UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
CELADON GROUP, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
150838100
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(CUSIP Number)
FEBRUARY 28, 2000
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(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)
* 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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CUSIP No. 150838100 Page 2 of 14
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1 Names of Reporting Persons/I.R.S. Identification Nos. of Above
Persons (Entities Only)
FERNANDO MONTERO DEFINED BENEFIT PENSION TRUST
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2 Check the Appropriate Box if a Member of a Group (a) : [X]
(b) : [ ]
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3 SEC Use Only
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4 Citizenship or Place of Organization
NOT APPLICABLE
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5 Sole Voting Power
NUMBER OF
SHARES 0
BENEFICIALLY --------------------------------------------------
OWNED BY 6 Shared Voting Power
EACH
REPORTING 18,100
PERSON --------------------------------------------------
WITH 7 Sole Dispositive Power
0
--------------------------------------------------
8 Shared Dispositive Power
18,100
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
18,100 (INDIVIDUALLY)
508, 200 (TOTAL GROUP SHARES)
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10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares
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11 Percent of Class Represented by Amount in Row (9)
.2% (INDIVIDUALLY)
6.5% (TOTAL GROUP SHARES)
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12 Type of Reporting Person (SEE Instructions)
OO
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CUSIP No. 150838100 Page 3 of 14
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1 Names of Reporting Persons/I.R.S. Identification Nos. of Above
Persons (Entities Only)
FERNANDO MONTERO, TRUSTEE
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2 Check the Appropriate Box if a Member of a Group (a) : [X]
(b) : [ ]
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3 SEC Use Only
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4 Citizenship or Place of Organization
PERU
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5 Sole Voting Power
NUMBER OF
SHARES 0
BENEFICIALLY --------------------------------------------------
OWNED BY 6 Shared Voting Power
EACH
REPORTING 18,100
PERSON --------------------------------------------------
WITH 7 Sole Dispositive Power
0
--------------------------------------------------
8 Shared Dispositive Power
18,100
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
18,100* (INDIVIDUALLY)
508,200 (TOTAL GROUP SHARES)
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10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares
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11 Percent of Class Represented by Amount in Row (9)
.2%* (INDIVIDUALLY)
6.5% (TOTAL GROUP SHARES)
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12 Type of Reporting Person (SEE Instructions)
IN
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* Reflects 18,100 shares held of record by the Fernando Montero Defined
Benefit Pension Trust, of which Mr. Fernando Montero is a Trustee.
<PAGE>
CUSIP No. 150838100 Page 4 of 14
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1 Names of Reporting Persons/I.R.S. Identification Nos. of Above
Persons (Entities Only)
CECILIA MONTERO, TRUSTEE
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2 Check the Appropriate Box if a Member of a Group (a) : [X]
(b) : [ ]
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3 SEC Use Only
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4 Citizenship or Place of Organization
PERU
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5 Sole Voting Power
NUMBER OF
SHARES 0
BENEFICIALLY --------------------------------------------------
OWNED BY 6 Shared Voting Power
EACH
REPORTING 18,100
PERSON --------------------------------------------------
WITH 7 Sole Dispositive Power
0
--------------------------------------------------
8 Shared Dispositive Power
18,100
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
18,100* (INDIVIDUALLY)
508,200 (TOTAL GROUP SHARES)
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10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares
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11 Percent of Class Represented by Amount in Row (9)
.2%* (INDIVIDUALLY)
6.5% (TOTAL GROUP SHARES)
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12 Type of Reporting Person (SEE Instructions)
IN
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* Reflects 18,100 shares held of record by the Fernando Montero Defined
Benefit Pension Trust, of which Mrs. Cecilia Montero is a Trustee.
