UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 5)
Exide Electronics Group, Inc.
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(Name of Issuer)
Common Stock, $.01 Par Value
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(Title of Class of Securities)
302052
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(CUSIP NUMBER)
Diane S. Eismont
Secretary
DQE, Inc.
Cherrington Corporate Center, Suite 100
500 Cherrington Parkway
Coraopolis, Pennsylvania 15108
(412) 262-4700
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
with a copy to:
Victor A. Roque, Esq.
Vice President and General Counsel
DQE, Inc.
Cherrington Corporate Center, Suite 100
500 Cherrington Parkway
Coraopolis, Pennsylvania 15108
October 23, 1995
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(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 [ ].
Check the following box if a fee is being paid with the statement
[ ].
The information required in 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, as amended (the "Act"),
or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act.
<PAGE>
SCHEDULE 13D
CUSIP No. 302052 Page 2 of 7 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DQE, INC.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
AF/WC (See Item 3)
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Pennsylvania
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NUMBER OF 7 SOLE VOTING POWER
SHARES 0
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,043,750 shares (See Item 5)
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
--------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,043,750 shares (See Item 5)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,043,750 shares (See Item 5)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.5%
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14 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
CUSIP No. 302052 Page 3 of 7 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
DUQUESNE ENTERPRISES, INC.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
-----------------------------------------------------------------
3 SEC USE ONLY
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4 SOURCE OF FUNDS*
AF/WC (See Item 3)
-----------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
-----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Pennsylvania
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NUMBER OF 7 SOLE VOTING POWER
SHARES 0
--------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,043,750 shares (See Item 5)
--------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
--------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
1,043,750 shares (See Item 5)
-----------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,043,750 shares (See Item 5)
-----------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
-----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.5%
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14 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
CUSIP No. 302052 Page 4 of 7 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
THOMAS A. HURKMANS
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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NUMBER OF 7 SOLE VOTING POWER
SHARES 2,526 shares (See Item 5)
--------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 2,526 shares (See Item 5)
--------------------------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER
0
-----------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,526 shares (See Item 5)
-----------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
-----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.03%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Page 5 of 7
Pursuant to Rule 13d-2 of the General Rules and Regulations
under the Securities Exchange Act of 1934, this Amendment No. 5
amends the Schedule 13D filed with the Commission on February 21,
1995 (the "Statement"), as amended by Amendment No. 1 to the
Statement filed with the Commission on April 14, 1995 ("Amendment
No. 1") and Amendment No. 2 to the Statement filed with the
Commission on April 27, 1995 ("Amendment No. 2") and Amendment
No. 3 to the Statement filed with the Commission on June 9, 1995
("Amendment No. 3") and Amendment No. 4 to the Statement filed
with the Commission on October 5, 1995 ("Amendment No. 4") with
respect to the common stock, par value $.01 per share (the
"Common Stock"), of Exide Electronics Group, Inc., a Delaware
corporation (the "Issuer"). Terms used and not otherwise
defined herein shall have the respective meanings set forth
in the Statement.
Item 1. Security and Issuer
-------------------
The information to be provided in Item 1 has not changed
since the filing of Amendment No. 4.
Item 2. Identity and Background
-----------------------
The information to be provided in Item 2 has not changed
since the filing of Amendment No. 4.
Item 3. Source and Amount of Funds
--------------------------
Except as otherwise expressly indicated below, the
information to be provided in Item 3 has not changed since the
filing of Amendment No. 4.
Duquesne Enterprises is the beneficial owner of 1,043,750
shares of the Common Stock. Since the filing of Amendment No. 4,
Duquesne Enterprises has acquired, in open-market transactions,
an additional 110,000 shares of Common Stock as follows:
Date Shares Price/share Aggregate Purchase
---- ------ ----------- ------------------
Acquired Price
-------- -----
October 23, 1995 75,000 $19.875 $ 1,490,625
October 28, 1995 35,000 $18.625 651,875
The source of funds used for Duquesne Enterprises' purchases
of the shares of Common Stock was the working capital of Duquesne
Enterprises, which consisted partly of contributions to capital
from DQE and funds from a revolving credit facility with an
affiliate.
<PAGE>
Page 6 of 7
Item 4. Purpose of the Transaction
--------------------------
The information to be provided in Item 4 has not changed
since the filing of Amendment No. 4.
Item 5. Interest in Securities of the Issuer
------------------------------------
Except as otherwise expressly indicated below, the
information to be provided in Item 5 has not changed since the
filing of Amendment No. 4.
Through Duquesne Enterprises, DQE beneficially owns
1,043,750 shares of Common Stock representing approximately 12.5%
of the outstanding shares of Common Stock. Duquesne Enterprises
beneficially owns 1,043,750 shares of Common Stock representing
approximately 12.5% of the outstanding shares of Common Stock.
For detailed information on Duquesne Enterprises' acquisition of
these shares, see Item 3 above.
The percentages of ownership of DQE, Duquesne Enterprises
and Hurkmans, respectively, are based on 8,373,165 outstanding
shares of the Issuer's Common Stock as of July 31, 1995, as
stated in the Issuer's Quarterly Report on Form 10-Q for the
quarter ended June 30, 1995.
Item 6. Contracts, Arrangements, Understandings or Relationships
--------------------------------------------------------
with Respect to Securities of the Issuer
----------------------------------------
The information to be provided in Item 6 has not changed
since the filing of Amendment No. 4.
Item 7. Material to be Filed as Exhibits
--------------------------------
The information to be provided in Item 7 has not changed
since the filing of Amendment No. 4.
<PAGE>
Page 7 of 7
Signatures
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After reasonable inquiry and to the best of the knowledge
and belief of each of the undersigned Reporting Persons, each of
the undersigned Reporting Persons certifies that the information
set forth in this statement with respect to it, or him, as the
case may be, is true, complete and correct.
Dated: November 2 , 1995
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DQE, INC.
By: /s/ Gary L. Schwass
-------------------------------
Name: Gary L. Schwass
Title: Executive Vice President
DUQUESNE ENTERPRISES, INC.
By: /s/ James D. Mitchell
-------------------------------
Name: James D. Mitchell
Title: Chairman of the Board
THOMAS A. HURKMANS
/s/ Thomas A. Hurkmans
-----------------------------------
