SIGNET GROUP PLC
SC 13G/A, 2000-02-14
JEWELRY STORES
Previous: DRUG EMPORIUM INC, SC 13G, 2000-02-14
Next: INDIA GROWTH FUND INC, SC 13G, 2000-02-14






                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                  ____________

                                 SCHEDULE 13G/A

                    Under the Securities Exchange Act of 1934

                                (Amendment No. 2)

                                Signet Group plc.
                                (Name of issuer)

                                 Ordinary Shares
                         (Title of class of securities)

                                    82668L872
                                 (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:

                               | | Rule 13d-1 (b)
                               |X| Rule 13d-1 (c)
                               | | Rule 13d-1 (d)


<PAGE>

                                       13G
CUSIP No. 82668L872                                            Page 2 of 8 Pages


 ---- -------------------------------------------------------------------------
| 1  |   NAME OF REPORTING PERSON                                              |
|    |   S.S. OR I.R.S.IDENTIFICATION NO. OF ABOVE PERSON                      |
|    |                                                                         |
|    |   Deutsche Bank A.G.                                                    |
 ---- -------------------------------------------------------------------------
| 2  |   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP              (a) |_| |
|    |                                                                 (b) |_| |
 ---- -------------------------------------------------------------------------
| 3  |   SEC USE ONLY                                                          |
|    |                                                                         |
 ---- -------------------------------------------------------------------------
| 4  |   CITIZENSHIP OR PLACE OF ORGANIZATION                                  |
|    |                                                                         |
|    |   Federal Republic of Germany                                           |
- -------------------------------------------------------------------------------
| NUMBER       | 5  |   SOLE VOTING POWER                                      |
| OF           |    |   0                                                      |
 ------------------------------------------------------------------------------
| SHARES       |    |                                                          |
| BENEFICIALLY | 6  |   SHARED VOTING POWER                                    |
| OWNED        |    |   191,238,561                                            |
 ------------------------------------------------------------------------------
| BY           |    |                                                          |
| EACH         | 7  |   SOLE DISPOSITIVE POWER                                 |
| REPORTING    |    |   0                                                      |
 ------------------------------------------------------------------------------
| PERSON       |    |                                                          |
| WITH         | 8  |   SHARED DISPOSITIVE POWER                               |
|              |    |          207,768,241                                     |
 ------------------------------------------------------------------------------
| 9  | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON            |
|    |                                                                         |
|    | 207,768,241*                                                            |
 ---- -- ----------------------------------------------------------------------
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES                   |
|    | CERTAIN SHARES                                                          |
 ---- -------------------------------------------------------------------------
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)                       |
|    |                                                                         |
|    | 12.4%**                                                                 |
 ---- -------------------------------------------------------------------------
| 12 | TYPE OF REPORTING PERSON                                                |
|    |                                                                         |
|    | HC, BK, CO                                                              |
 ---- -------------------------------------------------------------------------

*  Included  in this  figure  are the  securities  reported  by  Deutsche  Asset
   Management Group Limited on the following cover page.

** Included in this  percentage  is the  percentage  of  securities  reported by
   Deutsche Asset Management Group Limited on the following cover page.

<PAGE>

                                       13G
CUSIP No. 82668L872                                            Page 3 of 8 Pages


 ---- -------------------------------------------------------------------------
| 1  |   NAME OF REPORTING PERSON                                              |
|    |   S.S. OR I.R.S.IDENTIFICATION NO. OF ABOVE PERSON                      |
|    |                                                                         |
|    |   Deutsche Asset Management Group Limited                               |
 ---- -------------------------------------------------------------------------
| 2  |   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP              (a) |_| |
|    |                                                                 (b) |_| |
 ---- -------------------------------------------------------------------------
| 3  |   SEC USE ONLY                                                          |
|    |                                                                         |
 ---- -------------------------------------------------------------------------
| 4  |   CITIZENSHIP OR PLACE OF ORGANIZATION                                  |
|    |                                                                         |
|    |   United Kingdom                                                        |
- -------------------------------------------------------------------------------
| NUMBER       | 5  |   SOLE VOTING POWER                                      |
| OF           |    |   0                                                      |
 ------------------------------------------------------------------------------
| SHARES       |    |                                                          |
| BENEFICIALLY | 6  |   SHARED VOTING POWER                                    |
| OWNED        |    |   180,387,492                                            |
 ------------------------------------------------------------------------------
| BY           |    |                                                          |
| EACH         | 7  |   SOLE DISPOSITIVE POWER                                 |
| REPORTING    |    |   0                                                      |
 ------------------------------------------------------------------------------
| PERSON       |    |                                                          |
| WITH         | 8  |   SHARED DISPOSITIVE POWER                               |
|              |    |   196,618,492                                            |
 ------------------------------------------------------------------------------
| 9  | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON            |
|    |                                                                         |
|    | 196,618,492                                                             |
 ---- -- ----------------------------------------------------------------------
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES                   |
|    | CERTAIN SHARES                                                      |_| |
 ---- -------------------------------------------------------------------------
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)                       |
|    |                                                                         |
|    | 11.7%                                                                   |
 ---- -------------------------------------------------------------------------
| 12 | TYPE OF REPORTING PERSON                                                |
|    |                                                                         |
|    | HC                                                                      |
 ---- -------------------------------------------------------------------------
<PAGE>


Item 1(a).          Name of Issuer:
                    Signet Group plc. (the "Issuer")

Item 1(b).          Address of Issuer's Principal Executive Offices:

                    The address of the Issuer's  principal  executive offices is
                    Zenith House, The Hyde, London, NW9 6EW, United Kingdom.