<PAGE>
CUSIP No. 150838100 Page 5 of 14
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1 Names of Reporting Persons/I.R.S. Identification Nos. of Above
Persons (Entities Only)
VIZCAYA INVESTMENTS, INC.*
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2 Check the Appropriate Box if a Member of a Group (a) : [X]
(b) : [ ]
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3 SEC Use Only
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4 Citizenship or Place of Organization
BRITISH VIRGIN ISLANDS
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5 Sole Voting Power
NUMBER OF
SHARES 389,800
BENEFICIALLY --------------------------------------------------
OWNED BY 6 Shared Voting Power
EACH
REPORTING 0
PERSON --------------------------------------------------
WITH 7 Sole Dispositive Power
389,800
--------------------------------------------------
8 Shared Dispositive Power
0
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
389,800 (INDIVIDUALLY)
508,200 (TOTAL GROUP SHARES)
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10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares
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11 Percent of Class Represented by Amount in Row (9)
5.0% (INDIVIDUALLY)
6.5% (TOTAL GROUP SHARES)
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12 Type of Reporting Person (SEE Instructions)
CO
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* Sixty Seven Percent (67%) of the issued and outstanding voting stock of
Vizcaya Investments, Inc., is owned by Atlantic Security Bank ("ASB"),
a banking corporation organized under the laws of the Cayman Islands.
ASB is a wholly-owned subsidiary of Atlantic Security Holding Corp.
("ASHC"), a corporation organized under the laws of the Cayman Islands.
ASHC is a wholly-owned subsidiary of Credicorp Ltd., corporation
organized under the laws of Bermuda.
<PAGE>
CUSIP No. 150838100 Page 6 of 14
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1 Names of Reporting Persons/I.R.S. Identification Nos. of Above
Persons (Entities Only)
ATLANTIC BALANCED FUND INC.*
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2 Check the Appropriate Box if a Member of a Group (a) : [X]
(b) : [ ]
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3 SEC Use Only
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4 Citizenship or Place of Organization
BRITISH VIRGIN ISLANDS
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5 Sole Voting Power
NUMBER OF
SHARES 100,300
BENEFICIALLY --------------------------------------------------
OWNED BY 6 Shared Voting Power
EACH
REPORTING 0
PERSON --------------------------------------------------
WITH 7 Sole Dispositive Power
100,300
--------------------------------------------------
8 Shared Dispositive Power
0
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
100,300 (INDIVIDUALLY)
508,200 (TOTAL GROUP SHARES)
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10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares
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11 Percent of Class Represented by Amount in Row (9)
1.3% (INDIVIDUALLY)
6.5% (TOTAL GROUP SHARES)
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12 Type of Reporting Person (SEE Instructions)
CO
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* All of the issued and outstanding voting stock of Atlantic Balanced
Fund Inc. is owned by Atlantic Security Holding Corp. ("ASHC"), a
corporation organized under the laws of the Cayman Islands. ASHC is a
wholly-owned subsidiary of Credicorp Ltd., a corporation organized
under the laws of Bermuda.
<PAGE>
CUSIP No. 150838100 Page 7 of 14
ITEM 1(A). NAME OF ISSUER:
Celadon Group, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
One Celadon Drive
Indianapolis, IN 46235-4207
ITEM 2(A). NAME OF PERSONS FILING:
Fernando Montero Defined Benefit Pension Trust
Fernando Montero, Trustee
Cecilia Montero, Trustee
Vizcaya Investments, Inc.
Atlantic Balanced Fund Inc.
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Fernando Montero Defined Benefit Pension Trust
2665 South Bayshore Drive
Suite 1101
Coconut Grove, FL 33133
Fernando Montero, Trustee
2665 South Bayshore Drive
Suite 1101
Coconut Grove, FL 33133
Cecilia Montero, Trustee
2665 South Bayshore Drive
Suite 1101
Coconut Grove, FL 33133
Vizcaya Investments, Inc.
2665 South Bayshore Drive
Suite 1101
Coconut Grove, FL 33133
Atlantic Balanced Fund, Inc.
c/o Arias Aleman & Mora Trust Co. Limited
P.O. Box 659
Road Town, Tortola, British Virgin Islands
ITEM 2(C). CITIZENSHIP:
See Item 4 on Page 2
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CUSIP No. 150838100 Page 8 of 14
See Item 4 on Page 3
See Item 4 on Page 4
See Item 4 on Page 5
See Item 4 on Page 6
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(E). CUSIP NUMBER:
150838100
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR
13D-2(B), CHECK WHETHER THE PERSON FILING IS A: Not
Applicable.
