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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
PUBLICKER INDUSTRIES INC.
(Name of Issuer)
Common Stock, Par Value $5
(Title of Class of Securities)
744635103
(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).
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13G
CUSIP No. 744635103 Page 2 of 7 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FOREIGN & COLONIAL MANAGEMENT LIMITED
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[x]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
5 SOLE VOTING POWER
0
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 1,233,750
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH
8 SHARED DISPOSITIVE POWER
1,233,750
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,233,750
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.50%
12 TYPE OF REPORTING PERSON*
IA, CO
*SEE INSTRUCTION BEFORE FILLING OUT!
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13G
CUSIP No. 744635103 Page 3 of 7 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
HYPO FOREIGN & COLONIAL MANAGEMENT (HOLDINGS) LIMITED
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[x]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
5 SOLE VOTING POWER
0
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 1,233,750
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH
8 SHARED DISPOSITIVE POWER
1,233,750
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,233,750
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.50%
12 TYPE OF REPORTING PERSON*
HC, CO
*SEE INSTRUCTION BEFORE FILLING OUT!
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Page 4 of 7 Pages
Item 1:
(a) Publicker Industries Inc.
(b) 1445 East Putnam Avenue, Old Greenwich, Connecticut 06870
Item 2:
(a) Foreign & Colonial Management Limited ("F&C Limited") and Hypo
Foreign & Colonial Management (Holdings) Limited ("F&C
Holdings" and, together with F&C Limited, the "Reporting
Entities")
(b) The address of the principal business office of each of the
Reporting Entities is Exchange House, Primrose Street, London
EC2A 2NY, England.
(c) Each of the Reporting Entities is a corporation organized under
the laws of the United Kingdom.
(d) Common Stock, par value $5 per share ("Common Stock")
(e) 744635103
Item 3:
(e) As of February 3, 1995, F&C Limited is an Investment Adviser
registered under Section 203 of the Investment Advisers Act of
1940 ("Advisers Act").
(g) F&C Holdings is a Parent Holding Company, in accordance with
240.13d-1(b)(ii)(G) under the Exchange Act of 1934 ("Exchange
Act") (Note: See Item 7).
Item 4:
(a) 1,233,750 shares comprised of Common Stock
(b) 8.5%
(c) (i) none
(ii) 1,233,750
(iii) none
(iv) 1,233,750
Item 5: N/A
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Page 5 of 7 Pages
Item 6: Dividends received from, and proceeds from the sale of, Common
Stock, if any, by F&C Limited are allocated by F&C Limited to
the applicable accounts of its clients and are distributed or
retained in accordance with F&C Limited's investment management
agreements with those clients.
Item 7: F&C Holdings currently owns 100% of the outstanding capital
stock of F&C Limited. F&C Limited is filing pursuant to Rule
13d-1 (b)(1)(i)(E) under the Exchange Act as an Investment
Adviser registered under Section 203 of the Advisers Act. See
Exhibit I.
Item 8: N/A
Item 9: N/A
Item 10: 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 purposes or effect.
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Page 6 of 7 Pages
SIGNATURE
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: February 3, 1995
FOREIGN & COLONIAL MANAGEMENT
LIMITED
By:/s/ James A. Findlay
Name: James A. Findlay
Title: Director
HYPO FOREIGN & COLONIAL
MANAGEMENT (HOLDINGS) LIMITED
By:/s/ Robert G. Donkin
Name: Robert G. Donkin
Title: Secretary
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Page 7 of 7 Pages
Exhibit I
JOINT FILING AGREEMENT
This Joint Filing Agreement dated as at February 3, 1995 between Foreign
& Colonial Management Limited, a company organized under the laws of England,
and Hypo Foreign & Colonial Management (Holdings) Limited, a company also
organized under the laws of England (Collectively, the "Reporting Entities").
W I T N E S S E T H
WHEREAS, the Reporting Entities may be required to file a statement, and
amendments thereto, containing the information required by Schedule 13D or 13G
pursuant to Section 13(d) of the Securities Exchange Act 1934 (the "Exchange
Act"), and Rule 13d-1 promulgated thereunder, in connection with the
acquisition of shares of common stock of Publicker Industries Inc., a
Connecticut corporation, and
WHEREAS, pursuant to Paragraph (f) of Rule 13d-1, the undersigned desire
to satisfy any schedule 13D or 13G filing obligation under Rule 13d-1 by a
single joint filing,
NOW, THEREFORE, in consideration of the premises, the undersigned hereto
agree as follows:
1. The undersigned agree that any Statement on Schedule 13D or 13G to
which this Agreement is attached, and any Amendments to such Statement, are
filed on behalf on each one of them.
2. This Agreement may be executed in any number of counterparts and all
of such counterparts taken together shall be deemed to constitute one and the
same instrument.
IN WITNESS WHEREOF, the undersigned have caused this Agreement to be duly
executed and delivered on the date above indicated.
FOREIGN & COLONIAL MANAGEMENT
LIMITED
By:/s/ James A. Findlay
Name: James A. Findlay
Title: Director
HYPO FOREIGN & COLONIAL
MANAGEMENT (HOLDINGS) LIMITED
By:/s/ Robert G. Donkin
Name: Robert G. Donkin
Title: Secretary
