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OMB APPROVAL
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OMB NUMBER: 3235-0145
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
------------
GOVETT STRATEGIC INVESTMENT TRUST PLC
- -------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value pound sterling 0.10 per share
- -------------------------------------------------------------------------------
(Title of Class of Securities)
383792207
-------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [X]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
*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 the
disclosures provided in a prior cover page.
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 ("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).
Ppage 1 of 10 pages
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CUSIP No. 383792207 13G Page 2 of 10 Pages
----------------------- ----- ------
<TABLE>
<S> <C>
- -------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
B.A.T Industries p.l.c.
- -------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
England
- -------------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
-----------------------------------------------------------------------------------------------------
6 SHARED VOTING POWER
NUMBER OF
SHARES 7,500,000
BENEFICIALLY
OWNED BY -----------------------------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
WITH
-----------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,500,000
- -------------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,500,000
- -------------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
N.A.
- -------------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.64%
- -------------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 10 pages
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CUSIP No. 383792207 13G Page 3 of 10 Pages
----------------------- ----- ------
<TABLE>
<S> <C>
- -------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Allied Dunbar Unit Trusts plc
- -------------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
England
- -------------------------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
-------------------------------------------------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 7,500,000
OWNED BY
EACH --------------------------------------------------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH -0-
-------------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,500,000
- -------------------------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,500,000
- -------------------------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
N.A.
- -------------------------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.64%
- -------------------------------------------------------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IC
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 10 pages
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<TABLE>
<S> <C>
Item 1 (a). Name of Issuer:
- ----------
GOVETT STRATEGIC INVESTMENT TRUST PLC
Item 1 (b). Address of Issuer's Principal Executive Office:
- ----------
Shackleton House
4 Battle Bridge Lane
London SE 1 2HR
England
Item 2(a). Name of Person Filing:
- ---------
B.A.T Industries p.l.c., an English corporation ("B.A.T"), and Allied Dunbar Unit Trusts plc
("Allied Dunbar"), an English corporation; Allied Dunbar, a subsidiary of B.A.T, is the beneficial
owner of the Issuer's securities identified in Item 2(d) below through various subsidiaries of
Allied Dunbar, by insurance exchanges for which Allied Dunbar acts as attorney-in-fact or by
benefit plans for employees of Allied Dunbar and its investment funds for which Allied Dunbar acts
as manager and investment adviser and exercises investment discretion. No such entity
beneficially owns in excess of 5% of the class of shares in respect of which this report is being
made; and B.A.T may be deemed to be the indirect beneficial owner of such securities by indirectly
owning 100% of the issued and outstanding shares of Allied Dunbar through B.A.T's wholly-owned
subsidiary, British American Financial Services (U.K. and International) Limited. The filing of
this statement by B.A.T shall not be construed as an admission that B.A.T is, for the purposes of
Section 13(d) or 13(g) of the Act or under the laws or regulations of the United Kingdom, the
beneficial owner of any securities covered by this statement.
Item 2(b). Address of Principal Business Office or, if none, Residence:
- ---------
B.A.T Industries p.l.c.
Windsor House
50 Victoria Street
London SW1H ONL
England
Allied Dunbar Unit Trusts plc
Allied Dunbar Centre
Swindon SN1 1EL
England
Item 2(c). Citizenship:
- ---------
B.A.T Industries p.l.c. - England
Allied Dunbar Unit Trusts p.l.c. - England
</TABLE>
Page 4 of 10 pages
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<TABLE>
<S> <C>
Item 2(d). Title of Class of Securities:
- ---------
Common stock, par value pound sterling 0.10 per share
Item 2(e). CUSIP Number:
- ---------
383792207
Item 3. This statement is filed pursuant to Rule 13d-1(b) by B.A.T, a Parent Holding Company, in
- ------
accordance with Rule 13d-1(b)(ii)(G), and by Allied Dunbar, an Insurance Company (as defined in
Section 3(a)(19) of the Act) incorporated under the laws of England.
Item 4. Ownership:
- ------
(a) Amount Beneficially Owned:
7,500,000
The shares being reported were acquired by various subsidiaries of Allied Dunbar by
insurance exchanges for which Allied Dunbar acts as attorney-in-fact or by benefit plans
for employees of Allied Dunbar and its investment funds for which Allied Dunbar acts as
manager and investment adviser and exercises investment discretion. No such entity
beneficially owns in excess of 5% of the class of shares in respect of which this report
is being made.
(b) Percent of Class:
7.64%
(c) Number of shares as to which person has:
(i) Sole voting power: -0-
(ii) Shared voting power: 7,500,000
(iii) Sole disposition power: -0-
(iv) Shared disposition power: 7,500,000
</TABLE>
Page 5 of 10 pages
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<TABLE>
<S> <C>
Item 5. Ownership of Five Percent or Less of a Class:
- ------
Not Applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
- ------
Not Applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the
- ------ Parent Holding Company:
See Exhibit I.
Item 8. Identification and Classification of Members of the Group:
- ------
Not Applicable.
Item 9. Notice of Dissolution of the 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 acquired in the ordinary course of business and were not acquired for the purpose of
and do not have the effect of changing or influencing the control of the issuer of such securities
and were not acquired in connection with or as a participant in any transaction having such
purpose or effect.
</TABLE>
Page 6 of 10 pages
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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.
B.A.T INDUSTRIES p.l.c.
Dated February 5, 1997 By: /s/ Anthony Robert Holliman
-------------------------------------
Name: Anthony Robert Holliman
Title: Assistant Corporate Secretary
Page 7 of 10 pages
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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.
For and on behalf of
ALLIED DUNBAR UNIT TRUSTS plc
Dated February 5, 1997 By: /s/ Ross MacLean
------------------------------
Name: Ross MacLean
Title: Assistant Co. Secretary-
Threadneedle Investment
Managers Limited
Page 8 of 10 pages
<PAGE> 9
Exhibit Index
<TABLE>
<CAPTION>
Exhibit Description Page Number
- ------- ----------- -----------
<S> <C> <C>
I Identification and Classification of Subsidiaries 10
</TABLE>
Page 9 of 10 pages
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Exhibit I
This statement is filed pursuant to Rule 13d-1(b) by B.A.T Industries p.l.c., a
Parent Holding Company, in accordance with Rule 13d-1(b)(1)(ii)(G), with
respect to securities held by Allied Dunbar Unit Trusts plc, an Insurance
Company (as defined in Section 3(a)(19) of the Act) incorporated under the laws
of England.
Page 10 of 10 pages