(a) [ ] Broker or dealer registered under Section 15 of the Act
(15 U.S.C. 78o)
(b) [ ] Bank as defined in Section 3(a)(6) of the Act (15
U.S.C. 78c)
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the
Act 15 U.S.C. 78c)
(d) [ ] Investment company registered under Section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8)
(e) [ ] An investment adviser in accordance with
/section/240.13d-1(b)(1)(ii)(E)
(f) [ ] An employee benefit plan or endowment fund in
accordance with /section/240.13d-1(b)(1)(ii)(F)
(g) [ ] A parent holding company or control person in
accordance with /section/240.13d-1(b)(ii)(G)
(h) [ ] A savings associations 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 (15 U.S.C. 80a-3)
(j) [ ] Group, in accordance with
/section/240.13d-1(b)(1)(ii)(J)
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CUSIP No. 150838100 Page 9 of 14
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned:
See Item 9 on Page 2
See Item 9 on Page 3
See Item 9 on Page 4
See Item 9 on Page 5
See Item 9 on Page 6
(b) Percent of Class:
See Item 11 on Page 2
See Item 11 on Page 3
See Item 11 on Page 4
See Item 11 on Page 5
See Item 11 on Page 6
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
See Item 5 on Page 2
See Item 5 on Page 3
See Item 5 on Page 4
See Item 5 on Page 5
See Item 5 on Page 6
(ii) Shared power to vote or to direct the vote:
See Item 6 on Page 2
See Item 6 on Page 3
See Item 6 on Page 4
See Item 6 on Page 5
See Item 6 on Page 6
(iii) Sole power to dispose or to direct the
disposition of:
See Item 7 on Page 2
See Item 7 on Page 3
See Item 7 on Page 4
See Item 7 on Page 5
See Item 7 on Page 6
<PAGE>
CUSIP No. 150838100 Page 10 of 14
(iv) Shared power to dispose or to direct the
disposition of:
See Item 8 on Page 2
See Item 8 on Page 3
See Item 8 on Page 4
See Item 8 on Page 5
See Item 8 on Page 6
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 OR CONTROL
PERSON
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
See Exhibit B attached hereto
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>
CUSIP No. 150838100 Page 11 of 14
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.
MARCH 7, 2000
-----------------------------------
(Date)
Fernando Montero Defined Benefit
Pension Trust
By: /s/ FERNANDO MONTERO, TRUSTEE
--------------------------------
(Signature)
FERNANDO MONTERO, TRUSTEE/
AUTHORIZED SIGNATORY
--------------------------------
(Name/Title)
<PAGE>
Exhibit A to Schedule 13G
Joint Filing Agreement
Pursuant to Rule 13d-1(k)
The undersigned persons (the "Reporting Persons") hereby agree that a
join statement on this Schedule 13G, and any amendments thereto, be filed on
their behalf by Fernando Montero Defined Benefit Pension Trust.
Each of the Reporting Persons is responsible for the completeness and
accuracy of the information concerning each of them contained therein, but none
of the Reporting Persons is responsible for the completeness or accuracy of the
information concerning any other Reporting Person.
Date: MARCH 7, 2000
------------------------
FERNANDO MONTERO DEFINED
BENEFIT PENSION TRUST
By: /s/ FERNANDO MONTERO, TRUSTEE
-------------------------------
Name: Fernando Montero, Trustee
Title: Authorized Signatory
/s/ FERNANDO MONTERO, TRUSTEE
-----------------------------------
Fernando Montero, Trustee
/s/ CECILIA MONTERO, TRUSTEE
-----------------------------------
Cecilia Montero, Trustee
VIZCAYA INVESTMENTS, INC.
By: /s/ CARLOS MUNOZ
-------------------------------
Name: Carlos Munoz
Title: Authorized Signatory
<PAGE>
ATLANTIC BALANCED FUND INC.
By: /s/ RAIMUNDO MORALES
------------------------------
Name: Raimundo Morales
Title: Authorized Signatory
<PAGE>
Exhibit B
Members of Group:
Fernando Montero Defined Benefit Pension Trust (OO)
Fernando Montero, Trustee (IN)
Cecilia Montero, Trustee (IN)
Vizcaya Investments, Inc. (CO)
Atlantic Security Bank(1) (BK)
Atlantic Security Holding Corp.(1) (2) (CO)
Cedicorp Ltd.(1)(2) (CO)
Atlantic Balanced Fund Inc. (CO)
Aggregate amount of common shares beneficially owned by group:
508,200
Percent of class:
6.5%
(1) The holdings of these members have been reported by Vizcaya
Investments, Inc.
(2) The holdings of these members have been reported by Atlantic Balanced
Fund Inc.