Item 2(a).          Name of Person Filing:

                    This  statement  is  filed on  behalf  of  Deutsche  Bank AG
                    ("DBAG")  and  Deutsche  Asset   Management   Group  Limited
                    ("DAMG") (DBAG and DAMG together,  the "Reporting Persons").
                    This  Schedule   13G/A  is  being  filed  pursuant  to  Rule
                    13d-2(b).

Item 2(b).          Address of Principal Business Office or, if none, Residence:

                    The principal place of business of DBAG is Taunusanlage  12,
                    D-60325, Frankfurt am Main, Federal Republic of Germany.

                    The  principal  place  of  business  of DAMG is 20  Finsbury
                    Circus, London, EC2M 1NB, England.

Item 2(c).          Citizenship:

                    The  citizenship  of each of the  Reporting  Persons  is set
                    forth on the applicable cover page.

Item 2(d).          Title of Class of Securities:

                    The title of the securities is ordinary  shares,  which also
                    includes  securities held in the form of American Depository
                    Receipts (the "Ordinary Shares").

Item 2(e).          CUSIP Number:

                    The CUSIP number of the Ordinary Shares is set forth on each
                    cover page.

Item 3              If this  statement is filed pursuant to Rules  13d-1(b),  or
                    13d-2(b) or (c), check whether the person filing is a:

                    (a) |_| Broker or dealer  registered under section 15 of the
                            Act;

                    (b) |_| Bank as defined in section 3(a)(6) of the Act;

                    (c) |_| Insurance  Company as defined in section 3(a)(19) of
                            the Act;

                    (d) |_| Investment Company registered under section 8 of the
                            Investment Company Act of 1940;

                    (e) |_| An investment  adviser in accordance with Rule 13d-1
                            (b)(1)(ii)(E);

                    (f) |_| An  employee  benefit  plan,  or  endowment  fund in
                            accordance with Rule 13d-1 (b)(1)(ii)(F);

                    (g) |_| A  parent  holding  company  or  control  person  in
                            accordance with Rule 13d-1 (b)(1)(ii)(G);

                    (h) |_| A savings  association as defined in section 3(b) of
                            the Federal Deposit Insurance Act;

                    (i) |_| A church plan that is excluded  from the  definition
                            of an  investment  company  under  section  3(c)(14)
                            of the Investment Company Act of 1940;

                    (j) |_| Group, in accordance with Rule 13d-1 (b)(1)(ii)(J).

                    If this statement is filed pursuant to Rule 13d-1 (c), check
                    this box. |X|

Item 4.             Ownership.

                    (a) Amount beneficially owned:

                    Each  of  the  Reporting  Persons  owns  the  amount  of the
                    Ordinary Shares as set forth on the applicable cover page.

                    (b) Percent of class:

                    Each of the  Reporting  Persons owns the  percentage  of the
                    Ordinary Shares as set forth on the applicable cover page.

                    (c) Number of shares as to which such person has:

                        (i) sole power to vote or to direct the vote:

                            Each of the Reporting  Persons has the sole power to
                            vote or direct  the vote of the  Ordinary  Shares as
                            set forth on the applicable cover page.

                       (ii) shared power to vote or to direct the vote:

                            Each of the  Reporting  Persons has the shared power
                            to vote or direct the vote of the Ordinary Shares as
                            set forth on the applicable cover page.

                      (iii) sole  power to dispose or  to direct the disposition
                            of:

                            Each of the Reporting  Persons has the sole power to
                            dispose or direct the  disposition  of the  Ordinary
                            Shares as set forth on the applicable cover page.

                       (iv) shared power to dispose or to direct the disposition
                            of:

                            Each of the  Reporting  Persons has the shared power
                            to dispose or direct the disposition of the Ordinary
                            Shares as set forth on the applicable cover page.

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.

                    Investment  management clients of the Reporting Persons have
                    the ultimate right to any dividends from Ordinary Shares and
                    the proceeds from the sale of Ordinary Shares.

Item 7              Identification  and  Classification  of the Subsidiary Which
                    Acquired  the  Security  Being  Reported  on by  the  Parent
                    Holding Company.

                    The  following  are  subsidiaries  of DBAG and/or DAMG which
                    hold  ordinary  shares  included in the figures on the cover
                    pages: Deutsche Asset Management Limited,  Morgan Grenfell &
                    Co. Ltd. and Deutsche Bank AG London.

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 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>


                                    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 14, 2000



                                          DEUTSCHE BANK AG



                                          By:/s/ Dr. Dieter Eisele
                                             -----------------------------------
                                             Name:   Dr. Dieter Eisele
                                             Title:  Group Head of Compliance



                                          By:/s/ Dr. Rainer Grimberg
                                             -----------------------------------
                                             Name:   Dr. Rainer Grimberg
                                             Title:  Vice President



<PAGE>
                                                                       EXHIBIT 1




               Consent of Deutsche Asset Management Group Limited

          The  undersigned  agrees that the Schedule  13G/A executed by Deutsche
Bank AG to which this  statement is attached as an exhibit is filed on behalf of
Deutsche Bank AG and Deutsche Asset  Management  Group Limited  pursuant to Rule
13d-1(k)(1) of the Securities Exchange Act of 1934.

Dated:  February 14, 2000


                                         DEUTSCHE ASSET MANAGEMENT GROUP LIMITED


                                         By:/s/ William Slattery
                                            ------------------------------------
                                            Name:   William Slattery
                                            Title:  Head of Business Risk





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission