<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Publicard, Inc.
---------------
(Name of Issuer)
Common Stock, Par Value $0.10
-----------------------------
(Title of Class of Securities)
744627100
---------
(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:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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 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).
Page 1 of 6 Pages
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- ------------------- -----------------
CUSIP No. 744627100 13G Page 2 of 6 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 (SEE INSTRUCTIONS)
(a) [ ]
(b) [X]
- ---------- ---------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
- -------------------- ------ ----------------------------------------------------
5 SOLE VOTING POWER
------ ----------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 728,450
OWNED BY ------ ----------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON
WITH ------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
728,450
- ---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
728,450
- ---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
- ---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Less than 5%
- ---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IA, CO
- ---------- ---------------------------------------------------------------------
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- ------------------- -----------------
CUSIP No. 744627100 13G Page 3 of 6 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 (SEE INSTRUCTIONS)
(a) [ ]
(b) [X]
- ---------- ---------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
- -------------------- ------ ----------------------------------------------------
5 SOLE VOTING POWER
------ ----------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 728,450
OWNED BY ------ ----------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON
WITH ------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
728,450
- ---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
728,450
- ---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
- ---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
Less than 5%
- ---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
HC, CO
- ---------- ---------------------------------------------------------------------
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Item 1(a): Name of Issuer:
- ---------- ---------------
Publicard, Inc. (formerly known as Publicker
Industries, Inc., former CUSIP No. 744635103)
Item 1(b): Address of Issuer's Principal Executive Offices:
- ---------- ------------------------------------------------
One Post Road
Fairfield, Connecticut 06430
Item 2(a) Name of Person Filing
- --------- ---------------------
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")
Item 2(b): Address of Principal Business Office:
- ---------- -------------------------------------
The address of the principal business office
of each of the Reporting Entities is
Exchange House, Primrose Street, London EC2A
2NY, England
Item 2(c): Citizenship:
- ---------- ------------
Each of the Reporting Entities is a
corporation organized under the laws of the
United Kingdom.
Item 2(d): Title of Class of Securities:
- ---------- -----------------------------
Common Stock, par value $0.10 per share ("Common Stock")
Item 2(e): CUSIP Number:
- ---------- -------------
744627100
Item 3: (e) F&C Limited is an Investment Adviser in
- ------- accordance wit ss. 240.13d-1(b)(1)(ii)(E)
(g) F&C Holdings is a Parent Holding Company,
in accordance with ss. 240.13d-1(b)(1)(ii)(G)
(Note: See Item 7).
Item 4: Ownership:
- ------- ----------
(a) Amount beneficially owned: 728,450
(b) Percent of class: Less than 5%.
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct
the vote: 0
(ii) Shared power to vote or to direct
the vote: 728,450
(iii) Sole power to dispose or to
direct the disposition of: 0
(iv) Shared power to dispose or to
direct the disposition of:
728,450
Page 4 of 6 Pages
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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 [X]
Item 6: Ownership of More than Five Percent on
- ------- --------------------------------------
Behalf of Another Person:
-------------------------
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: Identification and Classification of the Subsidiary
- ------- ---------------------------------------------------
Which Acquired the Security Being Reported on
---------------------------------------------
By the Parent Holding Company:
------------------------------
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)(ii)(E) under the Exchange Act as
an Investment Adviser registered under
Section 203 of the Investment Advisers Act of
1940. A Joint Filing Agreement was executed
to this effect on February 3, 1995 and was
filed as Exhibit I to the Schedule 13G filed
for the Reporting Entities on February 3,
1995 which is incorporated herein by
reference.
Item 8: Identification and Classification of
- ------- ------------------------------------
Members of the Group:
---------------------
Not Applicable.
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 acquired and are held
in the ordinary course of business and 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 5 of 6 Pages
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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 2, 2000
FOREIGN & COLONIAL MANAGEMENT LIMITED
By: /s/ D.S. Manning
------------------------------
Name: D.S. Manning
Title: Director
HYPO FOREIGN & COLONIAL MANAGEMENT
(HOLDINGS) LIMITED
By: /s/ R.T. Hostler
------------------------------
Name: R.T. Hostler
Title: Secretary
Page 6 of 6 Pages
