11)
       EXCLUDES CERTAIN SHARES*                             //

         

 13    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

       5.73%

 14    TYPE OF REPORTING PERSON*

       IN
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
          INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
      (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.

SCHEDULE 13D

 CUSIP No.                                             Page  3 
 054602107

 1     NAMES OF REPORTING PERSONS S.S. OR
       I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS


       Tiefenbach S.A.

 2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*   (a) //
                                                           (b) /X/

 3     SEC USE ONLY



 4     SOURCE OF FUNDS*

       00
 5     CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS            
       PURSUANT TO ITEMS 2(d) or 2(e)                   //



 6     CITIZENSHIP OF PLACE OF ORGANIZATION

       Luxembourg

 NUMBER OF SHARES      7   SOLE VOTING POWER
   BENEFICIALLY OWNED
    BY EACH                  265,329
   REPORTING           8   SHARED VOTING POWER
    PERSON
    WITH                     0

                       9   SOLE DISPOSITIVE POWER

                              265,329

                       10  SHARED DISPOSITIVE POWER

                              0
 11    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

       265,329

 12    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW(11)
       EXCLUDES CERTAIN SHARES*                             //
         

 13    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

       5.73%

 14    TYPE OF REPORTING PERSON*

       00
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
          INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
      (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.


Item 1.   Security and Issuer.

          This Schedule 13D relates to the Common Stock, without par value (the
          "Stock"), of Axiohm Transaction Solutions, Inc. ("AXHM"), located at
          15070 Avenue of Science, San Diego, California 92128

Item 2.   Identity and Background.

          (a)  This Schedule 13D is filed on behalf of Jean-George Huglin and
               Tiefenbach, S.A., which is owned and controlled by Mr. Huglin.

          (b)  g, rue Emile Duclaux
               75015 Paris
               FRANCE

          (c)  ______________ of AXHM (designs, manufactures and sells
               transaction printers and mechanisms; 15070 Avenue of Science, San
               Diego, California 92128); and Director and Chairman of Axiohm
               S.A, a wholly-owned subsidiary of AXHM (designs, manufactures and
               sells transaction printers and thermal printing mechanisms; BP
               675-1 a 9, rue d'Arcuiel, 92542 Montrouge Cedex, France).

          (d)  During the past five years, Mr. Huglin has not been convicted in
               a criminal proceeding (excluding traffic violations and similar
               misdemeanors).

          (e)  During the last five years, Mr. Huglin has not been a party to a
               civil proceeding of a judicial or administrative body of
               competent jurisdiction as a result of which proceeding Urban was
               or is subject to (i) a judgement, decree or final order enjoining
               future violations of, or prohibiting or mandating activities
               subject to, federal or state securities laws or (ii) a finding of
               any violation with respect to such laws.

          (f)  Mr. Huglin is a French citizen.

Item 3.   Source and Amount of Funds or Other Considerations.

          On October 2, 1997, Mr. Huglin acquired beneficial ownership of
          107,849 shares of Stock directly and of 265,329 shares of Stock
          through Tiefenbach, S.A. through the exchange of 804 shares of Axiohm
          S.A. owned by him and of 1,978 shares of Axiohm S.A. held by
          Tiefenbach, S.A., which is controlled by Mr. Huglin.  

Item 4.   Purpose of Transaction.

          Mr. Huglin acquired the Stock as an investment.  Neither Mr. Huglin
          nor Tiefenbach, S.A., has any current plans with respect to the
          acquisition of additional shares of stock or an extraordinary
          transaction involving AXHM.  However, Mr. Huglin and/or Tiefenbach,
          S.A., may dispose of all or a portion of the shares of Stock held by
          them, if Mr. Huglin determines at any time that such disposition may
          be made at prices and on terms and conditions he believes to be
          favorable, and they may acquire additional shares of Stock if he
          determines at any time that such shares are available at prices and on
          terms and conditions he believes to be favorable.

Item 5.   Interest in Securities of the Issuer.

          (a)  373,178 shares, which represent 5.73% of the outstanding shares
               of Stock (based on 6,512,926 shares outstanding).

          (b)  Mr. Huglin has the sole power to vote and dispose of 107,849
               shares held directly and 265,329 shares held by Tiefenbach, S.A. 


          (c)  See Item 3.

          (d)  Not applicable.

          (e)  Not applicable.

Item 6.   Contracts, Arrangements, Understandings or Relationships with Respect
          to Securities of the Issuer.

          None.

Item 7.   Material to be filed as Exhibits.

          Not Applicable.

Signatures

  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.


October __, 1997
                                   Jean-George Huglin, for himself and
                                    Tiefenbach, S.A.



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